Answer and Explanation:
The adjusting entry is as follows:
Supplies expense Dr $2,200
To Supplies $2,200
(being the supplies expense is recorded)
Here the supplies expense is debited as it increased the expenses and credited the supplies as it decreased the assets
The computation is
= Opening supplies + purchased - closing supplies
= $1,500 + $2,900 - $2,200
= $2,200
Answer:
goodwill = $195,000
Explanation:
goodwill = offered purchase price - fair value of assets - fair value of patents = $5,100,000 - $4,600,000 - $305,000 = $195,000
Customer loyalty is part of a company's goodwill, so it will not be included in this calculation. Goodwill is the difference between the acquisition price of a company and the fair value of its assets.
Answer:
Place Mix
Explanation:
Blue Apron delivers to your front door all the ingredients and instructions for preparing full meals for two or four people for several occasions weekly. Delivery to your home would constitute place mix element of the marketing mix for Blue Apron.
Basically , Market mix have<em> four </em>elements they are -
1. <u>Product Mix </u>- It refers to all the decisions which are related to the product.
2.<u> Price Mix</u> - It refers to all the decisions which are related to the price of the product.
3.<u> Promotion Mix</u> - It refers to all the decisions which are related to the promotion or sale of the product.
4. <u>Place Mix</u> - It refers to all the decisions which are related to make the product deliver to the customer.
When the product is not deliver at the right time and at the right place to the customer ,then all other activities of the marketing mix will be of no use . <em>Place Mix is an important element of the Marketing Mix.</em>
Place Mix have two elements which have in distribution of the product they are -
1. <u>Channels of distributions</u> - It includes the people and the firm .
2. <u>Physical distributions</u> - It includes the transportation or warehouse.
Answer and Explanation:
The preparation of the multiple-step income statement is shown below:
Net Sales $2,415,700
Less: Cost of goods sold $1,314,300
Gross profit $1,101,400
Less: Operating expense -$736070
Operating income $365,330
Other revenue
Add: Interest revenue $31,590
Other expense
Interest expense $74,650
Loss on disposal of plant assets $18,990 $93,640 -$62,050
Net income $303,280
Answer:
Answered
Explanation:
Here Jenifer is looking for customers within this market that are most likely to respond favorably to the new brand.
Apparently, Jennifer is interested in, how to best segment the ready-made dinner market. As she interested in determining the market opportunity exists for the sales of a new brand of organic, gluton free line of ready made dinners.
