The stage in the product life cycle of the Instant Pot would be "growth stage".
<h3>Stages in product life cycle:</h3>
There are four stages in the life cycle of a product in the market which are-
- Take-off stage or introduction,
- Growth stage or shake-out stage,
- Maturity stage and
- Decline.
The characteristics of Growth stage are-
- Increasing sales, customers and profit.
- Greater competition from fellow companies. As rival companies release similar products, the competition is frequently strong during the growth period.
- The product will move into the growth stage if it maintains its success and continues to satisfy market demands.
- Price undercutting in the growth stage is typically uncommon because businesses in this stage can boost revenue by luring in new clients.
The said product can be confirmed to be in the growth stage because it exhibits higher growth in demand by social media marketing. Also, it shows there was a rise in the rival companies Ninja and Crock-pot pressure cookers.
Learn more about product life cycle, here
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You divide his property by his tax. That makes 412,500 ÷ 5775 = 71.4285715286.
5775 is approx 71.4% of 412,500. The tax is approx 71.4%
To check this you multiply 71.4285714286 by 5775 which does get you 412,500
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Answer:
The Accounts Receivables will be reported as $154000 in August's budgeted balance sheet.
Explanation:
The credit sales for August can be calculated by separating the total sales into cash and credit sales.
The cash sales are 30% or total sales which means the remaining 70% belongs ot the credit sales.
The credit sales for August will be = 220000 * 0.7 = 154000
As the question suggests, all credit sales that is $154000 for August will remain as accounts receivables in the month of August and will be collected in September. Thus, in budgeted balance sheet for August, the Accounts receivables will be reported as $154000
A joint-stock business in which shares of the company's stock can be bought and sold by shareholders....for more info
Joint-stock company
https://en.m.wikipedia.org/wiki/Joint-stock_company?wprov=sfla1
