Answer:
Leave the price alone. Although it may lack some of the features that competitors’ models have, the Boss brand is well-recognized and well-respected in the market
Explanation:
You chose to lower the price to $359.That was the best choice.During the maturity stage of the product life cycle, increased competition eventually forces price cutting, and market share leadership may outweigh profit as a pricing objective, so this is a good option. However, it would take some research to determine whether the company can still make a profit at this price.
Answer: $66,810,000
Explanation: take the balance at the beginning of the year add it to the net income from statement of comprehensive incomes then minus the cash dividends declared from the total of the beginning balance and net income then get the retained balance at the end of the 20Y3 year of 66 810 000.
The stock dividends of 2,600,000 have two accounts involved which is stock( inventory) and dividends declared which is an liability.
Sumter Pumps Corporation
retained income statement for the year ending 31 december 20Y3
balance 01/jan/20Y3 $59,650,000
CHANGES IN EQUITY
Net Income 8,160,000
dividends paid and declared
Cash dividend 1,000,000
stock dividend 0
balance 31 dec 20Y3 $66,810,000
Answer:
well this is a devastating question. The children will be able to benefit financially from the money that the parents saved up for the children.
Answer:
b. assure current users they made the correct choice in choosing the product.
Explanation:
- The advertising that assured the purchasing party to be reassured and tells them they have done have the right thing by buying the brand or product and also explains how to get the best results from that product along with the most satisfaction. Its purpose is to maintain a market share.
- An example of this could be the automobile industry that provides the information regarding the warranty, and uniqueness and brand value. <u>Just to have a positive reinforcement and develop a conditioning towards that product or brand.</u>
