Answer:
Option C
Explanation:
The subject company should conduct a primary research, that is, a firsthand research by itself . In the given case the company is willing to introduce a whole new product to the market, thus they do not have any information regarding the preferences or behavior of their customer.
Scientific experiment would not be feasible as any input data could not be stated as accurate and due to the whole new segment traditional sources of information are of no use also.
Answer:
Yes, the campaign performed well.
Explanation:
Recent campaign by Brand X has performed really well. The results obtained are analyzed against the Key Performance Indicators set by the company. The amount spent on the campaign is $2783 whereas the Clicks per minute is $1.55 which indicates that customers are impressed by the campaign and they are gaining attraction in the campaign details so the CPM impression is high.
Answer:
Cost of inventory = $2,410
Explanation:
<em>The payment terms 2/10, n/30 implies that if the Company pays within te next 10 days of purchase, it will receive a discount of 2% of the net invoice amount and that the latest date for the settlement of bill is within the next 30 days of purchase.
</em>
The cost of the inventory would be the sum of the next purchase cost , shipping charges, storage fees and insurance fee
Net purchase cost net of discount = 2,000 - 40= 1,960
Cost of inventory= 1,960 + 300 + 50 +100 =$2410
Cost of inventory = $2,410
Answer:
Explanation:
The journal entry is shown below:
Purchase A/c Dr $5.9 million
To Retained earning A/c $5.9 million
(Being the error is corrected and it credited to the retained earning account)
For correction of an error, we debited the purchase account and credited the retained earning account for $5.9 million so that the correct posting can be done.
Answer:
2 years
Explanation:
Payback period is the amount of time it takes to recover the amount invested in a project from its cumulative cash flows
In the first year, -$85,000 + $30,000 = -$55,000 is recovered
In the second year, -$55,000 + $55,000 = 0
The total amount invested is recovered in the second year
