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Fiesta28 [93]

Answer:

option 4

Reason:

A coupon that cost $200 to print that increases sales during the period it is valid by $500 and a 10 percent increase in returning customers. This gives the best return on investment for the marketing dollars spent.

3 0

3 years ago

Read 2 more answers

The two most common pricing alternatives for products in the introduction stage of the product life cycle are:.

Anarel [89]

Answer:

penetration pricing and skimming pricing

3 0

3 years ago

At year-end, Chief Company has a balance of $10,000 in accounts receivable, of which $9,000 is within 30 days and $1,000 is over

vlada-n [284]

Answer:

What is the amount of bad debt expense?

Bad debt expense $ 90

Explanation:

The initial account balance was

Initial Balance

Accounts Receivable $ 10,000

Allowance for Uncollectible Accounts $ 100

The aging of accounts receivable method indicates that the Allowance for Uncollectible Accounts must have a $190 balance.

Acc. Rec Allow.

$ 9,000 $ 90 1% 1-30 days

$ 1,000 $ 100 10% more than 30 days

$ 10,000 $ 190

The journal entry adjustment add up to the balance of Allowance for Uncollectible Accounts to complete the $190 indicated by the aging of accounts receivable method.

Bad debt expense $ 90

Allowance for Uncollectible Accounts $ 90

So the final balance of accounts are:

Final Balance

Accounts Receivable $ 10,000

Allowance for Uncollectible Accounts $ 190

7 0

4 years ago

Joseph Turner and Sons has 125,000 shares of stock outstanding. The firm has extra cash so it announced this morning that it is

Lunna [17]

Answer:

D. Tender offer

Explanation:

A. Rights offer

B. Secondary issue

C. Targeted repurchase

D. Tender offer

E. Private issue

We are informed about Joseph Turner and Sons who has 125,000 shares of stock outstanding. The firm has extra cash so it announced this morning that it is willing to repurchase 25,000 of its shares. In this case the type of offer is the firm making is tender offer. Tender offer can be regarded as a kind of public takeover bid to all shareholders, so that they can sell out their shares at a specific price during a particular time.

It is usually made public, and this time the investors do give out higher price per share compare to the stock price of the company, which give room to shareholders in selling their own share.

5 0

3 years ago

Timmons Company traded machinery with a book value of $360,000 and a fair value of $600,000. It received in exchange from Lewis

Yanka [14]

Answer:

amount of gain recognize is $24000

Explanation:

Given data

Timmons book value = $360,000

Timmons fair value = $600,000

Lewis fair value = $540,000

Lewis book value = $570,000

cash = $60,000

to find out

amount of gain recognize

solution

we know that here that cash is receive in exchange

so no commercial substance but gain is recognize

so we find gain that is

gain = fair value - book value

gain = 600000 - 360000

so gain is $240000

and

we say cash % for fair value is

cash % for fair value = cash / fair value

cash % = 60000 / 600000

cash% is 10% for fair value

so that here recognized gain recognize is given as

gain recognize = gain × cash %

gain recognize = 240000 × 10%

gain recognize = 24000

so amount of gain recognize is $24000

7 0

4 years ago