Alain Locke‚ in "The New Negro‚" suggests that the "old Negro" is really nothing more than a myth or an ideal. He talks about the fact that there are aspects of Negro culture - such as the spiritual - that were beaten down but were accepted when finally allowed to emerge. Locke then takes a look at some trends‚ including the tendency toward moving "city-ward‚" and says these are not because of poor or even violent conditions in the south nor of the industry in the north. Instead‚ he attributes this
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benefits and persuade customers to purchase the product. Marketing tools Each of the four Ps has its own tools to contribute to the marketing mix: Product: variety‚ quality‚ design‚ features‚ brand name‚ packaging‚ services Price: list price‚ discounts‚ allowance‚ payment period‚ credit terms Place: channels‚ coverage‚ assortments‚ locations‚ inventory‚ transportation‚ logistics Promotion: advertising‚ personal selling‚ sales promotion‚ public relations Marketing strategy An effective marketing strategy
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Morrison Consultants‚ which has a June 30 year end. Explanations are NOT required. 1. On June 30 2011‚ Morrison prepares an aging schedule of accounts receivable that shows estimated uncollectible accounts of $5‚200. Before journal entries‚ the Allowance for Doubtful accounts has a debit balance of $300 and Accounts Receivable has a balance of $85‚000. 2. On July 5‚ Morrison was notified that Sperry Ltd has declared bankruptcy and Morrison writes off its A/R of $800. 3. On September 12‚ Sperry notifies
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the original copy of the sales invoice is sent to the customer and the others are retained by the seller. Credit Memo- The credit memo is a document which will indicate a reduction in the amount due from a customer due to returned goods or any allowances given. It reduces the accounts receivable rather than increasing it. Remittance Advice- Is a document mailed to the customer and returned to the seller at the time of cash payment. It has the customer name‚ invoice number‚ and invoice amount.
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cashiering team applies the monies received. An example of a common payment term is Net 30 days‚ which means that payment is due at the end of 30 days from the date of invoice. The debtor is free to pay before the due date; businesses can offer a discount for early payment. Other common payment terms include Net 45‚ Net 60 and 30 days end of month. The creditor may be able to charge late fees or interest if the amount is not paid by
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An article in the Herald Sun Review on 29 March 2011 shows Coles now declares war on the price of chickens. In addition‚ this article also reveals defiant Coles has vowed to expand supermarket price cuts‚ adding fresh chicken to its discount battle and promising the cost of more staples will soon drop. In this article we can see what the Coles use the marketing concepts of customer wants‚ pricing‚ and satisfaction to the market. Coles’s latest product is more price cuts planned in the next few weeks
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in this cycle for a merchandising company are sales‚ sales adjustments‚ and cash receipts. The primary accounts affected by these transactions are sales‚ accounts receivable‚ cost of sales‚ inventory‚ cash‚ sales discounts‚ sales returns and allowances‚ bad debts expense‚ and allowance for uncollectable accounts Specific audit objectives for the revenue cycle are derived from the five categories of management ’s financial statement assertions. b. Specific audit objectives for credit sales
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bad debts might refer to the balance sheet account also known as the Allowance for Bad debts. It is used along with the account (Account Receivable) in order to report the net realizable value of the accounts receivable while Bad Debts refers to accounts receivable that will not be collected. They can also refer to notes receivable that will not be collected. DIFFERENCE BETWEEN DISCOUNT RECEIVED AND DISCOUNT ALLOWED Discount received are given by the suppliers of a company to induce the company
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Grade Details 1. Question: A firm’s internal control environment is not influenced by ________. Your Answer: | |[pic]|management’s operating style | | | | | | | | | | |[pic]|organizational structure | | | | | | | | | | |[pic]|personnel policies | |
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2.2Pricing Strategy Factors affecting pricing decision Kia Optima is one type of the oligopolistic competition market. It dominated by a small number of sellers‚ each seller is likely to be aware of the actions of the others. The prices might be uniform or not uniform to buyers. The price can be different at different places due to the reason of labor‚ resources‚ and taxes. Besides‚ there are few competitors include Toyota‚ Honda‚ and Hyundai. New Product Pricing Strategies Normally when
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