Answer:
The correct answer is letter "D": All of these answer choices are incorrect.
Explanation:
Retained earnings are the part of the company's net profits which does not pay out as dividends to shareholders. The company keeps this money in the business to reinvest it or uses it to pay off a part of its debt.
When revenues of a company exceed the expenses of a period, the firm has net income. Net income is reported as a credit entry. Thus, the retained earnings will have a credit balance prior to closing.
Question:
You grow lots of different herbs and spices on your certified organic farm, and you can think of many different people and businesses who might be interested in purchasing them. Some of your prospect ideas are obvious, whereas others are a bit of a stretch. What's the best way to segment these prospects so that you can focus on those with the greatest potential first
Options:
A. sort by personal characteristics, such as age and income level.
B. sort by customer types, such as commercial and reseller.
C. sort by customer types, such as restaurants, grocery stores, and food product manufacturers.
D. sort by end-use application, such as food preparation versus food product production
Answer:
The best choice is C) sort by customer types, such as restaurants, grocery stores, and food product manufacturers.
Explanation:
The above choice is called:
Firmographic Segmentation: This refers to focusing ones marketing efforts on Business to Business relationships. This is more beneficial because
- businesses have set standards,
- they are easy to relate with
- they already have a hub of numerous customers waiting to buy from them
- there is an assurance of consistent demand for the herbs
Cheers
Answer:
The cost of goods sold for next month is expected to be $202,500
Explanation:
Given that,
Sales budget = $450,000
Cost of Good sold = 45% of sales
Opening inventory = $20,000
Ending inventory = $24,000
Beginning accounts payable = $206,500
Since, in the given question, it is mentioned that the cost of good sold is 45% of sales.
So,
Cost of Goods Sold (COGS) = 0.45 × $450,000
= $202,500
Hence, the cost of goods sold for next month is expected to be $202,500
Note: we don't considered other things which is mentioned in the question.
342618: Harvard
I am sending these pants back because they are not the size pants I asked for. I asked for a 34 waist, and the ones you sent were 36 instead. I would like for the right pants sent to 911 west michigan rode. Or a complete refund.
(i did not use my real address)
Answer:
Option B is correct.
Tom's outside basis be in Freedom,LLC=$26,100
Explanation:
Option B is correct.
Amount Paid by Tom for buying Bob's LLC interest=$23,000
Tom's Share of LLC debt= $3,100
Tom's outside basis be in Freedom,LLC= Amount Paid by Tom for buying Bob's LLC interest + Tom's Share of LLC debt
Tom's outside basis be in Freedom,LLC= $23,000+$3,100
Tom's outside basis be in Freedom,LLC=$26,100