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Anon25 [30]
3 years ago
15

In their battle for chocolate lovers, Godiva and Hershey's must divide the population into different categories of consumers, fo

r example, luxury versus cost-conscious, those looking for a quick energy boost versus those looking for a gift for a loved one.
a. True
b. False
Business
1 answer:
Veseljchak [2.6K]3 years ago
4 0

Answer:

a. True

Explanation:

Godiva is a well known chocolate shop and Hershey is renowned all over the world. To take over the market control both have divided consumers into different categories, e.g. luxury of buying chocolates versus cost-conscious who are willing to pay a subsequent amount only and those who are looking for quick energy boost so good labeling than those looking for a gift to loved ones so better outlook, although both have industries in the same market.

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On December 31, 2021, Larry's Used Cars had balances in Accounts Receivable and Allowance for Uncollectible Accounts of $64,000
Svet_ta [14]

Answer:

Bad debt expense                        6,500 debit

    Allowance for uncollectible account 6,500 credit

Explanation:

"determined that there should be an allowance for uncollectible accounts of $5,150 at December 31, 2022."

We need to recognize as much bad debt as it need to leave the allowance balance on our expected uncollectible account.

balance for allowance before adjsutment:

beginning - write-off = unadjusted allowance

1,250 - 2,600 = -1,350

expected balance - unadjusted balance = adjustment

                5,150      - (-1,350)                     =  6,500

Bad debt expense                        6,500 debit

    Allowance for uncollectible account 6,500 credit

5 0
2 years ago
Define private equity funds economics. ​
Bingel [31]

its like keeping the funds private and makeing sure no one knows alot about it

4 0
3 years ago
Consider a firm with a 2013 net income of $20 million, revenue of $60 million, and cost of goods sold of $25 million. If the bal
Nostrana [21]

Answer:

Weeks of supply = 4.16 weeks

Explanation:

given data

net income = $20 million

revenue = $60 million

cost of goods sold = $25 million

inventory = $2 million

property, plant, and equipment = $500,000

to find out

how many weeks of supply does the firm hold

solution

we know here that Weeks of supply will be express as

Weeks of supply = \frac{average inventory}{cost of goods sold} × 52 weeks          ....................................1

so put here value we get weeks of supply

Weeks of supply =  \frac{2}{25} × 52 weeks

Weeks of supply = 4.16 weeks

3 0
3 years ago
A company sells two products with information as follows: ​ A B Sales price per unit $12 $22 Variable cost per unit $10 $10The p
Tanya [424]

Answer:

Option (c) : $80,000

Explanation:

As per the data given in the question,

                                         A        B

Sales price                      $12     $22

Less: Variable cost         $10     $10

Contribution per unit      $2      $10

Time required in hours  0.25    0.50

Contribution per hour     $8      $20

Rank                                 2          1

Company should produce only product B to maximize the contribution.

Total contribution = $20 × 4,000

= $80,000

5 0
3 years ago
Determinants of market interest rates
ollegr [7]

Answer:

1. Real risk-free rate.

2. Nominal risk free-rate.

3. Inflation premium.

4. Liquidity risk premium.

5. Liquidity risk premium.

6. Maturity risk premium.

Explanation:

Market interest rates can be defined as the amount of interests (money) paid by an individual on deposits and other financial securities or investments. The factors that typically affect the market interest rate known as the determinant of market interest rates are;

1. This is the rate on short-term U.S. Treasury securities, assuming there is no inflation: Real risk-free rate r*

2. It is calculated by adding the inflation premium to r*: Nominal risk free rate.

3. This is the premium added to the real risk-free rate to compensate for a decrease in purchasing power over time: Inflation premium.

4. This is the premium added as a compensation for the risk that an investor will not get paid in full: Liquidity risk premium.

5. This premium is added when a security lacks marketability, because it cannot be bought and sold quickly without losing value: Liquidity risk premium.

6. This is the premium that reflects the risk associated with changes in interest rates for a long-term security: Maturity risk premium.

7 0
3 years ago
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