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3 years ago

A fourminusfirm concentration ratio measures

1 answer:

6 0

A four-firm concentration ratio measures the fraction of an industry's sales accounted for by the four largest firms. A four-firm concentration ratio compares different companies within the same market and the type of control they have over it. The control is in relation and indication of an oligopoly that the companies create together.

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n 2018, Warehouse 13 had net credit sales of $750,000. On January 1, 2018, Allowance for Doubtful Accounts had a credit balance

Finger [1]

Answer:

$28,000

Explanation:

When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.

To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.

Given that Past experience indicates that the allowance should be 10% of the balance in receivables

Allowance = 10% * $150,000

= $15,000

Since during 2018, $29,000 of uncollectible accounts receivable were written off

Balance in allowance account before adjustment

= $29,000 - $16,000

= $13,000 (Debit)

Required adjustment for Doubtful Accounts at December 31, 2018

= $13,000 + $15,000

= $28,000

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3 years ago

Marketing strategy addresses a specific target market with a cohesive marketing mix of:

Viktor [21]

Answer:

A) Product, price, place, promotion

Explanation:

The 4 Ps of marketing are:

product: what good or service is our company selling and what need will it satisfy.
price: the actual amount that the company expects that final customers will pay for the product, if the price is too high, the sales volume can be small, but if the price is too low, the profits can b too low also
place: how and where will the product be provided to the customer, e.g. physical stores, online
promotion: include marketing strategies and techniques carried out to communicate the existence and the qualities of our product to potential customers, they include advertisement, sales promotions, public relations

5 0

3 years ago

Kokomochi is considering the launch of an advertising campaign for its latest dessert product, the Mini Mochi Munch. Kokomochi

garri49 [273]

Answer:

The incremental earnings are $0.4251

Explanation:

All those costs that are incremental costs that arise on the following principal:

"If we take decision, there is a cost and

If there is no decision, there is no cost."

This means that:

Incremental cost = Cash flow due to taking decisions less Cash flows due to not taking decisions

Incremental Earnings Forecast ($ million) ($ million)

Gross Profit of Mini Mochi Munch

Year 1 10.1 * 34% 3.434

Year 2 8.1 * 34% 2.754 6.188

Gross Profit of Other products

Year 1 2.1 * 23% 0.483

Year 2 2.1 * 23% 0.483 0.966

Advertising cost (6.5)

Net Operating Cash Flow 0.654

Tax at the rate 35% (0.2289)

Net Cash flow 0.4251

6 0

4 years ago

How krdia you have seen/used/participate in has depicted canada and how it has shaped your understanding and knowledge of the co

Akimi4 [234]

Answer:

no idea hhahahahahahahahahahahahahaha

7 0

4 years ago

An analysis procedure that uses percentages to compare each of the parts of an individual statemtns to a key dollar amount from

nydimaria [60]

Answer:

C) Vertical analysis.

Explanation:

Under the vertical analysis of financial statement, there is no a comparison with any past year performance as that is done in horizontal analysis.

Basically the first item that is sales revenue is marked as an 100% item, in this analysis, and all other cost items are shown as a percentage of this sales total value.

Everything shows the relation of sales value and that particular item. This helps in assessing which part of cost consumes the maximum revenue.

8 0

3 years ago