Answer:
Keeping Dogs in Business Portfolio
Four Reasons:
1. Dogs may be complementing or boosting the sales of other star products. They are good companions.
2. Dogs may be new products. It will take time for them to become star performers. They learn about their environment well, but it takes some time.
3. Dogs may have marginal prices that are better than the marginal cost of new products. As always, most pet owners prefer Dogs to Cats as they are easier to relate with.
4. Dogs have been developed unlike new products that are still undergoing development, which will take some time to go to market. Humans are more accustomed to petting dogs than cats.
Explanation:
Dogs are in one of the quadrants of the BCG Growth-Share Matrix that discusses how an entity's products can be categorized according to their market share. Dogs are always at the center of divestiture. But, some entities still find it difficult to let go of their cherished and sensitive companions due to the reasons enumerated above.
Answer:
$17.51
The cost per equivalent unit for conversion costs for the first department for the month is closest to: C) $17.51
Answer:
October 5 entries
Debit Accounts receivable $6,650
Credit Sales Revenue $6,650
To record sales
Debit Cost of goods sold $3,010
Credit Inventory $3,010
To record the cost of sales
October 8 entries
Debit Sales return $840
Credit Accounts receivable $840
To record sales reversal due to sales return
Debit Inventory $430
Credit Cost of goods sold $430
Explanation:
The perpetual inventory system is the one that ensures that the book balance for inventory is adjusted for every purchase, sale or return of inventory.
When inventory is sold on account, the entries required are debit accounts receivable and credit revenue then Debit cost of goods sold and credit inventory.
Answer: 31155.5
Explanation:
The following can be deduced from the question:
Money won = $1,000,000
Installments made yearly = $50,000
Interest rate = 5%
The yearly deposits made by Svetalana will be: = 500000-x
The future Value of the yearly deposits made by Svetalana will be:
= (50000-x) × (1/(1.05) + (1/(1.05)^2 .....(1/(1+0.05)^20))
= (500000-x) × 33.066
We should recall that the interest from the question is equated to x. This will be:
33.066 × (50000-x) × 0.05 =x
1.6533(50000 - x) = x
82665 - 1.6533x = x
2.6533x = 82665
x = 82665/2.6533
x = 31155.5
<span>Stephanie Seals, a CPA who is working for Brentwood Corporation as a controller is not in a public practice, but she can use her CPA status on her business cards as long as she also includes her employment title on the business cards.</span>