Answer:
The Cash paid to suppliers was $85,000
Explanation:
Data provided in the question:
Cost of goods sold = $100,000
Decrease in inventory = $5,000
Increase in accounts payable = $10,000
Now,
Cash paid to suppliers will be
= Cost of goods sold - Decrease in inventory - Increase in accounts payable
= $100,000 - $5,000 - $10,000
= $85,000
Hence,
The Cash paid to suppliers was $85,000
Answer:
I will take $36,230.5 to pay for the education of child.
Explanation:
Cash Invested in the saving account will earn a return of 8% each year and this amount could be withdrawn by the me to pay for the education of child.
We will use following formula to calculate the annual payments
P = r ( PV ) / [ 1 - ( 1+ r )^-n ]
where
PV = amount of investment = $120,000
r = rate of return = 8%
n = number of period = 4 years
P = 8% ( 120,000 ) / [ 1 - ( 1 + 0.08 )^-4 ]
P = 36,230.5
Answer:
Assumptions and expectations are the root causes of workplace constraints.
Explanation:
To avoid workplace conflicts one needs detailed information and clarity. If we train ourselves to think in a positive way and act without anger will do wonders. Our conduct in a situation is going to be really different if we take some time to look at good intentions instead of immediately reacting. It's much more productive to turn a bunch of assumptions into a shared understanding of the information.
Answer:
A. Cash basis $5,750
Accrual basis $11,400
B. Accrual basis
Explanation:
A. Calculation for the first year’s net earnings under the cash basis of accounting, and accrual basis of accounting
Cash basis Accrual basis
Service revenue
$21,900 $30,000
Less Operating expenses
$12,880 $18,600
Less Insurance expenses $3,270 $0
Net income $5,750 $11,400
B. Based on the above calculation the basis of accounting that provides more useful information for decision-makers is ACCRUAL BASIS OF ACCOUNTING.
Answer:
C.
Explanation:
Companies cannot appeal to all buyers in the marketplace, or at least not to all buyers in the same way.
This strategy focuses on targeting a specific set of customers, retaining them by meeting their needs, and using metrics to measure their satisfaction.
Steps:
-Market segmentation. Is the process that companies use to divide large heterogeneous markets into small markets that can be reached more efficiently and effectively with products and services that match their unique needs.
-Market targeting. Consists of a set of buyers who share common needs or characteristics that the company decides to serve.
-Differentiation. A market coverage strategy in which a firm decides to to target several market segments and desing separate offers for each. Focus on how the company can create differentiated value for targeted segments.
-Positioning. The way the product is defined by consumers on important attributes. The place the product occupies in consumers’ mind relative to competing products.
