Answer
Hi,
The next step is to evaluate the proposed market segments for viability
Explanation
Market segmentation is when a company conducts a research to divide its customers into smaller groups according to ages, income or preferences. Understanding market segmentation helps firms to direct use results of research into the product, sales techniques and marketing strategies. In market segmentation you first define the market, form market segments, evaluate the viability of proposed market segments, create the segments profiles, check how each segment attracts, and lastly selecting the best target market for the firm.
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Answer:
January 2, 2020, 100 contracts are sold:
Dr Cash 48,500
Cr Sales revenue - tablets 23,164
Cr Unearned service revenue 25,336
Dr Cost of goods sold 16,500
Cr Merchandise inventory 16,500
December 31, 2020,
Dr Unearned service revenue 8,445
Cr Service revenue 8,445
Explanation:
the price for the bundle = $485
- tablet = $256 ⇒ [$256 / ($256 + $280)] x $485 = $231.64
- service = $280 ⇒ $485 - $231.64 = $253.36
You first need to prorate the price of the tablet and the cost of the internet service. Since the service is prepaid, you cannot recognize revenue, instead a liability account is created (unearned service revenue). As time passes, the unearned revenue will turn into accrued service revenue.
Answer:
Scientific.
Explanation:
Scientific advertising may be based on facts. Proper planned advertising based after serious consideration as we might called it.
Vertical price fixing occurs when members of the marketing channel work together to influence the costs passed on to customers.
<h3>What are vertical and horizontal price fixing?</h3>
Vertical price fixing refers to price fixing along the supply chain, while horizontal price fixing refers to price fixing between competitors in the marketplace.
<h3>Predatory pricing: What is it?</h3>
In a predatory pricing system, prices are artificially depressed in an effort to eliminate rivals and establish a monopoly. Short-term price reductions may be advantageous to consumers, but if the plan is successful in reducing competition, prices will rise and the number of options will decrease.
<h3>Vertical pricing control: what is it?</h3>
Agreements by manufacturers to set a minimum or maximum resale price are examples of vertical price-fixing arrangements.
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Pete Jackson purchased office equipment costing $3,000 for his business and paid immediately. record this transaction in the accounting equation by: decrease cash, increase equipment.
When using the accounting equation, recording the acquisition of kit for cash would come with a rise to the account and a decrease to the (Cash/Equipment/Supplies) account. What's the right definition of an asset? Business activities change the amounts within the accounting equation.
The purchase of an equipment would only result in a rise in an asset (Equipment) and a decrease in another asset (Cash) within the same amount which might result in the identical total amount of assets, liabilities and equity, and can not affect the fundamental accounting equation.
The formula is straightforward: A company's total assets are adequate to its liabilities plus its shareholders' equity. The accounting equation is also expressed as assets - liabilities = owner's equity.
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