Answer:
Product Qty Cost Market LCM Result
Mountain Bikes 30 $700 $650 30*650 $19,500
Skateboards 26 $230 $260 26*230 $5,980
Gliders 12 $870 $830 12*830 $
9,960
Answer:
A. premarket testing.
Explanation:
The pre market testing is when people from a certain business send products to people that are the target of that product to see if they would use it, continue to use it and how much would they be willing to pay for that product, this is done prior to the launch of the product, in order to get to know better the consumer and how they can improve their product, also to see if it is viable to start mass production and launch it into the market, so what Lorraine is doing is premarket testing.
Answer:
The adjusting entry which is to be recorded is shown below:
Explanation:
The adjusting entry which is to be recorded is as:
Bad Debt Expense A/c..................................... Dr $14,740
Allowance for Doubtful Accounts A/c...............Cr $14,740
As the company records the bad debt expense at the end of the present year
Working Note:
As the company used the percent of receivables sales
Amount = Accounts receivables × Percentage of ending receivable
= $446,000 × 3.0%
= $13,380
Bad debt expense amount = Amount - Debit balance of allowance for doubtful accounts
= $13,380 + $1,360
= $14,740
Answer:
a researcher's decision that it is important to contact and question or observe all members of a target population.
Explanation:
A census is a procedure by which information about a given population is collected and recorded. The most common types of census are population census and housing census.
Census can be arranged for any purpose depending on the researcher's goals. It also helps in decision-making, for example when the government is planning a national program it will need information about the target population like number of people and their location.
Answer:
their cross price elasticities are greater than zero
Explanation:
The price elasticity of cross demand is a measure of the sensitivity of the demand of one good to the price of another good. If goods are considered subtitles, elasticity will be positive, ie when the price of one of the goods rises, the demand for the other will increase. Therefore, the elasticity will be greater than zero.
