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3 years ago

The prevailing marketing strategy of the ________ era was to find customers for inventories that went unsold.

Business

1 answer:

VLD [36.1K]3 years ago

3 0

Answer:

Sales oriented era

Explanation:

The sales oriented era was characterized by overproduction of goods. As such, extra goods were left unsold as customers could not buy them all.

Companies then had to concentrate on coming up with methods to sell off extra goods.

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Depreciation on the company’s wind turbine equipment for the year is $6,200. The Prepaid Insurance account for the solar panels

GrogVix [38]

Answer & Explanation:

depreciation expense 6,200 debit

accumulated depreciation wind turbine 6,200 credit

to record depreciation expense

insurance expense 2,000 debit

prepaid insurance 2,000 credit

to record expired insurance

unearned revenue 2,200 debit

service revenue 2,200 credit

to record service paid in advance

wages expense 2,400 debit

wages payable 2,400 credit

to record accrued wages for the period

interest receivable 520 debit

interest revenue 520 credit

to record interest earned for the period.

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3 years ago

Greg's agrees to buy hal's sports store on condition that he is approved by first state bank for the financing. this approval is

Maksim231197 [3]

The approval in which Greg's agrees to buy Hal's sports store on condition that he is approved by first state bank for the financing is condition precedent. The condition precedent is a condition that is required in order something else to occur and must come to pass before a specific contract is considered.

6 0

3 years ago

Larger vehicles tend to have longer stopping distances than other vehicles because ____

kondaur [170]

Larger vehicles tend to have longer stopping distances than other vehicles because they weigh more. Vehicles that way more take more time to slow down when traveling at the same speed as a vehicle that weighs less. For this reason, they take more time to slow down and need a larger stopping distance.

3 0

2 years ago

1. Select the correct statement regarding relevant costs and revenues.

Gala2k [10]

Complete Question:

1. Select the correct statement regarding relevant costs and revenues.

A. Sunk costs are not relevant for decision-making purposes.

B. Relevant costs are frequently called unavoidable costs.

C. Direct labor is an example of a unit-level cost.

D. Only variable costs are relevant for decision making.

Answer:

1. A

2. D

3. B

Explanation:

1. The correct statement regarding relevant costs and revenues is that sunk costs are not relevant for decision-making purposes. Sunk costs are the opposite of relevant costs because they can't be changed or recovered, as they've been spent or contracted in the past already. Hence, relevant cost are relevant for decision-making purposes but not sunk costs.

2. Expected future revenues that differ among the alternatives under consideration are often referred to as differential revenues. It is the difference in revenues among two (2) alternatives, which would influence decision making.

3. The benefits sacrificed when one alternative is chosen over another are referred to as opportunity costs. It is also referred to as alternative forgone.

For example, Tony gives up going to see a new movie at the cinema in order to prepare for an examination, so as to get a good grade.

8 0

3 years ago

Information technology has been used to improve both internaland external access and sharing of information. Three main kinds of

Mashcka [7]

Answer:

1. Executive Information System (EIS).

2. Corporate Portal.

3. Intranet.

Explanation:

Information technology (IT) can be defined as a set of components or computer systems, which is used to collect, store, and process data, as well as dissemination of information, knowledge, and distribution of digital products.

An information technology (IT) interacts with its environment by receiving data in its raw forms and information in a usable format.

Information technology (IT) has significantly helped to improve both internal and external access and sharing of information between two or more business firms and individuals. Basically, there are three (3) main kinds of information technology (IT) which allow informations to be accessed and shared internally among employees; executive information systems (EIS), intranets, and portals.

1. Executive Information System (EIS): it assist managers working in an organization to monitor and analyze organizational performance. An Executive information system is also referred to as an Executive support system and it can be defined as a management support system that enhances and supports all of the senior executive information and decision-making process.

2. Corporate Portal: it's a hybrid system that uses a web address (uniform resource locator-URL) to give employees access to customized information and specialized transactions with respect to an organization.

3. Intranet: it's an internal company network which is private and provides employees with easy access to information.

8 0

2 years ago