Answer:
a. Services performed but unbilled totals $600.
- Accrued revenue
- Accounts receivable was understated before the adjustment
b. Store supplies of $160 are on hand. The supplies account shows a $1,900 balance.
- Accrued expense
- Supplies was overstated before the adjustment
c. Utility expenses of $275 are unpaid.
- Accrued expense
- Utilities expense was understated before the adjustment
d. Service performed of $490 collected in advance.
- Unearned revenue
- Revenue was overstated before the adjustment
e. Salaries of $620 are unpaid.
- Accrued expense
- Wages expense was understated before the adjustment
f. Prepaid insurance totaling $400 has expired.
- Prepaid expense
- Insurance expense was understated
Answer:
B. Creating value for customers.
Explanation:
Marketing is all about building values for customers. Its about creating customer relationships which are profit generating. Any company or brand has a value proposition. It is the set of benefits the company promises to deliver to the consumer to satisfy his/her needs. Thus marketing is the bridge which connects the brand with the customers perceived value of the brand. It makes sure the customer pledges loyalty to the brand, by delivering on its promises on the value proposition. Thus, the most important role that marketing plays in the economy is Creating Value for Customers.
During the testing stage, a firm should take feedback from various stakeholders on how the solution meets the needs of the problems or concerns they shared with you in interviews.
Design thinking is a concept used by organizations including businesses to improve their products and services. It is a solution-based approach to dealing with issues. There are main stages in the process of design thinking. They are Empathize, Define, Ideate, Prototype, and Test.
The test stage is the final stage in which the solutions or products are tested to see if they meet the needs of the stakeholders. The designers will rigorously test the complete product and gauge the response of stakeholders. This can lead to modifications to the product. The goal is to understand the product and its users.
To learn more about design thinking: brainly.com/question/12108094
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Answer:
c.$10,500
Explanation:
The computation of the deferred income tax asset is shown below:
= Warranty expense for book purposes × U.S tax rate
= $50,000 ×21%
= $10,500
For computing the deferred income tax asset reported, we simply multiply the warranty expense with the U.S tax rate.
Hence, we ignored the net income before tax as it is an irrelevant part which is given in the question
Answer:
The correct solution to either the following question seems to be Option E (Coca-Cola as a substitute for Pepsi
).
Explanation:
- A substitute product seems to be a product of some other sector that offers integrated values to the customer as the commodity manufactured by organizations in the same organization.
- These goods are alternatives because they meet identical market requirements and have substantial demand elasticity. Of example, the price of Pepsi seems to have a strong connection with the market of Coke.
Other possibilities aren't related to something like the scenario in question. And the latter reaction is the correct one.
