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Answer:
D. credit Wages Payable for $2,880.
Explanation:
-First we calculate the cost per employee per day
$15 per hour * 8 hours/day = $120 per day per employee
-Then we calculate the daily cost in wages
8 employees x $120 = $960 per day
-Then we <em>accrue</em> wages until the end of the month (Monday, Tuesday and Wednesday)
Daily cost $960
Days worked till the month ends 3
Accrued expense $2,880
<em><u>Journal entry:
</u></em>
Debit Credit
Wages expense $2,880
Wages Payable $2,880
Answer:
$24
Explanation:
Calculation to determine What will the estimated intrinsic value of the Shoe Barn Inc.'s stock
Using this formula
Estimated intrinsic value = Earnings * P/E Ratio for the industry
Where,
EPS = $2
Industry P/E = 12
Let plug in the formula
Estimated intrinsic value= $2 * 12
Estimated intrinsic value= $24
Therefore the estimated intrinsic value of the Shoe Barn Inc.'s stock is $24
Percentage analysis, ratios, turnovers, and other measures of financial position and operating results are useful analytical measures.
Analytical measures are useful in assessing solvency and profitability of a business. Type of analytical measures used depends on; the size of the firm or business, the capital structure f the business, the type of business activity undertaken. They are useful for evaluating the financial results of a business and the performance of management. <span />
You have to make sure all debits and credits in the account are accounted for. if you are balancing your checkbook, then your bottom amount should match your bank statement
Answer: Micromarketing.
Explanation:
Micromarketing is applied by Land's end clothing company, where different tiny sections of a market are being targeted by the clothing designs and sizes produced. Micromarketing is form of marketing, where a smaller section of a large market is a company's target for sales.