TNS 5 op y Promotions D FIELD FORCE PRIMARY SALES SECONDARY SALES OFFTAKE PRIMARY SALES SECONDARY SALES ot o OFFTAKE TRADE N CONSUMER C PROMOTIONS TNS 6 Trade-directed • Price offs • Allowances • Free goods • Sales contests • Spiffs • Trade shows • Specialty advertising D o N ot C Consumer-directed • Samples • Coupons • Cash refund offers • Price offs • Premiums • Prizes • Patronage rewards •
Premium Marketing Sales promotion Sales
INVENTORY – PERIODIC INVENTORY SYSTEM In a Periodic Inventory System‚ no effort is made to keep up – to – date records of either the inventory or the cost of goods sold. Instead‚ these amounts are determined only periodically __ usually at the end of each year. It is used by very small businesses having manual accounting systems. Questions 1 – 3 (Meigns & Meigns)‚ Question 4 (Fess & Warren) Question 1:- Mach IV Audio uses periodic inventory system. One of the
Premium Depreciation Balance sheet Inventory
BHARAT HEAVY ELECTRICALS LIMITED BHELBharat Heavy Electricals Limited (BHEL) is an Indian state-owned integrated power plant equipment manufacturer and operates as an engineering and manufacturing company based in New delhi‚India. BHEL was established in 1964‚ ushering in the indigenous Heavy Electrical Equipment industry in IndiaThe company boasts of a dedicated team of highly skilled and committed workforce of 49‚390 employees | NATIONAL THERMAL POWER CORPORATION NTPC’People
Premium Employee benefit Performance appraisal Employment
Accounting Principles: A Business Perspective‚ Financial Accounting (Chapters 1 – 8) A Textbook Equity Open College Textbook originally by Hermanson‚ Edwards‚ and Maher Fearless copy‚ print‚ remix(tm) www.textbookequity.com www.opencollegetextbooks.org ISBN-13: 978-1461088189 ISBN-10: 1461088186 License: CC-BY-NC-SA p. 1 of 433 About This Publication Simply put‚ you may copy‚ print‚ redistribute‚ and re-purpose this textbook or parts of this textbook provided that you give attribution
Premium Certified Public Accountant Accountant Accountancy
000 = $233‚000 Exercise 23.8 – Budgeting Cash Receipts Sales on account for the first two months of the current year are budgeted as follows: Jan……………………………………… $800‚000 Feb……………………………………… 880‚000 All sales are made on terms of 2/10‚ n/30 (2% discount if paid in 10 days‚ full amount by 30 days); collection on accounts receivable are typically made
Premium Cost accounting Budget Direct material price variance
EXERCISES 35 EXERCISES Suppose $1 were invested in l776 <It 31% interesl cOn1{Xlunded L (A nice inherilance) yearly (0) Approximately how much would that investment be wonh today: $1‚000‚ $10‚000‚ $100‚000‚ or $1‚000‚000 ’1 (b) Whm if the inlerest ratc were 669 ’0? 2. (The 72 nile) The number ot years II required for an investment 1.11 imerest rate I to double in value musl satisfy (1 + I yl = 2 Using In 2 = 69 and the approximation In( I + I ) ~ I valid ror small" show that /I ~ 69/i‚ where
Premium Net present value Internal rate of return Time value of money
Recommendation In order to increase total sales and put Gillette Fusion on track to be a $1 billion business in the next few years‚ Gillette Fusion should launch a new advertising campaign and reduce cartridge package prices by 20% with the introduction of a onetime coupon. Explanation The media’s reaction to the “blockbuster” advertisement campaign highlights many of the campaign’s flaws. The campaign focused on the product features rather than its benefits. Due to the ad’s product focus‚ Gillette
Premium Advertising Marketing
its allowance for uncollectible accounts‚ it also records bad debt expense in the income statement. If a company overestimates the allowance account‚ bad debt expense is too high and net income is understated. As well‚ accounts receivable (net of the allowance account) and total assets are both understated on the balance sheet. In future periods‚ the company will not need to add as much to its allowance account since it is already overestimated (or‚ it can reverse the excess existing allowance balance)
Premium Inventory Depreciation Balance sheet
Accounting Notes Part 2 Frank Wood ~ Chapter 14 Sales Day Book and Sales Ledger. Folio reference from day book to sales ledger (personal accounts of debtors) SL …. > no. of a/c of debtor ------------------------------------------------- Sales Date Detail Inv. No Folio | Amount SL | SL | | | Transfer to Sales Accounts GL | 3520 ^^^ Total credit sales Posted
Premium Balance sheet Generally Accepted Accounting Principles 1979
product Product portfolio analysis (B.C.G. Analysis) 9. Marketing Strategy - Price Pricing objectives Pricing method (e.g.: cost plus‚ demand based‚ or competitor indexing) Pricing strategy (e.g.: skimming‚ or penetration) Discounts and Allowances Price Elasticity 10. Marketing Strategy - Promotion Promotional goals Promotional mix Advertising (reach‚ frequency‚ flights‚ theme‚ and media) Sales force requirements‚ techniques‚ and management Sales promotion Publicity
Premium Marketing