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Trava [24]
3 years ago
6

When you introduce your product to a focus group or a small geographical location, which activity does it signify?

Business
1 answer:
Sedbober [7]3 years ago
5 0
It is a test market or beta test.
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Cascade Company was started on January 1, Year 1, when it acquired $151,000 cash from the owners. During Year 1, the company ear
erica [24]

Answer:

Cascade Company

<u>Income statement for the year ended year 1</u>

Sales Revenue                   $90,600

Less Expenses                   $62,000

Net Income                         $28,600

Cascade Company

<u>Statement of changes in equity for the year ended year 1</u>

                                                Capital       Retained Income          Total

Beginning of the Year :

Opening Balance                  $151,000                 $ 0                 $151,000

During the Year :

Profit for the year                        -                    $28,600             $28,600

Dividends paid                            -                    ($13,000)           ($13,000)

Total                                       $151,000             $15,600           $166,600

Cascade Company

<u>Balance Sheet as at year 1</u>

ASSETS

Cash ($151,000 + $90,600 - $62,000 - $13,000)                  $166,600

Total Assets                                                                              $166,600

EQUITY AND LIABILITIES

Equity                                                                                        $166,600

Total Equity and Liabilities                                                     $166,600

Cascade Company

<u>Statement of Cashflow for the year ended year 1</u>

<em>Cash flow from Operating Activities</em>

Cash receipts from customers                                               $90,600

Cash payments to suppliers and employees                      ($62,000)

Net Cash from Operating Activities                                       $28,600

<em>Cash flow from Investing Activities</em>

No Investment activities

Net Cash from Investing Activities                                                 $0

<em>Cash flow from financing Activities</em>

Capital Invested                                                                    $151,000

Dividends Distributions                                                        ($13,000)

Net Cash from Investing Activities                                     $138,000

Movement during the year                                                $166,600

Beginning Cash and Cash Equivalents                                      $0

Ending Cash and Cash Equivalents                                 $166,600

Explanation:

The income statement, statement of changes in equity, balance sheet, and statement of cash flows for Cascade Company have been prepared above.

Note : Make sure to take note of the format and appropriate heading of each statement.

8 0
3 years ago
Assuming a court did find there was a valid offer, if there was an action brought against the store, would Vinny's mistake of gi
slavikrds [6]

Answer:

C. Yes, since the mistake would be obvious to a reasonable person.

Explanation:

A unilateral mistake <u>occurs when only one party is mistaken as to the subject matter</u> or the terms contained in the contract agreement.

<u>The general rule involving unilateral mistakes is that, if the non-mistaken party either knew or should have known of the other party's mistake, the mistake is a “palpable unilateral mistake” which makes the contract voidable</u> by the mistaken party.

Therefore, since Vinny's mistake would have been obvious to the other party, it could make the contract voidable and relieve the store of the liability.

7 0
3 years ago
Read 2 more answers
The value of a financial asset is the​ ________.
nadezda [96]

Answer: The correct answer is "B. present value of all of the future cash flows that will be received".

Explanation: The value of a financial asset is the​ present value of all of the future cash flows that will be received.

To value a financial asset, all future cash flows must be taken into account, therefore their value will be the sum of the present values of each of the future cash flows.

8 0
3 years ago
I need help on creating my resume. I’m a high schooler currently in the 11th grade. I haven’t won any awards here at my high sch
77julia77 [94]

To create an effective resume, you must explain your educational and professional experiences. If you are still a student looking for your first professional opportunity, a good way to attract the attention of recruiters is to include your awards won in the educational environment on your resume.

<h3 /><h3>How to create a good resume?</h3>

Some tips can be important for you to create an attractive resume. It's always good to align your experiences with the area you want to compete in, that is, include courses, extra curricular experiences and awards that have to do with the field of work that interests you. Other important tips are:

  • Keep your CV objective and concise
  • Review your personal data
  • Highlight your personal achievements
  • Be honest about the information provided
  • Include your volunteer work

Therefore, for a student to create an effective curriculum, the inclusion of awards and achievements from student life will attract the attention of the recruiter by showing interest, dedication and perspectives of the candidate, being a great opportunity to win a job.

Find out more about resume here:

brainly.com/question/14218463

#SPJ1

6 0
2 years ago
What may be offered to clients when banks find the risk too high?
mina [271]
<span>Private money may be offered to clients when banks find the risk too high. Private money is usually owned by a private organization. Private money has high interest rates and the people who receive the money still have to follow state, federal and bank laws when using the money.</span>
6 0
3 years ago
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