Answer: b. Start selling the ShipShape using an online direct-from-manufacturer channel
Explanation:
Market penetration strategy is typically used by a company that wants to enter a new market. It is the sale of a product in a particular market.
Since the team has chosen the market penetration strategy, the option that should be recommended to YelloW would be to start selling the ShipShape using an online direct-from-manufacturer channel.
Answer:
a.
Date Account Title Debit Credit
XX-XX-XXX Accounts Receivable $12,040
Fees earned $12,040
b. No it would not have been.
If using the cash basis, the revenue would only be recognized when the cash is paid to the company. As the cash has not been paid, there would be no need to adjust for the revenue in the present period.
<span>Major health programs, such as Medicare and Medicaid and also Social security.</span>
Answer:
dividends payout ratio = total dividends / net income
- dividends payout ratio 2016 = $630 / $685 = 0.9197 = 91.97%
- dividends payout ratio 2017 = $335 / $605 = 0.5537 = 55.37%
return on equity = (net income - preferred dividends) / average equity
- return on equity 2016 = ($685 - $45) / $2,925 = 0.2188 = 21.88%
- return on equity 2017 = ($605 - $45) / $2,825 = 0.1982 = 19.82%