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leva [86]
3 years ago
5

Benefits of having a strong brand image

Business
1 answer:
Morgarella [4.7K]3 years ago
8 0

Answer:

benefits of building and maintaining a strong brand are endless: customer recognition, word-of-mouth marketing, customer loyalty, enhanced credibility, and ease of purchase, to name a few. Your brand is one of your company's most valuable assets.

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On October 31, Year 1, A company general ledger shows a checking account balance of $8,445. The company’s cash receipts for the
slamgirl [31]

Answer:

Balance as per cash book                                                     $ 8,445

Adjustments to be recorded in cash book

Less: Bank Service Fees                                                        $ (  310)

Add: Note receivable                                                             $ 6,600                                                              

Add: Interest earned                                                              <u>$  1,120</u>

Adjusted cash balance                                                       <u>$ 15,855</u>

Balance as per bank statement                                           $ 12,895

Add: Deposits in transit ( $ 74,640 - $ 71,375)                    $  3,265        

Less: Unpresented cheques ( $ 72515- 71270)                   $ (1,245)

Add: Correction of error                                                        <u>$    940</u>

Adjusted bank balance                                                        $ 15,855

Explanation:

For cash book, the adjustments that have to be recorded are the bank service fees, collection of notes and interest.

For bank statements, the adjustments that have to be recorded are the deposits in transits ( collections not deposited). unpresented cheques ( cheques issued but not presented) and the correction of the wrong entry.

3 0
3 years ago
The Whalers are interested in trading their star left tackle. He is a veteran and makes $1.6 million per year. They are consider
Romashka-Z-Leto [24]

Answer:

$1,800,000

Explanation:

The veteran player makes $1.6 million per year.

The new prayer will be paid $1 million per year.

the Savings per year will be

= $1, 600,000 - 1,000,000

= $ 600,000

The savings in three years will be

=$600,000 x 3

=$1,800,000

3 0
3 years ago
You supply a good at a price of $5. You also earn a profit at this price. This means that your marginal cost could be _____.
Fed [463]
<span>You supply a good at a price of $5. You also earn a profit at this price. This means that your marginal cost could be less than $5.
Hope it helps.
</span>
3 0
3 years ago
Kalyan Singhal Corp. makes three products, and it has three machines available as resources as given in the following LP problem
alukav5142 [94]

Answer:

a) X1=5.64

X2=4.57

X3= 8.59

Optimal solution=104.77

b) Additional hour on machine 3 = 105.42 – 104.77 = 0.64

c) Additional 15 hours on machine 2 = 105.37-104.77 = 0.6

Explanation:

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  SOLVED WITH EXCEL SOLVER.

4 0
4 years ago
This morning, you purchased a stock that will pay an annual dividend of $1.90 per share next year. You require a 12 percent rate
Luba_88 [7]

Answer:

The correct answer is $2.43.

Explanation:

The annual dividend is $1.90.

The expected rate of return is 12%.

The growth rate is 3.5%.

The current stock price will be

=\frac{dividend}{required rate of return-growth rate}

=\frac{1.90}{12-3.5}

=\frac{1.90}{0.085}

=$22.35

The stock price at year 3 will be

=\frac{dividend*(1-growth rate)^3}{required rate of return-growth rate}

=\frac{1.90*(1+0.035)^3}{12-3.5}

=\frac{1.90*1.10}{0.085}

=$24.78

The capital gain will be

=stock price at year 3-current stock price

=$24.78-$22.35

=$2.43

8 0
3 years ago
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