Answer:
D. a group of buyers and sellers of a product and the arrangement by which they come together to trade.
Explanation:
The market is the place at which the buying and selling of goods and services are taken place. It could come via direct contact, indirect contact through agents or brokers.
It is a trading of goods and services where the seller can able to sell the products and the buyer can buy the products that satisfy its needs and wants so that he or she could get the maximum satisfaction after consuming the product
Answer:
Accounts payable would be 20.42% of the balance sheet , when preparing a vertical analysis.
Explanation:
In the question it is told that Ginger bread is doing a vertical analysis, where when we have to calculate the percentage of certain item of the balance sheet , we will use formula -
( Balance sheet item / Total liability ) x 100
Given information - Accounts payable = $245,000
Total liabilities = $1200,000
Putting these values in formula -
= $245,000 / $1200,000 X 100
= .20416 X 100
= 20.416
= 20.42% ( APPROXIMATELY )
Answer:
examine the alternatives
Explanation:
The marketing research determines how the company is going to determine the market. The segmentation process takes place in this stage. Thus, a series of alternatives are open and the marketing team must choose which ones are best fit for their goals.
Answer:
$5,000= ending inventory
Explanation:
Giving the following information:
Gross margin is normally 40% of sales.
Sales= $25,000
beginning inventory= $2,500
purchases= $17,500
First, we need to determine the cost of goods sold:
COGS= 25,000*0.6= 15,000
Now, using the following formula, we can calculate the ending inventory:
COGS= beginning inventory + cost of goods purchased - ending inventory
15,000= 2,500 + 17,500 - ending inventory
5,000= ending inventory
Troubleshooting means finding and fixing a problem ,hope this helps