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saul85 [17]
2 years ago
3

Sales this year at Stars and Stripes Consignment have been high, and based on several factors, Stars and Stripes projects next y

ear’s sales to also be good. However, even with a forecast of continued strong sales, Starts and Stripes Consignment needs to develop a plan in case sales drop unexpectedly. ________ is the type of planning for alternative future conditions.
Business
1 answer:
Nana76 [90]2 years ago
3 0

Answer: Contingency planning.

Explanation:

Stars and Stripes company needs to form a contingency plan in case they are hit in the future by an unexpected low sales. A contingency plan is a plan a business makes to contain the effects of having a possibly unfavorable future outcome.

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Kate is the sales representative for a major textbook publisher. When she calls on the business faculty at General University, s
liq [111]

Answer: Users.

Explanation:

There are 7 positions in the Buyer Decision Process which includes the Initiators, the buyers, decision makers, influencers, Users and Gatekeepers.

The Users are the finally people who actually use the product and their opinion matters. They are usually consulted on how to make a product better in the post-evaluation process.

Kate as a sales representative arranged to meet students and got their feedback on textbooks with the aim of using their feedback to make their textbooks better. This would signify that the students play a USER role in the buying centre and their opinion is being used to learn to make a product better. Also, the company sells textbooks and textbooks are usually for students.

3 0
2 years ago
A customer purchased bench from Harrington Stores for $1,250. The bench had originally cost Harrington $450. When the bench was
vovangra [49]

Answer:

Journal entry recorded by Harrington for this allowance:

Revenue $ 450 (debit)

Account Receivable / Cash $450 (credit)

Explanation:

Recording the Sale

When customer purchased bench from Harrington Stores for $1,250 the journal entry is shown as:

Account Receivable/Cash $1250(debit)

Revenue $ 1250 (credit)

This Journal recognises an Income - Revenue and an Asset - Account Receivable when to depict the flow of economic benefits into the entity

Cost of Sale $450 (debit)

Inventory $450(debit)

The above journal records the cost of sale and de-recognises the assets of inventory Bench after the sale is made.

Recording the Allowance

When the allowance is granted economic benefits are flowing out of the entity as a result of <em>decrease</em> in Assets of Cash or Assets of Account Receivable.

We also <em>derecognise </em>the revenue attached to the allowance

Revenue $ 450 (debit)

Account Receivable/Cash $450 (credit)

8 0
2 years ago
On October 1st, a company received $30,000 in cash and a building worth $200,000, and in return, issued common stock to an inves
Lilit [14]

Answer:

1. Journal:

October 1:

Debit Cash $30,000

Debit Building $200,000

Credit Common Stock $230,000

To record the receipt of cash and building for common stock.

2. T-accounts:

Cash Account

Date  Description            Debit       Credit        Balance

Oct. 1 Common Stock  $30,000                      $30,000

Building Account

Oct. 1 Common Stock  $200,000                  $200,000

Common Stock

Oct. 1 Cash                                    $30,000     $30,000

Oct. 1 Building                            $200,000   $200,000

Explanation:

Journal entries show the accounts to be debited and credited respectively.  They are the initial records of a business transaction.  They can be used to post any transaction, make adjustments to the accounts, and close the accounts at the end of the accounting period.

7 0
2 years ago
NEED HELP!!!!!PLEASE!!!! 
Blababa [14]

Answer:

the answer is insurance, jobs, rentals on edgy

7 0
2 years ago
Read 2 more answers
Poulter Corporation will pay a dividend of $3.25 per share next year. The company pledges to increase its dividend by 5.1 percen
JulsSmile [24]

Answer:

current price of the stock P = $55.084

Explanation:

given data

dividend D1 = $3.25 per share

Dividend growth rate g = 5.1 % = 0.051

Required rate of return r = 11 % = 0.11

solution

We can find the price of the company stock today by using Gordon's Growth Model  that is

current price of the stock P =  \frac{D1}{r-g}     ..................1

here D1 is dividend   and r is rate of return and g is growth rate

so here value in equation 1 we get

current price of the stock P =  \frac{3.25}{0.11 - 0.051}

current price of the stock P = $55.084

7 0
2 years ago
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