All categories

3 years ago

Entrepreneurs should base their market assessments, production schedules, inventory policies, and personnel decisions on

1 answer:

4 0

It should be base on sales forecast because this will ensure or provide them sales in the future that they could estimate. This will help them to make business decisions for their company that will be of help for them to conclude the effect of these decisions. They are most likely using this forecast with the help of the assessment, policies or schedules in their business.

You might be interested in

Harris Company uses the allowance method of handling its credit losses. It estimates credit losses at one percent of credit sale

likoan [24]

Answer:

Dec.31 Bad Debts Expense 27000

December 31 Balance Sheet Accounts Receivable 392400

Explanation:

Harris Company

Credit Sales for the current year $2700,000

Credit Losses = 1% of $ 2700,000= $ 27000

Add Allowance for Doubtful Accounts $ 30600 Cr

Required Adjustments $ 57,600 Cr

General Journal

Date Description Debit Credit

Dec.31 Bad Debts Expense 27000

Allowance for Doubtful Accounts 27000

December 31 Balance Sheet.

Accounts Receivable $450,000

Less: Allowance for Doubtful Accounts $57,600 ( 27000+ 30,600)

Accounts Receivable 392400

6 0

3 years ago

Wildside Inc., a company that organizes wildlife tours, gives equal importance to customers and employees. The managers at Wilds

umka2103 [35]

Answer: Internal marketing

Explanation: Internal marketing is the process of facilitating a company's purposes or goals, commodities, and services to workers inside the company. It partakes to developed confidence and devotion among the workers also formulating an elevated amount of participation in the ultimate achievement of the company and encourages the development of the company's trademark public support or recommendation.

8 0

3 years ago

Read 2 more answers

What are capital gains on an investment?

docker41 [41]

<span>income that investors earn from buying and selling investments
</span>

3 0

3 years ago

Which of the following are good examples of objectives that a marketing manager might set for advertising?

a_sh-v [17]

Persuade potential clients to attempt a sample of the product. Emphasize that the product is more innovative than its rivals.

Promote the agency website as a way for customers to research more about the product.

<h3>What is a Marketing objective?</h3>

A announcement of what is to be accomplished through advertising activities.

<h3>What is the principal goal of advertising strategies?</h3>

The reason of a marketing design is to have a defined path to go to achieve new customers, support relationships with present day clients and clients, extend sales, enhance retention and expand company awareness.

Learn more about marketing objectives here:

<h3>brainly.com/question/25640993</h3><h3>#SPJ4</h3>

5 0

1 year ago

Blake eats two bags of generic potato chips each day. Blake's hourly wage increases from $ 9 to $ 15 , and he decides to stop ea

Tasya [4]

Answer:

The income elasticity of demand for generic potato chips=-4.00

Explanation:

Elasticity of demand can be defined as a measure of how responsive the demand for a certain good is when the price of that good or service changes. The elasticity of demand is usually negative. A negative elasticity of demand implies that the demand of a good or service reduces with an increase in price. The elasticity of demand can be measured using different methods. The mid-point method will be used in this case. The mid-point method of calculating elasticity of demand is as shown;

E=%Q/%P

where;

E=elasticity of demand

%Q=percentage change in quantity demanded

%P=percentage change in the price

And;

%Q=[(Final quantity-Initial quantity)/{(Final quantity+Initial quantity)÷2}]×100

Final quantity=0

Initial quantity=2

replacing;

[(0-2)/{(0+2)÷2}]×100=(-2/1)×100=-200%

%P=[(Final price-Initial price)/{(Final price+initial price)÷2}]×100

%P=[(15-9)/{(15+9)÷2}]×100=(6/12)×100=50%

E=%Q/%P

replace for %Q and %P

E=-200%/50%

E=-4

The income elasticity of demand for generic potato chips=-4.00

5 0

3 years ago