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waller company does business in two regional segments: north and south. the foll

ID: 2598941 • Letter: W

Question

waller company does business in two regional segments: north and south. the following annual revenue information was determined from the accounting system's invoice data: north current year 80000 prior year 100000 south current year 260000 prior year 200000 total revenue current year 340000 prior year 300000

using horizontal analysis determine the percentage change in revenues for the north region round to one decimal place

a (20.0)%

b 22.4%

c (22.4)%

d 20.0%

what is meant by the term b2c?

a balance to cash

b book to capital

c business to consumer

d business to cash

Explanation / Answer

1. Answer is a. (20%)

Working:

2. Answer is c. : business to consumer

Transactions conducted directly between Company and its consumers who are end users of the product or service.

North South Total Current Prior Change Current Prior Change Current Prior Change Revenues 80000 100000 -20000 260000 200000 60000 340000 300000 40000 -20.0% 30.0% 13.3%