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vekshin1
3 years ago
6

Hops Grillhouse & Brewery, formerly known as Hops Restaurant/Bar/Brewery, unveiled a multimillion dollar brand strategy feat

uring a new menu intended to "capture consumer preferences for high quality, freshness, and grilled tastes as well as an array of aromas, textures, and price points." Its product mix of handcrafted beer and superior food is unlike that offered by other similar restaurant chains. This description relates to the restaurant’s _____ strategy.
Business
1 answer:
ValentinkaMS [17]3 years ago
8 0

Answer: Positioning strategy

                                                 

Explanation:  In simple words it refers to a marketing strategy under which an organisation tries to spotlight specific areas of operations and qualities  in the eyes of customers that they have better in comparison to their competitors.

In the given case, The food brewery is offering its product in a different way than the other participants and is trying their best to highlight that quality.

  Thus, we can conclude that they are using positioning strategy.

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Eastman Company had a $400 credit balance in Allowance for Doubtful Accounts at December 31, 2012, before the current year's pro
Reptile [31]

Answer: Please see explanation column

Explanation:

Uncollectible amount = Amount x percentage of the uncollectible  amount

$170,000 x 1% ) + (15,000 x 3% ) + ( 12,000 x 6% ) + (5,000 x  12% ) + (9,000 x 30%) = 1700+450+720+600+2700= $6,170

Credit Balance from Eastman =  $400

Adjustment required = $6170 - $400 (credit) = $5,770

Journal to record adjusting entry on December 31, 2012 for recognized bad debts expense.

a) Accounts Titles & Explanation    Debit                 Credit

Bad Debt Expense                  $5, 770  

Allowance for Doubtful Accounts                     $5,770

b Allowance for Doubtful Accounts account=  $400 debit balance before the current year's provision for uncollectible accounts.

Adjustment required = $6170 +$400 (debit) = $6,570

Accounts Titles & Explanation Debit                     Credit

Bad Debt Expense                 $6,570  

Allowance for Doubtful Accounts               $6,570

8 0
4 years ago
The total amount of money you owe other people.
grandymaker [24]
The total amount of money you owe other people. the answer is debt
4 0
3 years ago
Read 2 more answers
Andrews Corp. ended the year carrying $153,576,000 worth of inventory. Had they sold their entire inventory at their current pri
8_murik_8 [283]

Answer: $153,576,000

Explanation:

At year end, all the costs of inventory have been accounted for and incurred by the company. The inventory left therefore has no costs attached to it.

If Andrews Corp had been able to sell the inventory they had at year end, they would therefore not have incurred any new costs for doing so. The revenue they would have gotten would be equal to the worth of the inventory as is which was $153,576,000.

5 0
4 years ago
In 1974, the price of a first class postage stamp was 10 cents, a loaf of bread averaged 28 cents, gasoline was 53 cents per gal
KATRIN_1 [288]

Answer:

It cannot be determined if they are worse off

Explanation:

In this question, we are asked to determine if consumers today are worse off then consumers in the year 1975.

From the data gathered in the question, it is not likely to know if consumers today are worse off or better than consumers in 1975.

This is because, with this data, only the inflation rate can be measured. Now what determines if the consumer now is better off or worse off?

If the consumer’s income increase at a rate greater than the pace at which inflation is increasing, then obviously he would be better off now than before.

If the pace of increase is the same, then he is neither better off nor worse off.

Lastly, if the income has increased at a rate which is lesser than the inflation pace, then we can say that the consumer today is worse off

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3 years ago
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Who sells the best pasteles online thats trust worthy and good reputation?
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It would be Pasteles y Algo Mas
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