Answer:
0%
30%
Explanation:
Given:
Average return = 15%
Standard deviation = 15%
Computation:
On assuming 68% chance,
Lowest point = Average return - Standard deviation
Lowest point = 15% - 15%
Lowest point = 0%
Highest point = Average return - Standard deviation
Highest point = 15% + 15%
Highest point = 30%
Therefore, on 68%, Lowest point is 0% and highest point is 30%.
Answer:
Increasing total sales by targeting more customers
Explanation:
When a company has a product that can satisfy various segments of customers, they will target as many customers as possible.
This will increase the number of sales that the company makes and in turn will increase revenue.
Targeting a wider customer base is the strategy being used by In-N-Out Burger. They decided to target both the college student community and the artisan build-your-own burger segment.
This startegy can however be more expensive if different advertisements are required to target different segments. Promotion expense will increase.
<span>keep it small, especially in the beginning
Small businesses die when you expand too quickly in the beginning</span>
Answer:
The answer is C. link the advertisements to online promotions.
Explanation:
Now lets take a look at it one by one and see why C is the answer.
As in option A, she can ask a few friends whether they've seen the ad or not, but their replies would not accurately show the success of the promotion strategy.
In Option B, it take some time to measure the results and the quarterly sales numbers can be influenced by many factors and may not reflect the impact of this specific promotional campaign.
Option D is irrelevant, Elise's company sales and the sales of the newspapers are not related. So we can not take this as an answer.
Option C however is very applicable. If you link the advertisements to online promotions, when those who read the news paper comes to check the online promotion, we can see how well has the ad performed based on the number of online enrollments of the readers.
Answer:
Highland construction company
Income statement
For the year ended December 31, 2014
Sales revenue=128,400
Total expense=80,200
Pretax income=48,200
Tax =14,460
Net income =33,740
Highland construction company
Statement of stockholder's equity
For the year ended December 31,2014
Balance December 31,2013=0
Stock issuance =87,000
Add:Net income
Less:Dividends
Balance December 31,2014=87,000
Highland construction company
Balance sheet
December 31,2014
Account payable=46,140
Salaries payable=2,520
Total liabilities
Common stock=87,000
Retained earnings=23,740
As complete information is not given so only relevant portion is done.
