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jeyben [28]
4 years ago
6

A small herbal tea company created new blends of tea. Rather than spending too much time on the tea blends, it created stripped-

down packaging with the new blends and did a limited launch to a group of users. This company was using which method to better insure its products hit the mark for its market
Business
1 answer:
NikAS [45]4 years ago
7 0

Answer: Lean Startup Methodology.

Explanation:

lean startup is a method used to  introduce a new product  to the market on behalf of an existing company which implements on  developing products that some group of  existing consumers already know  so as to ensure  that the market will already exist as soon as the product is launched  by  focusing  on creating a stripped down product with minimal waste of time and limited launchingin order to measure how such product will rank in the market.

Here, the small herbal tea company employing a stripped down packaging with limited launch for users to ensure product hit market mark adopts the lean start up methodology

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PA10-3 Recording and Reporting Current Liabilities [LO 10-2]
ioda

Answer:

See the explanation for the answer.

Explanation:

The required journal entries will be prepared as follows:

1 & 2  

i.  To record payroll on December 31.

Date         General Journal                                Debit        Credit

Dec. 31     Salaries and Wages Expense          80000  

                Withheld Income Taxes Payable                        8000

                FICA Taxes Payable                                            6000

                Contribution to American                                   3000

               Cancer Society        

                Cash                                                                     63000

Dec. 31 Payroll Tax Expense                          6600  

                FICA Taxes Payable                                           6000

               State and Federal Unemployment                     600

                Taxes Payable

 

ii. To record collection of rent on December 10.

Date           General Journal                        Debit            Credit

Dec. 10       Cash                                           6000  

                   Unearned Rent Revenue                               6000

iii. Adjusting entry on December 31.    

Date         General Journal                                  Debit         Credit

Dec. 31     Unearned Rent Revenue                    4000  

                Rent Revenue                                                        4000

3.

The liabilities should be reported in the balance sheet as follows:

L COMPANY

Balance Sheet (Partial)

At December 31

Current Liabilities:  

Income Taxes Payable                                                 8000

FICA Taxes Payable                                                     12000

Contribution to American Cancer Society                  3000

State and Federal Unemployment Taxes Payable     600

Unearned Rent Revenue                                             2000

Total current liabilities                                                  25600

5 0
3 years ago
“don’t waste any time in mourning—organize.”
Vsevolod [243]
truth, the expression is part of a telegram sent to Bill Haywood, in which Joe wrote, "Goodbye, Bill, I die like a true blue rebel. Don't waste any time mourning. Organize!" It wasn't Joe's last telegram; he sent another in which he implored Haywood, "Could you arrange to have my body hauled to the state line to be buried? I don't want to be found dead in Utah.
6 0
4 years ago
Which of the following is a deposit institution?
scZoUnD [109]

Answer:

A credit union

Explanation:

As it says in Chapter 5,

"The financial institutions that most people use serve as intermediaries between suppliers (savers) and users (borrowers) of funds. These deposit-type institutions include commercial banks, savings and loan associations, mutual savings banks, and credit unions" (p. 7, or 142)

The rest are other financial institutions

"Financial services are also available from institutions such as life insurance companies, investment companies, finance companies, mortgage companies, pawnshops, and check-cashing outlets" (p. 9, or 144)

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3 years ago
Rimary marketing research is more expensive than secondary market research
Pani-rosa [81]
Yes its true primary research is more expensive tha secondary market research
4 0
3 years ago
Many critics have argued that a sales or consumption tax should be eliminated because of its regressive nature. what is the basi
ivolga24 [154]
The basis for this argument is that consumption tax takes a larger percentage of income from low income earners than from high income earners. This is because consumption tax is uniformly applied to all people irrespective of their situation.<span />
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4 years ago
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