Answer:
B) unsought goods
Explanation:
The selling concept -
The concept of selling tells that the consumers will not buy enough any product of any firm unless and until it undergoes some large - scale selling and promotional efforts .
This concept is used for unsought goods , the goods those which the buyers do not normally think of buying , example insurance .
Answer:
114
Explanation:
For computing the forecast value for the resulting year, we have to apply the formula which is shown below:
= Actual demand × alpha + forecast demand × ( 1- alpha)
= 90 × 0.2 + 120 × (1 - 0.2)
= 18 + 96
= 114
To compute the forecast value we have to deduct the alpha from the forecast demand and multiply the alpha with the actual demand
Noncontrolling interests are entitled to preference in dividends and payouts in liquidation is not a correct statement about noncontrolling interest.
Option B
<u>Explanation:
</u>
Non-controlling interest (NCI) is the part of the equity in a corporation not directly related to a parental company that has a controlling interest (above 50% but below 100%) and strengthens the financial results of the corporation with its own.
Suppose, for example, that Alpha acquires 80 percent of Sierra's outstanding stock. As Alpha controls over 50% of the Sierra region, Alpha consolidates the financial performance of Sierra that has its own financial results.
Alpha's balance sheet reports as NCI 20 percent of the Sierra equity which Alpha does not own. In proportion to their amounts of holding, the Incorporated Net Income is assigned to parental and non-controlling interest parties (minority shareholders); 80% to Alpha and, in this situation, 20% to un-controlling interest.
Answer: a. DN
Explanation:
The Minimum Acceptable Rate of Return (MARR) which is also known as the Hurdle Rate is the rate of return that will be earned by an investment to ensure that it will cover its cost.
This means that below the MARR, the project will bring in less than the costs it incurred. This is therefore not ideal.
The rate of return on each increment was less than the MARR of 17% which means that they are not profitable.
The company should not invest or rather Do Nothing.
Answer:
A chart of accounts is the list of the accounts in a given firm’s ledger.
Explanation:
Chart of accounts: It is a chart which shows different types of accounts in a firm ledger. The accounts like - Assets, liabilities, revenue, expense, and shareholder equity.. Mainly these are the accounts types or we can say chart of accounts which is shown in the firm ledger
In the balance sheet, the assets, liabilities, and stockholder equity is recorded. In this the accounting equation is used which is shown below:
Total assets = Total liabilities + stockholder equity
The debit and credit side of the balance sheet should always be equal and balanced. Moreover, it always is prepared on the specified date.
In the income statement, the total revenues and the total expenses are recorded. If the total revenues are more than the total expenditure then the company earns net income
. And, If the total revenues are less than the total expenditure then the company have a net loss
This net income or net loss would reflect in the statement of the retained earning account.
