ANSWER THE FOLLOWING Problem 2 You are currently started expansion of your existing store which currently render 15% of the current market for infant clothing, your newly acquired store will have a projection of 13% market percentage addition as your customers. After series of advertisements and positive feedbacks from customers, 74% of those who were your customers remain and those other buyers (20% of them) which weren’t your customers became your customers. Project how many percent will be buying on your apparel at the end of the third month. a. 41.03% b. 61.03% c. 38.96% d. none of these (2) Project how many percent will not be buying on your apparel at the end of the 1st a. 64.88% b. 35.12% c. 72% d. none of these (3) Project how many percent will not be buying on your apparel at the end of the 7st a. none of these b. 72% c. 64.88% d. 39.46%
ANSWER THE FOLLOWING Problem 2 You are currently started expansion of your existing store which currently render 15% of the current market for infant clothing, your newly acquired store will have a projection of 13% market percentage addition as your customers. After series of advertisements and positive feedbacks from customers, 74% of those who were your customers remain and those other buyers (20% of them) which weren’t your customers became your customers. Project how many percent will be buying on your apparel at the end of the third month. a. 41.03% b. 61.03% c. 38.96% d. none of these (2) Project how many percent will not be buying on your apparel at the end of the 1st a. 64.88% b. 35.12% c. 72% d. none of these (3) Project how many percent will not be buying on your apparel at the end of the 7st a. none of these b. 72% c. 64.88% d. 39.46%
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
ANSWER THE FOLLOWING
Problem 2
You are currently started expansion of your existing store which currently render 15% of the current market for infant clothing, your newly acquired store will have a projection of 13% market percentage addition as your customers. After series of advertisements and positive feedbacks from customers, 74% of those who were your customers remain and those other buyers (20% of them) which weren’t your customers became your customers. Project how many percent will be buying on your apparel at the end of the third month.
a. 41.03%
b. 61.03%
c. 38.96%
d. none of these
(2) Project how many percent will not be buying on your apparel at the end of the 1st
a. 64.88%
b. 35.12%
c. 72%
d. none of these
(3) Project how many percent will not be buying on your apparel at the end of the 7st
a. none of these
b. 72%
c. 64.88%
d. 39.46%
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Advertising costs refer to the expenses involved in the process of creating marketing and promoting events or commercials for the products by a company.
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