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fenix001
11 days ago
9

Kaylee’s customers seem to be buying less of her freshly baked breads and more of her yogurt parfaits and coffees. She begins to

ask customers at the checkout why they made their selection. She learns that many of her customers are choosing a gluten-free diet. She changes her breads and now is selling gluten-free breads and most days sells out. Kaylee used
a. feedback.
b. input.
c. output.
d. a transformational process.
e. complexity theory.
Business
1 answer:
stepan [3K]11 days ago
5 0
d. a transformational process. Explanation: A transformational process entails changes within an organization's output products, reflecting alterations in the inputs aimed at ensuring customer satisfaction. For instance, upon receiving feedback from customers about their purchasing patterns, Kaylee discovered a rising interest in gluten-free options. She adapted her bread recipe to eliminate gluten, resulting in the creation of gluten-free bread that consistently sells out, thus integrating customer feedback into her transformational process.
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The following events occur for The Underwood Corporation during 2021 and 2022, its first two years of operations.
Mariulka [3182]

Answer:

The following journal entries are provided

Explanation:

June 12, 2021

Rendered services to clients on account for $41,000.

                                    DEBIT        CREDIT

Receivable account    $41,000

Services Revenue                        $41,000

September 17, 2021

Collected $25,000 from clients on account.

                                     DEBIT        CREDIT

Cash                           $25,000

Receivable                                    $25,000

December 31, 2021

Estimate that 45% of accounts receivable by year-end will default.

                                                  DEBIT        CREDIT

Bad debt($16,000x45%)           $7,200

Allowance for doubtful debt                       $7,200

March 4, 2022

Rendered services to clients on account for $56,000

                                    DEBIT        CREDIT

Receivable account    $56,000

Services Revenue                          $56,000

May 20, 2022

Received $10,000 from clients for services rendered in 2021.

                                     DEBIT        CREDIT

Cash                          $10,000

Receivable                                     $10,000

July 2, 2022

Wrote off the outstanding amounts from services provided in 2021.

Calculation: $41,000 - $25,000 - $10,000 = $6,000

                                                               DEBIT        CREDIT

Allowance for doubtful debt               $6,000

Account Receivable                                                 $6,000

October 19, 2022

Received $45,000 from clients for services provided in 2022.

                                   DEBIT        CREDIT

Cash                         $45,000

Receivable                                    $45,000

December 31, 2022

Estimate that 45% of accounts receivable at year-end will not be collected.

                                          DEBIT        CREDIT

Bad debt (w)                     $3,750

Allowance for bad debt                     $3,750

Calculation:

($56,000 - $45,000) x45% = $4,950

Balance in Allowance account at December 31, 2021  = 7,200

Bad debt disposed of                                             = 6,000

Remaining balance                                              = 1,200

Thus, the Allowance for doubtful debt at December 31, 2022 = $4,950 - $1,200

Allowance for doubtful debt at December 31, 2022 = $3,750

5 0
1 month ago
Austin borrowed $700 from a lender that charged simple interest at a rate of 9% for 6
harina [3228]

Response:

Initial investment of $700

Interest rate     9%

Duration       6 years

Annual interest: (700x0.09)    =63

Total interest after the loan term: (63x6) = 378

8 0
11 days ago
When talking about buyer-readiness stage in online lecture, we talked about an advertisement that encourages women to buy rings
marusya05 [3096]

Response:

The correct choice is letter "E": Conviction.

Rationale:

The stages of buyer readiness illustrate the process that marketing identifies consumers undergo while making a purchase influenced by advertisements. These stages include: Awareness, Knowledge, Liking, Preference, Conviction, Purchase. In the stage of conviction, marketing is aimed at persuading customers of the product's appropriateness for them. The advertisement seeks to instill confidence in consumers regarding their purchasing decision. Consequently, motivating women to purchase rings for themselves fits within this stage.

4 0
1 month ago
I sell pants that have $5 in variable costs (direct materials and labor). I have $100,000 in fixed costs, and I expect to sell 1
Free_Kalibri [3164]

Answer:

Markup(%) = 216.67%

Explanation:

Markup indicates the profit earned expressed as a percentage of the cost.

Markup = Profit / cost × 100

The cost consists of direct material costs, direct labor costs, and fixed costs.

Cost per unit = 5 + (100,000/10,000)

                     = 15 per unit.

The total cost for a pair is = 2 × 15 = 30.

<pthe profit="" for="" each="" pair="95">$65

Markup(%) =  $65 / 30 × 100 = 216.67%

</pthe>
8 0
28 days ago
Read 2 more answers
In the simulation, explain how the original order results in one $22 fee, while the Wells Fargo reordering results in four $22 f
Scilla [3267]
In a scenario where transactions are recorded in the exact sequence they occurred, the customer owes $22. Conversely, if the transactions are arranged from largest to smallest, the customer’s account balance diminishes rapidly, leading to an overdraft of $88. Explanation: In the original order, one fee of $22 accumulates, resulting in a total debt of $22, calculated by multiplying 1 by $22. However, when sorted descending, four occurrences of the $22 fee arise, resulting in an overdraft of $88, as computed by multiplying 4 by $22.
4 0
16 days ago
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