Test marketing is a marketing method that aims to explore consumer response to a product or marketing campaign by making it available on a limited basis before a wider release. Consumers exposed to the product or campaign may or may not be aware that they are part of a test group.
Answer:
The expected return=17.78 percent
Explanation:
Step 1: Determine risk free rate, beta and market risk premium
risk free rate=4.5%
beta=1.28
market risk premium/return on market=12%
Step 2: Express the formula for expected return
The expected return can be expressed as follows;
ER=RFR+(B×EMR)
where;
ER-expected return
RFR=risk free rate
B=beta
EMR=expected market return
replacing with the values in step 1;
ER=(4.5)+(1.28×12)
ER=4.5+13.28
ER=17.78
The expected return=17.78 percent
The difference is that they all not the same thing and they work different times and everything else
Answer:
Account which will appear on Income statement
(9) Sales
(3) Cost of goods sold
(4) Transportation-out
(7) Selling expense
(8) Loss on the sale of land
Explanation:
All the account that appears on the income statement are the temporary account which need to be closed at the end of each period. Their net balance is transferred to an permanent account of balance sheet.
The following account will be appeared in the balance sheet.
(1) Cash
(2) Merchandise inventory
(5) Dividends
(6) Common stock
