Answer:
(A)
cash 3,100,000
bonds payable 3,100,000
(B)
interest expense 155,000
interest payable 155,000
(C)
interest payable 155,000
cash 155,000
Explanation:
(A) the bonds were issued at par value so no discount or premium should be aknowledge
(B) 3,100 bonds x 1,000 face value x 5% interest = 155,000 interest expense
this interest expense is not paid at dec 31th so it is interest payable
(C) write-off the payable and the decrease in cash for the amount paid.
Answer:
$24,779
Explanation:
In order to calculating the ending inventory using the conventional retail inventory method. we required to do the following computations which are shown below:
Using cost method
Goods available for sale:
= Beginning inventory + Purchases
= $11,700 + $130,016
= $141,716
Using retail method
Ending inventory
= Beginning inventory + Purchases + Net markups - Net markdowns - sales revenue
= $19,700 + $169,800 + $101,00 - $6,800 - $157,900
= $34,900
Now
Cost to retail ratio = $141,716 ÷ ($19,700 + $169,800 + $101,00)
= $141,716 ÷ $199,600
= 0.71
So,
Estimated ending inventory at cost:
= Estimated ending inventory at retail × Cost to retail ratio
= $34,900 × 0.71
= $24,779
Of the five steps to the strategic marketing planning process, which step usually comes in the middle of the process "identifying and assessing possibilities."
<h3>What is strategic marketing planning?</h3>
Strategic Market Planning is a continuous process by which a company develops marketing strategies and plans their implementation in a target market.
Some key features regarding the strategic marketing planning are-
- The process, which takes into account the company's current position, aids in identifying and evaluating promotional opportunities.
- Comprehensive research is used to identify the target market.
- Marketing is a complex process that cannot usually be planned in a short period of time.
- Strategic market planning encompasses numerous parameters to plan based on the target market and takes a long-term and short-term view of the market.
- Strategic market planning can be used to achieve a variety of marketing goals such as increasing market share, launching new products, conducting market research, and so on.
To know more about the strategic marketing planning, here
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Answer:
The correct answer is Transitional Matrix.
Explanation:
In mathematics, a stochastic matrix (also called probability matrix, transition matrix, substitution matrix or Markov matrix) is a matrix used to describe the transitions in a Markov chain. It has found use in probability theory, statistics and linear algebra, as well as computer science. There are several definitions and types of stochastic matrix:
- A right stochastic matrix is a square matrix each of whose rows is formed by non-negative real numbers, adding each row 1.
- A left stochastic matrix is a square matrix each of whose columns is formed by non-negative real numbers, adding each column 1.
- A double stochastic matrix is a square matrix where all values are positive, plus all rows and columns add up to 1.
In the same way, a stochastic vector can be defined as a vector whose elements are formed by positive real numbers that add up to 1. Thus, each row (or column) of a stochastic matrix is a probability vector, also called stochastic vectors.
Because the consumers are losing jobs, which leads to less purchases. Hope this helps!