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VARVARA [1.3K]
4 years ago
8

Supermarkets may use __________ on information collected at checkout to determine that beer and diapers are often purchased toge

ther, and they may act on this information to place those items near one another in stores.
Business
1 answer:
Ronch [10]4 years ago
5 0
Supermarkets or other retail stores may use information technology or data mining on checkout items to determine whether certain items are often purchased together. This will help the stores decide where to place the items in relation to each other. Many times beer will be purchased with diapers and the beer will be strategically placed near the children's diaper section but on the other side of the aisle. The stores may also just have an end cap of diapers placed on the end or middle of the aisle so it can be seen by the consumers. 
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At year-end (December 31), Chan Company estimates its bad debts as 0.30% of its annual credit sales of $779,000. Chan records it
ki77a [65]

Answer and Explanation:

The journal entries are as follows

On December 31

Bad debt expense Dr  $2,337     ($779,000 × 0.30%)

     To Allowance for doubtful debts  $2,337

(Being the estimated bad debt expense is recorded)      

For recording this we debited the bad debt expense as it increased the expenses and credited the allowance as it decreased the assets  

On Feb 01

Allowance for doubtful debts Dr $390

    To Account receivable $390

(Being the written off amount is recorded)

For recording this we debited the allowance as it increased the allowance and credited the account receivable as it decreased the assets

On June 5

Account receivable $390

     To Allowance for doubtful debts Dr $390

(Being the uncollected amount is recorded)

For recording this we debited the account receivable as it increased the assets and credited the allowance as it decreased the assets  

On June 5

Cash Dr $390

      To Account receivable $390

(Being the cash received on account is recorded)

For recording this we debited the cash as it increased the assets and credited the account receivable as it decreased the assets  

3 0
3 years ago
Management of the catering company would like the food division to transfer 10,000 cans of its final product to the restaurant d
slava [35]

Answer:

$35

Explanation:

Given:

Variable cost per unit = $35

Fixed cost per unit = $10

Sale price = $70

Computation:

Minimum Transfer price = $35

Company working on full capacity So, variable cost per unit is considered as the minimum transfer price.

3 0
3 years ago
Last year Swensen Corp. had sales of $303,225, operating costs of $267,500, and year-end assets of $195,000. The debt-to-total-a
kolbaska11 [484]

Answer:

The correct option is D

There is increase in ROE by 2.86%

d. 2.86%

EXPLANATION:

THIS IS THE COMPLETE QUESTION BELOW;

Last year Swensen Corp. had sales of $303,225, operating costs of $267,500, and year-end assets of $195,000. The debt-to-total-assets ratio was 27%, the interest rate on the debt was 8.2%, and the firm's tax rate was 37%. The new CFO wants to see how the ROE would have been affected if the firm had used a 45% debt ratio. Assume that sales and total assets would not be affected, and that the interest rate and tax rate would both remain constant. By how much would the ROE change in response to the change in the capital structure?

a. 2.08%

b. 2.32%

c. 2.57%

d. 2.86%

e. 3.14%

CHECK THE ATTACHMENT BELOW FOR DETAILED EXPLANATION

3 0
3 years ago
The product life cycle refers to the stages a product moves through from the time it enters the market until what time?
STatiana [176]

Answer:

Product life cycle refers to the stages a product moves through from the time it enters the market until the time it disappear.

Explanation:

The Product Life Cycle Stages is a model in economics and marketing. Products enter the market and gradually disappear again.

The product life cycle is separated into four different stages,

  • Introduction.
  • Growth.
  • Maturity.
  • Decline.

So,  in this case the correct answer is the product life cycle refers to the stages a product moves through from the time it enters the market until the time it disappear.

3 0
3 years ago
Fixed costs can be defined as costs that A. are incurred only when production is large enough. B. vary inversely with production
stepladder [879]

Answer:

The correct answer is  C. are incurred even if nothing is produced.

Explanation:

Fixed costs are the cost of an organization that don´t change with the amount of production.  So ,  if the production is 0,  this cost will exist anyway. For example:  taxes,  rental

Then,  Fixed costs can be defined as costs that  are incurred even if nothing is produced.

5 0
3 years ago
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