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Citrus2011 [14]
4 years ago
10

Mega Mart is a part of a business unit that has grown very slowly over the years. According to your local business newspaper, th

ey have a very low share in the grocery store industry. What can you conclude about this business unit?
(1 point)
• Mega Mart is a “star.”
• Mega Mart is a “cash cow.”
• Mega Mart is a “question mark.”
• Mega Mart is a “dog.”
Business
1 answer:
Bezzdna [24]4 years ago
7 0
The right answer for the question that is being asked and shown above is that: • • Mega Mart is a “dog.” A business unit is considered a dog is when the market growth rate is low and the relative market share is also low. 

Business unit that has grown very slowly.
They have a very low share.
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On February 15, Jewel Company buys 7,000 shares of Marcelo Corp. common stock at $28.53 per share. The stock is classified as a
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The journal entry to record the <em>sale of the 3,500 shares</em> of stock on November 17 is as follows:

Debit Cash $102,550

Credit Investment in Marcelo Corp $99,855

Credit Gain from Sale of Investment $2,695

Data and Calculations:

February 15: Investment in Marcelo Corp $199,710 Cash $199,710 ($28.53 x 7,000)

April 15 Cash $8,050 Dividends Receivable $8,050

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Thus, the journal entry to record the <em>sale of 3,500 shares</em> is a debit to Cash, a credit to Investment, and a credit to Gain from Sale of Investment.

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2 years ago
Neighbors have gotten into a quarrel over a big black walnut tree that sits on mr. jones' property. the tree's limbs extend over
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3 years ago
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8 0
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Management anticipates fixed costs of $72,500 and variable costs equal to 40% of sales. What will pretax income equal if sales a
satela [25.4K]

Answer:

Pretax income= $122,500

Explanation:

Giving the following information:

Fixed costs= $72,500

Variable costs equal to 40% of sales.

Sales= $325,000

<u>To calculate the pretax income, we need to use the following formula:</u>

Pretax income= contribution margin - fixed costs

Pretax income= 325,000*(1-0.4) - 72,500

Pretax income= $122,500

8 0
3 years ago
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