Tyler's net income is approximately $40,000 annually. He has borrowed

Having some clients who are less knowledgeable about investing and seem to be more trusting of their firm, the management of a f

Lyrx [107]

Answer: Ponzi Scheme.

Explanation:

The Organisation described in the question is making use of Ponzi Scheme for their clients. A Ponzi scheme is a fraudulent form of business where initial investors are paid by later investors. The scheme promises abnormally high returns from investments within a short period, with some investors ending up losing their investments.

8 0

3 years ago

Pitt Enterprises manufactures jeans. All materials are introduced at the beginning of the manufacturing process in the Cutting D

il63 [147K]

Answer:

$1.88; $2.00

Explanation:

Equivalent Units Produced for direct material:

= Opening Work In Progress + Introduced + Closing units

= units × Degree of completion

= (59,000 × 0%) + (159,000 × 100%) + (84,000 × 100%)

= 0 + 159,000 + 84,000

= 243,000

Equivalent Units Produced for conversion costs:

= Opening Work In Progress + Introduced + Closing units

= Units × Degree of completion

= (59,000 × 65%) + (159,000 × 100%) + (84,000 × 20%)

= 38,350 + 159,000 + 16,800

= 214,150

Cost Per Equivalent Units for direct material:

= Total Cost Incurred ÷ Equivalent Units Produced

= $456,840 ÷ 243,000

= $1.88

Cost Per Equivalent Units for conversion cost:

= Total Cost Incurred ÷ Equivalent Units Produced

= $428,300 ÷ 214,150

= $2.00

5 0

4 years ago

select all that apply what are important characteristics of a market segment? multiple select question. capturable large accessi

Stells [14]

Characteristics of a market segment are capturable, large, accessible, actionable, and definable.

By identifying variances in the response characteristics of various areas of the market, market segmentation is a technique for getting the most market response out of initial marketing resources. Market segmentation is, in this sense, the divide-and-conquer tactic, or the division of the market in order to subdue it.

Market segmentation enables marketers to focus more intently on customer selection and provide the right marketing mix for each selected segment or group of customers with a similar demand. Every division or sector has the option of being chosen as a market target to be attained using a certain marketing strategy.

To know more about Market segmentation

brainly.com/question/27993208

#SPJ4

6 0

2 years ago

As the information technology advances and consumers buy products requiring more and more technology, the wages of people with h

Katyanochek1 [597]

Answer:

b. increase as the demand for high tech skills increases.

Explanation:

Due to the fact that the demand for technological products is increasing, the demand for people who possess high tech skills would also increase as firms would want to provide more tech products to satisfy the demand of consumers.

This would lead to an increase the demand for people with high tech skills. When demand exceeds supply, wages would rise.

I hope my answer helps you

6 0

3 years ago

Spielberg Company's general ledger shows a checking account balance of $22,810 on July 31, 2021. The July cash receipts of $1,72

Flauer [41]

Answer:

(a) Bank Reconciliation statement:

Bank's cash balance:

= Per bank statement + Deposits outstanding - Checks outstanding

= $22,346 + $1,725 - $1,300

= $22,771

Therefore, bank balance per reconciliation is $22,771.

Company's cash balance:

= Per general ledger - service fees

= $22,810 - $39

= $22,771

Therefore, company balance per reconciliation is $22,771.

(b) Journal entry to adjust balance for cash is as follows:

Bank service charge expense A/c Dr. $39

To Cash A/c $39

(To record bank service charge)

6 0

3 years ago