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3 years ago

What does market analysis include

Business

1 answer:

ki77a [65]3 years ago

8 0

Answer:

A market analysis is a quantitative and qualitative assessment of a market. It looks into the size of the market both in volume and in value, the various customer segments and buying patterns, the competition, and the economic environment in terms of barriers to entry and regulation.

Explanation:

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At the beginning of 2021, Angel Corporation began offering a two-year warranty on its products. The warranty program was expecte

BartSMP [9]

Answer:

$9.7 million

Explanation:

The amount of warranty expense on Angel's 2021 income statement = Net sales x 5%

= $194 million x 5%

= $9.7 million

Thus, the amount of warranty expense on Angel's 2021 income statement will be $9.7 million

7 0

4 years ago

Gamapro, a company that manufactures gaming devices, has launched a new gaming console along with a new set of games for the new

Lubov Fominskaja [6]

Answer: Generational gap or change

Explanation:

A generational gap also known as generational change is known as or referred to as the difference of thoughts and opinions in between generations , especially in regards to politics, beliefs, or the values. In today's era the usage of this term often or usually refers to the perceived gap in between the younger individuals and their parents or their grandparents.

5 0

4 years ago

On september 12, vander company sold merchandise in the amount of $7,600 to jepson company, with credit terms of 2/10, n/30. the

densk [106]

If Vander Company uses the periodic inventory system and the gross method of accounting for sales, the <u>journal entry</u> on September 12 is as follows:

<h3>Journal Entry:</h3>

September 12:

Debit Accounts Receivable $7,600

Credit Sales Revenue $7,600

To record the sale of goods with credit terms of 2/10, n/30.

<h3>What is a periodic inventory system?</h3>

A periodic inventory system does not record the cost of goods sold or maintain an inventory account for inventory transactions until the end of the period.

Under the periodic inventory system, the cost of goods sold is determined in the income statement as the beginning inventory + purchases - ending inventory.

Thus, there are no accounts for the cost of goods sold and inventory because inventory purchased is recorded in the purchases account instead of the inventory account.

<h3>Transaction Analysis:</h3>

Accounts Receivable $7,600 Sales Revenue $7,600

Terms 2/10, n/30.

Thus, if Vander Company uses the periodic inventory system and the gross method of accounting for sales, the <u>journal entry</u> is a <u>debit</u> to the Accounts Receivable account and a <u>credit</u> to the Sales Revenue account for the credit sales only.

Learn more about recording sales transactions at brainly.com/question/25347238

8 0

2 years ago

Furniture Company manufactures tables. It has two manufacturing departments: Department A and B. The company uses a budgeted ove

motikmotik

Answer:

The total cost of Job A is $29,044

Explanation:

The computation of the total cost is shown below:

= Direct materials used for Department A + Direct materials used for Department B + Direct manufacturing labor for Department A + Direct manufacturing labor for Department B + Applied overhead for Department A + Applied overhead for Department B

where,

Applied overhead for Department A = (Budgeted manufacturing overheads ÷ machine-hours) × Department A machine hours

= ($57,500 ÷ 4,000 machine-hours) × 800 machine-hours

= $11,500

Applied overhead for Department B = (Budgeted manufacturing overheads ÷ Direct labor hours) × Department B Direct labor hours

= ($62,500 ÷ 8,000 Direct labor hours) × 300 Direct labor hours

= $2,344

The other items values would remain the same

Now put these values to the above formula

So, the value would equal to

= $3,250 + $1,350 + $5,250 + $5,350 + $11,500 + $2,344

= $29,044

8 0

3 years ago

he net income of the Travis and Tucker partnership is $125,000. The partnership agreement specifies that profits and losses will

frosja888 [35]

Answer:

The balance of Tucker's Capital account at the end of the year after profits and losses have been distributed is <u>$412,500</u>

Explanation:

The capital account of a partner in a partnership is an account that shows the equity ownership of that particular partner in the partnership.

The capital of a partner in the partnership is increased by additional cash capital or asset contribution, salary, share of profit, etc., while the capital is reduced by drawing, interest on drawing, share of loss, and others.

The balance of Tucker's Capital account at the end of the year after profits and losses have been distributed can be calculated as follows:

Tucker's Capital account

<u>Particulars $ </u>

Beginning balance 325,000

Salary 150,000

Share of partnership loss (w.2) <u> (62,500) </u>

Ending balance <u> 412,500 </u>

Working:

1. Partnership profit (loss) to distribute = Net income - partners' salaries = $125,000 - $100,000 - $150,000 = ($125,000)

2. Share of profit (loss) = ($125,000) / 2 = ($62,500)

6 0

4 years ago