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mel-nik [20]
3 years ago
9

What is market segmentation? Dividing people into common groups based on Zip Code. Grouping products into distinct categories ba

sed on their historical sales levels Creating segments based on the five income levels Dividing your store (market) in separate areas for each kind of product that you sell Identifying and grouping potential customers by geographic, demographic, and psychographic attributes according to common characteristics and needs 1
Business
1 answer:
romanna [79]3 years ago
3 0

The correct answer would be option E, Identifying and grouping potential customers by geographic, demographic, and psychograpic attributes according to common characteristics and needs.

Explanation:

When markets or consumers are divided into groups or segments on the basis of some shared characteristics, then this is called as the Market Segmentation.

The shared characteristics can be customer's Geographic, demographics, psychographics, etc.

For example, a company finds out that their jackets are liked more among teenagers, whereas there coats are liked more by adults, then this segmentation is on the basis of demographics.

Learn more about Geographic Segmentation at:

brainly.com/question/13323297

#LearnWithBrainly

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Bryn, Cornell, and Duke are general partners in Equity Lending, a consumer credit, mortgage, and investment firm. Their agreemen
Viefleur [7K]

Answer:

C. The termination of the firm's legal existence.

Explanation:

General partners are individuals, two or more , who come together to own a business and controls daily activities of the business. Each member has unlimited liability and their action can legally bind the activities of the business. They share profit and losses equally.

According to fact pattern 27-3, if the partners agree to dissolve one of their business line- equity lending as in the case above and the company's assets are shared among the partners, it would result in the termination of the firm's legal existence.

Once there is a breach by any of the partners as contained in the partnership agreement and the partner's asset shared, that is dissolution. The partnership business has therefore been terminated legally and cease to exit.

3 0
3 years ago
Alvin's Transport has total credit sales for the year of $182,000 and estimates that 3% of its credit sales will be uncollectibl
goldfiish [28.3K]

Answer:

S/n      Account Title and Explanation      Debit     Credit

a.         Bad Debt Expense                         $5,460

            ($182,000 sales x 3%)

                   Allowance for Doubtful Accounts       $5,460

           (To record bad debt expense)

b.        Bad Debt Expense                         $5,460

            ($182,000 sales x 3%)

                   Allowance for Doubtful Accounts       $5,460

           (To record bad debt expense)

4 0
2 years ago
You recently interviewed a candidate for a position in your sales department. However, another candidate was more qualified. You
AleksAgata [21]

Answer:

B. Invite further correspondence.

C. Close with good wishes.

D. Buffer the opening.

Explanation:

These are all strategies that can be used to soften the bad news of rejection for a candidate that is not going to be hired. When you buffer the opening of your correspondence, you contribute to making the reader feel less negative about the news. Moreover, by inviting further correspondence, you demonstrate that the rejection is nothing personal and should not be taken as such. Finally, by closing with good wishes, you end on a positive note that is reassuring to the candidate.

8 0
3 years ago
Read 2 more answers
Accounts receivable are assets on a balance sheet most likely because they represent the?
Ierofanga [76]
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4 0
3 years ago
Marin Industries had one patent recorded on its books as of January 1, 2020. This patent had a book value of $201,600 and a rema
konstantin123 [22]

Answer:

The patent should be reported at $302,400 on the December 31, 2020, balance sheet.

Explanation:

Remaining useful life in month of patent on January 1, 2020 = 8 * 12 = 96 months

Remaining useful life in month of patent on December 1, 2020 = 96 - 11 = 85 months

Amortization of book value of patent in 2020 = (Patent Book value / Remaining useful life in month of patent on January 1, 2020) * 12  = ($201,600 / 96) * 12 = $25,200

Amortization of legal cost in 2020 = (Legal cost / Remaining useful life in month of patent on December 1,, 2020) * 1  = ($127,500 / 85) * 1 = $1,500

Carrying amount of patent = Patent Book value + Legal cost = $201,600 + $127,500 = $329,100

Patent book value on December 31, 2020 = Carrying amount of patent - Amortization of book value of patent in 2020 - Amortization of legal cost in 2020 = $329,100 - $25,200 - $1,500 = $302,400

Therefore, the patent should be reported at $302,400 on the December 31, 2020, balance sheet.

8 0
3 years ago
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