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MakcuM [25]
4 years ago
15

Christie, a marketing executive who was born in 1955, advocated that her company focus on a print campaign for its new line of l

ipsticks rather than spending money on online ads. This point of view may be attributed to the fact that she is a member of which generational cohort?
A. Gen Y
B. Gen X
C. Baby Boomer
D. Gen Z
E. Millennials
Business
1 answer:
Gemiola [76]4 years ago
8 0

Answer:

The correct answer is the option C: Baby Boomer.

Explanation:

To begin with, the term<em> ''baby boomer''</em> refers to the demographic cohort regarding the generation of people born in the period called ''baby boom'', that occured in some  was after the Second World War and comprehends the years between 1946 until 1964. Moreover, the main characteristic of this period was that around 76 million babies were born in America and that an excessive consumerism began to spread.

To continue, the action that Christie advocates is very common to a person of the baby boom generation due to the fact that those people born and grew in times that there was no internet and therefore they tend to give no importance to the online ads and stuff like that.

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The finished goods inventory on hand on December 31, 2018 was 21,000 units. It is the company's policy to maintain a finished go
BigorU [14]

Question Completion:

Benet Company has budgeted the following unit sales for 2019 and 2020:

                        Quarter 1   Quarter 2   Quarter 3   Quarter 4   Quarter 1

Sales units       105,000       60,000       75,000      120,000      90,000

Answer:

Benet Company

Production Budget for 20198:

                               Quarter 1   Quarter 2  Quarter 3   Quarter 4

Sales units               105,000       60,000      75,000      120,000

Ending inventory       12,000        15,000      24,000        18,000

Units available for

sale                          117,000       75,000      99,000      138,000

Beginning inventory 21,000        12,000       15,000       24,000

Production               96,000       63,000       84,000      114,000

Explanation:

a) Data and Calculations:

Budgeted unit sales for 2019 and 2020:

                               Quarter 1   Quarter 2  Quarter 3   Quarter 4   Quarter 1

Sales units               105,000       60,000      75,000      120,000     90,000

Ending inventory       12,000        15,000      24,000        18,000

Units available for

sale                          117,000       75,000      99,000      138,000

Beginning inventory 21,000        12,000       15,000       24,000      18,000

Production               96,000       63,000       84,000      114,000

8 0
3 years ago
Tyrell Co. entered into the following transactions involving short-term liabilities. Year 1 Apr. 20 Purchased $38,000 of merchan
I am Lyosha [343]

Solution:

1) Maturity date        

                                             locust NBR fargo    

date of the note             19-May 8-Jul 28-Nov    

term of note                         90           120 60    

maturity date                     17-Aug   5-Nov 27-Jan    

2) interest due at maturity      

principal * Rate * time = interest  

locust 35,000 * 8% * 90/360 = 700  

NBR 63,000 * 11% * 120/360 = 2310  

Fargo 33,000 * 7% * 60/360 = 385  

3) Amount in adjusting entry      

33,000*7%*33/360        

= 211.75        

                                 principal * Rate * time = interest

interest to be acccrued 33,000 * 7% * 33/360 = 211.75

4) interest expense to be recorded in 2017      

198        

                                    principal * Rate * time = interest

interest to recorded in 2018 33,000 * 7% * 27/360 = 173.25

Journal entries        

Date Accounting titles & Explanations Debit Credit  

2016        

20-Apr          inventory    38,000    

                         Accounts payable    38,000  

19-May    Accounts payable   38,000    

                                cash               3,000  

                     notes payable    35,000  

8-Jul                 Cash    63,000    

                         notes payable              63,000  

17-Aug         notes payable   35,000    

                           interest expense               700    

                         cash     35,700  

5-Nov          notes payable   63,000    

                       interest expense                            2,310    

                       cash                                    65,310  

28-Nov            Cash    33,000    

                             notes payable              33,000  

31-Dec    interest expense   211.75    

                       interest payable            211.75  

2017        

27-Jan notes payable   33,000    

                  interest payable   211.75    

               interest expense   173.25    

                       cash                       33,385

4 0
3 years ago
After hearing a knock at your front door, you are surprised to see the Prize Patrol from a large, well-known magazine subscripti
konstantin123 [22]

Answer:

The requirement is to calculate the present value of each option:

$ 11.26   million

$11.5 million

$ 12.52 million

Explanation:

The present value formula in excel is very useful in this case:

=-pv(rate,nper,pmt,fv)

rate is the 14% interest rate to be earned per year

nper is duration of the payment

pmt is the amount of payment expected per year

fv is the is the future worth of the payment which is unknown

Option 1:

=-pv(14%,20,1.7,0)=$ 11.26   million

Option 2:

The amount receivable today is the present value i.e $11.5 million

option 3:

=-pv(14%,20,1.4,0)=$9.27   million

total =amount received today+$ 9.27  million=$3.25 million+$ 9.27  millon=$ 12.52 million

4 0
4 years ago
Greg, a supervisor, is known by his managers to be sharp in his decisions and has a good track record of meeting his goals. greg
professor190 [17]
The answer to this question is: Effective manager
in business, effectiveness refers to the ability for a person to make use of all resources that available to him/her in order to accomplish the goal.
This trait is considered as the most desired trait that most of the shareholders seek when they're choosing the leader for their company.

6 0
4 years ago
Ellen Co. has offered their customers a 1% discount off the amount owed if they pay within 15 days of receiving their bill. Hand
bogdanovich [222]

Answer:

Money send to Ellen = $2163.15

Explanation:

Discount offered by the Ellen Co. = 1%

Owed amount = $2185

Since the amount is repaid within 15 days to the offer of a 1% discount will be applicable. So the Handler will send an amount that is 1% less than the actual amount.

Money send to Ellen = 2185 - (1% x 2185)

Money send to Ellen = $2163.15

3 0
3 years ago
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