Answer:
Price lining
Explanation:
Price lining can also be called product line pricing, it is a marketing strategy where a business prices its offerings according to the quality, features, or attributes to differentiate it from other similar offerings.
In other words, price lining is a process of grouping similar offerings under different price brackets, each varying slightly by the quality features, or attributes on offer. These brackets usually tend to start low and go higher in price.
Answer and Explanation:
The Journal entries are shown below:-
1. Cash Dr, $19,200,000
To Deferred revenue $19,800,000
(Being receipt of cash for gift cards is recorded)
2. Deferred revenue Dr, $12,200,000
To Sales revenue $12,800,000
(Being revenue recognized from the redemption of gift cards is recorded)
3. The computation of ending balance in Deferred revenue is shown below:-
Ending balance in Deferred revenue = Sold apples - Redeem amount of the gifts
= $19,200,000 - $12,200,000
= $7,000,000
The net change in cash formula can be this easy:
Add the two cash inflows and subtract the cash outflows.
So In here we have;
Cash inflows from operations = $60,500
Cash inflows from financing = $25,000
Cash outflows from investing activities = $47,000
$60,500 + $25,000 - $47,000 = $38,500
The net change in cash was $38,500
Answer:
30 units at a cost of $14,80
Explanation:
The table shows purchases sales and balance with its corresponding number of units and cost. Before Patricia sold 30 units, she had 64 units available but not all of them cost her the same. The FIFO inventory method is "First in First out" which means Patricia is going to sell the first units she bought, if she needs more then she goes to the second purchase and so on.
So, if she sold 30 unit then she is going to use the first 20 units she bought at 11$ ($0,55 per each unit), but she is missing 10, then, she is going to take 10 units from the second purchase of 26 units at $10 ($0,38 each unit).
To know the cost of goods sold we need to multiply each unit sold by its cost per unit:
20 units x $0,55 = $11
10 units x $0,38= $3,8
Then we add:
$11+$3,8= $14,80. This is the total cost of goods sold (if we assume $ 11 was the total cost for 20 units and $10 was the total cost for 26 units)
"The cost of creating an email campaign for a product or a service is typically more expensive and takes longer to conduct than a direct-mail campaign" is FALSE.
<u>Option: </u>B
<u>Explanation:</u>
Email campaigning is the practice of mailing out a promotional message via online, usually to a collection of people. Each email sent to a prospective or existing client may be regarded email advertising in its purest sense.
It automatically sends ads, soliciting business, or soliciting sales or donations via email. This process is faster than direct-campaign, because direct is time taking and hectic. Require huge manpower and not that effective as e-mailing, as people are more active and available too in online than offline.
