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4 years ago

How is a "spending plan" different than a "monthly budget"?

Business

1 answer:

Lera25 [3.4K]4 years ago

7 0

Answer:

A spending plan is what you are going to buy and when. A budget is a set aside amount of money for a set time. Hope that helps.

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How changes in customers affect retail business industry?

Serggg [28]

Explanation:

it affects the retailer by if they gave a good in a highest price then if that product is not sold then it would happen.

4 0

2 years ago

Flounder Company had the following stockholders’ equity as of January 1, 2020. Common stock, $5 par value, 20,700 shares issued

MAVERICK [17]

Answer and Explanation:

Date Account Title and Explanation Debit Credit

Feb 1 Treasury Stock (2000*$19) $38,000

Cash (2000*$19) $38,000

(Repurchased 2,000 treasury stock @ $19 per)

Mar 1 Cash (870*$17) $14,790

Retained Earning {870*($19-$17)} $1,740

Treasury Stock(870*$19) $16,530

(Reissued 870 out of 2000 treasury stock @ $17 per)

Mar 18 Cash (530*$13) $6,890

Retained Earning {530*($19-$13)} $3,180

Treasury Stock(530*$19) $10,070

(Reissued 530 out of 2000 treasury stock @ $13 per)

Apr 22 Cash (510*$21) $10,710

Treasury Stock(510*$19) $9,690

Paid in Capital from Treasury Stock{510*($21-$19)} $1,020

(Reissued 510 out of 2000 treasury stock @ $17 per)

NOTE : loss of sale should be charges from Retained Earning.

7 0

3 years ago

The Paw Patrol Smartphone lets kids learn about colors, numbers, and music. It has four Paw Patrol characters for the game plus

Alex73 [517]

Answer:

Profiling and analysing segments

Explanation:

Segmentation is the division of people into certain groups based on shared characteristics.

For example, In demographic segmentation, people are placed into groups based on age, gender, ethnicity and other demographic factors

Stages of segmenting a market

Selecting a product category to study - the product whose market would be segmented is chosen
Choosing a basis for segmentation
Selecting segmentation descriptors
Profiling and analyzing segments

5 0

3 years ago

Based on the following data, what is the inventory turnover? Sales on account during year $400,000 Cost of goods sold during yea

goblinko [34]

Answer:

3 times

Explanation:

Financial Statements depicts the financial position of a firm at a particular point of time or specified date. The users of financial statements use various types of analysis to understand or compare the current financial statements of the company to prior years or with those of the competitors.

‘Ratio Analysis’ is used to analyze the performance of a company. It is used to analyze the liquidity, profitability, solvency and operational efficiency of the company.

Given:

Cost of goods sold = $255,000

Beginning inventory = $90,000

Ending inventory = $80,000

Inventory turnover is the ratio of cost of goods sold to inventory receivable.

It can be calculated as:

Average inventory = $\frac{Beginning inventory + Ending inventory}{2}$