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3 years ago

Explain what test marketing is and its purpose?

1 answer:

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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.

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On November 10th, Easton Company sold the Y Company stock for $31 per share. On December 15th, Z Company paid dividends of $0.12

AysviL [449]

Answer:

Find attached complete part of the question.

The unrealized gains is $3500

Explanation:

Y stock has been disposed and its gains or losses are now realized, and it is not applicable to our computation now.

Unrealized gains or losses is the difference between purchase price of a stock and its current market price

Stock X=($43-$40)*1500=$4500 gains

Stock Z=($21-$22)*1000=-$1000 losses

So unrealized gains overall =$4500-$1000

unrealized gains =$3500

Note that the price of stock X has risen to $43 from initial $40 while that of company Z has fallen to$21 from the initial $22.

Download xlsx

3 0

3 years ago

You are in talks to settle a potential lawsuit. The defendant has offered to make annual payments of $35,000, $39,000, $80,000,

storchak [24]

Answer:

The value of the settlement today = $231,897.79

Explanation:

The value of the settlement today is the sum of the present value (PV) of cash inflows discounted at the discount rate of 5.7 %.

Year PV

1 35,000 × 1.057^(-1) = 33112.58

2 39,000× 1.057^(-2) = 34907.16

3. 80,000× 1.057^(-3) = 67743.09

4 120,000 × 1.057^(-4) =96134.94

The Pv of the total cash in flow =33,112.58 + 34,907.17 + 67,743.09 + 96,134.95 = 231,897.79

The value of the settlement today = $231,897.79

7 0

2 years ago

The term "spreading the financial statements" refers to __________

wolverine [178]

Answer:

The correct answer is letter "B": creating common-size financial statements.

Explanation:

In financial accounting, the phrase <em>"spreading the financial statements"</em> equals recording the common-size financial statement. By this, information is displayed in the Balance Sheet as a percentage of a common base figure. The common-size statement typically uses total sales revenue as the common base.

5 0

3 years ago

Lacy's Linen Mart uses the average cost retail method to estimate inventories. Data for the first six months of 2021 include: be

faust18 [17]

Answer:

Best estimate for inventory =$70,764.85

Explanation:

The closing inventory value at retail

= (Opening inventory + Purchases - sales) all in retail prices

= $123,000 + $483,000 - 493,000.

= 113000

Closing inventory value at cost

=113,000 × (64,500 + 315,000)/(123,000 + $483,000)

=70,764.85

Best estimate for inventory =$70,764.85

4 0

3 years ago

Data from the financial statements of Dils Brothers Co. and J. Cox, Inc. are presented below (in millions): Dils Brothers Co. J.

9966 [12]

Answer:

0.64

Explanation:

Debts to total asset ratio = Total liabilities / total assets

For J.Cox Inc 2016; Debts to total asset ratio = $47,422 / 73,744

Debts to total asset ratio = 0.64306

Debts to total asset ratio = 0.64

2016 debt-to-total-assets ratio for J. Cox, Inc. is 0.64

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2 years ago

Explain what test marketing is and its purpose?​

Explain what test marketing is and its purpose?