Answer:
Debit to loss on sale of equipment of $20,000
Explanation:
Data provided in the question:
Selling cost of the equipment = $100,000
Cost of the equipment = $300,000
Accumulated depreciation of the equipment = $180,000
Now,
The book value of the equipment
= Cost of the equipment - Accumulated depreciation
= $300,000 - $180,000
= $120,000
Therefore,
Proceeds for selling
= Selling cost of the equipment - Book value of the equipment
= $100,000 - $120,000
= - $20,000
Here, the negative sign depicts a loss
Hence,
The company’s journal entry to record the sale of the equipment would include a Debit to loss on sale of equipment of $20,000
Answer:
The correct option is option D, that is A set of buyers sharing the common needs or characteristics that the company decides to serve.
Explanation:
The concept of target market is termed as the group of potential customers to whom a company wants to sell its products and services. This group also includes specific customers to whom a company directs its marketing efforts.
Thus
Option A is not correct as it is not the market target, it is the process of market segmentations.
Option B is not correct as it is a the market coverage strategy which targets several segments of the market.
Option C is not correct as it is a method of effective marketing.
So only option D is correct.
Conducting market research on your target audience before building a marketing plan allows you to understand your customers/clients and their needs. By completing a marketing plan that includes demographical research as well as spending and purchasing goals and plans, you can understand how to adjust each of the 4 Ps (Price, Place, Promotion, and Product) to create value for your customers and differentiate your product in the marketplace.
Your answer would be B. The price will go up because supply is low.
Answer:
Explanation:
X1 X2 Z
0 0 0
16 0 4,000
0 10 3,500
8 6 4,100
check the picture attached for more explanation