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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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Zippy is earning ​$30 comma 000 per year working for​ Joe's Car Repair. He also has savings of ​$150 comma 000​, on which he is
shepuryov [24]

Answer: $105,000

Explanation: In Economics the term profit refers to the amount a company or an individual left with after paying for implicit and explicit cost. Explicit cost means cost paid to others for their services.

While, Implicit cost or opportunity cost is the cost of loosing profits due to choosing one alternative over other. In this case Zippy's salary and his interest on savings is his implicit cost.

therefore,

Economic profit = $250,000 - ( $30,000 + $15,000 + $100,000 )

                          =  $105,000

8 0
2 years ago
National Business Machines manufactures two models of fax machines: A and B. Each model A costs $100 to make, and each model B c
Ulleksa [173]

Answer:

4500 units of A and 7,000 units of B

Explanation:

The linear programming equations can be formed as:

The objective function = 30a + 40b

a + b = 2500.........................equation 1

100a + 150b = 600,000......equation 2

multiply equation 1 by 100 we have

100a + 100b = 250000..........equation 3

Subtract equation 3 from 2

100a + 150b = 600,000......equation 2

<u>100a + 100b = 250,000.</u>.........equation 3

              50b = 350,000

Therefore b = 350,000 / 50 = <u>7,000</u>

substitute 7000 for b in equation 1

a + 7000 = 2500

a = 2,500 - 7000 = <u>4500</u> (ignoring the minus sign)

Therefore the company should produce 4500 units of A and 7,000 units of B

6 0
2 years ago
Springer Anderson Gymnastics prepared its annual financial statements dated December 31. The company reported its inventory usin
stira [4]

Answer:

Ending Inventory Net Realisable Value or LCM is $ 14,000

Net Income  Net Realisable Value or LCM is $ 11,900

Explanation:

Purchase Cost                                    Replacement Cost per

Item    Quantity      Per Unit     Total          Unit          Total  Cost      NRV

A            1,500        $ 3         4,500         $  4             $ 4500     $4500

B           750            4            3,000             2             $1500       $ 1500

C       3,500              2            7,000            1             $3500       $ 3500

<u>D            1,500        5           7,500            3              $ 4500       </u><u>  $ 4500     </u>

                                                                                                 $ 14000

Ending Inventory $ 22,000

Income Statement

Sales Revenue $ 140,000

Cost of Goods Sold

Beginning Inventory $ 15,000

Purchases 91,000 Goods

Available for Sale 106,000

Ending Inventory 14,000  Applying LCM/NRV

Cost of Goods Sold 92,000

Gross Profit 48,000

Operating Expenses 31,000

Income from Operations 17,000

Income Tax Expense (30%) 5,100

Net Income $ 11,900

4 0
2 years ago
During its first year of operations, Eastern Data Links Corporation entered into the following transactions relating to sharehol
gizmo_the_mogwai [7]

Answer:

Eastern Data Links Corporation

Journal entries

Step 1.

Issuance for Common stock at a premium in exchange for cash

Feb 12,

Dr. Cash account with $18,000,000

Cr. $1 Ordinary share Capital Account with $2,000,000

Cr. Ordinary share premium Account with $16,000,000

(Being $18million received for 2million shares valued at $1 and sold at a premium of $9)

Step 2.

Issuance for Common stock at a premium in settlement of a liability due

Feb 13,

Dr. Accounts Payable account with $360,000

Cr. $1 Ordinary share Capital Account with $40,000

Cr. Ordinary share premium Account with $320,000

(Being $360,000 legal expense liquidation in exchange of 40,000 shares valued at $1 and sold at a premium of $9)

5 0
2 years ago
Janus Coat Company purchased a delivery truck on June 1 for $30,000, paying $10,000 cash and signing a 6%, month note for the re
VARVARA [1.3K]

Answer:

Find below complete question:

Janus Coat Company purchased a delivery truck on June 1 for $30,000, paying $10,000 cash and signing a 6%, 2-month note for the remaining balance. The truck is expected to depreciate $6,000 each year. Janus Coat Company prepares monthly  financial statements. Instructions:

(a)  Prepare the general journal entry to record the acquisition of the delivery truck on June 1st. (b)  Prepare any adjusting journal entries that should be made on June 30th. (c)  Show how the delivery truck will be reflected on Janus Coat Company's balance sheet on June 30th.

Dr  Truck          $30,000

Cr Cash                                  $10,000

Cr notes payable                   $20,000

Dr depreciation expense         $500

Cr accumulated depreciation                  $500

Dr interest expense               $100

Cr interest payable                             $100

Balance sheet extract on 30th June"

Delivery truck                               $30,000  

Accumulated depreciation              ($500)

Net book value                            $29,500

Explanation:

The journal entry to record the purchase of the truck would have $30,000 debited to truck account while cash and notes payable are credited with $10,000 and $20,000 respectively.

On 30 June depreciation expense =$6000/12=$500

Interest of one month on the note payable on 30th June=$20,000*6%*1/12=$100

5 0
2 years ago
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