<span>Gender would not be an effective base for market segmentation in this example in which they do not constitute distinct identifiable segments, because the segments are not </span>differentiable. Differentiable segments are segments in which the<span> </span>segment<span> boundaries can be stated clearly. In this case this is not possible, because both men and women respond similarly to the same marketing mix.(there are no differences).</span>
Answer:
Correct answer is B, Debit cash $38,800, debit factoring fee expense $1,200 and a credit of Accounts receivable of $40,000
Explanation:
Factoring is one way to raise fund for immediate use of the company. It is a way to sell accounts receivable of the company. The above-mentioned problem is to sell accounts receivable (factored) with the corresponding factoring fee of 3% and that is $1,200 (40,000 x 3%). In effect of this fee, the company will receive cash less than the amount of its accounts receivable sold. The company will record the inflow of cash at $38,800 (40,000 - 3%) and will also recognize an expense incurred during the factoring in the amount of $1,200 and finally will credit the sold accounts receivable in the amount of $40,000.
Answer:
d. The risk of lack of follow-through after selection
Explanation:
As rigorous as the process of selection might be, there is a greater risk of a lack of follow-through after selection.
When working in a team, the following are expected: genuine commitment, flexibility, being reliable, prompt communication, fast adaptability, and lastly among others, being positive.
Answer:
Given that,
Value of promissory note = $11,700
Time period = 60 days
Interest rate = 14%
Interest revenue:
= Note value × Interest rate × Time period
= $11,700 × 0.14 × (60/360)
= $273
Therefore, the journal entry is as follows:
Accounts receivable A/c Dr. $11,973
To Interest revenue $273
To Notes receivable $11,700
(To record the dishonored note)
