In evaluating different market segments, the firm must look at two factors: the segment's overall attractiveness and the ________.

Answers

Answer 1
Answer:

Answer: Company objective and the resources

Explanation:

For evaluating the different types of marketing segment of an organization it basically involve the two main factors such as the overall segments's attractiveness and also the main objective of the company and its resources.

 By evaluating the marketing segment we can easily evaluating each segment of the company so that the company producing the desirable result according to the consumer requirements.

The company objective is one of the type of goals of the company that helps in achieving the desirable result and the opportunities. Therefore, Company objective and the resources is the correct answer.  


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Messing Company has an agreement with a third-party credit card company, which calls for cash to be received immediately upon deposit of customers' credit card sales receipts. The credit card company receives 3.5 percent of card sales as its fee. Messing has $4,000 in credit card sales on January 1.Prepare the January 1 journal entry for Messing Company
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Peter Billington​ Stereo, Inc., supplies car radios to auto manufacturers and is going to open a new plant. The company is undecided between Detroit and Dallas as the site. The fixed costs in Dallas are lower due to cheaper land​ costs, but the variable costs in Dallas are higher because shipping distances would increase. Dallas Detroit Fixed costs $ 560 comma 000 $ 780 comma 000 Variable costs $ 30​/radio $ 22​/radio​a) Based on the analysis of the​ volume, after rounding the numbers to the nearest whole​ number, Dallas is best below and Detroit is best above ▼ radios. ​
b) Dallas​'s fixed costs have increased by​ 10%. Based on the analysis of the​ volume, after rounding the numbers to the nearest whole​ number, Dallas is best below and Detroit is best above ▼ 27,500 7,000 24,600 76,996 20,500 radios.

Answers

Answer: a) below 27,500 units Dallas is best. Above, Detroit is best.

b) below 20,500 units Dallas is best. Above, Detroit is best.

Explanation:

To calculate we shall be using the Point of Indifference Value.

Now, let's borrow x from Algebra and denote it as the Quantity (Q) where the cost of the 2 processes are equal..

a) Total cost = Fixed Costs + ( Variable cost * Q)

Dallas Total Cost = 560,000 + 30x

Detroit Total Cost = 780,000 + 22x

Equating them we get,

560,000 + 30x = 780,000 + 22x

8x = 220,000

x = 27,500 units.

Below 27,500 radio units then Dallas would be preferable due to lower fixed costs. Above 27,500 radio though then Detroit would be better due to lower Variable costs.

b) Dallas costs rise by 10%

= 560,000(1 + 0.1)

= $616,000 is their new cost.

Using the same methodology as A above we say,

616,000 + 30x = 780,000 + 22x

8x = 164,000

x = 20,500 units.

Below 20,500 radio units then Dallas would be preferable due to lower fixed costs. Above 20,500 radio though then Detroit would be better due to lower Variable costs.

If you need any clarification do react or comment.

Define and explain SMART?

Answers

Being smart is something that's grown and cultivated, often by being curious enough to seek out new information and by recognising what you don't already know. Being smart is the ability to put ideas together, and create solutions to problems. Being smart is the ability to focus, concentrate, and communicate.

Describe the main differences for revenue spending between ""for profit"" companies and ""not for profit"" companies. Describe how the main financial documents of Goodwill are similar to those companies that are ""for profit"". Describe how the main financial documents of Goodwill are difference to those companies that are ""for profit"".

Answers

Answer with Explanation:

Requirement 1:

1. Profit Organization

The aim of profit organization is to maximize the wealth of shareholders by increasing its profits. The owners of the company get dividends and appreciation in the value as a return from the company.

2. Nonprofit Organization

The primary mission of Non-profit organization is to benefit the community by helping them and the earnings generation is not the primary goal of the company. ACCA is an entity that delivers quality education to its students and also earns profit on it but the profit margin kept is as low as possible to keep its operation running. Other examples are Rolex, NGO's, National Health Institutes, etc.

In other words, these institutes are for charitable purpose and their primary objective is not making profits.

Key Difference Between Profit Organization and Non-profit Organization​​​​​

  • A profit organization's primary objective is to maximize profits whereas the Non profit organizations work for delivering services and products that helps in uplifting the society from their donations.
  • A profit organization is registered as a sole proprietorship or partnership or a corporation. Whereas Non profit organization is registered as a charity club, association of person, trust, corporations, etc.
  • Usually major source of income of Non profit organization comes from donations, government and corporation grants, subscriptions, etc. Whereas the major source of profit organization is income generated from the sale of goods and services. Non profit organization - the major incomes are donation, grant, legacies, subscription, etc.

Requirement 2:

Profit making organization have to publish all financial statements which includes income statement, balance sheet, cash flow statement, statement of changes in equity, etc whereas the non profit organization only publishes balance sheet and cash flow statement. If the Non profit organization is involved in selling of products and services then the organization will also have to prepare income statement.

The non profit organization doesn't pays andy dividends as it is a charity firm and all it does is, it spends it money for the welfare of the community. Whereas the profit organization have to retain a share of earned profits and then distributes the remainder to shareholders.

The profit making organization publishes changes in equity statement whereas the charitable firm is not required to publish such things because its primary objective is to spend on the welfare of the community.

Identical products, as well as a large number of buyers and sellers, are characteristics of a market. In such markets, sellers of goods influence the prevailing market price, giving them the role of price in the market. True or False: The market for digital cable does not exhibit the two primary characteristics that define perfectly competitive markets.

Answers

Answer:

  • Identical products, as well as a large number of buyers and sellers, are characteristics of a market. In such markets, sellers of goods influence the prevailing market price, giving them the role of price in the market. FALSE: This characteristics correspond to competitive markets, which are those markets where prices are determined by sellers and buyers simultaniouslly, and, none of them individually can exert influence over prices (nor sellers or buyers in particular) . Aditionally, goods or services must be homogeneous or equal.
  • The market for digital cable does not exhibit the two primary characteristics that define perfectly competitive markets: TRUE: digital cable is not an identical product (different sellers offer different options of channels, the service they offer is heterogeneous) and there are not many sellers, in a way that they cannot exert influence over prices. Then, it is not a competitive market.

Journalize entries for the following related transactions of Manville Heating & Air Company. Refer to the Chart of Accounts for exact wording of account titles. Mar. 1 Purchased $90,000 of merchandise from Wright Co. on account, terms 2/10, n/30.
Mar. 9 Paid the amount owed on the invoice within the discount period.
Mar. 11 Discovered that $18,000 of the merchandise purchased on March 1 was defective and returned items, receiving credit for $17,640 [$18,000 − ($18,000 × 2%)].
Mar. 18 Purchased $10,000 of merchandise from Wright Co. on account, terms n/30.
Mar. 20 Received a refund from Wright Co. for return on Mar. 11 less the purchase on Mar. 18.

Answers

Answer:

See explanation section.

Explanation:

March 1,   Purchased     Debit      $90,000

Accounts payable        Credit     $90,000

Note: To record the purchased on account.

March 9,   Accounts payable   Debit  $90,000

Cash                                           Credit  $88,200

Purchased discount                  Credit  $1,800

Calculation: $90,000  - ($90,000 × 2%) = $88,200

Note: To record the payment.

March 11,       No journal entry required.

March 18,    Purchased     Debit   $10,000

Accounts payable             Credit  $10,000

Note: To record the purchased on account.

March 20,   Cash    Debit    $17,640

Refunds payable  Credit    $17,640

Note: To record the return.

Final answer:

The journal entries are indicated for each transaction during March, highlighting purchases on account, payment within discount period, return of defective goods, a second purchase, and a refund received. The entries show how these transactions are reflected in the accounting system of Manville Heating & Air Company.

Explanation:

The journal entries for the transactions of Manville Heating & Air Company in the month of March are as follows:

  1. Mar. 1: Debit Inventory $90,000, Credit Accounts Payable $90,000 (Purchase on account)
  2. Mar. 9: Debit Accounts Payable $90,000, Credit Cash $88,200, Credit Purchase Discounts $1,800 (Payment within discount period)
  3. Mar. 11: Debit Accounts Payable $18,000, Credit Inventory $17,640, Credit Purchase Discounts $360 (Return of defective merchandise)
  4. Mar. 18: Debit Inventory $10,000, Credit Accounts Payable $10,000 (Additional purchase on account)
  5. Mar. 20: Debit Accounts Payable $17,640, Credit Cash $17,640 (Refund received for defective merchandise, less second purchase)

The above journal entries demonstrate the recording of purchasing transactions and returns, considering the discount period and the eventual refund received.

Learn more about Journalizing Entries here:

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A furniture factory produced 1600 standard chairs in eight days. If the factory employed five workers, what was the labor productivity, in chairs per worker per day? A. 40 B. 100 C. 5O D.20 E. 80

Answers

Answer:

A. 40

Explanation:

Calculation for what was the labor productivity, in chairs per worker per day

Using this formula

Labor productivity per day =Company Per day output/ Number of labor

Let plug in the formula

Labor productivity per day= 1600/8 days×5 workers

Labor productivity per day=1,600/40

Labor productivity per day= 40

Therefore the Labor productivity per day will be 40

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