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3 years ago

What is the Importance of sales promotion

1 answer:

3 0

Is to boost sales of a product by creating demand. Doing this draws new customers and keeping the ones they already have

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Bella Donna Company has 100,000 shares of $3 par common stock issued and outstanding as of January 1, 2018. The shares were orig

kondaur [170]

Answer:

The balance in the paid in capital in excess of par will be $478,950.

Explanation:

As 4,210 shares is retired and each shares carries a $5 Paid-in capital in excess of par ( Issued price - Par value = $8 - $3 = $5), the retirement of 4,210 shares will include the clear of 4,210 x 5 = $21,050 in Paid-in capital in excess of par.

The beginning balance of the Paid-in capital in excess of par account = (8 -3) x 100,000 = 300,000

=> The remaining balance of the Paid-in capital in excess of par account = 500,000 - 21,050 = $478,950.

So, the answer is $478,950.

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3 years ago

On May 3, 2017, Leven Corp. negotiated a short-term loan of $685,000. The loan is due October 1, 2017, and carries a 6.86% inter

Semmy [17]

Answer:

704076 $

Explanation:

Exact statement of the question is:

<em>May 3, 2007, Leven Corp. negotiated a short-term loan of $685,000. The loan is due October 1, 2007, and carries a 6.86% interest rate. Use ordinary interest to calculate the interest. What is the total amount Leven would pay on the maturity date? (Round your answer to 2 decimal places. Omit the "$" sign in your response.)</em>

Solution:

Fro 3rd May to October 1st. 2017 there are 151 days

But 365 days = 1 year

==> 151 days = 151× 1/365 =0.414 years

But we use 1 year as one term

==> 1year = 1T

==> T = 0.414

R= 6.86

P= 685000

A=?

We use formula for the term:

A= P $(1+ \frac{R}{100} )^{T}$

Where A= ammount at the end of term

P= Loan amount

R= Rate of interest

T= No. of terms

Putting values in this formula;

==> A= 685000× $(1+\frac{6.86}{100}) ^{0.414}$

==> A= 685000 × 1.02784938489=704076 $

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3 years ago

Firms or agencies that buy goods and services for their own use or for resale are known as? enterprise customers. ultimate consu

Varvara68 [4.7K]

Answer:organization buyers

Explanation:

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1 year ago

PLEASE ANSWER ASAP WILL GIVE BRAINLIEST AN LOTSSSS OF POINTS

Luba_88 [7]

Explanation:

$1a)\frac{(2000 \times 10 \times 5) + (3000 \times 5 \times 6.5)}{100 + 100 } \\ = \frac{100000 + 97500}{100 + 100} \\ = 1000 + 975 + 1500 + 800 \\ 4275$

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3 years ago

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Culture is important in communication because a competent speaker...

Aleonysh [2.5K]

B. is knowledgeable about every culture is the most probable answer

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3 years ago