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3 years ago

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Tennot Inc. sells used cars. It focuses solely on low-income customers who prefer to buy a used car rather than a new one. There

fore, it develops one marketing mix that targets a low-income demographic group. In this scenario, Tennot Inc. most likely uses a(n) _____.

1 answer:

marta [7]3 years ago

4 0

Answer:

Concentrated targeting strategy

Explanation:

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The Kwok Company’s inventory balance on December 31, 2021, was $215,000 (based on a 12/31/2021 physical count) before considerin

Eduardwww [97]

Answer:

$274,000

Explanation:

As per the data given in the question,

Particulars Amount

Inventory balance before considering following items $215,000

Adjustments:

1) According to FOB destination, ownership passes to buyer at receipt of goods $-

2) According to FOB shipping point, ownership passes to buyer at the point of shipment $27,000

3) According to FOB destination, ownership passes to buyer at receipt of goods

$32,000

4) As goods received before period close, no adjustment is required $-

5) According to FOB shipment, ownership passes to buyer at receipt of shipment $-

Correct inventory amount to be reported in Kwok's 2021 balance sheet

= ( $215,000 + $27,000 + $32,000) = $274,000

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3 years ago

DiKsa [7]

Answer:

A. Partnership

Explanation:

Based on the description of this scenario it can be said that the best option for Mary would be a Partnership. This means that she will share ownership and profit with those involved but at the same time will also share the liabilities. This will make sure that the other tattoo artists will do their utmost best since they will have to deal with the consequences as well if they do not. Which in term protects Mary.

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3 years ago

Read 2 more answers

According to AU-C 315, Understanding the Entity and its Environment and Assessing the Risks of Material Misstatement, not all co

ankoles [38]

Answer:

The correct answer is B. Maintenance of control over unused checks.

Explanation:

Risk of material misstatement is the risk that the financial statements contain material misstatements prior to the performance of the audit. The risk comprises two components, described as follows, in the statements:

Inherent risk - Susceptibility of a statement about a type of transaction, accounting balance or other disclosure of information to a misstatement that could be material, either individually or in aggregate with other inaccuracies, before taking into account the possible corresponding controls.

Control risk - Risk that an error that could exist in a statement about a type of transaction, accounting balance or other information relief, and that could be material either individually or in aggregate with other inaccuracies, is not prevented, or detected and corrected in a timely manner, by the entity's internal control system.

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3 years ago

Understanding the legal ramifications what types of policies should organizations implement when using social media tools for re

Tasya [4]

Answer:

Social media is a vital tool for online recruitment in the large MNCs now-a-days.

Explanation:

In the recent, there is a trend of recruiting the new professionals through various online platforms and other social media tools.

With social media many legal consideration comes into account. The organizations while handling social media tools for recruitment has to look on various important points while posting their advertisement and collecting the data of the candidates online. There are severe legal ramifications on using social media in a wrong way, so organization have to be ethical while using them.

Firstly, they should respect the privacy of the social media communities.
Professionalism and rules of ethics should be applied.
They should respect the copyright laws.

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3 years ago

Today, money comes in many different forms. When you go to purchase something at a store, you pay money in the form of cash, a c

seropon [69]

Answer:

The Tulip Mania in Holland went to a economic collapse in the value of Tulip bulbs in 1637. Stating this, even though, it didn't affect the Dutch economy at the time, since the Dutch Republic was the leading economy in the 17th century. Stating this, if Holland was did not possess financial stability, the following potential problems might occur:

1. The entire Dutch Republic might go into a depression, making every form of consumable and necessities inflated and money invaluable.

2. Might lead to a higher rate of unemployment, consequently resulting in other harmful factors like death.

3. Lastly, stating all of this, it would push back development for the Dutch and slow down progression.

Explanation:

I tried my best :)

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3 years ago