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3 years ago

Four P’s of business

Business

2 answers:

Nesterboy [21]3 years ago

6 0

Answer:

product, price, place, and promotion .

Explanation:

Often referred to as the marketing mix, the four Ps are constrained by internal and external factors in the overall business environment, and they interact significantly with one another.

Ivahew [28]3 years ago

3 0

Answer:

wait what I didnt get it

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A company scientist at a biotechnology company decides to work on his own research project, hoping to eventually start his own f

horsena [70]

Answer:

The correct answer is letter "C": moral hazard.

Explanation:

In the principal-agent problem, Moral Hazard represents actions taken by employees of an organization for their benefits instead of the company's. The term extends to many other fields such as financing with similar connotations. Moral hazard, in general, is described as the risk one party takes knowing that another party will have to suffer the consequences.

8 0

3 years ago

Coal Train Mines paid $435000 for the right to extract ore from a 225000-ton mineral deposit. In addition to the purchase pric

Nutka1998 [239]

Answer:

Coal Train Mines

Journal Entries:

A) Record the purchase of the mineral rights.

Date Accounts Debit Credit

Mineral Rights $435,000

Cash Account $435,000

To record the purchase of the mineral rights.

B) Record the payment of fees and other costs.

Journal

Date Accounts Debit Credit

Fees and other costs $71,250

Cash Account $71,250

To record $115 filing fee, $2,000 license fee, and $69,135 for geological survey.

C) Record the depletion for first-year production.

Journal

Date Accounts Debit Credit

Dec 31 Depletion Expense $101,250

Accumulated Depletion $101,250

To record the depletion charge for the year.

D) Record the sales of ore.

Journal

Date Accounts Debit Credit

Cash $

Sales Revenue $

To record the sale of 45,000 tons of ore

Explanation:

a) Depletion is an accrual accounting technique. It allocates the cost of extracting natural resources such as timber, minerals, and oil from the earth by using the percentage of extracted resources over the total resources. Depletion is a non-cash expense, like depreciation and amortization, that lowers the cost value of an asset incrementally through scheduled charges to the income statement. While depletion is for natural resources, depreciation is for property, plant, and equipment, while amortization is used for intangible assets.

b) The total cost to be capitalized = $506,250 ($435,000 + $71,250)

c) Depletion charge for the first year = $101,250 (45,000/225,000 * $506,250). Depletion per unit is $2.25

d) The selling price was not indicated, so no sales value was calculated.

e) Ending Inventory = $6,750 (48,000 - 45,000 * $2.25)

3 0

3 years ago

Which of the following statements concerning a bank savings account is false? a. Deposits are insured for at least $100,000. b.

cricket20 [7]

Answer:

The correct answer is C

Explanation:

Savings account is the kind of deposit account which is held at the retail bank and that pays the interest but cannot be use directly as money is at the narrow sense of the medium of exchange.

This account help the customers or people to set aside the portion of their liquid assets when earning a monetary return. And this account does not charge any fee for depositing as well as cashing the paycheck into the saving account.

Therefore, the statement which is false is that the customer have to pay a fee for depositing or cashing.

6 0

4 years ago

On May 31, 20X1, the Arlene Corporation adopted a plan to sell its cosmetics line of business, considered a component of the ent

lianna [129]

Answer:

loss from discontinued operation 450,000

Explanation:

when selling assets above the book value we have a gain:

1,200,000 - 1,000,000 = 200,000

For the gain on assets above book value we must pay taxes.

200,000 x (1-0.25) = 150,000

the income from discontinued operation plus this gain generated a component of 300,000 loss

150,000 gain on sale + income from discontinued = -300,000

discontinued result: -300,000 + -150,000 = -450,000

8 0

4 years ago

Kaylor Equipment Rental paid $75 in dividends and $511 in interest expense. The addition to retained earnings is $418 and net ne

VladimirAG [237]

Answer:

$1,269.46

Explanation:

Earnings Before Interest and Tax (EBIT) refers to the net income which is a difference between the revenue of an organisation and the expenses that were incurred in order to generate that revenue. The calculation of the EBIT is usually for a particular year and it is usually found in the Income Statement part of an organisation's financial statement.

To calculate the EBIT therefore, the Tax as well as interest must be added back to the Net Income after tax (usually added to retained earnings)

Therefore, Net Income = Dividends paid + Net Income (added to retained earnings)

= $75 + $418 = $493 - This represents a partial net income

The next step is to calculate the taxable income as follows:

The net income is $493, and the Tax rate is 35%

Taxable Income = $493/ (1-0.35) = $758.46

Earnings before interest and tax therefore =

Interest paid + Taxable Income

= $511 + $758.46 = $1,269.46

7 0

3 years ago