doubledeclining balance method charges twice the amount of straightline depreciation expense each period. true false

Answers

Answer 1

The given statement is true that, double declining balance method charges twice the amount of straight line depreciation expense each period.

What is the depreciation?

Depreciation is a term in accounting that refers to two aspects of the same concept: first, the actual decrease in fair value of an asset, such as the value of factory equipment each year.

Depreciation is defined as a reduction in the book value of fixed assets. Depreciation is the loss of asset value as a result of time and obsolescence. Depreciation is a continuous process that occurs until the assets reach the end of their useful life.

Therefore, each period, the declining balance method charges twice the amount of straight line depreciation expense.

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Related Questions

Why is creative thinking important to generate business ideas?

Answers

Answer: Creative thinking is necessary for business problem-solving.

Explanation: The skill of creative thinking is a helpful skill because it teaches workers/business owners to find opportunities and ways to improve something even if the situation is challenging. This also lets the person face a problem or situations by a different view. I hope this helped!

sugar skull corporation uses no debt. the weighted average cost of capital is 8.5 percent. the current market value of the equity is $43 million and the corporate tax rate is 21 percent. what is the ebit? (do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to 2 decimal places, e.g., 1,234,567.89.)

Answers

The EBIT for Sugar Skull Corporation is $4626582

Unlevered businesses are those whose only long-term source of funding is equity. Debt serves no use. Therefore, there is no component of fixed financial commitments, and the company is unable to use any fixed financial costs to significantly enhance its EPS with a rise in EBIT.

Value of Equity = $43 million

Cost of capital = 8.5%

Tax rate = 21%

The value of EBIT is calculated using the following formula:

Value of Equity = EBIT(1-tax)/Cost of Equity

43000000 = EBIT(1-0.21)/0.085

43000000*0.085 = EBIT*0.79

3655000/0.79 = EBIT

EBIT = $4626582.27 or $4626582

So, EBIT for the company is $4626582

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True or False: After calculating how much money you have left after paying for all of your monthly expenses, you can
olan on spending up to 50% of that amount on car expenses

Answers

Based on microeconomic theory, it is true that after calculating how much money you have left after paying for all of your monthly expenses, you can

plan on spending up to 50% of that amount on car expenses.

Note that after making a payment on living expenses, such as rent, mortgage, utilities, loans, car payments, and food, the money that remains is discretionary income.

This discretionary income can be used as savings, investment, or spending on your discretionary expenses such as vacations and travel expenses, car expenses.

This is because discretionary expenses are categorized under wants instead of needs.

Thus, given that planning for car expenses is a want, then the statement in the question is True.

Hence, in this case, it is concluded that the correct answer is "True."

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What is the present value of $2,725 per year, at a discount rate of 10 percent, if the first payment is received 8 years from now and the last payment is received 21 years from now?

Answers

discount rate assuming 1200 units of weekly demand

45 weeks make up a year.

Weekly demand divided by the number of weeks in a year (1200 x 45) equals annual demand (D).

Cost of ordering (C) = $55

Holding costs (H) equal 25% of the purchase price, or 25% of $3.20, or 0.25 times $3.20, or $0.8.

EOQ = (2DC/H) = [(2 54,000 55)/0.8] = [(5,940,000/0.8)] = [7,425,000/0.8] = 2,725 units

Answer: D (2,725 units)

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In the accounting equation, assets are equal to which two things?
A. Debits + equity
B. Debits + accounts
C. Liabilities + equity
D. Liabilities + accounts
Please select the best answer from the choices provided
A
B.
OOOO
С
D

Answers

C. Assets are equal to liabilities + equity

Answer:

C. Liabilities + equity

Explanation:

Edg 2021 ...

The use of government taxes and spending to alter macroeconomic outcomes is known as?

Answers

it's known as fiscal policy

What is the answer?? I need help please

What is the answer?? I need help please

Answers

Answer:

B. The mixed economy.

Explanation:

An economy is a function of how money, means of production and resources (raw materials) are carefully used to facilitate the demands and supply of goods and services to meet the unending needs or requirements of the consumers.

Hence, a region's or country's economy is largely dependent on how resources are being allocated and utilized, how many goods and services are to be produced, what should be produced, for whom they are to be produced for and how much money are to be spent by the consumers to acquire these goods and services.

Basically, there are four (4) main types of economy and these are;

I. Command economy.

II. Free market economy.

III. Traditional economy.

IV. Mixed economy.

A mixed economy can be defined as a type of economy in which the government of a particular country is minimally involved in the allocation and production of goods and services while protecting the interest of the consumers and regulating the market by establishing laws.

This ultimately implies that, a mixed economy is a combination of two or more economy such as centralized economy and capitalist economy i.e the state and private sector control the economy in a country.

On average, for every $1.00 that is collected by the credit card companies in principal, how much is collected in interest and fees?

Answers

Answer:

On average for every $1.00, the credit companies collectection in total is 1.50.

Explanation:

On average for every $1.00, the credit companies collectection in total is 1.50.




In
, people invest money in a company in exchange for the company’s
.


Answers

Answer:

In equity crowdfunding, people invest money in a company in exchange for the company’s shares

Explanation:

Equity crowdfunding is the process in which people invest in start up companies and early stage companies that have not been listed on a stock market in exchange for shares in that company. As a result of the investment, the person becomes a shareholder and makes profit when the company do well but if the company fails, shareholders make losses.

Startups and early-stage companies use this method to raise capital.

Select the
correct teamwork characteristic from the drop-down menu.
A characteristic that denotes integrity and truthfulness, along with the absence of lying, cheating,
or theft
v
An act of working together for a common purpose or benefit
A characteristic of being able to complete a required task at a previously designated time
You can demonstrate cooperation by
DONE

Answers

The correct teamwork characteristic is An act of working together for a common purpose or benefit.

What is teamwork?

Teamwork is a process of working collaboratively with a group of people to achieve a goal. In teamwork, each team member will give their best contribution to complete a job or achieve a common goal.

Actually, we've been doing teamwork since we were still in school or college. The simplest example is: group work. The common goal of group assignments is to complete their assignments well, and get good grades or pass the course. To achieve that, each member of the group must do their job well. This simple example also applies to the world of work.

Even though the hard skills you have are very good, you will still need help from other colleagues. Because, humans are social creatures who will always need other people.

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- RBT Requirements Coordinators are responsible for:


•Direct supervision of an RBT only

•All supervision activities of RBTs across an organization

•Administrate paperwork associated with RBT supervision only

•Only activates associated with RBT supervisors

Answers

Answer: All supervision activities of RBTs across an organization

Explanation:

A Registered Behavior Technician I someone who that is closely monitored by BCBA when practicing. The RBT is responsible for implementing behavior-analytic services.

RBT Requirements Coordinators are responsible for all supervision activities of RBTs across an organization.

1. A metal box of weigh 20 N rests on its 1 m by 0.6m side on floor. How
much is the pressure exerted by the metal box on the floor? Take g=
10 m/s?
C.​

Answers

answer:

explanation: Pressure = force / area

P = 20/ 1×0.6

P = 20/0.6

P = 33,33 N/m^2

The pressure exerted by metal box on the floor is 33.34  \(N/m^{2}\)

Pressure is defined as force per unit area.

     \(Pressure=\frac{Force}{Area}=\frac{F}{A}\)

Force,\(F=20N\)  and  Area \(A=0.6*1=0.6m^{2}\)

  Pressure = \(\frac{20}{0.6}=33.34N/m^{2}\)

Therefore, Pressure exerted by metal box on the floor is 33.34  \(N/m^{2}\)

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Describe two (2) reasons(s) for why employee stress is currently at its highest. Explain three (3) business implications employee stress would have on an organisation. 2. The article offers some recommendations on what businesses can do to avoid workplace stress. Provide three (3) OTHER recommendations that Human Resources could consider in order to avoid workplace stress from occurring.

Answers

Employee stress is a serious issue in organisations. This can be attributed to various reasons. The two reasons for the highest employee stress are "Work overload" and "Insufficient resources" described below:

Reason 1: Work overload: In many organisations, employees are assigned more work than they can handle. This can lead to frustration, exhaustion and job burnout, which are all consequences of workplace stress.

Reason 2: Insufficient resources: In some cases, employers may be unaware of the fact that there are not enough resources to complete tasks and projects. It is a common cause of stress that can be reduced by increasing resources, including staffing, technology and other work-related materials.

Business implications of employee stress on an organisation: Three business implications of employee stress are explained below:
Implication 1: Reduction in productivity: Employees who are stressed can not concentrate, and they are more likely to make mistakes, which leads to a decline in the productivity of the organisation.

Implication 2: Increase in absenteeism: The employees suffering from stress often take frequent sick leaves, and this causes a shortage of labour and an increase in absenteeism in the organisation.

Implication 3: Increase in employee turnover: Stress at work can lead to job dissatisfaction and ultimately increase the turnover rate, which costs the company both in time and money.

Three other recommendations that Human Resources could consider in order to avoid workplace stress from occurring: Recommendation 1: Establish a support network: Human Resources can create a support network of colleagues, supervisors, and HR staff who can offer help and support to employees when needed.

Recommendation 2: Encourage physical activity: Encourage employees to take part in physical activities during breaks or after work. This can help to relieve stress and increase productivity.

Recommendation 3: Recognize employee achievements: Acknowledge and reward employees for their accomplishments, no matter how small. It helps to build self-esteem and job satisfaction.

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marian corporation has two separate divisions that operate as profit centers. the following information is available for the most recent year: black division navy division sales (net) $400,000 $350,000 salary expense 23,000 43,000 cost of goods sold 140,000 154,000 the black division occupies 22,000 square feet in the plant. the navy division occupies 33,000 square feet. rent is an indirect expense and is allocated based on square footage. rent expense for the year was $55,000. compute departmental income for the black and navy divisions, respectively. (do not round your intermediate computations)

Answers

To compute departmental income for the black and navy divisions, we need to first allocate the indirect expense of rent based on square footage. The black division occupies 22,000 square feet out of the total 55,000 square feet (22,000 + 33,000), which is 40% of the total square footage.

Therefore, the black division's share of rent expense is $22,000 (40% x $55,000). The navy division occupies 33,000 square feet, which is 60% of the total square footage. Therefore, the navy division's share of rent expense is $33,000 (60% x $55,000).
Using this information and the given figures for sales, salary expense, and cost of goods sold, we can calculate the departmental income for each division.
- Black division:
Net sales: $400,000
Cost of goods sold: $140,000
Gross margin: $260,000
Salary expense: $23,000
Rent expense: $22,000
Departmental income: $215,000 ($260,000 - $23,000 - $22,000)

- Navy division:
Net sales: $350,000
Cost of goods sold: $154,000
Gross margin: $196,000
Salary expense: $43,000
Rent expense: $33,000
Departmental income: $120,000 ($196,000 - $43,000 - $33,000)

Therefore, the departmental income for the black and navy divisions are $215,000 and $120,000, respectively.

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Roddy ricch or youngboy?​

Answers

Answer:

neither there both trash

Explanation:

Answer:

RODDY RICCH

Explanation:

PLEASE MARK BRAINLIEST!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

3rd question is: what is marilyns net annual salary

3rd question is: what is marilyns net annual salary

Answers

Answer:

1. Net monthly pay = $ 3274. 27

2. Net Annual Salary = $ 39291.4

Explanation:

The total deductions from the salary  

$ 79.20 + $ 343.21 + $ 528.01 + $ 290.41 + $ 245 + $ 520 =  2005.83

Monthly Net Pay = Gross pay – Deductions  = 5280.10 – 2005.83 = $ 3274. 27

Net Annual Salary = Net Monthly Pay * 12 = $ 39291.4

1. Net monthly pay = $ 3274. 27

2. Net Annual Salary = $ 39291.4

I want to start my own brand & build a fashion empire. Should I go to a fashion college or to a business school?

Answers

Answer:

Honestly, business would be much better for you. Learning business will give you many more opportunities and learn how to sell your products. Business will help you with marketing, pricing, discounting, and know how to "not get effed over." I believe that would be much better for you THEN go to fashion college.

FIRST ANSWER WILL BE NAMED BRAINLIEST
Which action would effectively and appropriately address a budget deficit?
A. reduce income
B. reduce expenses
C. apply for bankruptcy
D. apply for new credit

Answers

Answer:

It is letter B

Explanation:

Reducing expenses would effectively and appropriately address a budget deficit. Thus option B is correct.

What is the budget?

A budget is a financial plan that projects future earnings and costs. A budget, put simply, forecasts future finances in addition to anticipated revenues and expenditures. Calculating the company's earnings and costs for a set period of time is the procedure for creating a budget.

Increasing tax rates while decreasing government expenditures are the two apparent ways to minimize a budget deficit. the reduction of government spending and/or the raising of taxes, which results in either a rise in the primary surplus or a decrease in the budget deficit. greater taxes and less funding by the government. If public spending is lower than tax receipts, a budget surplus results.

Therefore, option B is the correct option.

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Objectives are needed in every area where performance and results affect the survival and prosperity of business. Explain any three objectives of business.

Answers

Answer:

The major objectives of a business include the following:

1. Profit

2.  Growth

3.  Stability

4.  Efficiency

5.  Survival

Explanation:

1. Profit: this is practically the number one objective of any business, to maximize profit as much as it can. In order words, not just to get back the investment capital, but to earn profit as well.

2. Growth: this involves growing bigger or having an expansion in the number of sales and markets generally. As a customer of a business increases, this is often lead to business growth and more money

3. Stability: to have the stability of operation, without occasional or unnecessary break down in mode of operation or production. This will help to keep the business moving.

Clyde purchased a 4000K television online from Best Buy. The television retails for $749, but Best Buy also offered a 15% discount off the retail price. If the tax rate is 8.25%, how much did Clyde pay for the television at checkout? Round to two decimal places. $702.54 $689.17 $810.79 $729.71

Answers

Answer:

$689.17

Explanation:

In order to find the answer, first you have to calculate the price of the TV after the 15% discount by calculating 15% of the price and subtracting that result from the price:

$749*15%=112.35

$749-$112.35=$636.65

Now, you have to found the amount of the tax and add that to the price:

$636.65*8.25%=$52.52

$636.65+$52.52=$689.17

According to this, the answer is that Clyde paid $689.17 for the television at checkout.

the supposition that no physical or economic condition remains constant is exemplified by the principle of

Answers

The appraisal principle is a principle that exemplified the supposition that no physical or economic condition remains constant. This principle assumes that property values change as a result of external factors, such as economic, political, and social forces.

The appraisal principle is used to estimate the property value. The property value itself is influenced by supply and demand. The estimation of property value is contained in an appraisal report, which includes data collected and analyzed by the appraiser to support the opinion.

The foundation of valuation theory is made up of three major appraisal principles. Each of these principles is as significant to valuation as the law of supply and demand is to economics. These major principles are the principle of substitution, alternatives, and future benefits.

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The interview is the most widespread selection method used to fill positions in organizations. Unfortunately, research on employment interviews has shown that, without proper care, interviews can be unreliable, low in validity, and biased against different groups. One way to improve the interview process is for HR staff to keep the interview structured, standardized, and focused on accomplishing a small number of goals. Moreover, using situational interviews—where applicants are confronted with specific issues, questions, or problems that are likely to arise on the job—have provided pertinent information about the way an applicant may handle the job he or she is applying to fill. In the following case, a local small business is overwhelmed by responses to a job posting and asks an HR consultant to assist in the selection process. In this exercise, please read the mini-case and answer the questions that follow. David Holmes is an HR consultant hired by Beds O' Plenty (BOP), a local mattress company. BOP is a fairly new business that has grown dramatically in the past year. BOP needs to expand its customer service group and is looking to hire two customer service representatives. The HR manager (who also doubles as the head of customer service) is overwhelmed by the response to the company's job opening posted on CareerBuilder.com. The current customer service reps are relatives of the company's owner, and they signed on as a favor to him—even though they had little professional experience in customer service. Now that the department needs to expand, the owner and the HR manager need guidance in setting up a formal selection method for the new employees. 31. Which of the following types of interviews have been shown to have the highest predictive validity? Situational Operational Subjective Experiential 32. Situational interview items have been shown to _____. embarrass job candidates elicit inaccurate information take too much time and effort have a low level of predictability reveal how the candidate is likely to do when confronted with a certain hypothetical situation in the future 33. Which of the following is an example of future-oriented situational interview items? "When you worked at Bedding Experts, how did you deal with disgruntled customers?" "Think about an incident in a previous job where you had a conflict with your boss. How did you handle it?" "How did you work with customer service staff whom you knew lied to customers?" "What was your biggest regret at your previous company?" "Suppose you had an idea to change the service procedures, but your colleagues resisted. What would you do?" 34. Why is it important for Holmes NOT to be the only person interviewing job candidates? He could be too objective in evaluating candidates. He will intimidate job candidates because he is a consultant. He doesn't have a background in customer service. Using multiple interviewers removes biases that a single person might make in choosing an employee. 35. All of the following are positive steps to increase the utility of the selection interview EXCEPT Keep it structured Keep it focused on accomplishing a small number of goals Keep a list of quantitative ratings on a small number of dimensions that are observable Keep it standardized Keep it informal 36. Which of the following types of interviews have been shown to have the highest predictive validity? Situational Operational Subjective Experiential 37. Situational interview items have been shown to _____. embarrass job candidates elicit inaccurate information take too much time and effort have a low level of predictability reveal how the candidate is likely to do when confronted with a certain hypothetical situation in the future 38. Which of the following is an example of future-oriented situational interview items? "When you worked at Bedding Experts, how did you deal with disgruntled customers?" "Think about an incident in a previous job where you had a conflict with your boss. How did you handle it?" "How did you work with customer service staff whom you knew lied to customers?" "What was your biggest regret at your previous company?" "Suppose you had an idea to change the service procedures, but your colleagues resisted. What would you do?" 39. Why is it important for Holmes NOT to be the only person interviewing job candidates? He could be too objective in evaluating candidates. He will intimidate job candidates because he is a consultant. He doesn't have a background in customer service. Using multiple interviewers removes biases that a single person might make in choosing an employee. 40. All of the following are positive steps to increase the utility of the selection interview EXCEPT Keep it structured Keep it focused on accomplishing a small number of goals Keep a list of quantitative ratings on a small number of dimensions that are observable Keep it standardized Keep it informal

Answers

Explanation :

31. Situational interviews have been shown to have the highest predictive validity.

32. Situational interview items have been shown to reveal how the candidate is likely to do when confronted with a certain hypothetical situation in the future.

33. "Suppose you had an idea to change the service procedures, but your colleagues resisted. What would you do?" is an example of future-oriented situational interview items.

34. It is important for Holmes NOT to be the only person interviewing job candidates because using multiple interviewers removes biases that a single person might make in choosing an employee.

35. All of the following are positive steps to increase the utility of the selection interview EXCEPT Keep it informal.

36. Situational interviews have been shown to have the highest predictive validity.

37. Situational interview items have been shown to reveal how the candidate is likely to do when confronted with a certain hypothetical situation in the future.

38. "Suppose you had an idea to change the service procedures, but your colleagues resisted. What would you do?" is an example of future-oriented situational interview items.

39. It is important for Holmes NOT to be the only person interviewing job candidates because using multiple interviewers removes biases that a single person might make in choosing an employee.

40. All of the following are positive steps to increase the utility of the selection interview EXCEPT Keep it informal.

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can i doit without pay

Answers

Answer:

what?

Explanation:

Sweet Catering completed the following selected transactions during May 2016: . May 1: Prepaid rent for three months, $1,800 May 5: Received and paid electricity bill, $70 . May 9: Received cash for meals served to customers, $1,690 . May 14: Paid cash for kitchen equipment, $3,640 . May 23: Served a banquet on account, $2,340 . May 31: Made the adjusting entry for rent (from May 1). . May 31: Accrued salary expense, $3,450 May 31: Recorded depreciation for May on kitchen equipment, $550 If Sweet Catering had recorded transactions using the Cash method, how much net income (loss) would they have recorded for the month of May? If there is a loss, enter it with parentheses or a negative sign. If Sweet Catering had recorded transactions using the Accrual method, how much net income (loss) would they have recorded for the month of May? If there is a loss, enter it with parentheses or a negative sign

Answers

Sweet Catering would have recorded a net income of $470 using the cash method for the month of May, while they would have recorded a net income of $560 using the accrual method for the same period.

If Sweet Catering had recorded transactions using the Cash method, they would have recorded a net income of $1,620 for the month of May, calculated as follows:

Revenue (cash received from customers): $1,690

Expenses:

Electricity bill paid with cash: $70

Kitchen equipment purchased with cash: $3,640

Depreciation on kitchen equipment: $550

Net income: $1,690 - $70 - $3,640 - $550 = $1,620

If Sweet Catering had recorded transactions using the Accrual method, they would have recorded a net income of $490 for the month of May, calculated as follows:

Revenue (meals served on account): $2,340

Expenses:

Prepaid rent (3 months, 1/3 of $1,800): $600

Accrued salary expense: $3,450

Electricity bill (not yet paid): $0

Kitchen equipment (depreciation only): $550

Net income: $2,340 - $600 - $3,450 - $0 - $550 = $490

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Marketing ethics differ from market research ethics because.



1. In Marketing you are dealing with a customer's consent


2. In market research you are dealing with a customer's consent


3. Marketing and advertising does require some personal liability


4. In market research there is no need for confidentiality

Answers

1. Marketing ethics: Focus on customer consent and transparency.

2. Market research ethics: Emphasize customer consent and confidentiality.

3. Marketing involves personal liability, while market research requires data confidentiality.

Marketing ethics differ from market research ethics because:

1. **In marketing, you are dealing with a customer's consent**. Marketing activities involve promoting and selling products or services to customers. Ethical marketing practices require obtaining the consent of customers and ensuring transparency in advertising, pricing, and other promotional activities. Respecting customer consent and privacy is a fundamental principle in marketing ethics.

2. **In market research, you are dealing with a customer's consent**. Market research, on the other hand, focuses on gathering information and insights about customer behavior, preferences, and opinions. Ethical market research involves obtaining the voluntary consent of customers to participate in surveys, interviews, or other data collection methods. Respecting the privacy and confidentiality of research participants is crucial in market research ethics.

3. **Marketing and advertising does require some personal liability**. Marketing activities involve creating and disseminating messages to influence consumer behavior. Marketing ethics encompass the responsibility to ensure that these messages are honest, transparent, and do not deceive or harm consumers. Marketers have a personal liability to adhere to ethical standards and regulations to protect consumers' interests.

4. **In market research, there is a need for confidentiality**. Market research often involves collecting sensitive information from participants. Ethical market research practices require maintaining strict confidentiality and safeguarding the privacy of individuals providing data. Researchers have an obligation to handle and store data securely, ensuring that it is not disclosed or misused in any way.

In summary, marketing ethics and market research ethics differ based on the focus on customer consent, the requirement of personal liability in marketing, and the need for confidentiality in market research. Both fields emphasize ethical practices but address different aspects of the customer relationship and data collection processes.

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how long does it take for tax refund to show in bank account after approved

Answers

Answer:

Assuming no issues, IRS issues tax refunds in less than 21 calendar days after IRS receives the tax return. IRS has an on-line tool, "Where's My Tax Refund", at www.irs.gov that will provide the status of a tax refund using the taxpayer's SSN, filing status, and refund amount.

Explanation:

Carlise: DISCUSS Diely.
1. What do you think is the reason why customer data or information is treated with utmost confidentiality
among all Contact Centers?​

Answers

A lot of computer break-ins occur when people take advantage of security flaws or software issues.

What are Software Issues?

An unexpected issue with software or hardware is known as a bug. Common issues are frequently brought on by unanticipated external interference with the program's performance.

a failure that occurs when the user believes that the software has stopped delivering the desired outcome in relation to the input values specified in the specification. Depending on their impact on the systems, the user may be required to determine the severity of the levels of failure, such as catastrophic, critical, major, or minor.

Software fault, also referred to as a defect, occurs when the anticipated results do not match the actual ones. A computer program's fault, flaw, failure, or error could also be the cause. The majority of bugs are caused by mistakes made by developers and architects.

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On January 22, Zentric Corporation issued for cash 342,000 shares of no-par common stock at $20. On February 14, Zentric issued at par value 9,000 shares of preferred 6% stock, $80 par for cash. On August 30, Zentric issued for cash 31,000 shares of preferred 6% stock, $80 par at $85. Journalize the entries to record the January 22, February 14, and August 30 transactions. Refer to the Chart of Accounts for exact wording of account titles.

Answers

Answer:

Journal Entries

January 22

Dr. Cash                  $6,840,000  

Cr. Common stock  $6,840,000

February 14

Dr. Cash                  $720,000  

Cr. Preferred stock $720,000

August 30

Dr. Cash                                                                   $2,635,000

Cr. Preferred stock                                                  $2,480,000

Cr. Paid in capital excess of par-Preferred stock $155,000

Explanation:

January 22

Common Stock = Numbers of shares issued x Issue price per share

Common Stock = 342,000 shares x $20

Common Stock = $6,840,000

February 14

Preferred stock = Numbers of preferred shares x Price per preferred share

Preferred stock = 9,000 shares x $80 per share

Preferred stock = $720,000

August 30

Cash Received = Numbers of shares x issuance price = 31,000 x $85 = $2,635,000

Cash Received = Numbers of shares x par value = 31,000 x $80 = $2,480,000

Paid in capital excess of par  = $2,635,000 - $2,480,000 = $155,000

1. Develop a marketing plan for the business you described in Final Assignment A by replacing the information in each of the categories below with the information for your own company. You can review the material from this course, from the Part I Review, and from your assignments as needed.



Market Research (5.0 points)



Your marketing plan should include research into the overall market, definitions of market segments, and a description of the specific target market you are aiming for.



In addition, your research should describe industry trends, economic changes, and other factors that could affect your market.




Instruction: Write 1-2 short paragraphs about the target market segments for your company and why you think this company and product will be successful. Are there economic, social, or other trends that make this a good opportunity now?



Product Description (2.0 points)



This section of the marketing plan describes the features of the product and its benefits for people in your target market.



This is where you discuss the needs, desires, and fears of your target market and consider how you can use emotions to make your product's benefits most attractive.



Instruction: Write 1-2 short paragraphs about your product's features and benefits.



Competition Analysis (3.0 points)



In this section, you describe and analyze your company's competition.



This includes direct competitors who offer very similar products, as well as indirect competitors who satisfy the same need or desire in a different way.



This is also where you describe the competitive advantages your product has when compared to these competitors.



Instruction: Describe at least two other companies that are direct or indirect competitors to your company. Explain how you will differentiate yourself from them.



Brand Image Goals (2.0 points)



This section describes your company's current brand image, as perceived by your customers and potential customers.



This is where you describe your goals for your brand image. Make a list of the main qualities you want people to associate with your brand.



Describe the market positioning you want to achieve. How do you want your product to be positioned in people's minds, particularly in comparison to your competitors?



Instruction: Describe your brand image goals in 1-2 short paragraphs. Include at least two qualities that you want people to associate with your brand.�



Financial Goals (2.0 points)



Set measurable marketing goals over a specific period of time, such as an increased number of customers, sales, or income.



Instruction: Decide how much monthly revenue you want the company to make from sales of the product six months from now, one year from now, and five years from now.



Other Marketing Goals (2.0 points)



You may have other marketing goals that you wish to measure.




Instruction: Describe at least one other marketing goal you would like to achieve. 1-3 sentences.



Marketing Message (4.0 points)



Describe the message you plan to communicate to your target market.



This should be a focused message that explains the benefits of the product in a way that appeals to people's needs, desires, or fears.



Instruction: Write 2-3 short paragraphs about the marketing message you will use and why you chose this message. Why does it appeal to your target market?



Pricing (4.0 points)



Discuss your strategy for determining the price of your product.



Explain how your pricing strategy will support your overall brand image, marketing message, and financial goals.



Instruction: Decide what the price for your product will be, and describe at least two factors you considered in determining that price.



Promotional Strategies (4.0 points)



Promotional strategies are the ways you will communicate and support your marketing message.



This includes things like advertising methods, public relations efforts, publicity, and other communications.



Describe in detail each method you will use, such as types of ads and their content, or public relations tools like newsletters, networking, and improving your Web site.



Set timelines for when you will put each promotional strategy into action.



This section of your marketing plan should also describe which things your company will do for itself and which things you will hire other people or companies to do for you.



Instruction: Write 2-3 short paragraphs describing at least two promotional strategies you will use.



Budget (2.0 points)



In this section, you define your overall marketing budget for a specific length of time.



Then break down the budget to show where the money will be spent.





Explain how you decided on these numbers for the budget, and why you think it will be worth spending this amount.



Instruction: Decide what the total marketing budget will be, and make a list of at least four things you will spend money on and how much you think they will cost.
Will Give Brainliest to first response

Answers

Answer:

Final Assignment B  

Market Research-

What will make my market research a more successful plan is the research I've found and done for it. Demographic, Psychographic Geographic, and Behavioral are the three key segments in my market plan. This will aid in the differentiation of gender, age, and lifestyle in my market plan. The Demographic market segment of my market plan is what I'm mostly targeting.

Demographic segmentation separates the market into smaller groups based on criteria like age, gender, and income. Instead of reaching out to the entire market, I'll use this strategy to concentrate resources on a certain segment of my market.

Product Description-  

When people learn about my low prices on the thing I'm offering, they'll be hooked. Everyone deserves luxuries, not some rubbish that turns your neck green after a few rinses, with the most magnificent jewelry and clothing.

People will require this since everyone has an important meeting or a special family gathering, and no one has the same level of luxury as a really wealthy individual. The things aren't visibly made of the same material as Gucci or other more costly locations, but that's part of what makes them so appealing: you get what a millionaire has for a fraction of the cost. People will be ecstatic because they can now buy something they couldn't before, allowing them to make their looks look drastically different and giving them the confidence to go out when others don't.

Competition Analysis-  

Shien, a large clothing company, sells shirts for as little as $12, and every product they sell is quite low. The difference between their company and mine is that mine will sell things at that price, but they will appear to cost more, and everything will be made creatively and not sell fakes.

All of the materials used in the apparel will have a luxurious feel to them and will not appear to be cheap. Every piece of clothing sold will be available in every size, allowing everyone to experience good apparel rather than having to choose between different sizes, causing people to miss out on something truly unique and to their taste.

Brand Image Goals-  

I want my customers to think of my business as a destination. They don't have much money or are saving for something special, but they have been asked to something once in a lifetime, which is where my company comes in. They won't go to any other store since it's so amazing.

The atmosphere in the store will be so pleasant and inviting that customers will wan

Answer:

what about the budget?

Explanation:

true or false when a provider has market dominance, and hence can set its own prices (within reason), it is called a price taker.

Answers

The statement "when a provider has market dominance, and hence can set its own prices (within reason), it is called a price taker" is false because that is called a price setter, not a price taker.

What is a price setter?

A price setter is a business or industry that has control over the market price of goods or services. This is achieved through the use of monopolistic competition, oligopoly, or a monopoly. In an oligopoly, for example, the top four firms account for 80% of the market. These businesses have considerable power over the market since their pricing and output strategies influence market conditions. The company can set its prices above those of its competitors due to its monopoly position. This will be to maximize profits by charging the highest price that consumers are willing to pay.

What is a price taker?

A price taker, on the other hand, is a firm or industry that accepts the market price determined by supply and demand forces. Small businesses and startups are more likely to be price takers since they lack market power to set prices. The market price is the going rate for a product or service. Businesses that do not have a monopoly or oligopoly position are price takers, and they must accept the market price. They have no influence over the market price since their output is minor, and they must accept the market price to be competitive.

What is market dominance?

Market dominance is when a company or group of firms controls a significant portion of the market. A company that holds a significant portion of the market may have an unfair advantage over its competitors, which can lead to a monopolistic or oligopolistic market. When a company has market power, it can charge higher prices or reduce product quality without fear of losing customers. Governments frequently take measures to promote competition and prevent businesses from dominating the market, to protect consumers from paying excessive prices.

Learn more about price setter here: https://brainly.com/question/10572004

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