Answer:
Letter a is correct. <u>TRUE.</u>
Explanation:
The product lines are characterized as a marketing strategy used by companies with the objective of gaining market and increasing sales of products through current and new consumers.
This strategy occurs when a company makes available on the market a group of differentiated products sold by the same brand, but with different features and benefits to meet the needs of different types of target audience. The expansion of the product line is an effective strategy to increase brand value and customer loyalty, since there is a greater likelihood of consumers returning to consume a brand they admire and have had good experiences in previous purchases.
Answer:
B. $16.67
Explanation:
The computation of the accrued interest expense is shown below:
= Notes receivable or Principal × rate of interest × number of days ÷ (total number of days in a year)
= $5,000 × 4% × (30 days ÷ 360 days)
= $16.67
We assume there are 360 days in a year
And, the 30 days is calculated from December 1 to December 31
This is the answer and same is not mentioned in the given options
Complete Question:
When preparing the financial analysis for a business plan, the required statements and schedules will depend on the:
Group of answer choices
A. size of the particular project.
B. plan's presentation procedure that is expected in your own organization.
C. project's complexity.
D. All of these are correct.
Answer:
D. All of these are correct.
Explanation:
Financial analysis can be defined as the process of analyzing the stability, profitability, accuracy and viability of a business entity through its financial statements.
Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.
Hence, when preparing the financial analysis for a business plan, the required statements and schedules will depend on the following;
A. size of the particular project.
B. plan's presentation procedure that is expected in your own organization.
C. project's complexity.
Answer:
A. $33,200
B. $35,000
Explanation:
A. Computation for 2018 cash-basis net income
2018 cash-basis net income = $106,000 - $73,800
2018 cash-basis net income= $33,200
Therefore 2018 cash-basis net income is $33,200
(b) Computation for 2018 accrual-basis net income
2018 accrual-basis net income = ($106,000 - $24,200 + $39,400) - ( $73,800 - $29,100 + $41,500))
2018 accrual-basis net income= $121,200 - $86,200
2018 accrual-basis net income= $35,000
Therefore 2018 accrual-basis net income is $35,000
