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konstantin123 [22]
3 years ago
13

Why is market development necessary ?

Business
1 answer:
Yuri [45]3 years ago
6 0
A marketing development strategy is important because it helps a business grow and reach new customers in a planned, structured way. Expanding your audience creates the potential for more leads, more sales, and more revenue, but in-depth research is essential to make sure there's value in targeting new customers.
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Sydney Retailing (buyer) and Troy Wholesalers (seller) enter into the following transactions.
Naily [24]

Answer:

Buyer

May 11 Dr Merchandise inventory 25,000

Cr Account payable 25,000

Dr Merchandise inventory 410

Cr Cash 410

May 12 Dr Account payable 1400

Cr Merchandise inventory 1400

May 20 Dr Account payable 23,600

Cash 22,892

Dr Merchandise inventory 708

(Seller)

May 11 Dr Account receivable 25,000

Cr Sales revenue 25,000

Dr Cost of goods sold 16,750

Cr Merchandise inventory 16,750

May 12 Dr Sales return and allowance 1400

Cr Account receivable 1400

Dr Merchandise inventory 938

Cr Cost of goods sold 938

May 20 Dr Cash 22,892

Dr Sales discount 708

Cr Account receivable 23,600

Explanation:

Preparation of the Journal entry for Buyer

May 11 Dr Merchandise inventory 25,000

Cr Account payable 25,000

Dr Merchandise inventory 410

Cr Cash 410

May 12 Dr Account payable 1400

Cr Merchandise inventory 1400

May 20 Dr Account payable (25,000-1400) 23,600

Cash (23,600*97%) 22,892

Dr Merchandise inventory 708

(23,600*3%)

Preparation of Journal entry (Seller)

May 11 Dr Account receivable 25,000

Cr Sales revenue 25,000

Dr Cost of goods sold 16,750

Cr Merchandise inventory 16,750

May 12 Dr Sales return and allowance 1400

Cr Account receivable 1400

Dr Merchandise inventory 938

Cr Cost of goods sold 938

May 20 Dr Cash 22,892

[(25,000-14000)*97%]

Dr Sales discount 708

[(25,000-14000)*3%]

Cr Account receivable 23,600

8 0
3 years ago
IBM has just issued a callable (at par) 10 year, 6% coupon bond with annual coupon payments. The bond can be called at par in on
Andrew [12]

The bond can be called at par in one year or anytime thereafter on a coupon payment date. Ithas a price of $97 per $100 face value

<h3>What is bond?</h3>

A bond is a type of financial security in which the issuer owes the holder a debt and is obligated to repay the principal of the bond as well as interest over a specified period of time, depending on the terms. Interest is usually paid at regular intervals.

Bonds are one way for businesses to raise funds. A bond is a loan made between an investor and a corporation. The investor agrees to give the corporation a specific sum of money for a set period of time. In exchange, the investor receives interest payments on a regular basis.

To know more about bond follow the link:

brainly.com/question/25965295

#SPJ4

8 0
1 year ago
Under the NASAA model custody rule, an investment adviser would be considered to have custody of client assets if that adviser i
levacccp [35]

Answer:

(ii) A check from a client made out to a third party and does not forward the check within 3 business days .

(iv) Stock certificates from a client and does not return them within 3 business days.

Explanation:

As per the NASAA model custody rule, the investment advisor will have the custody of the assets of the client an associated person only if the adviser accidentally receives ' a check has been made by the client to the third party but it is not forwarded within three business days' and when 'the certificates of stocks from the client not returned to them within three business days.' Thus, these indirect documents make the adviser eligible to have custody of client's possessions. Thus, the <u>options ii and iv</u> are the correct answers.

7 0
3 years ago
Determine whether the following statement is true or false, and explain your reasoning:
Triss [41]

Answer:

The statement is true

Explanation:

As a fact, I agree that with large sample sizes, even the small differences between the null value and the observed point estimate can be statistically significant.

To put it differently, any differences between the null value and the observed point estimate will be material and/or significant if the samples are large in shape and form.

It's also established that point estimate get more clearer and understandable, and the difference between the mean and the null value can be easily singled out if the sample size is bigger.

Suffix to say, however, while the difference may connote a statistical importance, the practical implication notwithstanding, will be looked and studied on a different set of rules and procedures, beyond the statistical relevance.

6 0
3 years ago
#hi makenzie thomas this is the owner of Brainly we or taking away some of your coins because of the inappropriate language and
emmasim [6.3K]

Answer:

girl yk you aint nobodies owner

Explanation:

8 0
3 years ago
Read 2 more answers
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