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alisha [4.7K]
3 years ago
5

Your large retail store sells power tools and construction supplies, and your customer base is made up primarily of home improve

ment contractors, subcontractors, and serious DIYers. But business has stagnated now that the housing market has seen a downturn. What can you do to boost your sales and keep your business solvent
Business
1 answer:
Archy [21]3 years ago
8 0

Answer:

Consider marketing to a segment that meets the criteria for effective segmentation

Explanation:

In the given situation it is mentioned that the business is stagnated due to which the housing market seen as the downturn so in order to increased the sales and keep the business solvent we should considered the marketing to the segment where it should meet the effective segmentation criteria so that the company could able to increased their sales due to this the solvency of the business could be maintained

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What is the disadvantage of getting line managers to recruit for a firm?
tankabanditka [31]

Answer: B) They have to take time out from their actual jobs.

Explanation: Line managers are often referred to personnels in an organization who are in charge if a particular department or sector and hence, charged with the responsibility of handling and overseeing the performance of particular employees and output of his or her department. This puts line managers in a position of knowing the employees in his or her department, what the department needs in terms of personnel in other to raise and drive productivity. However, charging line managers with the responsibility of recruiting for the organization will result in the disruption of their actual job role and will definitely have to take time out in other to facilitate the recruitment process which will definitely have an effect on their performance and actual duty.

3 0
3 years ago
Working for a very large organization in the tractor manufacturing industry, John always heard complaints from customers about t
Ksju [112]

Answer:

The correct answer is letter "C": Work experience.

Explanation:

People's work experience allows them to obtain knowledge in the fields they developed their careers in. There are many cases in which individuals start working n large entities to have an idea of how certain business is handled to then start their own companies confident that the knowledge acquired will be enough to run the organization.

In John's case, <em>thanks to the complaints he heard while he was acquiring work experience in a tractor manufacturing company, he was able to open his own business to resolve the common issues he was already aware of.</em>

3 0
3 years ago
John paid $10,000 in mortgage interest last year. He and his wife earned $150,000 from their jobs last year. Based on their circ
____ [38]

Answer:

$140,000

Explanation:

$150,000-$10,000= $140,000

4 0
3 years ago
k. decker, s. rosen, and e. toso are forming a partnership. decker is transferring $53,900 of personal cash to the partnership.
uranmaximum [27]

The  journal entries to record each of the partners investments are:  Debit Cash  $53,900, Credit Decker, capital $53,900.

<h3>Journal entries</h3>

a. Debit Cash  $53,900

Credit Decker, capital $53,900

(To record Decker investment)

Debit Land $17,300

Debit Building  $78,600

Credit S. Rosen Capital $95,900

($17,800+$78,600)

(To record s,. rosen investment)

Debit Cash $13,300

Debit Account receivable $35,600

Debit Equipment $21,200

Credit Allowance for Bad debts $3,560

($35,600-$32,040)

Credit Toso, capital $66,540

($13,300+$35,600+$21,200-$3,560)

(To record toso investment)

b. Partner's capital statement

Owner's equity

Deckers capital $53,900

S. rosen capital $95,900

Toso capital $66,540

Total owner's equity $216,340

Therefore the  journal entries to record each of the partners investments are:  Debit Cash  $53,900, Credit Decker, capital $53,900.

Learn more about journal entries here: brainly.com/question/14279491

#SPJ1

The complete question is:

k. decker, s. rosen, and e. toso are forming a partnership. decker is transferring $53,900 of personal cash to the partnership. rosen owns land worth $17,300 and a small building worth $78,600, which she transfers to the partnership. toso transfers to the partnership cash of $13,300, accounts receivable of $35,600, and equipment worth $21,200. the partnership expects to collect $32,040 of the accounts receivable.

a. Prepare the journal entries to record each of the partners investments.

b. What amount would be reported as total owner's equity immediately after the investments?

6 0
1 year ago
Do you think that contracts or other financial instruments that do not have readily available market prices should be accounted
Damm [24]
<span>Fair value is defined as, a rational and unbiased estimate of the potential market price of a good, service, or asset. It takes into account such objective factors as: acquisition/production/distribution costs, replacement costs, or costs of close substitutes.

Since this is an opinion question, either answering yes or no is correct, but you have to say why. 


If I understand the question correctly, and the question isn't missing any parts, I would assume it's asking if you should put value on contracts as a document and other financial instruments. 

I was going to say no, but because contracts can be transferred or used as currency, I would say yes. 

If you say yes I would argue that giving a fair value of the contracts would make them more legal and have more bearing in a place of business.  That it would prevent the fluctuation of value on that contract based on other factors like profit/loss and whether or not you transferred, changed, etc. the contract. I would argue that to protect that contract and other financial instruments, and the holders stake in it, you should create a fair value for it.  

If you say no, I would argue that the contract can already be treated as a form of currency, and because of that it should not have a fair value placed on it.  I would also argue that because contracts often times state the value of that contract within itself, that it should not have a fair value.  And finally, I would argue that because with time, the value of items change, you should not place a fair value on a document that can be changed and can lose or gain value with time based on the purposed information in the contract.
</span>
3 0
3 years ago
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