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3 years ago

How quality perfomance of marketing can contribute a successful business

1 answer:

5 0

If a business focus is the development of a high-quality product, employee performance plays an important role in achieving that goal. Customers who purchase a product expect a quality product that meets their needs. Once customers find a company that provides the product they need, repeat business helps build a strong customer base. When loyal customers swap stories about the best products and services for their needs, and if the customers are extremely satisfied with the product, the business can increase as a result of word of mouth.

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Nash's trading post, llc issues 2000 shares of $10 par value common stock at $11 per share. when the transaction is recorded, cr

Natasha2012 [34]

Answer:

Credit common stock by 20,000

Credit additional paid in capital by 20,000

Explanation:

The par value of the share are $10 per share the number of shares are 2000 so initially we will credit common stock by (2000*10) = 20,000

Then we will credit the additional paid in capital by (11-10)*(2,000) =2000 as it is the additional money that we are getting on the par value.

4 0

3 years ago

A Disability Income policyowner suffers a disability which was due to the same cause as a previous disability. Both disabilities

Luba_88 [7]

Answer:

C) Recurrent Disability provision

Explanation:

The human body is a fantastic machine but sometimes when you have health problems they don't show up immediately.

For example you might get hit on the right side of your head severely and lose partial hearing from your right ear, but in a couple months you might notice that your short term memory has also been affected. Both disabilities were caused by the injury although one showed up before the other.

The insurance company has to provide the disability benefits without a new elimination period under the recurrent disability provision.

8 0

3 years ago

False Value Hardware began 2016 with a credit balance of $32,000 in the allowance for sales returns account. Sales and cash coll

gayaneshka [121]

Answer:

$607,000

Explanation:

False Value Hardware began 2016 with a credit balance of $32,000 in the allowance for sales returns account.

Sales and cash collections from customers during the year were $650,000 and $610,000, respectively.

False Value estimates that 6% of all sales will be returned.

During 2016, customers returned merchandise for credit of $28,000 to their accounts.

False Value's 2016 income statement would report net sales of:

The closing balance in the allowance for sales returns account will be: 32,000 opening balance + 6% 0f 650,000 - sales returns within the year of 28,000 = $43,000

Hence Net Sales will be 650,000 - 43,000 = $607,000

5 0

3 years ago

Kevin bought 265 shares of Intel stock on January 1, 2019, for $76 per share, with a brokerage fee of $165. Then, Kevin sells al

garri49 [273]

Answer:

$2800

Explanation:

To find the Gain or loss on the sell of shares we jus need to deduct cost of purchasing and brokerage fee from sale proceeds

12 DECEMBER 2019

Gain/loss = Sales proceeds- Total Cost to purchase - Cost to sell

Gain/loss= ($88 x 265) - $20,305 - $215

Gain/loss= $23,320 - $20,305 - $215

Gain/loss= $2800

WORKINGS

Purchase 1 Jan 2019

265shares x $76per share = $20,140

Total cost to purchase = $20,140 + $165(brokerage fee)

Total cost to purchase = $20,305

Cost to sell = $215(brokerage fee)

3 0

3 years ago

Outstanding stock of the West Corporation included 40,000 shares of $5 par common stock and 10,000 shares of 5%, $10 par non-cum

Kay [80]

Answer:

2017 preferred shareholders = $5,000

so correct option is $5,000

Explanation:

given data

Outstanding stock = 40,000 shares

common stock = $5

share = 10000 @ 5%

non-cumulative preferred stock = $10

2016 paid dividends = $4,000

2017 paid dividends = $20,000

to find out

2017 dividend was distributed to preferred shareholders

solution

we know here that preferred shares is 5%, $10 par, and there are 10,000 shares outstanding

so preferred shareholders is here

preferred shareholders = $10 × 5% × 10,000 = $5,000

and here $4,000 in dividends declared in 2016

so preferred shareholders received all of that and when preferred shared were cumulative

so in 2017 the preferred shareholders will be

2017 the preferred shareholders = $5,000 + ($5,000 - $4,000) = $6,000

but here when preferred shares are non cumulative

it means that the 2016 shortfall does not carry over to 2017

so in 2017 preferred shareholders receive just the normal amount that is

2017 preferred shareholders = $10 × 5% × 10,000

2017 preferred shareholders = $5,000

so correct option is $5,000

7 0

4 years ago