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Luden [163]
3 years ago
8

Aster Inc. has developed a new digital three-tier food steamer. Though the product comes with a self-explanatory manual, the con

trols and the operation of the appliance have to be explained to the customer on a one-to-one basis, in great detail. Which of the following elements of the promotional mix is Aster most likely to rely on to sell its products?
a. Advertising
b. Sales promotion
c. Public relations
d. Personal selling
Business
1 answer:
alukav5142 [94]3 years ago
6 0

Answer:

d. Personal selling

Explanation:

Personal selling would be the one of the component of the promotional mix where the person interact with the customers from face to face and explains the product with respect to its features, price, benefits, etc also at the same time customer could solve their doubts related to the product

So as per the given situation, the option d is correct

You might be interested in
Assume that Crane Company uses a periodic inventory system and has these account balances: Purchases $630,000; Purchase Returns
Veseljchak [2.6K]

Answer:

Cost of goods sold =$61,5300

Gross Profit = $144,700

Explanation:

Given the information:

  • Purchase : $630,000
  • Purchase Returns and Allowances $25,700
  • Prchases Discounts $10,900
  • Freight-In $18,300
  • beginning inventory of $45,000
  • ending inventory of $64,600
  • net sales of $760,000

As we the, the fomular for total Goods Available for Sale

=   Beginning Inventory + Purchases + Freight-In - Purchase Returns and Allowances - Purchases Discounts

= $45,000 +  $630,000 + $18,300 - $25,700 - $10,900

= $67,9900

=> Cost of goods sold =  Total Goods Available for Sale - ending inventory

= $67,9900 - $64,600

= $61,5300

=> Gross Profit = Net sales - Cost of goods sold

= $760,000 - $61,5300

= $144,700

Hope it will find you well.

7 0
3 years ago
Read 2 more answers
For a perfectly competitive firm, which of the following is not true at profit maximization?a. Total revenue minus total cost is
topjm [15]

Answer: Option (d) is correct.

Explanation:

Correct option: Market price is greater than marginal cost.

In a perfectly competitive market, there are large number of buyers and sellers. So, price is determined by the market forces.

At a point of profit maximization, price is equal to the marginal cost and we have to maximize the difference of the total revenue and total cost. It was not seen in a perfectly competitive market that the price is above the marginal cost at a profit maximizing point.

Therefore, option (d) is not true.

5 0
3 years ago
The firm receives an average of $20,000 in checks per day. The weighted average delay in clearing the checks received is 3 days.
katrin [286]

Answer:

<u>$26000</u>

Explanation:

from the question;

check per day; 20000

delay: 3 days

checks to pay suppliers; 17000

clearing time 2 days

<u>we first calculate collection flaot:</u>

collection flaot = average amount of check x outstanding days

= 20000 x 3

= 60000

now we have to calculate <u>disbursements float:</u>

average amount of check x days to clear

= 17000 x 2

= 34000

with these two values we can get the net float

= collection flaot - disbursements float

= 60000 - 34000

= <u>$26000</u>

5 0
3 years ago
Having in mind the pandemic, should a company reduce its leverage in order to add value to its shareholders? and why?
tensa zangetsu [6.8K]

Answer:

No, taking into account the pandemic, companies should not reduce their leverage, as this would make it very difficult for small and medium investors to invest in a context of lack of income and shortage of available circulating money.

Therefore, leverage implies the possibility for investors to access the necessary funds to be able to invest their money, without the need to dispose of their savings or the money they use for essential activities.

8 0
3 years ago
Last year Kruse Corp had $355,000 of assets, $403,000 of sales, $28,250 of net income, and a debt-to-total-assets ratio of 39%.
maksim [4K]

Answer:

It will improve the ROE by 5.29%  to 18.34% from 13.05%

Explanation:

<u>current values</u>

assets 355,000

sales  403,000

net income 28,250

debt to assets = 39%

debt = assets x 39% =  355,00 x .39 = 138,450

equity = assets - debt = 355,000 - 138,450 = 216,550

<u>Current ROE</u>

net income / own funds (equity)

28,250/216,500 = 0,1304849 = 13.05%

<u>With the proposition of reducing assets to 252,500</u>

debt = assets x 39% =  252,500 x .39 = 98,475

equity = assets - debt = 252,500 - 98,475 = 154,025‬

<u>proposition expected ROE</u>

28,250/154,025 = 0,183411783 = 18.34%

<em>Change in ROE 18.34 - 13.05 = 5.29</em>

6 0
3 years ago
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