Ignoring taxes, determine how much income Donahoo, described in Situation 1, earned during January. Prepare an income statement for the month. Recognize an interest expense of one percent for the month (12 percent annually) on the $500,000 long-term debt, which has not been paid but is owed.

To appeal to a new target market, the maker of hill's coffee has changed the product's package design, reformulated the coffee, begun advertising price discounts in women's magazines, and started distributing the product through gourmet coffee shops. what has been changed? a. the product's perceptual value. b.the product's 4ps. c. the method used in its target marketing. d. the ownership of the product line. e. the product's utility.