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mote1985 [20]
3 years ago
12

The marketing concept is a philosophy that focuses on A. Advertising products B. Selling products C. Making good products D. Pro

viding value to customers E. None of the above
Business
1 answer:
Pie3 years ago
4 0

Answer:

D. Providing value to customers

Explanation:

The marketing concept is the philosophy that firms should analyze the needs of their customers and then make decisions to satisfy those needs, better than the competition. Today most firms have adopted the marketing concept, but this has not always been the case.

Hope this was helpful, have a Wonderful Day!!

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The balance sheet of Innovative Products reports total assets of $570,000 and $770,000 at the beginning and end of the year, res
Makovka662 [10]

Answer:

$201,000

Explanation:

The computation of net cash flows from operating activities is shown below:-

Beginning Total Assets            $570,000

Ending total assets                   $770,000

Average Total Assets in use    $670,000

($570,000 + $770,000) ÷ 2

Cash return on Asset                    30%

Cash Flow from operating activities  

Average Assets × 25%               $201,000

($670,000 × 25%)

Therefore the Cash Flow from operating activities is $201,000

6 0
3 years ago
Bentley Enterprises uses process costing to control costs in the manufacture of Dust Sensors for the mining industry. The follow
Amiraneli [1.4K]

Answer:

b.$4.43.

Explanation:

                                                                      Cost            Units

Beginning inventory:

direct materials,                                       $54,760;      9270

Costs incurred during the month:

direct materials,                                     $470,000     102,000  

Total                                                         $ 524 760    118,200

Equivalent Unit Costs= $ 524760/118 ,200= $ 4.43

As FIFO method is used first the beginning inventory and started units will be accounted for.

<u>Working</u>

Units

Work in process, November 1st                           16,200

Started in production during November 10           2,000

Work in process, November 30th                          24,200

The beginning inventory was 60% complete as to materials and 20% complete as to conversion costs.

Beginning Inventory Units

Materials  16,200 (60 %)   9720

Conversion Costs  16,200 (20% ) 3240

 The ending inventory was 90% complete as to materials and 40% complete as to conversion costs.

Materials  24,200 (90 %)   21780

Conversion Costs  24,200 (40% ) 9680

Beginning inventory: direct materials, $54,760; direct labor, $20,520; manufacturing overhead, $15,440.

Costs incurred during the month: direct materials, $470,000; direct labor, $184,880; manufacturing overhead, $393,160.

4 0
4 years ago
On its Form 10-K for the year ended December 31, 2015, Bank of America Corp. reported information related to basic earnings per
astraxan [27]

Answer and Explanation:

The computations are as follows

a. For basic earning per share

=  Net income ÷ Average number of outstanding common shares

=  ($16,888 - $1,483) ÷ 10462.282 shares

= $1.47 per share

b. Preferred stock dividends = Net income - Net income applicable to common shareholders

= $4,833 - $4,211

= $622

c. The net income applicable to common shareholders is

= Average number of common shares outstanding × Basic earning per share

= 10,527.818  × $0.40

= $4,211

d. The net income is

= Preference stock dividend + Net income applicable to common shareholders

= $1,349 + $10,583

= $11,932

e. Average number of common shares outstanding is

= Net income for common shareholders ÷ basic earning per share

= $10,583 ÷ $0.94

= $11,258.51

We simply applied the general formulas

8 0
4 years ago
Which of the following statements regarding the Foreign Corrupt Practices Act (FCPA) is NOT TRUE? Group of answer choices Bribes
Kazeer [188]

The statement that is not the about foreign corrupt practices act is In an unstable political environment, payments made to local officials to avoid harassment of employees are acceptable.

<h3>Foreign Corrupt practices</h3>

The Foreign Corrupt Practices Act was established on 1977 in United States . It is a United State federal law that prohibits U.S. citizens from offering payment for business or bribing foreign government officials to benefit their business interests and retain businesses.

Citizens should not offer any payment to foreign officials for their business.

Therefore, The statement that is not the about foreign corrupt practices act is In an unstable political environment, payments made to local officials to avoid harassment of employees are acceptable.

Learn more on Foreign corrupt practices act from the link below.

brainly.com/question/8211495

3 0
3 years ago
If annual demand is 50,000 units, the ordering cost is $25 per order, and the holding cost is $5 per unit per year, which of the
Mama L [17]

Answer:

B) 708

Explanation:

The computation of the economic order quantity is shown below:

Data given in the question

Annual demand = 50,000 units

Ordering cost per order = $25

Holding cost per unit = $5

= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}

=\sqrt{\frac{2\times \text{5,000}\times \text{\$25}}{\text{\$4}}}

= 708 units

We apply the above formula to compute the economic order quantity so that the approximate value could come by considering the all items given in the question

8 0
3 years ago
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