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Nana76 [90]
2 years ago
14

When fashion fair cosmetics offers marketing assistance to resellers that buy its products, it is engaging in what type of promo

tion technique?
Business
1 answer:
PIT_PIT [208]2 years ago
3 0
When fashion fair cosmetics offers marketing assistance to resellers that buy its products, the promotional technique used is called the Push Sales Strategy. It is a technique where the manufacturers would "push" the products to the market by the supply chain to the consumer. These manufacturers are termed as wholesalers while the bridge to the consumers are called the retailers. With this type of strategy, incentives are being given to the retailers to motivate them of purchasing. Incentives can be discounts, premiums, buy-back guarantees and services like from the statement, marketing assistance. The other strategy is called the pull sales strategy where the manufacturer would make the consumers interested in their products.
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After recording depreciation for the current year, Media Mania Incorporated decided to discontinue using its printing equipment.
Naily [24]

Answer:

1. the printing equipment is Impaired

2. Journal

Impairement Loss $146,000 (debit)

Accumulated Impairement Loss $146,000 (credit)

3. Journal

Accumulated Depreciation $554,000 (debit)

Accumulated Impairement Loss $146,000 (debit)

Printing Equipment (credit) $700,000

Explanation:

Impairement Loss (IAS 36) happens when the Carrying Amount of an Asset Exceeds its Recoverable Amount.

<u>Carrying Amount Calculation</u>

Carrying Amount = Cost - Accumulated Depreciation

                            = $752,000 - $554,000

                            = $198,000

<u>Recoverable Amount Determination</u>

Recoverable amount of an asset is the Higher of :

  1. Value in Use or
  2. Fair Value Less Cost to Sell

Only the fair value is provided, hence Recoverable amount is $52,000

<u>Analysis for Impairment loss</u>

Carrying Amount $198,000 > Recoverable amount $52,000

Therefore the printing equipment is Impaired

Impairement Loss $146,000 (debit)

Accumulated Impairement Loss $146,000 (credit)

6 0
1 year ago
B. At one time, the centrally planned economy of China encouraged farmers to produce
gladu [14]

Answer:

At one time, the centrally planned economy of China encouraged farmers to produce  iron in their backyards, rather than have factories make iron. This proved unsuccessful,  since most of the farmers' iron was of poor quality. Why do you think this approach was  unsuccessful? How could this experiment become a success in a free market economy?

The reason why the approach whereby farmers make iron in their backyard could not work out is as a result of not being inclined in that market as they are only skilled in agriculture, also they do not understand the rhetorics of the business.

The experiment would be a success in a free market as anyone is allowed to sell such product, this gives room for competition and helps to price reduction which is good for the consumers, also it would help in improvement of such product's quality because of competition involved

Explanation:

3 0
2 years ago
The General Fund levies property taxes in the amount of $1,000,000 for calendar year 2019. It expects to collect $950,000 during
Musya8 [376]

Answer:

Under the accrual basis, it should recognize $1,000,000 as property tax revenue for the year 2019.  The remaining $45,000 that it does not collect in year 2019 will be accounted for as Property Tax Receivable while the $5,000 will be recorded as Uncollectible Expense in 2019.

Explanation:

The accrual concept or basis of accounting requires that all revenues and expenses relating to a fiscal year be recognized in that accounting year.  It is not only the actual cash receipts and payments that should be recognized.  This means that any revenue that is due but not yet received will be accounted for in the year that the revenue arises.  And all the related expenses for raising the revenue will also be accounted for in the same year.

8 0
1 year ago
First National Bank charges 13.1 percent compounded monthly on its business loans. First United Bank charges 13.4 percent compou
FinnZ [79.3K]

Answer:

EAR for First national Bank =  13.92 %

EAR for First United Bank = 13.85 %

Explanation:

given data

First National Bank charges =  13.1 percent

compounded monthly , 1 year = 12 month

First United Bank charges = 13.4 percent

compounded semiannually , 1 year = 2 semiannually

solution

we get here first EAR for First national Bank that is express as

EAR for First national Bank = (1+ \frac{r}{n} )^n - 1 .....................1

here r is rate and n is month

so put here value

EAR for First national Bank =  (1+ \frac{0.131}{12} )^{12} - 1

EAR for First national Bank =  13.92 %

and

EAR for First United Bank   is

EAR for First United Bank = (1+ \frac{r}{n} )^n - 1   ..................2

here r is rate and n is semi annually

EAR for First United Bank = (1+ \frac{0.134}{2} )^2 - 1

EAR for First United Bank = 13.85 %

here First United bank EAR is less

5 0
1 year ago
The hawthorne studies revealed that employees who are happy and satisfied with their work will perform better. out of this study
QveST [7]
The answer that best fits the blank above is HUMAN RELATIONS. The Hawthorne studies, as referred above, were done by Elton Mayo and Fritz Roethlisberger and the studies aim in <span>socio-psychological aspects of human behavior in the workplace or at any organization. As suggested above, human relations is created due to these studies.</span>
6 0
1 year ago
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