The product benefits to be highlighted in the marketing based on demographic characteristics are
- beneficial to particular age
- beneficial to particular working class
- beneficial to particular gender etc
<h3>What is the demographic segmentation?</h3>
In marketing, this refers to the segmenting of customers according to gender, age, ethnicity, family size, religion etc.
The use of demographic segmentation in marketing helps to provide the needs and want to consumers based on the demograph gathered from them.
Read more about demographic segmentation
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Answer:
$28,000
Explanation:
When closing inventory is understated during an year, it would lead to understated profits during the year i.e understated net income for the year 2018.
So, correct pre tax income for 2018 would be,
= reported pre tax income + the amount by which closing inventory was understated
= $25,000 + $2000 = $27000
Now, since the same closing inventory would become the opening inventory for 2019, this means, the opening inventory for 2019 was understated.
When opening inventory is understated, it would lead to inflated net income for the year 2019. Thus, the extent by which the inventory has been understated has to be reduced from the reported pre tax profits for the year 2019.
Hence, correct pre tax income for 2019 would be,
= $30,000 - $2000 = $28000
Answer:
Journal Entry
Cash = $2100
Interest Revenue = 100
Notes Receivable = $2000
Explanation:
We need to find the interest revenue:
$2000 X 0.10 = $200
The time interval from February to August is 6 months. Therefore we have;
Interest Revenue = $200 X (6 months/12 months) = 100.
Sanger's record on August 1 2018, would be:
Journal Entry
Cash = 2000 + 100 = $2100
Interest Revenue = 100
Notes Receivable = $2000
