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1 year ago

The market segment that is the focus of a firm’s marketing plan is the

Business

1 answer:

antiseptic1488 [7]1 year ago

7 0

The market segment that is the focus of a firm’s marketing plan is the market mix

<h3>What is marketing plan?</h3>

Markets plan includes all activity that is involved in achieving a certainly goal as regarding market.

marketing mix contains a market plan as it include all actions in marketing a product.

Therefore, The market segment that is the focus of a firm’s marketing plan is the market mix

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Cathrine Corporation acquired a machine for $26,000, and has recorded depreciation for 3 yearsusing the straight-line method ove

Gemiola [76]

Answer:

$2,000

Explanation:

Net book value at the end of the 3rd year=26,000-((26,000-2,000/6)*3)

=$14,000

Since the useful life of machine is now revised from the 6 years to 10 years, therefore the total remaining useful life of machine is now 7 years instead of 3 years and accordingly the depreciation from year 4 to year 10 shall be calculated as follows:

Depreciation per year from year 4 to year 10=*14,000-0)/7=$2,000

6 0

3 years ago

The usual stated political goal of rent control isGroup of answer choicesto conduct social engineering via economic rules.prices

Vaselesa [24]

Answer:

to assist the low income at a cost to society, in convenient, affordable housing.

Explanation:

Rent control can be defined as a process which typically involves keeping the cost of rent within a certain amount that is affordable for the citizens. Therefore, it ensures the amount of money spent as rent doesn't go above the chosen amount or grow at an increased rate.

Price control can be defined as standard restrictions or regulatory conditions that are typically set and enforced by the government of a country.

This ultimately implies that, price controls are used to impose the minimum and maximum prices set by the government, which are to be charged for various goods and services in the market. This minimum price that can be charged such as minimum wage is known as price floor while the maximum price that can be charged such as rent control is known as price ceiling.

Basically, rent control is considered to be a price ceiling.

Hence, the usual stated political goal of rent control is to assist the low income at a cost to society, in convenient, affordable housing.

4 0

3 years ago

Crane Company on January 1, 2018, granted stock options for 63000 shares of its $10 par value common stock to its key employees.

attashe74 [19]

The amount of compensation expense Crane should record for 2017 under the fair value method is $207000

<u>Solution:</u>

From the given,

Stock options for 63000 shares

$10 par value common stock

$25 per share and the option price was $20

Total compensation expense = $627000

On calculating we get,

$\Rightarrow\frac{627000}{3}= \$207,000$

We can conclude that there is $207,000 decrease. Therefore, the correct answer is option c.

3 0

3 years ago

g Declaring bankruptcy by the bond issuing firm ______ . a. has no impact on value of its bonds b. increases the value of its bo

Scilla [17]

Answer:

c. decreases the value of its bonds

Explanation:

There is a significant decrease in the value of the bond if the firm declares bankruptcy.

4 0

3 years ago

Depletion glacier mining co. acquired mineral rights for $494,000,000. the mineral deposit is estimated at 475,000,000 tons. dur

Snezhnost [94]

Answer:

1.04 per ton

$32,760,000

Dr. Depletion Expense $32,760,000

Cr. Accumulated Depletion $32,760,000

Explanation:

Depletion is an estimated cost of a natural resource that is extracted. This resource is expensed as the extraction is made.

As per given data

Value of Rights = $494,000,000

Estimated resources = 475,000,000 tons

Resources extracted in the period = 31,500,000 tons

Depletion expense is based on ratio of the amount of extraction in period to the total expected resource.

Depletion Rate = $494,000,000 / 475,000,000 tons = $1.04 per ton

Depletion Expenses = $1.04 x 31,500,000 tons = $32,760,000

Depletion Expense is recorded by the debit entry because the expenses has the debit nature and accumulated depletion is credited because it is an contra asset account which have credit nature.

8 0

3 years ago