The three most frequent misconceptions are that net income equals cash, net income excludes estimates, and net income reports all changes in value that occurred during the accounting period.
One of the three crucial financial statements used to describe a company's financial performance throughout a certain accounting period is the income statement. The balance sheet and the cash flow statement are the other two important statements. The income statement, which is often referred to as the profit and loss (P&L) statement or the statement of revenue and expense, primarily focuses on the company's revenue and expenses over a specific time period. Understanding how to study an income statement is the greatest approach to evaluate a business and choose whether or not to invest.
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Answer: ART
Explanation:
Account receivable turnover(ART) = Sales revenue/Average Account Receivable
= $47,561/$19,595
= 2.427
Inventory Turnover(INVT) = Cost of sales/Inventory
= $32856/$16240
= 2.023
Property Plant and Equipment Turnover(PPET) = Sales/Property Plant and Equipment
= $47561/$19813
= 2.400
Therefore, the ratio that is highest is the account receivable turnover
Answer:
The correct answer is letter "A": research and validate marketing opportunity, identify business needs, segment total market, profile target customer segment, research and validate marketing opportunity.
Explanation:
In an attempt to expand their operations, companies must analyze the market where they are planning to handle businesses. For such a purpose, entities must use two important tools which are segmentation and targeting. Segmentation is the classification of the market that differentiates customers by different features such as age, gender or income.
Targeting refers to selecting a specific sector of the market to whom the product planned to be manufactured will be offered. The steps an organization should follow to conduct the segmentation and targeting correctly are:
- <em>Research and validate marketing opportunity (in the beginning)
</em>
- <em>Identify business needs
</em>
- <em>Segment total market
</em>
- <em>Profile target customer segment
</em>
- <em>Research and validate marketing opportunity (at the end)</em>
Answer:
Total revenue is the total amount of income that a firm obtains from selling goods or services. Average revenue is the average amount of income that a firm obtains for each unit of product , and marginal revenue is the extra amount of revenue that the firm obtains from the sale of one additional unit of product.
These three types of revenues have several relationships, for example, if total revenue increases more than total quantity, it means that marginal revenue is high. Another relationship is between marginal revenue and average revenue: when average revenue decreases, marginal revenue increases and viceversa.
<span>The
targeted information presented on blogs, such as Daily Kos and Power Line, is
an example of narrowcasting. Its objective is to deliver custom-tailored ads
based on demographic, psychographic and past buying patterns to potential
recipients who are predisposed to it. It is also an act of spreading an
advertising message or signal over a small geographical area or to a selected group
of audience. Narrowcasting done through direct mail, cable television, seminars,
specialized trade publications, and keyword-associated web advertising.</span>
