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Harlamova29_29 [7]
3 years ago
5

Marketing segmentation is the combining of several groups to create a larger target market for a company’s goods and services.

Business
1 answer:
Allushta [10]3 years ago
6 0

Answer:

false

Explanation:

Market segmentation entails dividing target customers into smaller groupings based on their common shared traits. Segmentation places customers into small manageable groups with similar characteristics such as age, gender, interest, occupation, and geographical location. Customers in the same segment are highly likely to respond uniformly to marketing strategies.

Segmentation enables a business to carry out details research concerning each group. It then offers specific products based on the needs of each target segment.

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Tatum Company has four products in its inventory. Information about the December 31, 2021, inventory is as follows: Product Tota
balu736 [363]

Answer:

Tatum Company

1. The carrying value of inventory at December 31, 2021, assuming the LCNRV rule is applied to individual products is:

=  $ 303,000

2. Adjusting Journal Entry:

Debit Cost of Goods Good $38,000

Credit Inventory $38,000

To write-down the value of ending inventory.

Explanation:

a) Data and Calculations:

Product   Total Cost     Total Net Realizable Value    LCNRV

101            $ 136,000        $ 108,000                           $ 108,000

102               99,000             118,000                               99,000

103               68,000             58,000                                58,000

104               38,000             58,000                                38,000

Total        $ 341,000       $ 342,000                          $ 303,000

Write-down:

Cost of inventory =    $341,000

LCNRV of inventory    303,000

Inventory write-down $38,000

8 0
3 years ago
Jorge has a debt ratio of 37 percent and jose has a ratio of 102 percent. they both have the same takeminus−home pay every month
sasho [114]
<span>Jorge has a debt ratio 37% which means he has more money to spend for the month, Jose has debt ratio of 102% which means he has relatively less money to spend in the current month and their take home pay is same. So their current financial situation is Jorge is currently solvent where as Jose is currently insolvent. So these are the conclusion drawn from their debt ratios.</span>
7 0
3 years ago
Anne Dietz at Changi​ #3 (Singapore). Anne Dietz lives in​ Singapore, but is making her first business trip to​ Sydney, Australi
xxMikexx [17]

Answer:

a. The Singapore dollar to Australian dollar cross​ rate is (SGD = 1.00 AUD) 1.0278.

b. The number of Australian dollars Anne will get is 1,070.25 Australian dollars.

Explanation:

a. What is the Singapore dollar to Australian dollar cross​ rate?

Given:

Spot rate​ (SGD = 1.00​ USD) 1.3443

Spot rate​ (USD = 1.00​ AUD) 0.7646

These imply that:

1.3443 SGD = 1.00​ USD ..................... (1)

0.7646 USD = 1.00​ AUD ................... (2)

From equation (2), we divide through by 0.7646 to have:

0.7646 / 0.7646 USD = 1.00 / 0.7646 AUD

1.00 USD = 1.3079 AUD

Substituting this into equation (1) and solve as follows:

1.3443 SGD = 1.00​ USD = 1.3079 AUD

Dropping 1.00​ USD, we have:

1.3443 SGD = 1.3079 AUD

Dividing through by 1.3079, we have:

1.3443 / 1.3079 SGD =  1.3079 / 1.3079 AUD

1.0278 SGD =  1.00 AUD

Therefore, the Singapore dollar to Australian dollar cross​ rate is (SGD = 1.00 AUD) 1.0278.

b. How many Australian dollars will Anne get for her Singapore​ dollars?

This can be calculated as follows:

Number of Australian dollars Anne will get = Amount of Singapore dollars​ Anne wishes to exchange for Australian dollars​ / Singapore dollar to Australian dollar cross​ rate = 1,100 / 1.0278 = 1,070.24712979179 Australian dollars

Rounding to two decimal​ places as required, we have:

Number of Australian dollars Anne will get = 1,070.25 Australian dollars

Therefore, the number of Australian dollars Anne will get is 1,070.25 Australian dollars.

8 0
3 years ago
Crane Sales Company uses the retail inventory method to value its merchandise inventory. The following information is available
Marysya12 [62]

Answer:

C. $222,500 ÷ $313,500

Explanation:

Calculation for cost to retail ratio

COST

Beginning inventory $30,000

Add; Purchases $190,000

Add: Freight in $2,500

Cost $222,500

RETAIL

Beginning inventory $45,000

Add: Purchases $260,000

Add: Net mark ups $8,500

Retail $313,500

Therefore, the cost to retail ratio will be

$222,500 $313,500

5 0
3 years ago
A loss is when:
Kruka [31]
B, you don’t have enough profit
4 0
3 years ago
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