Below is an EXHIBIT examining size versus growth for the travel industry. ...

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Finance

Below is an EXHIBIT examining size versus growth for the travel industry.
EXHIBIT: Size and Growth Comparisons
Size 2018 Growth
Revenues Market Share CAGR 2008-18
BKNG 14,527 53% 20%
EXPE 11,223 41% 13%
TRIP 1,615 6% 17%
Market 27,365 100% 15%
Using the BCG Matrix in INTRO Strategy (Row 554), answer the following questions.
Which company is the 'Star'?
Which company is the 'Cash Cow'?
Which company would BCG assign a question mark to monitor for longer term potential?
BCG refers to companies as Cash Cows because?

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Required: Prepare closing journal entries. given the following adjusted ledger balance:             Cash                                                               100,000             Accounts Rec.                                                 300,000             Pre-paid expenses                                           50,000             Land                                                                  100,000             Equip.                                                                400,000             Accum. Depr.                                                   175,000             Accts. Pay.                                                       150,000             Notes Pay.                                                         50,000             STAR Capital                                                     100,000             STAR Drawing                                                     25,000             Income Summary                                                   0             Sales                                                                 805,000             Wage Exp.                                                       200,000             Maint Exp.                                                          75,000             Insr.Exp                                                              10,000             Depr. Exp.                                                          20,000

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