1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Zarrin [17]
3 years ago
8

Vitafluid, a health drink, is available at all supermarkets. After research, the marketing team of the branddiscovered that 90 p

ercent of its customers were people between the ages of 30 and 40.Only 10 percent of teenagers liked the drink; the rest disliked it because of its bitter flavor. To attract more teenagers, the brand made its packaging more appealing and modified the formula to make it sweeter. In this scenario, the teenage group can be referred to as a ________.​
Business
1 answer:
Vsevolod [243]3 years ago
5 0
In this scenario, the teenage group can be referred to as a minority.

The majority of people who like the drink are no teenagers. The majority of drinkers are 30-40.

You might be interested in
What costs are considered “relevant” and which are considered “irrelevant “to a business
Klio2033 [76]

Answer:

Relevant costs are costs that will be affected by a managerial decision. Irrelevant costs are those that will not change in the future when you make one decision versus another.

Explanation:Examples of irrelevant costs are sunk costs, committed costs, or overheads as these cannot be avoided.

4 0
3 years ago
Can be defined technically as a set of interrelated components that collect, process, store, and distribute information to suppo
lyudmila [28]
Information System (IS) is basically defined as a set or group of interrelated components that cluster, store, operate and disseminate information to backup and support conclusive decision making, and  establish system control. A composition of fixed principles acting as basic truths and can remain constant regardless of any situation.
4 0
2 years ago
Once an initial sale has been made by an outside​ salesperson, inside salespeople are often asked to​ ________.
Lapatulllka [165]

Answer:

provide ongoing customer​ support, service, and be alert for new sales opportunities

Explanation:

8 0
3 years ago
Based on what you have learned, why does the ITA believe that fair trade is important to US businesses and to the world?
Anastaziya [24]
T<span>he ITA believes that fair-trade policies allow countries to import and export freely, allowing consumers to save money. It will also create economic opportunities that will help to improve economies in other countries, which could contribute to solving global issues like poverty. To meet these goals, the ITA believes that trade barriers need to be eliminated.</span>
7 0
3 years ago
Read 2 more answers
Loban Company purchased four cars for $9,000 each and expects that they will be sold in 3 years for $1,500 each. The company use
VLD [36.1K]

Answer:

a). The journal entries required to record the acquisition of the four cars are as follows:

     i)  credit motor vehicle account with the amount paid to purchase the four cars = $ 36,000

     ii) Credit bank  account with the the amount paid to purchase the four cars = $ 36,000

b). The journal entries required to record the 1st year's depreciation expense :

     i)  Debit the motor vehicle expense account with the amount accruing for the periods expense =$ 10,000 .

     ii) Credit the accumulated depreciation with the same amount = $ 10,000 .

b)   The journal entries required to record the gain on disposal of the motor vehicle is as follows:

    i) Debit the Cash account by amount gained = $ 500 .

    ii) Debit the Accumulated depreciation account by amount = $ 500 .

     iii) Credit the Motor vehicle account by amount = $ 500 .

     iv) Credit the Gain on disposal account by amount = $ 500 .

Explanation:

<u>a).  Determining the depreciation expense</u>

<u>Step 1 </u>

Get the purchase price for all the four cars using the expression below;

Total purchase price=purchase price per car×number of cars purchased

where;

purchase price per car=$9,000

number of cars purchased=4

replacing;

Total purchase price=(9,000×4)=36,000

Total purchase price=$36,000

<u>Step 2 </u>

Determine the salvage value after the useful life as shown;

Salvage value=selling price per car×number of cars

where;

selling price per car=$1,500

number of cars=4

replacing;

Salvage value=(1,500×4)=6,000

Salvage value=$6,000

<u>Step 3 </u>

Determine the depreciation base as shown;

depreciation base=total purchase price-salvage value

where;

total purchase price=$36,000

salvage value=$6,000

replacing;

depreciation base=(36,000-6,000)=$30,000

annual depreciation cost=depreciation base/useful life

annual depreciation cost=30,000/3

annual depreciation cost=$10,000

The first year's depreciation expense=$10,000  

Therefore, expected journal entries are as follows:

    i)  credit motor vehicle account with the amount paid to purchase the four cars = $ 36,000

     ii) Credit bank  account with the the amount paid to purchase the four cars = $ 36,000

b). The journal entries required to record the 1st year's depreciation expense :

     i)  Debit the motor vehicle expense account with the amount accruing for the periods expense =$ 10,000 .

     ii) Credit the accumulated depreciation with the same amount = $ 10,000 .

b)<u>.  Determining whether car was sold at a loss or gain.</u>

Car book Value = Acquisition cost - Accumulated depreciation

Car book Value = 9,000 - 2,500 = $ 6,500

Loss /Gain =  Consideration price( disposal price)  - Acquisition cost

Loss /Gain = $7,000 - $6,500 = $ 500

The company realized a gain of = $ 500

Therefore, expected journal entries are as follows:

i) Debit the Cash account by amount gained = $ 500 .

ii) Debit the Accumulated depreciation account by amount = $ 500 .

iii) Credit the Motor vehicle account by amount = $ 500 .

iv) Credit the Gain on disposal account by amount = $ 500 .

7 0
3 years ago
Other questions:
  • 1. Cost-volume-profit analysis assumes all of the following EXCEPT:
    5·1 answer
  • Carl jung's view of extroverted and introverted types serves as a basis of the ________.
    11·1 answer
  • During periods of economic growth, consumers buy more goods and services. This causes businesses to produce _____ goods and serv
    5·2 answers
  • Bonnie Austin, age 30, used to work part time in a local restaurant. This year she quit her job to take care of her five-month-o
    7·1 answer
  • In which step of the production process are
    13·1 answer
  • An operation is located in a jurisdiction that allows it to hold TCS food without temperature control. How many hours can it dis
    9·1 answer
  • The two stocks in your portfolio, X and Y, have independent returns, so the correlation between them, rXY is zero. Your portfoli
    10·1 answer
  • The competitive test that a business plan must pass to attract financing from lenders and investors involves proving ________. G
    13·1 answer
  • Hey I was wondering if someone could make a study guide for my 7th grade final (I finished most of it.) I'll give lots of points
    10·2 answers
  • The recording of transactions and events is called:.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!