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2 years ago

When advertising increases brand loyalty for your company's brand, then the company's demand curve becomes:

1 answer:

6 0

Advertising often uses different ways to improve brand loyalty. The company's demand curve becomes more inelastic.

Brand Loyalty is very important and beneficial to businesses because it can result to constant purchases by consumers, higher revenues, and customer referrals.

It is regarded as a positive association that consumers cling to a specific product or brand. Customers who show brand loyalty are always buying a product or service.

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Holly's Ham, Inc. sells hams during the major holiday seasons. During the current year 11,000 hams were sold resulting in $220,0

yuradex [85]

I’m not sure but I think it’s A
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2 years ago

The industry-low, industry-average, and industry-high cost benchmarks on p.6 of each issue of the Footwear industry report

pashok25 [27]

<span>You would look at the different costs on the industry report. This can tel you a lot. Averages are when you take a sum of all of the different areas and then divide that by how many areas there were. This lets you know roughly how the industry is doing.</span>

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3 years ago

What is a trailing stop loss

Sveta_85 [38]

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3 years ago

Read 2 more answers

The following information was drawn from the 2016 accounting records of Ozark Merchandisers: 1. Inventory that had cost $21,200

solniwko [45]

Explanation:

Sales Discount = (Gross Sales - Sold Price) × Discount percentage

($39,900 - $1,520) × 2%

Net sales = Gross Sales - Sales Returns - Sales Discounts

= $39,900 - $1,520 - $767.60

= $37,612.40

Ozark Merchandisers Income Statement

Net Sales Revenue $37,612.40

Cost of Goods Sold ($21,200 - $920) $20,280

Gross Profit $17,332.40

Selling and Administrative Expenses $4,200

Income from Operations $13,132.40

Other Income

Gain on sale of land $1,250

Interest Expense ($360) $890

Net Income $14,022.40

Under Finance activities the interest expense is $360 in the statement of cash flow.

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3 years ago

A company's common stock shares are expected to bring a 13 % return to their investors in case of "recession" state of the econo

Ludmilka [50]

Answer:

The expected rate of return is 8.65%

Explanation:

The expected return on a stock can be calculated by multiplying the return in each scenario by the probability of that scenario. This will provide the expected value of the return based on all these scenarios. Thus, the rate of return is,

Rate of return = rA * pA + rB * pB + rC * pC

Where,

r represents the return in each scenario
p represents the probability of each scenario

The probability of normal state is = 1 - 0.45 - 0.05 = 0.5

Rate of return = 0.13 * 0.45 + 0.06 * 0.5 + (-0.04) * 0.05

Rate of return = 0.0865 or 8.65%

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3 years ago