Answer: $1,305,000
Explanation:
Blue initially estimated that the goal would not be achieved so had not catered for the expense in the case that it would.
In 2022, when Blue estimates that the target will be reached, they will have to account for the expenses for the three years for the option because the options value is to be amortized over the period in question which is 4 years.
Options value = 290,000 * 6
= $1,740,000
Over 4 years:
= 1,740,000 / 4
= $435,000
Over the three years:
= 435,000 * 3
= $1,305,000
<em>Expenses will increase by 1,305,000 for the year. </em>
Answer:
$151,200
Explanation:
The cost of goods sold is the beginning inventory plus purchases plus freight-in, minus purchases returns and allowances minus ending inventory
Cost of goods sold extract of income statement:
Beginning inventory $29,200
Purchases $144,000
Freight-in $8,000
Purchases returns and allowances <u> ($5,000)</u>
Net purchases <u>$147,000</u>
cost of goods available for sale $176,200
ending inventory <u> ($25,000)</u>
cost of goods sold $151,200
The cost of goods sold is $151,200,which would be deducted from net sales in order to arrive at gross profit
Answer:
Place
Explanation:
The marketing mix is defined as a set of the marketing tools which the organizations use them to obtain their marketing objectives in their target markets.
In other words, it is the foundation model for the businesses. It defines the key management decisions that are needed to achieve success in the marketing world.
The four P's in marketing are :
price
, product
, place and promotion.
A product's target market is a part of 'place' of the 4 P's of the marketing strategy.
<span>Imagine
an economy in which:
(1) pieces of paper called yollars are the only
thing that buyers give to sellers when they buy goods and services, so
it would be common to use, say, 50 yollars to buy a pair of shoes;
(2)
prices are posted in terms of yardsticks, so you might walk into a
grocery store and see that, today, an apple is worth 2 yardsticks; and
(3) yardsticks disintegrate overnight, so no yardstick has any value for
more than 24 hours.
In this economy, the yardstick is a unit of account but it cannot serve as a store of value.</span>
Answer:
b. shoe-leather costs
Explanation:
The shoe leather cost refer to the cost of time and effort to reduce the amount of cash you have with the idea of not losing the value of the money because of a high inflation. So, what people do immediately after they receive the money is to change it to a foreign currency or make purchases as its value is lost quickly. Acording to this, the situation explained is an example of shoe-leather costs.
