If a sandwich chain, experiments with offering a free bag of chips with its sandwiches. This sandwich chain is in the <u>test marketing</u> stage.
<h3>What is test marketing?</h3>
Test marketing stage can be defined as the stage that is use to know how good or how bad a product is based on the response of the consumer that have use or tasted a product or based on the feedback received.
Most companies tend to make use of test marketing create product awareness or to build brand awareness and to know the reaction of potential customers.
Therefore This sandwich chain is in the <u>test marketing</u> stage.
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Answer: Investing activities
Explanation:
The appropriate section in the statement of cash flows for reporting the purchase of equipment for cash is referred to as the investing activities.
The operating activities has to do with the reporting of cash payment for wages. The financing activities has to do with reporting issuance cash for the common stock.
Answer:
Net Cash flow in year 4 $46,140<u>
</u>
Explanation:
Cash flow represent the amount of cash revenue less out of pocket cash expenditures. Non-cash related items are not included.
Year 4 cash flow ;
$
Operating cash flow $58,500
Working capital recouped 4,950
Scrap value 6,090
Tax payable (40%*58500) <u>(23400
)</u>
Net Cash flow <u> 46,140
</u>
The super display book is an electronic order routing and execution technology that sends orders directly to the specialist or DMM for execution rather than through the floor broker.
<h3>What is Super display book?</h3>
The super display book is an electronic order routing and execution technology that sends orders directly to the specialist or DMM for execution rather than through the floor broker. The system will provide an electronic confirmation of the execution to the submitting broker dealer if the order can be carried out right away.
The New York Stock Exchange used a unique tracking system called Display Book (NYSE). Market exchanges displayed, recorded, and carried out market orders using the Display Book. For each security they traded, experts on a NYSE-affiliated exchange used the Display Book.
The New York Stock Exchange is a U.S. stock exchange located in Lower Manhattan's Financial District. By market capitalization of its listed businesses, which was US$30.1 trillion as of February 2018, it is by far the largest stock exchange in the world.
The Super Display Book is the NYSE's computerized trading platform. In late 2009, this took the place of the earlier DOT (Designated Order Turnaround) method.
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Answer:
$3,000
Explanation:
Data provided in the question
Gain received while exchanged = $3,000
Received cash = $5,000
Based on the above information, the Cindy recognize the gain i.e $3,000 which is received while exchanged it
Therefore in the given case, the Cindy have to recognize the gain for $3,000
The cash amount received should be ignored
