Amy currently volunteers at her local hospital. She would like to one day

In 2012, former Chief Financial Officer (CFO), Jennifer Cue, returned to Jones Soda as Chief Executive Officer, with a mandate t

Dvinal [7]

Part of the new strategy to save the company was to establish B2B partnerships with companies such as 7-Eleven and Fiat, in order to tap into the robust reseller market.

<h3>What is the B2B partnership?</h3>

A B2B partnership is a collaboration between two or more businesses with the aim of creating a win-win situation that will sustain growth and provide substantial value to all parties.
This might take the form of opportunities for product development, marketing, or general corporate growth.

<h3>What is the reseller market?</h3>

The market is made up of wholesalers and merchants that purchase goods to resell.
A reseller purchases goods with the intention of reselling them for a profit later.
Since resellers buy products and services in bulk from suppliers, they frequently get deals.
Then, through the process of resale, resellers establish a connection between producers and customers, delivering goods and services to customers.
These include supermarkets, department stores, and specialist shops like those that provide pet supplies or home improvement products.

Therefore, part of the new strategy to save the company was to establish B2B partnerships with companies such as 7-Eleven and Fiat, in order to tap into the robust reseller market.

Know more about wholesalers here:

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8 0

2 years ago

The following is the ending balances of accounts at December 31, 2016, for the Vosburgh Electronics Corporation. Account Title D

Eduardwww [97]

Answer:

2016 Balance Sheet

$697,000 TOTAL CURRENT ASSETS

$2,064,000 TOTAL NONCURRENT ASSETS

$2,761,000 TOTAL ASSETS

$303,000 TOTAL CURRENT LIABILITIES

$312,000 TOTAL NONCURRENT LIABILITIES

$615,000 TOTAL LIABILITIES

$2,146,000 TOTAL EQUITY

$2,761,000 TOTAL EQUITY + LIABILITIES

Explanation:

2016 Balance Sheet

$67,000 Cash

$132,000 Marketable Securities

$50,000 Treasury Bills

$115,000 Accounts Receivable

$215,000 Inventory

$16,000 Prepaid Expenses

$50,000 Note Receivable

$12,000 Interest Receivable

$40,000 Loans to Employees

$697,000 TOTAL CURRENT ASSETS

$280,000 Land

$637,000 Machinery and Equipment

-$210,000 Accum Depreciation

$1550,000 Buildings

-$620,000 Accum Depreciation

$152,000 Patents

$40,000 Franchise

$200,000 Note Receivable

$35,000 Marketable Securities Long Term

$2,064,000 TOTAL NONCURRENT ASSETS

$2,761,000 TOTAL ASSETS

$189,000 Accounts Payable

$40,000 Taxes Payable

$48,000 Deferred Revenue

$16,000 Interest Payable

$10,000 Dividends Payable

$303,000 TOTAL CURRENT LIABILITIES

$12,000 Deferred Revenue

$300,000 Notes Payable

$312,000 TOTAL NONCURRENT LIABILITIES

$615,000 TOTAL LIABILITIES

$2,000,000 Common Stock

$146,000 Retained Earnings

$2,146,000 TOTAL EQUITY

$2,761,000 TOTAL EQUITY + LIABILITIES

Account of Current Assets , the criteria is to have a liquidity speed less than one year

Cash

Marketable Securities

Treasury Bills

Accounts Receivable

Inventory

Prepaid Expenses

Note Receivable

Interest Receivable

Loans to Employees

Account of Non Current Assets , the criteria is to have a liquidity speed more than one year and are known as fixed assets

Land

Machinery and Equipment

Accum Depreciation

Buildings

Accum Depreciation

Patents

Franchise

Note Receivable

Marketable Securities Long Term

Account of Current Liabilities , the criteria is to have a liquidity speed less of one year

Accounts Payable

Taxes Payable

Deferred Revenue

Interest Payable

Dividends Payable

Account of Non Current Liabilities, the criteria is to have a liquidity speed more than one year and are known as long term financing

Deferred Revenue

Notes Payable

Account of Total Equity

Common Stock

Retained Earnings

Liquidity is defined as the speed of the assets that will be converted into cash, assets that take less days to buy or sell are more liquid than others.

Cash is the most liquid asset, then Accounts Receivable and Inventories for the end, in the middle there are different assets such as capital investments.

Prepaid expenses are not liquid because these accounts do not mean that the company can get cash unless the company has rights to something.

8 0

3 years ago

Unemployment compensation is a. not part of GDP because it is a transfer payment. b. part of GDP because the recipients must hav

Alex17521 [72]

Answer:

a. not part of GDP because it is a transfer payment.

Explanation:

Unemployment compensation includes the funds given to a worker who is currently without a job but actively seeking one. Usually, it is funded from the taxes given to the state by employers.

GDP is the measure (in terms of money) of all goods made or services given in a time period (usually a year) in a particular country. Since the unemployment compensation does not reflect any produced goods or services, it is a <em>transfer paymen</em>t. Thus, it is not included in the GDP.

4 0

3 years ago

Select the incorrect statement regarding flexible budgets. Multiple Choice Flexible budgets often show the estimated revenues an

AleksandrR [38]

Answer:

Option C is the correct answer..

A flexible budget is also known as a master budget is incorrect

Explanation:

A master budget is a term used for aggregation of all budgets prepared by all divisions.

6 0

3 years ago

Read 2 more answers

When using the asset turnover ratio, which of the following is true? a.The ratio measures how effectively a business is using it

Svetllana [295]

Answer:

a business is using its assets to generate sales.

Explanation:

The formula to compute the asset turnover ratio is shown below:

Asset turnover ratio = Net sales ÷ average total assets

where,

Average total assets = (Opening balance of assets + ending balance of assets) ÷ 2

And, the net sales = sales revenue - sales discounts - sales returns

Thus, option A is correct and the rest options are wrong

8 0

3 years ago