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1 year ago

__________ is company growth by identifying and developing new market segments for current company products.

1 answer:

4 0

Market development is company growth by identifying and developing new market segments for current company products.

A product is an object, system, or service offered for consumer use on demand. It is everything we can offer to the market to meet the wants and needs of our customers.

Goods are goods offered for sale. Products are services or items. It can be in physical or virtual or cyber form. All products are made at a price and sold at a price. The price charged varies by market, quality, marketing, and target segment.

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When an employee works in year 1 but is paid in year 2, the company must recognize an expense in years) ______.

Ivanshal [37]

When an employee works in year 1 but is paid in year 2, the company must recognize an expense in years 1 only.

An expense is the monetary value of tasks that an organization causes to create income. As the well-known saying goes, "it costs cash to bring in cash.

Normal expenses incorporate installments to providers, worker compensation, manufacturing plant leases, and hardware devaluation.

Organizations are permitted to discount charge deductible costs on their annual government forms to bring down their available pay and hence their assessment obligation.

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4 0

1 year ago

At its date of incorporation, Wilson, Inc. issued 100,000 shares of its $10 par common stock at $11 per share. During the curren

Alla [95]

Explanation:

The journal entry to record the re-issuance of the stock is shown below:

Cash A/c Dr $240,000 (20,000 shares × $12)

Retained earnings A/c Dr $80,000

To Treasury stock $320,000

(Being the re-issuance of the stock is recorded)

The computation is shown below:

For treasury stock

= 20,000 shares × ($16 per share - $12 per share)

= $80,000

So as we can see the retained earnings is decreased by $80,000

8 0

3 years ago

Which statement does not accurately describe a characteristic of cash value for whole life insurance?

otez555 [7]

If this question has the same list of choices as the ones posted before, the statement that does not accurately describe a characteristic of cash value for whole life insurance is:
"Policy that accumulates cash value is less expensive than a policy that does not accumulate cash value."

3 0

3 years ago

The adjusted trial balance of Warbocks Corporation at December 31, 2017 includes the following accounts: Retained Earnings $12,6

irina [24]

Answer:

Warbocks Corporation

Statement of retained earnings for the year ended December 31, 2017

Amount in $

Opening retained earnings 12,600

Net income for the year 7,000

Dividend (5,000)

Closing retained earnings  14,600

Explanation:

The retained earnings statement shows the movement in the retained earnings balance between the start and end of the year.

This includes the net earnings and dividend paid during the year.

Net income = $30,000 - $15,000 - $2,000 - $4,500 - $500 - $1,000

= $7,000

5 0

3 years ago

On December 31, 2020, Brisbane Company had 100,000 shares of common stock outstanding and 28,000 shares of 6%, $50 par, cumulati

Shalnov [3]

Answer:

basic earnings per share = $1.14

diluted earnings per share = $1.02

Explanation:

net income = $178,905

preferred stocks = 28,000 x 6% x $50 = $84,000

January 1, 100,000 shares outstanding x 12/12 = 100,000

February 28, purchased -22,000 treasury stocks x 10/12 = -18,333

September 30, sold 5,800 treasury stocks x 3/12 = 1,450

total weighted average stocks = 83,117

diluted stocks = [($48 - $38) / $48] x 48,000 = 10,000

basic earnings per share = (net income - preferred dividends) / weighted average stocks = ($178,905 - $84,000) / 83,117 stocks = $1.14

diluted earnings per share = (net income - preferred dividends) / (weighted average stocks + diluted stocks) = ($178,905 - $84,000) / (83,117 + 10,000 diluted stocks) = $1.02

3 0

3 years ago