Answer:
promotional budget is set as a percentage of current or anticipated sales
Typical percent of sales is 2%-5%
Explanation:
<h3>so I would have to say arbitrary budgeting </h3>
Answer:
Explanation:
Competitive advantages are those factor that put a manufacturer in a better position over rivals in the market and gives her the benefit of higher pricing and brand loyalty.
In this scenario , the competitive advantage that Heartsong has in the industry is her world wide reputation as a provider of choice for high-quality leading -edge artificial heart valves.
However, she has fund limitation to enhance research and development , larger production and maintain additional inventory as demanded by the market . The sales on account pattern as vendors are not paid immediately and short lead time for ordering due to the nature of the heart valve was not helping the situation.
The outsourcing arrangement to Edfex will ease the stress on delivery as it has hightech warehouses in most major population centers around the country. The focus will now be on research and development and increased production capacity.
Answer:
Price elasticity of demand = 2.6
Explanation:
Given:
Old price (P0) = $70
New price (P1) = $60
Old sales (Q0) = 10,000 units
New sales (Q1) = 15,000 units
Computation of Price elasticity of demand(e):
Midpoint method
![e=\frac{\frac{Q1-Q0}{\frac{Q1+Q0}{2} } }{\frac{P1-P0}{\frac{P1+P0}{2} } }](https://tex.z-dn.net/?f=e%3D%5Cfrac%7B%5Cfrac%7BQ1-Q0%7D%7B%5Cfrac%7BQ1%2BQ0%7D%7B2%7D%20%7D%20%7D%7B%5Cfrac%7BP1-P0%7D%7B%5Cfrac%7BP1%2BP0%7D%7B2%7D%20%7D%20%7D)
By putting the value:
![e=\frac{\frac{10,000-15,000}{\frac{10,000+15,000}{2} } }{\frac{60-70}{\frac{60+70}{2} } }\\e=\frac{\frac{-5,000}{\frac{25,000}{2} } }{\frac{-10}{\frac{130}{2} } }\\](https://tex.z-dn.net/?f=e%3D%5Cfrac%7B%5Cfrac%7B10%2C000-15%2C000%7D%7B%5Cfrac%7B10%2C000%2B15%2C000%7D%7B2%7D%20%7D%20%7D%7B%5Cfrac%7B60-70%7D%7B%5Cfrac%7B60%2B70%7D%7B2%7D%20%7D%20%7D%5C%5Ce%3D%5Cfrac%7B%5Cfrac%7B-5%2C000%7D%7B%5Cfrac%7B25%2C000%7D%7B2%7D%20%7D%20%7D%7B%5Cfrac%7B-10%7D%7B%5Cfrac%7B130%7D%7B2%7D%20%7D%20%7D%5C%5C)
![e=\frac{\frac{-5,000}{12,500} }{\frac{-10}{65} }](https://tex.z-dn.net/?f=e%3D%5Cfrac%7B%5Cfrac%7B-5%2C000%7D%7B12%2C500%7D%20%7D%7B%5Cfrac%7B-10%7D%7B65%7D%20%7D)
e = 2.6
Answer:
I will use images and details from credible websites, which will boost my own credibility and support my claim. I will also use charts and graphs from trusted web resources, such as government and university sites, to make my supporting evidence clear
Explanation:
I took the test
Brainiest???
Answer:
Dr Raw materials $93,000
Cr Accounts payable $93,000
Explanation:
Based on the information given we were told that during the month, the corporation had to purchased an additional raw materials of the amount of $93,000 which means that the journal entry to record the purchase of raw materials would include a:
Dr Raw materials $93,000
Cr Accounts payable $93,000
(To record purchase of raw materials)