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Anna [14]
3 years ago
7

You're the Chief Marketing Officer of SalonCentric, a wholesaler of hair and beauty products sold to licensed beauticians and co

smeticians through brick-and-mortar stores across the United States. You want to increase revenue by expanding into another market category. What is your best option?
Business
1 answer:
Pani-rosa [81]3 years ago
6 0

Answer:

My best option would be to start producing hair dye which I can sell to companies that produce or manufacture hair color.

Explanation:

As a marketer, one of the ways by which you can generate revenue is by expanding your business into another market category.

While expanding a business into another market category it is very important to make sure the following are available.

a. There must be enough money to aid in the expansion of the business.

b. Your business has a consistent flow of customers that are loyal to your brand.

In the question above, a Chief Marketing Officer that sells hair and beauty products wants to expand her business. Her best option would be to start producing hair dye because she sells hair products already to licensed beauticians therefore

a. She has a steady flow of customers already.

b. Hair dye is an hair product as well therefore it would be quite easy to market and sell her product very well.

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Facial cosmetics provides plastic surgery primarily to hide the appearance of the appearance of unwanted scars and other blemish
Gala2k [10]

Answer:

1.Alllowance for uncollectible accounts 2,400

2.Dr Bad Debt Expense 2700

Cr Allowance for Doubtful Account 2700

3.Dr Allowance for Doubtful account 400

Cr Accounts receivable 400

4) Dr Cash 100

Cr Allowance for Doubtful account 100

Explanation:

Calculation of the allowance for uncollectible accounts

Using this formula

Alllowance for uncollectible accounts=(Not Yet Due)+(0-30 days past due)+(30-60 days past due)+(More than 60 days pst due)

Let plug in the formula

Alllowance for uncollectible accounts=

(30,000 *2% )+ (10,000* 5%) + (7,000* 10 %)+(3,000* 20% )

Alllowance for uncollectible accounts =600+500+700+600

Alllowance for uncollectible accounts = 2,400

2)Record of the he December 31, 2018 adjusting entry

300 debit balance+ 2,400

=2,700 Adjustment

Dr Bad Debt Expense 2,700

Cr Allowance for Doubtful Account 2 700

3) Journal entry to record the write off.

Dr Allowance for Doubtful account 400

Cr Accounts receivable 400

4) Journal entry to Record the cash collection

Dr Cash 100

Cr Allowance for Doubtful account 100

7 0
3 years ago
You are a rookie on traffic patrol. You watch as a young black man drives past you in a new silver Porsche. You estimate the car
dezoksy [38]

Answer:

Please see attachment.

Explanation:

Please see attachment.

Download pdf
5 0
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An economy increases the amount of physical capital per worker. At the same time, human capital per worker, the number of worker
snow_tiger [21]

Answer:

increase since his/her productivity will increase

Explanation:

An increase in physical capital generally increases worker productivity even if all the other factors of production remain the same. Physical capital includes machinery, buildings, computers, tools, etc., which make it easier for the workers to perform their tasks, therefore it increases their productivity.

E.g. a worker needs to deliver goods, and if he uses a delivery truck instead of a bicycle, he/she will be able to do it faster. That will allow the worker to make more deliveries per day ⇒ increase in the worker's productivity. The delivery truck represents the increase in physical capital.

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timama [110]

Answer: Upon realizing that they maintain business units that are not included in their results and generate a greater benefit, it could be indicated that Win Goods Inc should review their financial performance, because for some reason their separate business units are having a better market valuation. This study may indicate that they should consolidate their results so that the Group's shares are unified in the market.

5 0
3 years ago
When researching a specific employer, what information should you be looking for?
SashulF [63]

Answer:

When researching a specific job What information should you be looking for?

7 Things to Research Before Any Job Interview

The skills and experience the company values. ...

Key players of the organization. ...

3. News and recent events about the employer. ...

The company's culture, mission, and values. ...

Clients, products, and services. ...

The inside scoop. ...

The person interviewing you.

Explanation:

8 0
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