Answer:
Demographic and buyer behavior characteristics.
Explanation:
- Studying a market can be very difficult, so, sometimes researches choose random sample to study. The question arises that weather these sample represents the whole targeted market or not.
- And that should be judged carefully, if not the study will be an utter failure.
Answer:
B. The Financial Accounting Standards Board
Explanation:
- The Mission of AICPA is, 'to Power the success of global business, CPAs, CGMAs and specialty credentials by providing the most relevant knowledge, resources and advocacy, and protecting the evolving public interest'.
- The Mission of the Public Company Accounting Oversight Board is to 'oversees the audits of public companies and SEC-registered brokers and dealers in order to protect investors and further the public interest in the preparation of informative, accurate, and independent audit reports'.
- The Misson of the Governmental Accounting Standards Board is to 'to establish and improve standards of state and local governmental accounting and financial reporting that will result in useful information for users of financial reports and guide and educate the public, including issuers, auditors, and users of those financial reports'.
Based on the information given the net income is $163.66.
<h3>
Net income</h3>
First step:
Profit margin = [(ROE)(Total asset)] / [(1 + Debt equity ratio)(Sales)]
Profit margin = [(.11)($2,604)] / [(1 + 0.75)( $5,783)]
Profit margin = 286.44/(1.75) ($5,783)
Profit margin = 286.44/10,120.25
Profit margin = .02830
Second step:
Profit margin = .02830 = Net income / Sales
Net income = .02830($5783)
Net income = $163.66
Inconclusion the net income is $163.66.
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Answer:
Total equivalent unit 86,688
Explanation:
We will use the weighted average method of valuation.
<em>Under the weighted average method of valuation, to account for completed units, it is assumed that the entire degree of work required is done in the period under consideration. So there is no separation of the completed units into opening inventory and fully worked.
</em>
Equivalent units = Degree of completion (%) × Number of units
Item Tons Working Equivalent units
Completed unit 82,400 82,400× 100% 82,400
Closing inventory 7,416 7,416 × 60% <u> 7,416 </u>
Total equivalent unit 86,687.6