Answer:
The correct answer is the third option: Is the product already offered by competing firms?
Explanation:
To begin with, if the a company is looking forward to measure the success of a new product by asking three fundamental questions then the most important ones are those that implicates the satisfaction of the consumers and of the managers that work in the financial area due to the fact that they are the ones who make all the calculates and decide in what to invest, therefore that the success of the product will be achieved if it satisfies the technical requirements of the clients, if it is consider viable and valuable and if the sales were good enough to satify the producer's financial requirements.
Answer:
Ritualism
Explanation:
In this passage the term being mentioned is called Ritualism. This is a concept of Merton's Strain theory of deviance, that refers to the daily rituals that individuals experience every day throughout their lives even though they may not accept the values that are part of those daily tasks. This can be seen in students, as they go to school daily, not to get rich, but to be able to obtain and keep a job in order to survive.
Answer:
Potato Company
Balance in Allowance for Doubtful Accounts is $575 (Credit).
Explanation:
We can use a T-account for the Allowance for Doubtful Accounts to determine the balance:
Allowance for Doubtful Accounts
a. Accounts Receivable $668 Beginning Balance $494
Ending Balance <u>$575</u> b. Bad Debt Expense <u>$749</u>
<u>$1,243</u> <u>$1,243</u>
Ending Balance $575
The allowance for doubtful accounts is a contra account to the Accounts Receivable account. Its purpose to provide some estimation of the uncollectibles as a way of managing the credit risk involved in trade sales.
The AAA payed farmers to reduce their production in order to raise prices.
It basically means that, if you are a shareholder of a certain business, you are only a liability up to the extent where your shares hold you to