When you gather primary or secondary data, whal part of the market information management process are you

Vernon runs Buzz, his own event management company, which frequently organizes large corporate events. He has built a good reput

Artist 52 [7]

Answer:

small business

Explanation:

According to my research on the different types of companies, I can say that based on the information provided within the question Vernon's company can be categorized as a small business. A small business refers to any company that is independently owned and has only a small number of employees and resources in comparison with the industry that it is currently in. Since Vernon business is run from his house and he only has 55 employees, he would be classified as a small business.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0

3 years ago

For a recent 2-year period, the balance sheet of Blue Company showed the following stockholders’ equity data at December 31 (in

Misha Larkins [42]

Answer:

Par value of common stock is $2.5

Explanation:

The par value of common stock can determined by dividing the common stock total amount in each of the two years by the shares issued and outstanding in each year as demonstrated below:

2019:

Par value of common stock =Common stock($)/shares issued

common stock($) is $555 million

shares issued and outstanding is 222 million shares

par value of common stock=$555 million/222 million=$2.5

2020:

Par value of common stock =Common stock($)/shares issued

common stock($) is $560 million

shares issued and outstanding is 224 million shares

par value of common stock=$560 million/224 million=$2.5

Ultimately the par value of common stock as shown be computations for both years is $2.5

7 0

3 years ago

The following information relates to a company’s accounts receivable:

Morgarella [4.7K]

Answer:

1. the year-end balance in allowance for uncollectible accounts is $6,680.

2. The bad debt for the year is -$2,320.

Explanation:

1. To calculate the year-end balance in allowance for uncollectible accounts:

First we calculate the Account Receivable which is calculated as thus:

==> Account Receivable (ending balance) = accounts receivable (beginning balance) + Credit sales - cash collected - written off accounts receivable.

==> 300,000 + 1,500,000 - 1,450,000 - 16,000 = $334,000

Therefore the account receivable = $334,000.

Estimated percentage of bad debts = 2%

allowance of uncollectible accounts = Account Receivable x Estimated percentage.

==> $334,000 x 2% = $6,680

Hence, the year-end balance in allowance for uncollectible accounts is $6,680.

2. To calculate the bad debt expense for the year, we use:

allowance of uncollectible acountsl (ending balance) - [Allowance of uncollectible account (opening balance) - accounts receivables written off)

==> $6,680 - ($25,000 - $16,000)

= 6,680 - 9,000

= -$2,320

The bad debt for the year is -$2,320. This is incurred when customers pay for an invoice when it has been written off.

6 0

3 years ago

Read 2 more answers

The Public Company Accounting Oversight Board (PCAOB) has authority to establish which of the following relating to public compa

Dafna1 [17]

Answer: a. Option A

Explanation:

The Public Company Accounting Oversight Board (PCAOB) was formed by the Sarbanes-Oxley Act in the aftermath of the disastrous accounting policies of companies like WorldCom and Enron in the early 2000s to protect investors from such happening again.

The PCAOB monitors companies to ensure that they are complying by the provisions of the Sarbanes-Oxley Act and do so by coming up with both attestation and independence standards that these companies are to adhere to.

3 0

3 years ago

In a crosstabulation

alekssr [168]

Answer: D - both variables must be categorical

Explanation: Crosstabulation is a technique used in the examination of 2 categorical variables. It is also known as contingency table analysis.

Crosstabulation is an analytic and useful tool in marketing research.

It creates a good relationship between the variables with its unique naming. its variables have a low chance of standing alone.

7 0

3 years ago