Response:
The correct choice is letter "E": Conviction.
Rationale:
The stages of buyer readiness illustrate the process that marketing identifies consumers undergo while making a purchase influenced by advertisements. These stages include: Awareness, Knowledge, Liking, Preference, Conviction, Purchase. In the stage of conviction, marketing is aimed at persuading customers of the product's appropriateness for them. The advertisement seeks to instill confidence in consumers regarding their purchasing decision. Consequently, motivating women to purchase rings for themselves fits within this stage.
The depreciable life of an asset is crucial for the financial manager. Generally, a shorter depreciable life is advantageous, as it leads to quicker cash flow circulation. This concept of depreciation allows for the expense of financial or intangible resources to be allocated over their useful lives. It indicates the extent to which an asset's value diminishes over time. For both taxation and accounting, long-term assets can be depreciated, and the duration allocated to these assets significantly influences the cash flow. Hence, shorter depreciable lives are more favorable compared to longer ones due to the expedited influx of cash for finance managers.
Answer:
Ending inventory cost for April is equal to $121,875
Explanation:
Based on the information provided in the question:
Unit production cost Absorption cost Variable cost
Direct material $15 $15
Direct labor 10 10
Variable factory overhead 7.5 7.5
Fixed factory overhead 5
Total cost $37.5 $32.5
Finished goods inventory calculation results in 12,500 - 8,750 = 3,750
The cost of the finished goods inventory calculated using absorption costing = 3,750 × $37.50
= $140,625
The finished goods inventory cost using variable costing = 3,750 × $32.50
= $121,875
To calculate the percentage return, use the formula (total profit / total investment) * 100, which gives us
( 100 / 1000 ) * 100 = 10%
Response:
The total value of Treasury stock at the end amounts to $85,000
Clarification:
Data Provided:
The amount of treasury stock purchased = 15,000 at $17 each
and the number of treasury stock sold = 10,000
Calculations:
Total cost of purchased treasury stock = 15,000 × $17
which equals $255,000
The proceeds from selling the treasury stock = 10,000 × Purchase price
which is 10,000 × $17
leading to $170,000
To compute the final dollar amount of Treasury stock:
Dollar amount of Treasury stock at the end = Total purchased - Total sold
which simplifies to $255,000 - $170,000
thus resulting in a final amount of $85,000
