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4 years ago

Walkane Juices is planning to launch a line of flavored beverages. It encourages consumers to take a $1,000,000 Taste Challenge.

Business

1 answer:

statuscvo [17]4 years ago

5 0

Answer:

use promotions to get consumers to try the brand

Explanation:

Based on the scenario being described within the question it can be said that Walkane Juices is an underdog which is trying to use promotions to get consumers to try the brand. This is done with the hopes that the promotion will attract a large amount of individuals who may otherwise never try the brand, and once they try the brand they may like it and decide to start buying the product. Thus increasing sales for the company.

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The book balance in the checking account of Kyri Enterprises as of November 30 is $2,964. The bank statement shows an ending bal

lianna [129]

Answer:

reconciliation of bank balance:

bank balance $2,525

+ deposits in transit 11/29 $125

+ deposits in transit 11/30 $200

- outstanding check N. 322 $17

- outstanding check N. 324 $105

- outstanding check N. 327 $54

adjusted bank balance $2,674

reconciliation of checking account:

checking account balance $2,964

+ error on Check N. 321 $20

- NSF check $185

- unrecorded ATM withdrawal $100

- bank fees $25

adjusted checking account $2,674

To correct the error on Check N. 321

Dr Cash 20

Cr Accounts payable 20

To record NSF check

Dr Accounts receivable 185

Cr Cash 185

To record ATM withdrawal

Dr Drawing - Susan Kyri 100

Cr Cash 100

To record the bank fees

Dr Bank charges 25

Cr Cash 25

4 0

4 years ago

Marigold Incorporated sold $295,000 of accounts receivable to Gannon Factors Inc. on a with recourse basis. Gannon assesses a 2%

babymother [125]

Answer:

Dr Cash $257,900

Dr Due from Gannon Factors $17,700

Dr Loss on Sale of Receivables $19,400

Cr Accounts Receivable $295,000

Cr Recourse Liability $13,500

Dr Accounts Receivables $295,000

Cr Due to Customer $17,700

Cr Interest Revenue $5,900

Cr Cash $257,900

Explanation:

Journal entries

Dr Cash $257,900

Dr Due from Gannon Factors $17,700

Dr Loss on Sale of Receivables $19,400

Cr Accounts Receivable $295,000

Cr Recourse Liability $13,500

Dr Accounts Receivables $295,000

Cr Due to Customer $17,700

Cr Interest Revenue $5,900

Cr Cash $257,900

*6% X $295,000 =$17,700

*2% X $295,000 =$5,900 +$13,500=$19,400

7 0

3 years ago

Read 2 more answers

An economic model: Group of answer choices A. applies economic theory to understand real-world events. B. is so abstract that it

Drupady [299]

Answer:

A. applies economic theory to understand real-world events.

Explanation:

An economic model is a simplified version of reality that allows us to understand and predict economic phenomena.

characteristics of economic models are ;

They capture the fcomplexity of a phenomenon

They are able to make powerful predictions they are simple to understand

An example of an economic model is the production possibility frontier (PPF) . The PPF is a curve that shows the two combinations of goods that can be produced given the resources of an economy

5 0

3 years ago

You are offered a chance to buy an asset for $4500 that is expected to produce cash flows of $750 at the end of Year 1, $1000 at

Ghella [55]

Answer:

22.64%

Explanation:

Given that

Buyed value of an asset = $4,500

Projected cash flows

For year 1 = $750

For year 2 = $1,000

For year 3 = $850

For year 4 = $6,250

So, the rate of return i.e internal rate of return is

We assume the internal rate of return be X%

$4,500 = $750 ÷ (1.0x) + $1000 ÷ (1.0x)^2 +$850 ÷ (1.0x)^3 + $6,250 ÷ (1.0x)^4

After solving this, the rate of return is 22.64%

8 0

3 years ago

Mid-American Oil had a contract with NSB Co. to supply 1,000 gallons of oil by September 1. The contract contained a provision t

kakasveta [241]

Answer:

NSB Co. won the case against Mid-American oil/Mid-American oil lost the case

Explanation:

The original contract clearly stipulated that any modifications to the contract were to be written and signed by the company's presidents, therefor the decision by the Mid-American executive to talk with the purchasing agent of NSB Co. was in breach of the contract in two aspects;

The parties that made the modifications were not the ones agreed to in the contract
They made the modifications verbally while the contract stated that the changes were to be written and signed

6 0

3 years ago