Answer:
b. $325,000
Explanation:
The current assets are the assets that are likely to be converted to cash within 12 months. These include cash, inventory, receivables, prepaid expenses etc.
Given;
Inventory = $84,000,
Long-term Debt = $125.000;
Common Stock $60,000;
Accounts Payable $44,000;
Cash $132,000,
Buildings and Equipment $390,000:
Short-term Debt $48.000:
Accounts Receivable $109,000,
Retained Earnings $204,000 Notes Payable $54.000:
Accumulated Depreciation $180.000
Total current asset = $84,000 + $132,000 + $109,000
= $325,000
<u>Answer:</u>
<em>They use non-price competition such as advertising
</em>
<em></em>
<u>Explanation:</u>
Monopolistic competition portrays an industry where numerous organizations offer items or administrations that are comparable, however not immaculate substitutes. Hindrances to section and exit in a monopolistic focused sector are low, and the choices of anybody firm don't legitimately influence those of its rivals. Monopolistic competition is firmly identified with the business technique of brand separation.
Monopolistic competition is a type of rivalry that portrays various ventures that are well-known to purchasers in their everyday lives. Models incorporate eateries, hair salons, attire, and buyer hardware.
1. start with your homework
2. develop effective memorization techniques
3. develop critical reading skills
4. Focus on the areas that require the most attention
5. Improve test taking strategies
Answer:
Salaries payable will be debited for $500
Salaries expense would be debited for $3,500
Cash would be credited for $4,000
Explanation:
Based on the information given the Required journal entry for Jan 3rd will be:
Dr Salaries Payable $500
Dr Salaries expense $3,500
($4,000-$500)
Cr Cash $4,000
Answer:
Letter A is correct.<u><em> Retailer cooperative.</em></u>
Explanation:
Retail cooperative is a collaborative marketing strategy that encompasses collective advertising, branding, promotion, and other efforts to benefit all companies involved in the cooperative.
The choice of participating retailers must be analyzed and selected through strategy so that collective efforts are enhanced. Collaboration can occur through :
- Co-branding
- Cooperative branding
- Practical cooperation
- Complementary Branding
This strengthening strategy is very effective, cooperative marketing strategies assist in brand strengthening, market gain, economies of scale, increased reliability and revenue
