Why is it necessary for businesses to break their target markets down into segments?

V Calculate Zuo Software categorizes its accounts receivable into four age groups for purposes of estimating its allowance for u

kompoz [17]

Answer:

Consider the following explanations

Explanation:

1). Balance of allowance for uncollectible accounts on 12/31/2021 is $66,500.

2). Journal entry for adjusting the allowance for uncollectible account is :

Here we already have $22,000 credit balance in allowace for uncollectible account and hence adjusting entry is of $44,500 which makes the ending balance of allowace for uncollectible account to $66,500 credit.

3). Net account receivable balance on 12/31/2021:

Accounts receivables total = $520,000

Less: Allowance for uncollectible account = $66,500

Net Account Receivables = $453,500

6 0

4 years ago

Doug, a new manager, commented to a friend, "I am excited about different aspects of my new job. The company computers have ente

yuradex [85]

Answer:

Doug, the manager, referred to Data Science.

Explanation:

Data Science is a concept: high-end technology to statistics to make the analysis, management and understanding of both structured and unstructured data easier. Data science is applied to many fields, mostly to support the decision making. The person who conducts data science is called data scientist.

6 0

3 years ago

Marks Corporation has two operating departments, Drilling and Grinding, and an office. The three categories of office expenses a

Ivenika [448]

Answer:

$11,400

Explanation:

The expenses are allocated to different department based on different suitable allocation basis. These basis are also known as the cost drivers.

As per given information

Office Expenses Total Allocation Basis

Salaries $42,000 Number of employees

Depreciation $30,000 Cost of goods sold

Advertising $64,000 Net sales

Item Drilling Grinding Total

Number of employees 1,200 1,800 3,000

Net sales $370,000 $555,000 $925,000

Cost of goods sold $125,400 $204,600 $330,000

Depreciation is allocated to department based on the cost of goods sold by each department.

Depreciation expense allocation

To drilling department = Depreciation expense x Cost of goods sold ratio = $30,000 x $125,400 / $330,000 = $11,400

5 0

3 years ago

a tech company decides to pay dividends to shareholders out of its net earnings. this will decrease its

sergeinik [125]

A tech company decides to pay dividends to shareholders out of its net earnings. this will decrease its

This program automatically uses a shareholder's dividends to acquire additional shares of a firm's outstanding or newly issued stock.

If a organisation pays inventory dividends, the dividends lessen the agency's retained earnings and boom the common stock account. stock dividends do not bring about asset changes to the balance sheet but as a substitute affect only the equity aspect with the aid of reallocating a part of the retained earnings to the commonplace inventory account.

Dividend- A dividend is the distribution of a organisation's income to its shareholders and is determined by means of the company's board of administrators. Dividends are frequently dispensed quarterly and can be paid out as cash or in the shape of reinvestment in additional stock.

The dividend yield is the dividend per proportion and is expressed as dividend/price as a percent of a organisation's proportion charge, along with 2.five%.

not unusual shareholders of dividend-paying corporations are eligible to obtain a distribution so long as they very own the stock earlier than the ex-dividend date.

Learn more about dividends here:-

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8 0

1 year ago

Read 2 more answers

Balance of payments accounts are the accounts in which a nation records its _____.

Kryger [21]

Answer:

Explanation:

The balance of payments accounts also known as balance of international payments, are the accounts in which a nation records, summarizes all transactions that a country's individuals, companies and government bodies complete with individuals, companies and government bodies outside the country. These transactions consist of imports and exports of goods, services and capital, as well as transfer payments, such as foreign aid and remittances.

A country's balance of payments and its net international investment position together constitute its international accounts.

The balance of payments divides transactions in two accounts: the current account and the capital account. Sometimes the capital account is called the financial account, with a separate, usually very small, capital account listed separately. The current account includes transactions in goods, services, investment income and current transfers. The capital account, broadly defined, includes transactions in financial instruments and central bank reserves. Narrowly defined, it includes only transactions in financial instruments. The current account is included in calculations of national output, while the capital account is not.

3 0

3 years ago