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3 years ago

Marketing consists primarily of advertising a product or service. a. True b. False

1 answer:

7 0

I think the answer would be false. Marketing does not primarily consists of only advertising a product or service. It involves with the buying and selling of a product or a service. It would include advertising, selling of the products and the delivery of these products to the consumers. It should be able to coordinate the 4P's in marketing namely the product, the price, the place and the promotional strategy. So, it is not mainly advertising a product or a service.

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A b c d

lina2011 [118]

Answer:

Net Sales a. $ 150,000, b. $ 902,500, c.$ 50,600, d.$ 268,500

Gross Profit a. $ 50,850 b. $ 344,755 c. $ 11,638 d. $ 139,083

Gross Margin ratio a. 33.9 %, b. 38.2 %, c. 19.9 %, d. 51.8 %

Explanation:

Computations of data requirements

a b c d

$ $ $ $

Sales 169,000 930,000 57,000 276,000

Less: Sales discounts ( 4,000) ( 21,500) ( 600) ( 5,300)

Less Sales return and allowances ( 15,000) ( 6,000) (5,800) ( 2,200)

Net Sales 150,000 902,500 50,600 268,500

Cost of Goods Sold 99,150 557,745 38,962 129,417

Gross Profit 50,850 344,755 11,638 139,083

Gross Margin Ratio % 33.9 % 38.2 % 19.9 % 51.8 %

5 0

3 years ago

An independent review and examination of system records and activities in order to test for adequacy of system controls, to ensu

lubasha [3.4K]

Answer:

Audit

Explanation:

Financial auditing is the process of examining an organization's (or individual's) financial records to determine if they are accurate and in accordance with any applicable rules (including accepted accounting standards), regulations, and laws.

External auditors come in from outside the organization to examine accounting and financial records and provide an independent opinion on these records. Law requires that all public companies have their financial statements externally audited.

Internal auditors work for the organization as internal employees to examine records and help improve internal processes such as operations, internal controls, risk management, and governance.

8 0

4 years ago

Ferkil Corporation manufacturers a single product that has a selling price of $20.00 per unit. Fixed expenses total $63,000 per

pshichka [43]

Answer:

Break-even point= 11,500 units

Explanation:

Giving the following information:

Selling price= $20.00 per unit.

Fixed expenses= $63,000 per year.

Break-even point= 9,000 units to break even.

Desired profit= $17,500

First, we need to calculate the unitary variable cost:

Break-even point= fixed costs/ contribution margin

9,000= 63,000 / (20 - unitary variable cost)

9,000*20 - 9,000x= 63,000

180,000 - 63,000= 9,000x

117,000/9,000=x

13= unitary variable cost

Now, we can calculate the number of units:

Break-even point= (fixed costs + desired profit) / contribution margin

Break-even point= (63,000 + 17,500) / (20 - 13)

Break-even point= 11,500 units

3 0

3 years ago

Which of the following is NOT a prompt a leader will use when asking members to complete sentences? a. One thing I am afraid to

Airida [17]

Answer:

The correct answer is letter "A": One thing I am afraid to say in this group is...

Explanation:

Managers portraying weak images typically end losing control over their subordinates affecting a company's efficiency and effectiveness. Leaders must always be willing to impose their ideas when convenient for the whole group. They must provide firm, strong orders under those situations for the common benefit of their team. Mentioning employees:

"One thing I am afraid to say in this group is...";

shows the manager is not even sure of what he thinks. It is important to take into consideration the subordinates' points of view but before that, the leader must be sure of what he or she is doing.

3 0

3 years ago

1.How we can measure uncertainty in the environment? Define it with the help of relevant grid. Also provide at least one example

Dafna1 [17]

Answer:

Ujhvfhibsbsjsneudnddjideh

7 0

3 years ago