Answer:
Boomer blacks
Explanation:
Daniel Yankelovich and Radio One carried out a segmentation study titled <u>The Black America Today study</u> about African American consumers. This study was carried out in order to determine a way to better reach consumers, since general labels like Latino communities or African American communities are too broad for marketing purposes. They segmented African Americans into:
- Connected Black Teens
- Digital Networkers
- Black Onliners
-
Stretched Black Straddlers
-
New Middle Class
- Family Struggles
- Black is Better
-
Sick and Stressed
-
Faith Fulfills
-
Broadcast Blacks
- Boomer Blacks: they represented the oldest group studied by Yankelovich, with an average age of 52. They believe in black roles models, and are very tech savvy. They also belong to upper middle class or upper class.
The amount of cash that should be reported in the company's balance sheet as of May 31 is $2,975.
<h3>
What is a balance sheet?</h3>
- A balance sheet also referred to as a statement of financial position or a statement of financial condition in financial accounting, is a summary of the financial standing of a person or an organization, including a corporation, private limited company, sole proprietorship, business partnership, government agency, or not-for-profit organization.
- As of a particular date, such as the conclusion of its financial year, assets, liabilities, and ownership equity are listed. It's common to refer to a balance sheet as a "picture of a company's financial status."
- The balance sheet is the only one of the four fundamental financial statements that only apply at one particular period in a company's fiscal year.
<h3>Solution -</h3>
Deposits outstanding = $3,050 (+)
actual amount on check my Money corporation = $95 (+)
Service fees = $170 (-)
∴ ![3050+95-170=2975](https://tex.z-dn.net/?f=3050%2B95-170%3D2975)
So, the amount of cash that should be reported in the company's balance sheet as of May 31 is $2,975.
Know more about financial statements here:
brainly.com/question/24498019
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The answer to this question is true.
Answer:
ASSETS = LIABILITIES + EQUITY
<u>cash</u> <u>supplies</u> <u>equip.</u> <u>land</u> = <u>acc. payable common stock</u>
19,000 19,000
-1,500 1,500
12,000 12,000
400 400
<u>-11,000 11,000 </u>
6,500 1,900 12,000 11,000 = 400 31,000
Explanation:
Dr cash 19,000
Cr common stock 19,000
Dr supplies 1,500
Cr cash 1,500
Dr equipment 12,000
Cr common stock 12,000
Dr supplies 400
Cr accounts payable 400
Dr land 11,000
Cr cash 11,000