It should be noted that pursuing multiple market segments at the same time is not the best way to enter new markets. Therefore, it's false.
<h3>What is a market?</h3>
A market simply means the coming together of a buyer and seller for transactions purpose.
In this case, pursuing multiple market segments at the same time is not the best way to enter new markets. One needs to have complete knowledge before entering a market.
Learn more about market on:
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Answer:
The value of the difference between the earnings per share (EPS) forecasts for Feast and Famine is $2.40
Explanation:
The solution is as evident in the attached Excel Sheet. In the excel sheet the formulas are used which are also given in the second sheet.
For the data values from the question are used.
Answer:
Explanation:
The journal entries are shown below:
1. Cash A/c Dr$598
To Sales $560
To Cash over and short $38
(Being the cash sales are recorded and the remaining balance is credited to the cash over and short account)
2. Cash A/c Dr $1,112
Cash over and short A/c Dr $36
To Sales A/c $1,148
(Being the cash sales are recorded and the remaining balance is debited to the cash over and short account)
Answer:
$21.71%
Explanation:
Given that
Monthly saving = $760
Gross income = $3500
The computation of the savings ratio is shown below:-
Savings Ratio = (Monthly savings ÷ Gross Income) × 100
= ($760 ÷ $3,500) × 100
= $0.21 × 100
= $21.71%
Therefore for computing the saving ratio we simply divide gross profit by monthly saving and after a result we multiply by 100.
Answer: $322 241
Explanation: Retained earnings is the capital that is left over after total dividends has been deducted and paid out. It is calculated as follows:
Retained earnings = retained earnings at the beginning of the year + net profits made during the current year - dividends paid out.
∴ Retained earnings = $318, 423 (opening Retained earnings)+ $11,318 (net profits / income) - $7,500 (dividends)
=$322,241
The $25,000 new stock issued generated income to the business, but this does not fall in the retained earnings line item. Rather it falls under the Ordinary Share Capital line item, which includes all the company's issued share capital.
