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HACTEHA [7]
4 years ago
10

Topik is a product that is sprayed on thinning hair and makes the hair appear thicker. The manufacturer considers its potential

market to be blue-collar workers who earn less than $30,000 per year, are divorced, and who like to think of themselves as weekend athletes. The manufacturer of Topik considers this group to be its:
(A) population
(B) sample
(C) target market(D) demand group(E) utility market(F) package group
Business
1 answer:
Alik [6]4 years ago
4 0

Answer:

(C) target market

Explanation:

The group of people for which a product is designed and aimed to is the product's target market. In this case, Topik is a product that aims to sell to blue-collar workers who earn less than $30,000 per year, are divorced, and who like to think of themselves as weekend athletes, which is the product's target market.

The answer is (C).

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Differentiate between cash-basis accounting and accrual-basis accounting. Why is accrual-basis accounting the preferred method f
Umnica [9.8K]

Answer:

Reason : To ensure constant flow of cash

Explanation:

<u>Accrual Basis of accounting</u> records transactions when they meet definition and recognition criteria of Assets, Liabilities,Equity, Expense and Incomes.

This is different from<u> cash-basis accounting</u> which records transactions at the receipt or payment of cash.

Because of <em>timing</em> difference, the cash transactions (cash basis) can happen a late than the day of recognition of the elements (accrual basis).

Hence Revenue services demand that income tax be calculated on accrual basis to ensure a constant flow of cash whenever an entity transact.

8 0
3 years ago
Atâ year-end, Snowâ, Inc. has cash of $ 15,000â, current accounts receivable of $ 30,000â, merchandise inventory of $ 40,200â, a
Eva8 [605]

Answer:

0.75 times

Explanation:

The formula and the calculation of acid test ratio is presented below

Acid test ratio = Quick assets ÷ total current liabilities  

where,  

Quick assets = Cash + current accounts receivable

= $15,000 + $30,000

= $45,000

And, the current liabilities is $60,000

So, the acid test ratio would be

= $45,000 ÷ $60,000

= 0.75 times

3 0
3 years ago
Becton Labs, Inc., produces various chemical compounds for industrial use. One compound, called Fludex, is prepared using an ela
8_murik_8 [283]

Answer:

1) Direct Materials

Price Variance = $138,474 (F)

Usage Variance = $82,800 (F)

2) Direct Labor

Direct Labor Price = $9,102  (F)

Direct Labor Usage = $4,800  (F)

Explanation:

Material Price Variance = ( Standard price - Actual price) * Actual Quantity purchased

                                      = ($20 - $5.30) *9,420

                                      = $138,474 (F)

Actual Price = $49,926/9,420 = $5.30

Material Usage Variance = ( Standard Quantity - Actual Quantity ) * Standard Price

                                         = ( 11,960 - 7,820 ) $20

                                        =$82,800 (F)

Standard Quantity = 2.60 *4,600 = 11,960

Actual Quantity used = 0+9,420-1,600 = 7,820

Direct Labor price Variance = ( Standard Rate - Actual Rate) * Actual Hours worked

                                             = ($16-$12.30) * 2,460

                                             = $9,102  (F)

Actual time = 61.50*40 = 2,460

Usage variance = ( Standard time - Actual time ) * Standard rate

                          = ( 2,760 - 2,460) $16

                         = $4,800  (F)

Standard time = 0.60 *4,600 = 2,760

3 0
3 years ago
"the public safety office at millennium college maintains a list of parking tickets issued to vehicles parked illegally on the c
aalyn [17]

Parking illegally on college grounds is an offense so there fore parking tickets should be maintained

5 0
3 years ago
A syndicate distributes shares in an IPO with an effective date of February 10. Corporate securities are delivered by the issuer
anzhelika [568]

Within 90 days after February 7. The 90-day clock begins on the syndicate settlement date, the date on which corporate securities of a public offering are delivered by the issuer to syndicate members. No later than the final settlement date, the syndicate manager must provide each underwriter with an itemized statement of all costs and allocations.

<h3><u>An IPO is what?</u></h3>

An initial public offering (IPO) denotes a company's "turning public," or change from private to public ownership.

An initial public offering is when a private firm offers its first equity to the general public (IPO). A company's ownership is essentially changing from private ownership to public ownership through an IPO. Because of this, the IPO procedure is occasionally referred to as "going public."

For businesses whose stocks are already traded publicly, there are additional forms of equity fresh issue offers outside IPOs, such as:

Continuation of the offering:

  • a corporation issuing more stock that is already traded publicly.
  • A follow-on offering dilutes a person's position since new shares are issued.

Secondary offering:

  • a registered sale of previously issued securities held by substantial investors, like a private equity firm or another institution.
  • Since the shares were already issued, a secondary offering has no dilutive effect on a customer's stake.

Learn more about IPO with the help of the given link:

brainly.com/question/14299897?referrer=searchResults

#SPJ4

3 0
2 years ago
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