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makkiz [27]
3 years ago
6

When shoppers boycotted target because the chain had a policy of not allowing solicitors, including the salvation army, to colle

ct money outside their doors, target responded by?
Business
1 answer:
alexandr402 [8]3 years ago
3 0
The answer is <span>donating $9 million to the Salvation Army. 


At the point when the Salvation Army was restricted from gathering commitments outside the entryways of Target stores, they asserted that they had lost more than $9 million in conceivable gifts. Customers were infuriated by this and boycotted Target stores, which sent the organization a solid message, and Target reacted by working with the Salvation Army. To begin with, they gave the lost $9 million specifically. At that point, Target made an online "List of things to get" that customers could use to give toys, attire, and family unit things to poor families amid the Christmas season. By recouping from the blacklist in this positive way, Target could maintain a strategic distance from the further negative effect of the circumstance they had made with their strategy of not enabling specialists to gather gifts outside their entryways.
</span>
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On January 1, 2021, Red Flash Photography had the following balances: Cash, $19,000; Supplies, $8,700; Land, $67,000; Deferred R
ira [324]

Answer:

<u> Red Flash Photography </u>  

<u>Balance Sheet as at January 1, 2018,</u>

<u>     Assets </u>

Cash,............... $26,000  

Supplies,........... $9,400

Land, ........ .......<u>$74,000</u>  

Total..................<u>109, 400</u>  

<u>Capital and Liabilities</u>

Deferred Revenue... $6,400

Common Stock..... ..$64,000  

Retained Earnings...<u>$39,000.</u>  

Total............................<u>109,400 </u>

<u> Red Flash Photography </u>  

Balance Sheet as at 31st December 2018

Revised Balance Sheet on 31st December 2018  

<u>Assets</u>

Cash..........................................42,600

Account Receivable............ 44,000  

Supplies....................................15,800  

Land..........................................74,000  

Prepaid Rent............................<u>19,500 </u>

Total...........................................<u> 195,900</u>  

<u>Capital & Liabilities</u>

Common Stock ......................98,000  

Retained Earnings.................56,500  

Accrued Wages........................5,400  

Accounts Payable...................<u>36,000</u>  

Total........................................... <u>195,900</u>

Explanation:

1. February 15 Issue additional shares of common stock, $34,000.  

ADD 34,000 TO EQUITY, AND TO CASH

2. May 20 Provide services to customers for cash, $49,000, and on account, $44,000.  

LESS 49,000 FROM CASH AND ADD TO RETAINED EARNINGS AS INCOME, ADD 44,000 AS ACCOUNT RECEIVABLES AND ADD TO INCOME IN RETAINED EARNINGS  

3. August 31 Pay salaries to employees for work in 2018, $37,000.  

LESS 37,000 FROM CASH AND FROM RETAINED EARNINGS

4. October 1 Purchase rental space for one year, $26,000.  

LESS FROM CASH AND FROM RETAINED EARNINGS

5. November 17 Purchase supplies on account, $36,000.  

ADD TO STOCK, ADD TO ACCOUNTS PAYABLES

6. December 30 Pay dividends, $3,400.  

LESS FROM CASH AND FROM RETAINED EARNINGS

The following information is available on December 31, 2018:  

1. Employees are owed an additional $5,400 in salaries.  

ADD TO ACCRUED SALARIES,LESS FROM RETAINED EARNINGS AS EXPENSES INCURRED IN THE PERIOD

2. Three months of the rental space has expired.  

CREATE PREPAID RENT FOR 3/4 OF RENT (19,500) AND LESS 6500 FROM RETAINED EARNINGS AS EXPENSE FOR THE PERIOD

3. Supplies of $6,400 remain on hand.  

LESS 19600 (26,000-6400) FROM SUPPLIES AND FROM RETAINED EARNINGS AS EXPENSE FOR THE PERIOD

4. All of the services associated with the beginning deferred revenue have been performed.  

DELETE DEFERRED REVENUE OF 6,400 AND ADD SAME AMOUNT TO RETAINED EARNINGS AS INCOME EARNED

7 0
3 years ago
A small business produces a single product and reports the following​ data: Sales price ​$8.50 per unit Variable cost ​$5.25 per
ozzi

Answer:

The correct answer is Decrease by $5,500.

Explanation:

According to the scenario, the computation of the given data are as follows:

First we calculate the previous operating income, by using following formula:

Previous operating income = ($8.5 - $5.25) × 10,000 units - $22,000

= $10,500

Now, we will calculate the current operating income by using following formula:

New operating income = ($7.5 - $5.25) 12,000  units - $22,000

= $5,000

So, the change in operating income can be calculated as

Change in operating income = New operating income - Previous operating income

= $5,000 - $10,500

= -$5,500 ( Negative shows Decrease)

= Decrease by $5,500.

8 0
3 years ago
Dell is a product of the Digby company. Digby's sales forecast for Dell is 1856 units. Digby wants to have an extra 10% of units
Mumz [18]

Answer:

Dell's Production After Adjustment will be 2,041 units

Explanation:

According to the given data we have that Dell forecast for sales is 1856 and there considering the 10% reserve first we would need to calculate the number of units after the reserve of 10% as follows:

10% reserve units=0.10×1856=185 units

Therefore, total required units=1,856+185

total required units=2,041 units

Dell's Production After Adjustment will be 2,041 units

5 0
3 years ago
The notes to a recent annual report from Weebok Corporation indicated that the company acquired another company, Sport Shoes, In
ikadub [295]

Answer: $230,500

Explanation:

Goodwill is the amount over the value of a company that is purchased for.

Fair market value is the relevant value used in goodwill calculation because it represents the current value of the assets acquired.

Goodwill = Acquisition price - Fair market values of the assets

= 511,000 - 35,000 - 183,000 - 46,500 - 16,000

= $230,500

8 0
3 years ago
Phoenix Guitars is interested in pursuing backward integration to take greater ownership of the extraction of raw materials and
jok3333 [9.3K]

Answer:

Option A

Explanation:

In simple words, Regardless of the expense of making guitars, the technique reduces the total cost of manufacturing a instrument. Phoenix would be in the production business of instruments, not pickups.

The target of this technique is therefore the entire guitar, not really the pickups. The smaller the process of manufacturing their instruments, the better manoeuvrability they have on the market. When they have reduced costs, they may change rates downwards in order to capture further market penetration.

5 0
3 years ago
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