What is a tangible symbol that communicates the features, benefits, and advantages of a particular product to consumers?

In the twenty-first century, managers increasingly need to consider their plans as ________. a. a vague philosophy that should n

Gwar [14]

Answer:

Flexible road maps with destinations that may change.

Explanation:

Creativity and adaptability are necessary for a modern day manager, as things are constantly changing and the manager needs to keep up to speed with those changes around.

Therefore the manager has to make his plans flexible to accommodate future changes that can possibly occur.

7 0

3 years ago

Cullumber Co. receives $343,800 when it issues a $343,800, 10%, mortgage note payable to finance the construction of a building

Katyanochek1 [597]

Answer:

See the journal entries below.

Explanation:

The journal entries will look as follows:

Date Description Debit ($) Credit ($)

31 Dec 20 Cash 343,800

Mortgage note payable 343,800

(To record the issue of mortgage note.)

31 Dec 21 Interest expense (w.1) 34,380

Mortgage note payable (w.2) 22,920

Cash 57,300

(To record the first annual installment on Mortgage note.)

31 Dec 22 Interest expense (w.4) 32,088

Mortgage note payable (w.5) 25,212

Cash 57,300

(To record the second annual installment on Mortgage note.)

Workings:

w.1. Interest expense on December 31, 2021 = Mortgage loan amount * Interest rate = $343,800 * 10% = $34,380

w.2. Principal paid on December 31, 2021 = Annual installment payments - Interest expense on December 31, 2021 = $57,300 - $34,380 = $22,920

w.3 Mortgage loan balance on December 31, 2021 = Mortgage loan amount - Principal paid on December 31, 2021 = $343,800 - $22,920 = $320,880

w.4. Interest expense on December 31, 2022 = Mortgage loan balance on December 31, 2021 * Interest rate = $320,880 * 10% = $32,088

w.5. Principal paid on December 31, 2022 = Annual installment payments - Interest expense on December 31, 2022 = $57,300 - $32,088 = $25,212

6 0

3 years ago

A registered representative solicits a new customer to purchase a "penny stock." Prior to effecting the transaction, which proce

marta [7]

Answer: StatusB B. Have the customer sign a statement that he understands the risks involved prior to executing the order

Explanation:

The options to the question are:

StatusA A. Send a prospectus to the customer

StatusB B. Have the customer sign a statement that he understands the risks involved prior to executing the order

StatusC C. Have the branch manager approve the order and then fill the customer's order in the same manner as with any other security

StatusD D. Send the customer a Subscription Agreement to be signed before filling the order.

The correct answer is StatusB B. Have the customer sign a statement that he understands the risks involved prior to executing the order.

Under the penny stock rule of the Securities exchange commission, when a new customer is being solicited by a registered representative to purchase an over-the-counter stock non-NASDAQ, a detailed statement must be completed by the registered representative on behalf of the customer.

7 0

4 years ago

As the Managing Director of SXSW, Roland Swenson sells advertising to other businesses in an effort to promote SXSW’s music fest

galben [10]

Answer:

The correct answer is letter "A": sales promotion.

Explanation:

Sales promotion is the marketing technique in which the benefits or special features of a product or service are provided to potential customers directly. In some cases, the sales promotion also is provided to the distribution channel so later the distribution channel reuses the information obtained to promote the same goods or services to the final customers.

6 0

3 years ago

The Chester Company has just purchased $40,900,000 of plant and equipment that has an estimated useful life of 15 years. The exp

xxTIMURxx [149]

Answer: d) $33,538,000

Explanation:

Use straight line depreciation and find the annual depreciation.

= (40,900,000 - 4,090,000) / 15

= $‭2,454,000‬

In 3 years, the depreciation is;

= ‭2,454,000‬ * 3

= $‭7,362,000‬

Net book value = 40,900,000 - ‭7,362,000‬

= $‭33,538,000‬

6 0

3 years ago