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3 years ago

Marketers who design and offer new products and services to their existing customers are pursuing a _________ growth strategy.

1 answer:

5 0

The correct answer is product development growth strategy. A product development growth strategy focuses or making a new product in which it takes the existing business out of its environment in order for a new product built is developed for its benefit.

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Searcy has accounts receivable of $700,000 and an allowance for doubtful accounts of $54,000. On January 24, 2020, it is learned

raketka [301]

Answer:

d. Credit to Accounts Receivable.

Explanation:

Hutley Inc. is not going to pay the $8,000 to Searcy, therefore Searcy will make the following entry to write off the balance from Account Receivables.

Debit: Allowance for Doubtful Accounts $8,000

Credit: Accounts Receivables $8,000

To write-off Hutley Inc. receivables.

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3 years ago

When Carlos Bustamante received the Alumni of the Year award at his alma mater's annual award dinner, he gave a speech thanking

Angelina_Jolie [31]

Answer: Option B

Explanation: In simple words, acceptance speech refers to the speech that is made by an individual generally after receiving award or similar honor as such.

In such a speech the receiving party shows gratitude and tries to connect with their audience by showing sentiments and proud of receiving the award. These speeches are usually very brief and to the point but sometimes an extension is made by the deceiving party, stating some past events or making motivational statements to the audience.

In the given case, Carlos revived the award and thanked the school authority. Hence from the above we can conclude that the correct option is B.

7 0

2 years ago

For an automobile company, the total overhead applied was $48,000,000 at the end of the year. Actual overhead was $52,850,000. C

ICE Princess25 [194]

Answer:

Net income decreased by $4,850,000.

Explanation:

Given total overhead applied = $48000000

The actual overhead = $52850000

Over/under Applied overhead = total overhead applied - Actual overhead at the end of the year.

Over / under Applied overhead = 48000000-52850000

Over / under Applied overhead = -$4850000

From the calculation, it can be seen that the overhead is underapplied therefore when under applied overhead allocated to cost of goods sold then cost of goods sold decreased by $4850000.

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3 years ago

What is the purpose of the FASFA4CASTER

4vir4ik [10]

The FAFSA4caster is a free tool which provides an early estimate of your federal student aid eligibility. It analyzes your household income and assets to determine your expected family contribution or EFC.

6 0

2 years ago

In September 2017, Gaertner Corp. commits to selling 150 of its iPhone-compatible docking stations to Better Buy Co. for $15,000

Liono4ka [1.6K]

Answer:

Journal Entries

Dr. Cost of Station supply...($54 x 90 stations)....$4,860

Cr. Inventory of station supplies..........................................$4,860

Dr. Cash...........................................................................$9000

Cr. Supply of Stations.....($100 x 90).....................................$9,000

Explanation:

(a)

Prepare the journal entry for Gaertner for the sale of the first 90 stations. The cost of each station is $54.

Journal Entries

Dr. Cost of Station supply...($54 x 90 stations)....$4,860

Cr. Inventory of station supplies..........................................$4,860

Dr. Cash...........................................................................$9000

Cr. Supply of Stations.....($100 x 90).....................................$9,000

(b)

Prepare the journal entry for the sale of 10 more stations after the contract modification, assuming that the price for the additional stations reflects the standalone selling price at the time of the contract modification. In addition, the additional stations are distinct from the original products as Gaertner regularly sells the products separately.

<u>Journal Entries</u>

Dr. Cost of Station supply...($54 x 10 stations)....$540

Cr. Inventory of station supplies...................................... $540

Dr. Cash.........................................................................$950

Cr. Supply of Stations.....($95 x 10)....................................$950

(c)

Prepare the journal entry for the sale of 10 more stations (as in (b)), assuming that the pricing for the additional products does not reflect the standalone selling price of the additional products and the prospective method is used.

<u>Journal Entries</u>

Dr. Cost of Station supply...($54 x 10 stations)....$540

Cr. Inventory of station supplies........................................ $540

Dr. Cash.......................($95 x 10)...............................$950

Dr. Supply discount..($5 x 10 stations).....................$50

Cr. Supply of Stations.....($100 x 10)....................................$1000

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2 years ago