Answer: Please see the required journals below:
Mar. 17:
Debit Allowance for doubtful accounts $1,000
Credit Accounts receivable $1,000
July 29:
Debit Cash $1,000
Credit Bad debt recovery (income statement) $1,000
Explanation: On March 17, when $275 was received from Shawn and the remaining balance of $1,000 was written off, the allowance for doubtful accounts has to be debited since the company adopts the allowance method of accounting for uncollectible receivables. Note that the allowance account would have the required buffer to take care of this debit. Similarly, when the recovery was made, cash would be debited then the credit would default to income statement.
Answer:
6.383%
Explanation:
Calculation for the What is the yield to maturity
Using this formula
YTM=n√Face value/Bond price -1
Where,
n=one-year
Face value=10,000
Bond price=9,400
Let plug in the formula
YTM=1√10,000/9,400−1
YTM=1.06383-1
YTM=0.06383*100
YTM=6.383%
Therefore the yield to maturity will be 6.383%
I think its all the above except for they might be trying to trick you because at sixteen a guardian or parent has to sign aswell.
Answer:
Identify the segmenting dimension most likely being used by Sanders Beverages.
Behavioral
Explanation:
Marketing involves the promotion of a company's product to potential customers. Customers as a whole have different characteristics and preferences, thus the need for market segmentation. Market segmentation is the division of target customers in groups of similar characteristics. These groups are known as segments where individuals that share similar traits in term of preferences, age and location are placed into one group. There are four major types of dimensions depending on segment characteristics; demographic, psychographic, behavioral and geographic segmentation.
1. Demographic segmentation
It involves the placing of people into groups based on their demographics like; age, gender and income. Demographics help understand consumer behavior better. An example is that, a company might realize that most young people who are college goers tend to drink more beer as compared to older people. This can be important to a beer manufacturing company to target specific audience.
2. Psychographic segmentation
This is the grouping of customers based on their personality traits, values, beliefs and interests.
3. Behavioral segmentation
This is the process of grouping customers based on their consumer behavior. In our case, the consumer behavior being targeted is non-juice drinkers to determine if they will accept the new line of healthy fruit juices.
4. Geographic segmentation
This is the process of grouping customers based on their location to determine specific areas where many consumers might be located.
Answer:
comprehensive; sequential interdependence
Explanation:
As Skunkworks believes in interaction and coordination of team members and Levittown builders work when one output of one becomes input of other.
