Outline are effective because they?

Herbal Organics used actor and former NFL player Sweet Dave Brown to act as its spokesperson as the "Herbal Organics Man." It fi

zhannawk [14.2K]

Answer:

D. Market Penetration

Explanation:

Market penetration is one of the Growth strategies as defined by Ansoff. With the use of an actor and an ex NFL player for their advertisement, Herbal Organics was able to penetrate the market more, thereby increasing their sales as compared to the previous year. Market penetration involves funding ways to lure away customers from competitors towards you. Its aimed at increasing the available market share through increased efforts in getting customers or target markets.

8 0

2 years ago

The HIJ bond has a current price of $800, a maturity value of $1,000, and matures in 5 years. If interest is paid semi-annually

yKpoI14uk [10]

Answer:

Explanation:

The coupon rate is defined as the interest rate paid on a bond by its issuer for the term of the security.

Hence,

Par Value = $800

Face Value = $1,000

N = 5 x 2 = 10

Since the interest is semi annual

i = 8% / 2 = 4%

CF = $15.34

Coupon = $30.68 per year or 3.068%

8 0

2 years ago

Hana Coffee Company roasts and packs coffee beans. The process begins by placing coffee beans into the Roasting Department. From

nydimaria [60]

Answer:

Unit Information

Units charged to production:

Inventory in process, July 1 30000

Received from materials storeroom 155000

Total units accounted for 185000

Units to be assigned costs: Equivalent Units

Whole Units DM Conversion

Beginning 30,000 0 27,000

Std and comp 119,000 119,000 119,000

Transferred to 149,000 119,000 146,000

Ending 36,000 36,000 16,200

Total units 185,000 155,000 162,200

Materials Conversion (labor + overhead)

Total costs for the month 620,000 123,272

Total equivalent units 155,000 162,200

Cost per equivalent unit $4.00 $0.76

DM Conversion Total

Beginning $121,800.00

Incurred $620,000.00 $123,272.00 $743,272.00

Total costs accounted for $865,072.00

Beginning $121,800.00

To complete $20,520.00

Total beginning $142,320.00

Std and comp $566,440.00

Trasnferred $708,760.00

Ending $156,312.00

Total costs assigned $865,072.00

Explanation:

First we calcualte the physical units.

then the equivalent units.

we solve for equialent cost per unit by dividing the cost of the period by the equivalent unit

then, we make the cost reconciliation

notice how the cost accounted (beginning + incurred during the period)

matches the cost assigned (trasnferred + ending WIP inventory)

4 0

2 years ago

Bright Minds Toy Company prepared the following sales budget for the second quarter. Projected sales for each of the first three

Verizon [17]

Answer:

Total sales is $1,777,000

Explanation:

April May June Total

cash sales $115,000 $77,000 $140,000 $332,000

sales on account $455,000 $500,000 $490,000 $1,445,000

Total sales $570,000 $577,000 $630.000 $1,777 ,000

Above is the sales analysis for the three months April to June,the total sales in the quarter is $1,777,000 which comprises of both cash sales and credit sales in all of the three months.

Sales does not be cash,as sales is to recognized when the entity making the sale has performed its obligation of delivering the goods to the customers or delivered on an agreed service.

4 0

2 years ago

Elmo Johnson was late on his property tax payment to the county. He owed $7,500 and paid the tax four months late. The county ch

GrogVix [38]

Answer: $250

Explanation:

From the question, we are told that Elmo Johnson was late on his property tax payment to the county and that he owed $7,500 and paid the tax four months late.

We are further told that the county charges an annual penalty of 10%. The amount of the penalty for the four-month period goes thus:

Annual penalty = 10% × $7500

= 0.1 × $7500

= $750

Since he is four months late and there are twelve months in a year, this will be:

= $750 × 4/12

= $750 × 1/3

= $750/3

= $250

8 0

2 years ago