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Elan Coil [88]
2 years ago
11

The Internet allows consumers to access information on-demand about products. This is an example of which kind of marketing util

ity
Business
1 answer:
Tju [1.3M]2 years ago
5 0

Answer:

the market utility of place and time

Explanation:

as they can do it from any place and any time

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Breakeven analysis: Barry Carter is considering opening a music store. He wants to estimate the number of CDs he must sell to br
Scilla [17]

Answer and Explanation:

The computation is shown below:

a. The operating break even point in number of CD is

= Fixed operating cost ÷ (Selling price per unit - variable operating cost)

= $73,500 ÷ ($13.98 - $10.48)

= 21,000 CDs

b. Now the total operating cost is

= Fixed cost + Quantity × variable cost per unit

= $73,500 + 21,000 CDs × $10.48

= $293,580

c. If he can sell 2,000 CDs per month than annual sale is 24,000 CDs and the break even is exceeded than 3,000 CDs by taking a difference of 24,000 CDs and 21,000 CDs . So, it should go to the CD business

d. Now the EBIT is

= (Selling price × Quantity) - Fixed cost - (Variable price × Quantity)

= ($13.98 × 24,000) - $73,500 - ($10.48 × 24,000)

= $335,520 - $73,500 - $251,520

= $10,500

We simply applied the above formulas

8 0
3 years ago
Product placement has reached the world of live theater and opera. The difference between product placement and other forms of p
AleksAgata [21]

Answer: Products are focused showing different angles.

Explanation:

Product placement is a form of advertisement in which a product is consciously placed in a televised show or video advert.

This done to draw the public attention to the specific product. The product can be the central attention point of the advert or may have repeated appearances in a show.

7 0
3 years ago
Which of the following statements about renting & owning is CORRECT?
elena55 [62]
They b<span>oth share responsibility and control over the property</span>
7 0
3 years ago
Read 2 more answers
Refurbish, Inc. bought 1,000 shares of its own stock at $8 a share. Later, it reissued the shares for $10,000. The effect of the
IRINA_888 [86]

Answer:

$10,000 increase in stockholder equity

Explanation:

The buying of treasury stock reduces the balance of stockholder equity but when the treasury stock is reissued or we can say after purchase, the sale of treasury stock is done for $10,000. So, it increases the balance of  stockholder equity

It means that the purchase of treasury stock has an adverse impact on stockholder equity whereas reissued shares have a positive impact on stockholder equity

7 0
3 years ago
Rocky River Company is a pricetaker and uses target pricing. Refer to the following information:Production volume 602,000​ units
ladessa [460]

Answer:

$30.07

Explanation:

Rocky river company uses target pricing

The production volume is 602,000 units

The market price is $34 per unit

The total assets is $13,900,000

The desired operating income is 17% of the total assets

= 17/100 × 13,900,000

= 0.17×13,900,000

= 2,363,000

The first step is to calculate the sales value

= 602,000 ×34

= 20,468,000

The total cost can be calculated as follows

= Sales value-desired operating income

= 20,468,000-2,363,000

= 18,105,000

Therefore the target full product cost per unit can be calculated as follows

= Total cost/production volume

= 18,105,000/602,000

= $30.07

Hence the full target product cost per unit is $30.07

7 0
3 years ago
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