The right answer for the question that is being asked and shown above is that: • • Mega Mart is a “dog.” A business unit is considered a dog is when the market growth rate is low and the relative market share is also low.
Business unit that has grown very slowly.
They have a very low share.<span>
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Answer:
The correct answer is: Management Discussion and Analysis.
Explanation:
Management Discussion and Analysis or MD&A is the section of the financial statement that provides a subjective point of view of the firm's perspective on the same organization. The MD&A is part of the Securities Exchange Commission (<em>SEC</em>) form 10-K and highlights the company's expectations on its operations, liquidity, and capital resources.
Installment credit is when you borrow a fixed sum of money and agree to make monthly.
Answer:
Debit long-term debt; Credit cash.
Explanation:
The Journal Entry is shown below:-
Long term Dr, XXXXXXXX
To Cash
(being long term is recorded)
Long-term debt is a liability which usually has a credit balance. Therefore, until the long-term debt is entirely repaid, the long-term debt account has to be debited to pay it off entirely from the account books. In another hand, the cash account has to be paid, because there is a cash outflow.
