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mihalych1998 [28]
1 year ago
9

heywood yapinchme works in the it department at pain, inc. after finding out that the company is planning to purchase four more

computers for the accounting department, heywood bought four computers from a friend for $1,200. then, using his brother's name and address as vendor information, he resold the computers to pain for $2,300. this type of scheme is known as a(n):
Business
1 answer:
mash [69]1 year ago
6 0

Then, using his brother's name and dealing with seller records, he resold the computer systems to ache for $2, three hundred. this form of scheme is called a(n):d) Turnaround sale

A vendor, also known as a dealer, is an individual or business enterprise that sells goods or services to someone else within the economic manufacturing chain.

A business enterprise or a man or woman who sells a terrific or a carrier is a supplier. companies may promote to different companies, or they may be outlets that promote immediately to purchasers. An instance of a seller is a company that gives the stock to boutique apparel shops. Key takeaways. A vendor is a person or business that purchases goods and services from distributors and resells those gadgets to purchasers or different businesses. The 5 varieties of vendors are manufacturers, wholesalers, outlets, carrier and preservation vendors, impartial carriers, and alternate display representatives.

Learn more about vendor here:

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Which of the following is true of the BCG matrix approach. A) It is inexpensive to implement. B) It does not consider relative m
weeeeeb [17]

Answer:

D) It considers market growth rate to be a measure of market attractiveness

Explanation:

In 1970, Bruce D. Henderson developed and created a growth-share matrix for the Boston Consulting Group (BCG). The Boston Consulting Group (BCG) growth-share matrix is a tool used for analyzing and planning product lines in a business unit. It makes use of a graphical representation of a company's product line and services to analyze and make long-term strategic plans on which to invest more on or sell off.

Generally, products are divided into four (4) main categories in the BCG growth-share matrix;

1. Dogs.

2. Stars.

3. Question marks.

4. Cash cows.

The statement which is true of the Boston Consulting Group (BCG) matrix approach is that, it considers market growth rate to be a measure of market attractiveness.

Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research.

Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.

7 0
2 years ago
Santana Rey, owner of Business Solutions, realizes that she needs to begin accounting for bad debts expense. Assume that Busines
Anastasy [175]

Answer:

The Journal entries are as follows:

(a)

Bad Debt Expense A/c      Dr. $440

To Allowance for Doubtful Accounts     $440

(To record the bad debts)

Workings:

Bad Debt Expense = 1% of Total revenue

                                 = 0.01 × $44,000

                                 = $440

(b)

Bad Debt Expense A/c      Dr. $439.34

To Allowance for Doubtful Accounts     $439.34

(To record the bad debts)

Workings:

Bad Debt Expense = 2% of accounts receivable

                                 = 0.02 × $21,967

                                 = $439.34

4 0
3 years ago
Explain the importance of knowing dependent and independent demand models to companies.
ArbitrLikvidat [17]

The importance of knowing dependent and independent demand models to companies is that it is a way for one to be able:

  • To understand inventory.
  • Be able to depict the number of units of a specific product that the consumers are said to be willing to by at each price.

<h3>What is independent demand and dependent demand?</h3>

Independent demand is known to be the demand for a given finished product. It can be a machine, a car. etc.

The dependent demand is known to be the demand for a component area of a finished good, such as the wheels on a car.

Note that the Dependent demand is one that is obtained from the demand for a finished product.

Therefore, The importance of knowing dependent and independent demand models to companies is that it is a way for one to be able:

  • To understand inventory.
  • Be able to depict the number of units of a specific product that the consumers are said to be willing to by at each price.

Learn more about demand models from

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8 0
1 year ago
A client wishes to update their legacy system even though there have been no
maksim [4K]

If the client has not suffered any attacks, why is it still necessary to update their system because only businesses with older systems are targeted by attackers.

<h3>Why is it important to have a new security system?</h3>

Updates to systems, accounts, systems, and applications aren't just requested when there's a security breach on the system; in the case of apps or programs, the addition of new features and bug patches may prompt a developer update.

Thus, option A is correct.

For more details about important to have a new security system, click here:

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4 0
2 years ago
Morrow Inc. uses the percentage of credit sales method of estimating doubtful accounts. The Allowance for Doubtful Accounts has
Black_prince [1.1K]

Answer:

$9,400

Explanation:

The computation of ending balance in the Allowance for Doubtful Accounts account is shown below:-

The ending balance in the Allowance for Doubtful Accounts account = Net credit sales × Bad debt losses + Unadjusted credit balance

= $190,000 × 3% + $3,700

= $5,700 +$3,700

= $9,400

Therefore for computing the ending balance in the Allowance for Doubtful Accounts account we simply applied the above formula.

7 0
3 years ago
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