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4 years ago

Why are marketers intensely interested in capturing a larger share of teenage market

1 answer:

7 0

A Market is a place where buyers and sellers meet. There are various types of consumers in a market. for an example markets based on kids products, teenagers products, middle aged and elderly. capturing the teenage market is profitable as it is a market with a growing trend of various needs. it is a market with high demand compared to other customers.

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For each of the following accounts, identify whether that item is an asset, liability, or equity account. Account Classificati

Ulleksa [173]

Answer:

a. Bonds payable Liability account

b. Equipment Asset account

c. Accounts payable Liability account

d. Salaries payable Liability account

e. Common stock Equity account

f. Retained earnings Equity account

g. Cash Asset account

h. Accounts receivable Asset account

i. Sales revenue Equity account

j. Inventory Asset account

Explanation:

All the assets account is debit in nature, so the equipment, cash, account receivable and Inventory accounts are debit in nature and these are classified as asset.

All the account with credit nature is either classified as Liability or Equity accounts. Equity accounts are common stock, retained earning and sales revenue. Liabilities accounts are bond payable, account payable and salaries payable.

8 0

3 years ago

Linda's Luxury Travel (LLT) is considering the purchase of two Hummer limousines. Various information about the proposed investm

sammy [17]

Answer:

1) Accounting rate of return is 8.2%

2) Payback period is 5.95 years

3) Net present value (NPV) is ($88,643.26)

4) Option B

Explanation:

Initial Investment = $720,000 , Useful life = 10 years , Salvage Value = $100,000

Annual Net Income generated = $59,040 , Cost of capital = 14%

Depreciation = ($720,000 - $100,000) ÷ 10 = $62,000

Annual Cash flows = $59,040 + $62,000 = $121,040

1) Accounting rate of return = (Annual Net Income ÷ Average Investment) × 100

= (59,040 ÷ 720,000) × 100

= 8.2%

2. Payback Period = Initial Investment ÷ Annual Cashflows

= 720,000 ÷ 121,040

= 5.95 years.

3. PV of cash flows = 121,040 × PVAF(14% for 10 years)

= 121,040 × 5.2161

= $631,356.74

Less: PV of cash outflow = $720,000

Net present value (NPV) = (88,643.26)

4. If IRR = Discount rate, then NPV = 0

If IRR < Discount Rate, Then NPV is negative

If IRR > Discount Rate, Then NPV is positive

Here NPV is negative, so IRR is less than discount rate i.e.14%

5 0

4 years ago

A single bond with a face value of $1,000 has a stated annual interest rate of 7.6%. The last bond traded on this day was 98.45%

Drupady [299]

The cost of the bond at costing is $984.50.

A bond is a type of financial security in which the issuer (the debtor) owes the holder (the creditor) a debt and is obligated to repay the principal (i.e. amount borrowed) of the bond at the maturity date as well as interest (called the coupon) over a specified period of time, depending on the terms.
Interest is usually paid at regular intervals (semiannual, annual, and less often at other periods).
As a result, a bond is a type of loan or IOU.
Bonds provide the borrower with external funds to finance long-term investments or, in the case of government bonds, current expenditures.

To determine the cost of the bond at costing:

$1,000 is the face value.
Multiply this by the closing rate to find the cost of the bond at closing.
$1,000 × .9845 = $984.50

Therefore, the cost of the bond at costing is $984.50.

Know more about bonds here:

brainly.com/question/25965295

#SPJ4

7 0

2 years ago

What financial statements are used by business entities to report the financial position of the entity?

devlian [24]

A balance sheet is a financial statement that lists the accounts and balances of a business entity’s assets, liabilities and shareholders’ equity. A business entity reports such financial information in its balance sheet at the end of an accounting period, providing a snapshot of its financial condition at that point in time.

5 0

3 years ago

Read 2 more answers

A foreign company wants to purchase 2100 units at a special unit price of $25. The normal price per unit is $40. In addition, a

grigory [225]

Answer:

The missing information in the question is;

The variable manufacturing cost per unit is $22 (including direct material,labor and variable overheads)

Explanation:

Incremental sales 2,100*25 $52,500

Variable manufacturing cost 2100*22 ($46,200)

Stamping Machine for this order ($4,000)

Incremental income from accepting the order $2,300

6 0

4 years ago