Answer:
B. Defensive Strategy
Explanation:
One thing that is inevitable in business is competition. Dexter decided to use a defensive strategy for his business with his retirement coming in and competition becoming even stronger.
Defensive strategies are management techniques used to "fend off attacks" from competitors. It helps the decision maker hold on to shares of the market. Some companies do this to lower the risk of being attacked when they perceive attacks coming from competitors so in turn, those competitors can focus on other competitors in the market.
Answer:
I used an excel spreadsheet to calculate this:
the least squares regression line:
y = a + bx
y = $2,937 + 3.96x
where y = total cash wash costs and x = rental returns
fixed costs = $2,937 per month
variable cost = $3.96 per car washed
Answer:
Explanation:
The journal entries are shown below:
a. Cash A/c Dr $15,000
To Games revenue A/c $15,000
(Being cash collected)
b. Cash A/c Dr $3,000
Accounts receivable A/c Dr $5,000
To Sales revenue $8,000
(Being cash received for selling of equipment)
c. Cash A/c Dr $4,000
To Account receivable $4,000
(Being cash received for merchandise sold by the company)
d. Cash A/c Dr $2,500
To Unearned revenue A/c $2,500
(Being deposit received for the upcoming fall season)
Answer:
The estimated amount of Bad Debt Expense for the year is $12,950
Explanation:
According to the given data we have the folloiwng:
reported sales during the year= $226,500
credit sales=$185,000
Libby has experienced bad debt losses of 7% of credit sales in prior periods
Therefore, in order to calculate the estimated amount of Bad Debt Expense for the year we would have to make the following calculation:
estimated amount of Bad Debt Expense=credit sales×bad debt losses percentage of credit sales in prior periods.
Hence, estimated amount of Bad Debt Expense= $185,000× 7%
estimated amount of Bad Debt Expense= $12,950
The estimated amount of Bad Debt Expense for the year is $12,950
Answer:
Yes, PepsiCo’s portfolio exhibit good resource fit.
The cash flow characteristics of PepsiCo's six segments are
- Ability to scout for future acquisitions.
- Good credits and return on Investment.
- Reinvestment in the development of business
- Ability to pay off expenses
- Ability to provide a buffer against future financial challenges
- Good sales in and out of season,
The strongest contributors to PepsiCo is:
Frito-Lay North America (FLNA), Quaker Foods North America (QFNA), North America Beverages (NAB), Latin America, Europe Sub-Saharan Africa (ESSA), and Asia, Middle East and North Africa (AMENA)
Frito-Lay ratings is good in that it accounts for 29% of PepsiCo's total revenue as at Septemeber 2019 report.
