Consumers affect which goods and services are produced because they are the primary purpose why businesses offer goods and services in the first place. The market is difficult to estimate because it is highly dependent on the whims of the consumers. So, if the trend suggests that a certain type of goods is not anymore socially famous, then consumers would stop patronizing them. In the end, businesses would have to find more ways to innovate so as to keep up with the consumers' interests.
The company's next task is to determine what objective, strategy and budget to assign to each SBU. Four strategies can be pursued: build, hold harvest, or divest.
I think the answer is B, but I am not sure.
Answer:
since there is not enough room here, I prepared a balance sheet category on an excel spreadsheet
Explanation:
Dr Wages payable 2,750
Cr Cash 2,750
Dr Real estate taxes expense 7,350
Cr Real estate tax payable 7,350
Dr Interest expense 5,437.50
Cr Interest payable 5,437.50
Dr Bond premium 145
Cr Interest expense 145
Dr Warranty expense
Cr Warranty liability
Dr Income tax expense 191,400
Dr Income tax expense (deferred) 70,470
Cr Income tax payable 191,400
Cr Deferred tax liability 70,470