Answer:
The primary purpose of this message is <u>to inform a customer about a recall</u>.
The secondary purpose is <u>to retain the customer's goodwill.</u>
Explanation:
The primary purpose of this message is to inform their customers about a problem and how it can be solved. The secondary purpose, but not less important, is to increase customer goodwill which in turn increases customer loyalty. Customers that believe that a company cares for them, will create a bond with that company.
Answer:
I should have $11,554.94 in my savings account today.
Explanation:
This can be calculated using the formula for calculating the present value (PV) of a growing annuity as follows:
PVga = (P / (r - g)) * (1 – ((1 + g) / (1 + r))^n) .................... (1)
Where;
P = maintenance costs in the first year = $150
r = interest per year = 2%, or 0.02
g = growth rate of maintenance costs = Expected annual increase in maintenance costs / maintenance costs in the first year = $100 / $150 = 0.666666666666667
n = useful life = 8
Substituting the values into equation (1), we have:
PVga = (150 / (0.02 - 0.666666666666667)) * (1 - ((1 + 0.666666666666667) / (1 + 0.02))^8)
PVga = 11,554.94
Therefore, I should have $11,554.94 in my savings account today.
Answer:
Accounts Receivable 3,400
Consulting Revenue 3,400
Supplies 1,000
Accounts Payable 1,000
Cash 2,400
Accounts Receivable 2,400
Accounts Payable 1,000
Cash 1,000
Utilities expense 800
Cash 800
Explanation:
The services are earned and were only billed not collected. So the company should reocgnize the receivable
The purchase of supplies is con credit, the company will recognize a liability
When the company collects from the account, it will decrease and cash will increase
When paying the supplier, their cash decrease and the liability is write-off
The utilities expense are cost of the period, so are recognize as expense.
Answer:
C. Place advertisements on social media
Explanation:
The promotional strategy that would be best suited for a new cell phone with advanced features is advertisment on social media because it is meant for targeted audience.
Although radio advertisement covers a wider range of audience, social media advertisement will be the best for the above scenario because it covers targeted audience and also perspective buyers would like to see sample of those features which will not be possible in radio advertisement.
There are various social media platforms like Instagrams, linkedln etc where these products can be advertised and the advanced features seen by targeted audience before placing an order.
Answer:
$664,000
Explanation:
The computation of the budgeted total manufacturing cost is shown below:
Budgeted total manufacturing costs is
= Fixed cost + Variable cost
= $24,000 + ($16 × 40,000 linear feet of block)
= $24,000 + $640,000
= $664,000
We simply added the fixed cost and the variable cost so that the total budgeted manufacturing cost could come
