A potential risk is confusing the customers - customers have brand loyalty and recognition based off of the look and familiarity of packaging. They might always reach for the "green tic tacs" without even knowing the official flavor because they are familiar with the color, and changing the packaging could affect that.
However, a potential benefit of changing the packaging is attracting new customers who would have otherwise overlooked the product. Making the packaging new and exciting might entice new people to become buyers.
A good way to test this would be with focus groups, which are groups of people who you ask to pretend to be the customer and give you feedback on the idea. Focus groups are a good way to learn the good and bad perceptions about a change before it is put into effect.
Answer:
The appropriate amount of Bad Debt Expense is $3,345.20.
Explanation:
The appropriate amount of Bad Debt Expense can be calculated as follows:
Bad debt expense = (Percentage of accounts receivable not yet due it will not collect * Accounts receivable not yet due) + (Percentage of receivables up to 30 days past due it will not collect * Amount of receivables up to 30 days past due) + (Parentage of receivables of receivables greater than 30 days past due it will not collect * Amount of receivables greater than 30 days past due) - Allowance for Uncollectible Accounts (credit) ……………………… (1)
Substituting the relevant values into equation (1), we have:
Bad debt expense = (7% * $7,500) + (20% + $2,300) + (46% * $2,000) - $400 = $3,345.20
Therefore, the appropriate amount of Bad Debt Expense is $3,345.20.
Answer:
0%
Explanation:
If input increase by 15% and output increase by 15% then the equation for productivity will be
Input = 100% + 15% = 115%
Output = 100% + 15% = 115%
Percentage change = 1-1
Percentage change = 0%
If both Output and input is increased by the same amount the results will be the same
Answer:
Bad debt expense $5.125
Explanation:
Initial Balance
Accounts Receivable $ 43.000
Allowance for Uncollectible Accounts $ 1.250
Entry
Allowance for Uncollectible Accounts $ 775
Accounts Receivable $ 775
New Balance
Accounts Receivable $ 42.225
Allowance for Uncollectible Accounts $ 475
Entry Adjustment
Bad debt expense $ 5.125
Allowance for Uncollectible Accounts $ 5.125
END Balance
Accounts Receivable $ 42.225
Allowance for Uncollectible Accounts $ 5.600
Answer:
Thailand
Ireland
c
Explanation:
Thailand has the highest annual growth rate so it is fastest economy to grow in rela income per person form 1960 to 2010 that is 4.91%
Irleand has the highest real income per person in year 2010 that is $41,558
Ireland, Pakistan and Thailand had lower real income per person than Finland in 1960 but only Ireland had higher real income per person than Finland in 2010.
