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3 years ago

A firm organized on the basis of retail customers and wholesale customers utilizes the concept of departmentalization by

Business

1 answer:

lilavasa [31]3 years ago

3 0

Answer:

Customer

Explanation:

In customer departmentalization, departments are basically separated from each other based on the types or groups of customers that needs to be handled or dealt with. For instance, customers can be classified under types such as, bulk purchasing or wholesale customers, retail customers, etc.

To handle them in a better way each group of customers needs different tactics and strategies. Therefore, customer deparmentalization serves the purpose of the firm that is organized on the basis of retail customers and wholesame customers.

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Mustang Corporation had 100,000 shares of $2 par value common stock outstanding. On December 31, 2018, the company's board of di

Kay [80]

Answer:

The following journal entries are required on declaration date:

Dr Retained earnings ($10*20000) $200,000

Cr Common stock distributable dividend($2*20000) $40000

Cr Paid=in share capital in excess of par value of $2 $160000

While on distribution date the entries required are:

Dr Common stock distributable dividend $40000

Cr Common stock $40000

Explanation:

First of all, the stock dividend of 20% translates to 20000 shares (100000 shares *20%)

At the declaration date the following entries are required:

Dr Retained earnings ($10*20000) $200,000

Cr Common stock distributable dividend($2*20000) $40000

Cr Paid-in share capital in excess of par value of $2

($10-$2=$8*20000 shares) $160000

Upon distribution of the stock dividend, the stock dividend in dividends distributable account needs to be reclassified to common stock account as follows

Dr Common stock distributable dividend $40000

Cr Common stock $40000

8 0

3 years ago

The dry cleaning business can be characterized as a perfectly competitive industry because the costs of entry are low and there

algol13

Answer:

The correct answer is option (d)

Explanation:

From the given question which is described as follows:if the disposal of this pollutant is unregulated, then which of the following statements about the dry cleaning market are correct

The following statements are true if the negative externality or external has not been considered which would mean there is an overproduction at a price less or lesser than the true cost. This is to say that, the marginal social cost is greater than marginal private costs

Note: Kindly find an attached diagram that is apart of a solution to this question

8 0

3 years ago

Tara Westmont, the proprietor of Tiptoe Shoes, had annual revenues of $185,000, expenses of $103,700, and withdrew $18,000 from

navik [9.2K]

Answer:

Explanation:

The closing entry of the income summary account is shown below:

Income summary A/c Dr $81,300

To Retained Earning A/c $81,300

((Being the difference is credited to retained earning))

The retained earning balance is calculated by taking a difference between:

= Annual revenues - Expenditure

= $185,000 - $103,700

= $81,300

The income summary should always be closed after closing of revenue and expenditure account.

6 0

3 years ago

In the new communication environment, advertising is often the single most important element of a marketing communications progr

Delvig [45]

The given statement is True.

In this new communication environment, advertising is often the single most important element of a marketing communication program for sales and building brand and customer equity.

Explanation:

Advertising is an important part of Marketing. Advertising is basically a written, verbal, non verbal, visual, promotional message about the product or service by the company.

In this new world of communication, Advertising is very important, because without advertising, it is very difficult to attract customers and make the customer's base and build the brand image among them.

Advertising is done by companies through medium like, Television, Magazines, Billboards, Hoardings, Promotional Events, etc.

Learn more about Advertising at:

brainly.com/question/11698706

#LearnWithBrainly

4 0

3 years ago

Fixed costs Blank______. Multiple choice question. are only as fixed as production volume remain at the same level despite chang

zheka24 [161]

Answer: remain at the same level despite changes in production

Explanation:

4 0

2 years ago