Answer:
In order to get maximum returns from this investment, Howard Schultz should do the following-
a) Design the product of La Boulange so that they are included in the menu of starbucks so that people preferring to have La Boulange products can also be included in the customer base of starbucks.
b) La Boulange itself has a brand identity and was quite popular among people, hence instead of dissolving its identity, individual outlets must be run under the brand starbucks to maximize the annual turnover.
Explanation:
In order to get maximum returns from this investment, Howard Schultz should do the following-
a) Design the product of La Boulange so that they are included in the menu of starbucks so that people preferring to have La Boulange products can also be included in the customer base of starbucks.
b) La Boulange itself has a brand identity and was quite popular among people, hence instead of dissolving its identity, individual outlets must be run under the brand starbucks to maximize the annual turnover.
Answer:
The net realizable value of accounts receivable immediately after the write-off is $33,400
Explanation:
Net realizable value of accounts receivable is the Amount that the Company expects to receive from its Account Receivables after accounting for Debts Written Off and Allowances for Doubtful debts
<u>Net realizable value of accounts receivable:</u>
Accounts Receivable $37,000
<em>Less</em> Uncollectible accounts written-off ($800)
<em>Less</em> Allowance for Doubtful Accounts ($2,800)
Net realizable value of accounts receivable $33,400
Answer:
The correct answer is A) Asset and liability approach
Explanation:
Under current generally accepted accounting principles, which approach is used to determine income tax expense? Asset and liability approach
The asset and liability approach is used to clarify the amount of income tax expense after the number of deferred tax assets and liabilities have been determined.
P=present value
F=future value=500
n=number of years=2
i=annual interest rate=3%
We have
F=P(1+i)^n
=>
P=F/(1+i)^n
=500/(1.03^2)
= 471.30 to the nearest cent