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A marketer is a person whose primary responsibility is to promote and sell the products and services produced by a manufacturer.
The two key questions the marketer needs to ask are:
- <em>how do potential buyers go about making purchase decisions?</em>
- <em>how do potential buyers go about making purchase decisions?What influences a potential buyer's decision process and in what way?</em>
1. A marketer is responsible for making research and determining how potential buyers make decision on the choice of product to purchases.
2. The marketer also think about what factors influence the decision making of the buyer and the decisions no are taken.
Therefore, the marketer works on those two questions in order to ensure increase in sales and profit if the manufacturer.
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Answer:
Jan. 22
Dr Cash $7,140,000
Cr Common Stock $6,300,000
Cr Paid in capital in excess of par $840,000
Feb. 27
Dr Cash $180,000
Cr Preferred Stock $135,000
Cr Paid-In Capital in Excess of Par-Preferred $45,000
Explanation:
Preparation of the entries for January 22 and February 27.
Jan. 22
Dr Cash $7,140,000
(210,000*$34)
Cr Common Stock $6,300,000
(210,000*$30)
Cr Paid in capital in excess of par $840,000
($7,140,000-$6,300,000)
Feb. 27
Dr Cash $180,000
(15,000*$12)
Cr Preferred Stock $135,000
(15,000*$9)
Cr Paid-In Capital in Excess of Par-Preferred $45,000
($180,000-$135,000)
Professional growth and development - Bob
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Scholarship - Libby
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