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3 years ago

In _____, the buyer is often the only member of the buying center involved in the process.

1 answer:

6 0

In the process of straight rebuys, the buyer has this tendency to be the only member of the buying centre that is involved in the operation. In addition to that, the method is also used to describe the when a consumer would have to buy again the same product without referring to the information attached to it.

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When the ace hardware store located in franklin mails an advertising flyer to all the residents in the community, it is an examp

densk [106]

This could be either print media or support media. I believe it is print media.

7 0

3 years ago

Your restaurant has assets of $64,342 and liabilities of $47,266. What is the equity of your business?

Alborosie

Answer:

Equity of the business= $17,076.

Explanation:

Equity as used in business is used to refer to the difference between the worth of a business (its assets) and what the business owes (debts and liabilities).

In other words, total equity refers to the value which is left in the company after the total liabilities must have been subtracted from the total assets.

The formula to calculate total equity is given below:

Equity = Assets - Liabilities

Therefore to calculate the equity above, we have:

Equity = $64,342 - $47,266

Equity = $17,076.

4 0

3 years ago

A stock has annual returns of 5 percent, 21 percent, -12 percent, 7 percent, and -6 percent for the past five years. The arithme

sergij07 [2.7K]

Answer:

Arithmetic = 3%

Geometric = 2.37%

Explanation:

The arithmetic average of 'n' returns is given by:

$A = \frac{\sum r_i}{n}$

For five returns of 5% ,21%, -12%, 7%, and -6%:

$A=\frac{0.05+0.21-0.12+0.07-0.06}{5}\\ A=0.03=3\%$

The geometric average of 'n' returns is given by:

$G=\sqrt[n]{(1+r_1)*(1+r_2)*...*(1+r_n)}-1$

For five returns of 5% ,21%, -12%, 7%, and -6%:

$G=\sqrt[5]{(1+0.05)*(1+0.21)*(1-0.12)*(1+0.07)*(1-0.06)}-1\\G=0.0237=2.37\%$

8 0

3 years ago

From 2000 to 2003, the number of employees at a certain company increased by a factor of 1/4. From 2003 to 2006, the number of e

Rina8888 [55]

Answer:

Let's assume that "X" be the number of employees in 2000.

∵ it's given :

From 2000 to 2003: the number of employees increased by a factor of 1/4

From 2003 to 2006: the number of employees decreased by a factor of 1/3

∴ We can equate the following details:

X×(increase in employee)×(decrease in employee) = 100

X×( $1+\frac{1}{4}$ )×( $1-\frac{1}{3}$ ) = 100

X×( $\frac{5}{4}$ )×( $\frac{2}{3}$ ) = 100

X×( $\frac{10}{12}$ ) = 100

X = 100×( $\frac{12}{10}$ )

X = 120

Therefore, the correct option is (b)

6 0

3 years ago

A company has the following unadjusted account balances at December 31, of the current year; Accounts Receivable of $185,700 and

stellarik [79]

Answer:

a. The amount of the Allowance for Doubtful Accounts that should appear on the December 31, Balance Sheet of the current year is:

= $8,965.

b. Adjusting Journal Entry:

Debit Bad Debts Expense $7,365

Credit Allowance for Doubtful Accounts $7,365

To record bad debts expense and bring the balance of the Allowance for Doubtful Accounts to a credit balance of $8,965.

Explanation:

a) Data and Calculations:

Accounts Receivable balance = $185,700

Allowance for Doubtful Accounts $1,600 (credit balance)

Aging Schedule:

Account Age Balance Estimated Uncollectible Amount

Percentage

Current (not yet due) $96,000 1.00% $960

1—30 days past due 64,000 2.50% 1,600

30—60 days past due 16,000 11.00% 1,760

61—90 days past due 6,500 37.00% 2,405

Over 90 days past due 3,200 70.00% 2,240

Total $185,700 $8,965

Bad Debts Expense:

Allowance for Uncollectible Accounts:

Beginning balance ($1,600)

Ending balance $8,965

Bad Debts expense = $7,365

5 0

2 years ago