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2 years ago

At year-end, companies that utilize accrual-based accounting systems complete the measurement process through.

Business

1 answer:

marshall27 [118]2 years ago

8 0

Answer:

At year-end, companies that utilize accrual-based accounting systems complete the measurement process through posting of adjusting entries

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The strategy of setting a single price for two or more units is known as

jekas [21]

Is known as multiple- unit pricing.

8 0

3 years ago

Read 2 more answers

Hunt Incorporated sold $209,000 of accounts receivable to Gannon Factors Inc. on a with recourse basis. Gannon assesses a 2% fin

pentagon [3]

Answer:

Dr Cash $190,190

Dr Due from Gannon Factors $14,630

Dr Loss on Sale of Receivables $16,280

Cr Accounts Receivable $209,000

Cr Recourse Liability $12,100

Dr Accounts Receivables $209,000

Cr Due to Customer $14,630

Cr Interest Revenue $4,180

Cr Cash $190,190

Explanation:

Journal entries

Dr Cash $190,190

Dr Due from Gannon Factors $14,630

Dr Loss on Sale of Receivables $16,280

Cr Accounts Receivable $209,000

Cr Recourse Liability $12,100

Dr Accounts Receivables $209,000

Cr Due to Customer $14,630

Cr Interest Revenue $4,180

Cr Cash $190,190

*7% X $209,000 =$14,630

*2% X $209,000 =$4,180+$12,100=$16,280

5 0

3 years ago

What is positioning? A. A part of a company-driven marketing strategy B. Dividing a market into smaller groups of buyers C. De

sergey [27]

Answer:

D. Arranging for a market offering to occupy a clear, distinctive, and desirable place relative to competing products in the minds of target consumers

Explanation:

Positioning simply consists in establishing a specific market position for the product or service relative to the products or services that the competition offers.

For example, Wal-Mart has found that its most effective positioning strategy is to occupy the market place of the cheapest retail store. Wal-Mart does not try to appeal to everyone, it tries to offer the cheapest products in the market (which in itself has a very wide appeal, but the appeal is not universal anyway).

6 0

3 years ago

Read 2 more answers

The Poison Apple Diner had an average dinner cover charge of $8.75 during the month of September, when 3,000 atrons were served.

skelet666 [1.2K]

Answer:

0.583

Explanation:

Data provided in the question;

Average dinner charges = $8.75

Initial demand = 3,000 atrons

Increase in price = $0.50

Final demand = 2,900

Thus,

change in demand = 3,000 - 2,900 = 100

Now,

The price elasticity of demand = $\frac{\textup{Percentage change in demand}}{\textup{Percentage change in price}}$

also,

Percentage change in demand = $\frac{\textup{Change in demand}}{\textup{Initial demand}}\times100\%$

= $\frac{\textup{100}}{\textup{3000}}\times100\%$

= 3.33%

Percentage change in price = $\frac{\textup{Change in price}}{\textup{Initial price}}\times100\%$

= $\frac{\textup{0.50}}{\textup{8.75}}\times100\%$

= 5.714

thus,

The price elasticity of demand = $\frac{\textup{3.33}\%}{\textup{5.714}\%}$

= 0.583

3 0

3 years ago

An investment adviser representative is also a commisioned representative at a brokerage firm. the iar has developed an asset al

Zolol [24]

Answer:

The options include:

[A] cannot implement the plan

[B] can implement the plan

[C] can implement the plan only if no commissions are charged

[D] can implement the plan only if no management fee is charged

[B] can implement the plan is Correct

Explanation:

Because the client or consumer has been fully disclosed and he agrees that the Adviser / Representative will obtain a management fee and commissions the Advisor / Representative will be allowed to progress with the project.

5 0

3 years ago