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Klio2033 [76]
3 years ago
6

The main difference between companies following a broad low-cost strategy and those following a focus low-cost strategy is in th

e: a. industry life-cycle stage. b. age of the market. c. standardized market price. d. degree of market segmentation. e. market trajectory.
Business
1 answer:
docker41 [41]3 years ago
6 0

Answer:

The correct answer is letter "D": degree of market segmentation.

Explanation:

Low-cost strategies consist of manufacturing products at the lowest cost and offering them to relatively lower prices than competitors attracting consumers' attention massively. A broad low-cost strategy implies reducing costs and increasing the market segmentation so more products are sold. A focus low-cost strategy refers to conducting a market segmentation but focusing on selling a lower-cost product specialized for one or a few sectors of the market.

Thus, <em>the difference between the broad and focus low-cost strategy relies on their market segmentation.</em>

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When accounting for revenue over time for a long-term contract, the percentage of completion used to recognize revenue in the fi
vladimir2022 [97]

Answer:

When accounting for revenue over time for a long-term contract, the percentage of completion used to recognize revenue in the first year usually is determined by measuring Costs incurred in the first year, divided by estimated total costs for the completed project

Explanation:

The percentage of completion method of revenue recognition is a concept in accounting that refers to a method by which a business recognizes revenue on an ongoing basis depending on the stages of a project’s completion.

In other words, the percentage of completion method is used for longer-term projects and recognizes revenue and expenses as a percentage of the project’s completion during the period.

3 0
3 years ago
Delectable, Inc.'s unadjusted trial balance includes Accounts Receivable of $10,000; Allowance for Doubtful Accounts of $50 cred
cestrela7 [59]

Delectable's financial statements will show Allowance for Doubtful Accounts of $1,000 on balance sheet and Bad debts expense of $950 on Income statement

Here, we are to determine the records of bad debts expenses on Income statement and Allowance for doubtful accounts on Balance sheet.

Bad debts expense = Estimated bad debts - credit balance in allowance account

Bad debts expense = $1,000 - $50

Bad debts expense = $950

                            Journal Entry

General journal                                  Debit   Credit

Bad debts expense                            $950

Allowance for Doubtful accounts                   $950

(Bad debts expense recorded)

The allowance for doubtful account will be $1,000. ($950+$10) because the Allowance for Doubtful Accounts had $50 credit balance.

See similar solution here

<em>brainly.com/question/15201555</em>

3 0
2 years ago
Rosemarie and Dominique, owners of Sugarplum Coffee and Pastry Shop, are concerned because Panera Bread is opening a new store j
Sauron [17]

Answer: Competitor

Explanation: Rosemarie and Dominique believes that Panera bread would be an active Competitor to their business because of the closeness of Panera bread store to theirs and also the fact that they sell similar products.

A competitor in marketing is a business that struggles for the same customers with another business due to sales of similar products.

3 0
3 years ago
The person who receives financial protection from a life insurance plan is called a
makkiz [27]
The person who receives financial protection from a life insurance plan is called a Beneficiary. I think
3 0
3 years ago
Rodgers Company gathered the following reconciling information in preparing its May bank reconciliation. Calculate the adjusted
grin007 [14]

Answer:

b. $5,870

Explanation:

Data given in the question

Cash balance per books, May 31 $5,400

Deposits in transit $375

Notes receivable and interest collected by bank $650

Bank charge for check printing $40

Outstanding checks $2,400

NSF check $140

The computation of the adjusted cash balance per books is shown below:

= Cash balance per books + Notes receivable and interest collected - Bank charges - NSF check

= $5,400 + $650 - $40 - $140

= $5,870

3 0
3 years ago
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