Answer: target
Explanation:
A target market are the group of customers which a business or a company directs the resources and its marketing efforts towards.
From the question above, since Millennials who patronize restaurants and other out-of-home food purveyors have become increasingly health- and nutrition-conscious, the strategy used by many fast food companies to improve the nutritional profile of their menus by adding items such as salads, fresh fruit, and plant-based meat substitutes is intended primarily to target millennial customers.
The fast food companies are aware that by adding items such as salads, fresh fruit, and plant-based meat substitutes, this may convince Millennial customers to try them out.
Therefore, the answer is option d"targets".
Answer: B. Sales returns and allowances
Explanation:
Accounts receivable is not closed out because people will still be owning at year end. Prepaid Insurance is an unrecognized payment for an expense in another period so it is not closed out either.
Land is a fixed asset so it is not closed and Accumulated depreciation will be left open to keep depreciating assets.
Only account that will be closed is the Sales returns and Allowances account as these are periodic entries and so should be closed out in the period.
Answer:
a. Issued for Cash = ($312,000 * 12/12) + ($29,700 * 8/12)
= $312,000 + $19,800
= $331,800
b. Issued in a stock dividend: Shares issued in the stock dividend are assumed outstanding from the beginning of the year
= ($312,000 * 12/12) + ($29,700 * 12/12)
= $312,000 + $29,700
= $341,700
Answer: See explanation
Explanation:
1. Prepare the March 1 entry for LGE.
Debit: Account payable - Tyson = $6000
Credit: Cash = $1400
Credit: Note payable = $4600
.(2) Prepare the September 27 entry for LGE when it pays the note and interest to Tyson.
Debit: Notes Payable = $4600
Debit: Interest expense = ($4600 × 8/100 × 180/360) = $184
Credit: Cash = $4784
