Answer:
See below
Explanation:
Chesner Co.
Bank reconciliation statement
a.
Cash balance according to bank statement
$20,300
Add:
Deposit in transit on July 31
$7,200
Deduct:
Outstanding checks
($3,585)
Balance
$3,615
Adjusted balance
$23,915
Cash balance according to company's record
$11,100
Add:
Error in recording check no
1056 as $950 instead of $590
$360
Note for $12,000 collected by bank including interest
$12,480
Deduct:
Bank service charge
($25)
Balance
$12,815
Adjusted balance
$23,915
b. The amount that should be reported as cash if a balance sheet were prepared for Chesner Co. on July 31, 2016 is $23,915
Answer:
a. Best Buy decided to bring in Hubert Joly as CEO to replace Brian Dunn.
Explanation:
The replacement of Brian Dunn with Hubert Joly was one of the good decisions Best Buy made.
Hubert Joly believed in employee empowerment at all levels, giving them freedom to be innovative in achieving goals. This led to better customer interactions.
He implemented a price-match policy and invested in improving customer experience online and in stores.
Answer: (A) Benefit segmentation
Explanation:
The benefit segmentation is one of the type of market segmentation process in which the the market is divided into the different types of group on the basis perceived values and the similar benefits of the products.
We can also divide or segmentation the market on the following basis that are as follows:
- Customer service
- On the basis of quality
- Performance
- Features
According to the given question, the Fast food is one o the type of company which uses the business strategy by dividing the market for the purpose of increases the productivity and growth of the company by using the benefit segmentation process.
Therefore, Option (A) is correct answer.
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