Answer:
Increasing Inventory by 40,000 units at a cost of $15,000 per unit
The Cost of producing 40,000 units extra = $40,000 *$15,000 = $600,000,000
Conclusion: As this is an additional cost incurred by the firm by increasing inventory by 40,000 unit at $15,000 per unit, it will be term as cash outflow. The impact of the inventory change on cash flow is outflow.
Answer:
Selling
Explanation:
Marketing refers to the process of designing , promoting and distributing products and services driven by an objective of customer satisfaction, achieved through satisfaction of customer wants in the best possible manner.
Following are the four eras of marketing:
- Production era: This era was characterized by abundant raw materials, new mechanical methods. Herein, companies majorly dealt in a single product and marketing efforts were confined to brochures or catalogs.
- Selling era: In this era companies began focussing upon gaining a competitive edge, characterised by campaigns and customer needs assumed importance.
- Brand Marketing: Herein the position of a brand manager was created to assume responsibility for all brand related activities which included it's marketing and competition became intense.
- Relationship Marketing : Under this era which is the current era, the focus of marketers has shifted to customer needs, maintaining good business-customer relationships and their ultimate satisfaction.
The given case corresponds to the selling era, wherein promotion has been emphasized with significant portion of the budget being allocated to such activity.
Answer:
B. 51,000
Explanation:
The computation of the total assets at the end of the year is shown below:
= Opening balance of asset account + revenue collected - expenses incurred + additional assets purchased + additional cash invested in the business
= $30,000 + $30,000 - $34,000 + $15,000 + $10,000
= $51,000
Simply we deduct the expenses incurred and the rest of the items are to be added in the beginning balance of asset account so that the accurate amount can come.
Answer is D. time spent making a journal entry
Answer:
The correct answer is letter "D": Pepsi to the right.
Explanation:
The demand law states that when the price decreases, the quantity demanded will increase -moving the demand curve to the right, and when the price increases, the quantity demanded decreases -moving the demand curve to the left. The price-quantity demanded relation is inversely proportional.
Thus, if the price of Pepsi decreases, all else constant -<em>ceteris paribus</em>, the quantity demanded will increase moving the demand curve to the right.
