The correct answer in the space provided is lifestyle segmentation. It is because the highlighted text that is provided above falls under the category of lifestyle in which is why it will likely be based on the lifestyle segmentation. Lifestyle segmentation is likely based on the customer's behavior, attitude, perception and as well as their interest.
Answer:
The answer is $243,000
Explanation:
The inventory on July 8 immediately prior to the fire is the CLOSING INVENTORY.
To find this closing inventory, we need to find the gross profit first and then cost of sales.
To find gross profit:
Gross profit margin=gross profit ÷sales.
Gross profit margin is 20% or 0.2
Sales is $690,000
Therefore, gross profit is:
0.2 x $690,000
=$138,000
To find cost of sales:
Gross profit = sales - cost of sales.
Gross profit is $138,000
Sales is $690,000
Therefore, cost of sales is
$690,000 - $138,000
=$552,000.
And finally to get closing inventory:
Cost of sales = opening inventory + purchases - closing inventory.
Cost of sales = $552,000
Opening inventory = $140,000
Purchases = $655,000
Closing inventory = $140,000+$655,000-$552,000
=$243,000.
Answer:
Total cash to be realized in March = $468,000
Explanation:
As for the provided information, the details are:
Realization of sales:
In the month of Sale = 70%
In the month following sale = 20%
In the next to month following sale = 10%
Thus, for the month of March: Realization shall be:
Sales of March = 70% = $525,000
70% = $367,500
Sales of February = 20% = $375,000
20% = $75,000
Sales of January = 10% = $255,000
10% = $25,500
Total cash to be realized in March = $468,000