Answer:
Explanation:
provision For Doubtfull Accounts Yr.3
Opening Bal. = 3,750
For the Year (215000*2%) = 4300
Write-off = -2100
Closing Balance (3750+4300-2100) = 5950
Account Recievable For Yr.3
Opening Bal. = 61000
Sales For the Year (215000*2%) = 215000
Provision For the Year = -4300
Cash Recived from Debtors = 218000
Closing Balance = 53700
Net Realizable Value of Recievables
Closing Debtors = 53700
Closing Provision = -5650
Net Realizable Value = 47750
C) Collectible Amount
Provision For the Year = 4300
Previously writte of recoverred = -500
Total bad debts for the year = 3800
Answer:
A. A captive brand
Explanation:
-A captive brand is when a brand is produced by another party and owned by the retailer but there is no evidence of this and it is only sold by it.
-A complementary brand is when a brand is marketed together with another one to encourage the purchase of both.
-A cooperative brand is when a brand shares a promotion with another one.
-An exclusive brand is a brand that is produced by the retailer and it is sold using its name.
-A generic brand is when a product doesn't have a brand name and it has a lower price than the ones from well-known brands.
According to this, the answer is that the type of private label brand that carries no evidence of a retailer s affiliation, is manufactured by a third party, and is sold exclusively at the retailer is a captive brand.
Answer:
c. $44.44
Explanation:
For computing the maximum allowable deduction for amortization of organizational expenditures, first, we have to determine the per month deduction which is shown below:
= Organization expenditure incurred ÷ number of months
= $800 ÷ 180 months
= $4.44
Now for 10 months, it would be
= $4.44 × 10 months
= $44.44
The 10 months is calculated from March 1 to December 31. As we assume the books are closed on December 31
Answer:
C) consumers' willingness and ability to pay for goods and services.
Explanation:
In marketing, the demand factors are those factors that determine a consumer's ability and willingness to buy or consume a specific good or service.
There are six major demand factors that determine the demand of a good or service:
- Consumers' tastes and preferences
- Consumer income
- Changes in prices of substitute or complementary goods or services
- Advertisements
- Total number of consumers in a market
- Consumers' expectations about future prices
