Answer:
competition based pricing
Explanation:
When a company engages in a competition based pricing strategy, they will set the price of their products or services taking based on the price of their main or direct competitor. The product or service provided by the competitor is used to benchmark both the price and quality of the goods and services offered by the company.
For example, Coca Cola products are used as a price reference for all the soda products sold by other companies.
Answer: $952500
Explanation: targeted equity ratio is 65% = 0.65
Capital budget = $850000
Dividend = net income - (target equity ratio × total budget)
400000 = N - (0.65 × 850000)
Make N the subject of formula
Net income N = $952,500
Answer:
See below
Explanation:
The job description is a document that shows the duties, responsibilities, and skills to perform a specific role. For example;
<u>Negotiate insurance settlement- </u><u>Claim adjuster</u>
The claim adjuster gathers reports and facts to the insurer.
<u>Certifies the financial record of the business-</u><u> Auditor</u>
An auditor ensures the reports and records are well examined in an organization. He or she verify the assets and liabilities.
<u>Help a company build a positive image in the media-</u><u> Public relation specialist.</u>
Public relations help in building trust and creating awareness about the organization.
<u>Negotiates the rates for transportation of goods- </u><u>Cargo and flight agent</u>
cargo and flight agents ensure that shipments are delivered on time, and fees are collected.
Ddddddddddddddddddddddddddddddddd
Answer:
a. Account receivable and sales are understated.
Adjusting entry :
Accounts Receivable (Dr.) $21,000
Sales Revenue (Cr.) $21,000
b. Interest receivable is understated.
Adjusting Entry :
Interest Receivable (Dr.) $470
Interest Earned (Cr.) $470
c. Account receivable and sales are understated.
Adjusting entry :
Accounts Receivable (Dr.) $1,460
Sales Revenue (Cr.) $1,460
Explanation:
Adjusting entries will be created for the transactions that are not properly recorded or either completely not recorded. In the given case the customer is not billed for the services rendered. This has an impact on the asset account of the company because account receivable are understated.
