Identify a product or service that both you and your parents or grandparents have purchased, but through different distribution channels

Answers

Answer 1

The internet has drastically changed many channels of distribution including the search for jobs.When my parents were young they would have to go into a business and ask if they were hiring or seek out a temp agency to help them find jobs.

What is internet?

The Internet is a huge network that connects computers worldwide. People can share information and converse via the Internet from any location with an Internet connection.

The Internet offers a variety of online services. Here are a few examples: The web is a collection of billions of webpages that may be viewed using a web browser. Email is the most frequent way for people to send and receive messages online. Social media refers to websites and apps that enable users to exchange comments, photographs, and videos.

The term internetted was first used in 1849 to denote interconnected or interwoven. In 1974, the term Internet was adopted as a shorthand for Internetwork.

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Related Questions

Derrick recently got married and has a small child. for the first time in his life, he worries about what will happen to his home and his other property after he dies. he also wants to make sure his child is taken care of if he dies. what should derrick prepare?

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A will / testament is a legally binding document that expresses the person desires as to how they would want to use or distribute their belongings after their death and also that occurred after to their belongings. As to which persons is responsible for handling their property.

What is Legally binding contracts??Legally binding agreements are agreements made between two or more parties that are enforceable by law and are valid according to national and state contract laws. Because a agreement is legally binding, all parties must follow the words and do what the contract says they should.A “binding contract” is any contract that's legally enforceable. That means if you sign a binding contract and don't meet your end of the bargain, the other party can bring you to court.

Complete question is given below,

A. a will

B. a power of attorney

C. a health insurance policy

D. a consideration

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The observation that as more and more of a variable input is added to an existing fixed input, eventually the additional output produced with that additional input falls is known as the law of:_______

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Additional input falls are known as the law of diminishing marginal productivity.

The law of diminishing marginal productivity is an economic principle usually taken into consideration by managers in productivity management. Usually, it states that benefits gained from slight improvement at the input side of the production equation will only advance marginally per unit and may level off or even decrease after a specific point.

The law of Diminishing Marginal productiveness applies to all forms of businesses, along with service providers, manufacturing concerns, and software houses. This phenomenon indicates that regardless of having the resources to have enough money for maximum machinery or labor, it will not bring about greater productivity after a certain point. The reason is that it becomes much less green and then, inefficient.

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Inge industries received $3,000 from a customer for services rendered and not previously recorded. inge's general journal entry to record this transaction will be:_____.

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Inge industries received $3,000 from a customer for services rendered and not previously recorded. inge's general journal entry to record this transaction will be Debit cash, credit Services Revenue.

An account for revenue (or money) is called service revenue. It is the first item in the body of a service business's income statement.

It is significant to highlight that client or customer advanced collections are not yet regarded as service revenue. Only once the services are provided do they constitute a portion of service income.

Services that have already been provided but for which fees have not yet been paid are regarded as service revenue.

This is consistent with accounting's accrual approach. Regardless of when payment is received, service income is recognized when it is earned. When the services are provided or carried out, it is earned.

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Lana has worked on many teams before, but she always felt like she ended up doing a lot of the work. if lana could form her own team, she should look for someone who _____. a. has good communication skills b. has a positive attitude c. does their share of the work d. all of the above please select the best answer from the choices provided a b c d

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Lana has worked on many teams before, but she always felt like she ended up doing a lot of the work. if Lana could form her team, she should look for someone who (d.) all of the above.

Why good combination is important?When communication is successful, everyone engaged feels content and accomplished. Delivering messages eliminates the possibility of misinterpretation or message modification, reducing the likelihood of conflict. Effective communication is essential for ensuring that conflicts are resolved in a courteous way when they do occur.What is the importance of a positive attitude?Mentally, having a cheerful outlook makes you more attentive, reduces stress, and lowers your risk of developing depression and other mental health issues. Anything that lowers your risk of developing physical and mental diseases is essential in life.The most advantageous of all. You live longer if you have a good attitude toward life.

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Answer: D). all of the above

Explanation:

trust I took the test

If title to merchandise purchases passes to the buyer when the goods are shipped from the seller, the terms are.

Answers

FOB shipping point

Explanation:

FOB affects the buyer's inventory cost adding liability for shipped goods increases inventory costs and reduce net income.

Ways in which woolworths contributes its time and effort in improving the well being of communities

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For many years, Woolworths has worked with structured charity organisations to donate surplus food from food stores to communities who need the support. This contributes to the alleviation of hunger in local communities, as well as reduces food waste to landfill from our own operations

How can Woolworths improve?

Woolworths said a new pricing and value strategy will be implemented to neutralize Cole and contain Aldi's impact on Woolworths' sales. Measures will include lower pricing, better ranging, targeted customer offers using a revised and improved loyalty system, and a detailed strategy for improving its Own Brands.

How does Woolworths contribute to the economy?

In serving an average of 26 million customers per week, Woolworths makes a significant contribution to the Australian economy with annual sales of more than $51 billion and a workforce of more than 170,000 team members across metropolitan and regional Australia.

Does Woolworths give to charity?

Not only does Woolworths provide us with regular food and grocery donations, they also help us source food across Australia by facilitating introductions and support from their primary and independent producers.

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It is believed that believe that certain media members tend to ignore stories critical of government and big business because __________________.

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It is believed that believe that certain media members tend to ignore stories critical of the government and big business because the typical journalist has a relatively elite background. This is further explained below.

What is a journalist?

Generally, a person whose job is to write for newspapers, periodicals, or websites that report the news, or to prepare news for transmission.

In conclusion, Because the average journalist comes from a relatively privileged background, there is a widespread perception that some members of the media have a tendency to disregard news that is critical of the government and large businesses.

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Can anybody choose the correct answers pls...​

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Economics is an inquiry into the nature and causes of The Wealth of Nations. (Option C).

Who made the above statement?

Scottish-born Adam Smith, a philosopher and economic theorist, was born in 1723.

He is most known for his revolutionary work on economics, "An Inquiry into the Nature and Causes of the Wealth of Nations," published in 1776.

What would happen if the market for goods are located far  form the factory that you have established?

The above scenario would translate into added costs which may lead to a loss. The additional cost will come from transporting goods to a far market. Hence the correct answer is option C.

Two type of related commodities are:

Supplementary and complementary goods (Option D).

Two things are considered supplementary or complementary when they are utilized in tandem. For instance, if you own a car, you also need gas to power it.

A supplemental item if you own a television would be an Amazon widget, which gives you access to a far wider selection of television shows.

Which of the following conditions implies extension of supply?

The condition where there is higher price, leading to higher supply meets the above criteria. Hence the correct answer, which corresponds with the law of supply, is Option D.

What is Tertiary Sector economic activity?

The tertiary sector encompasses a wide range of activities, including commercial and personal services, education, health care, social work, transportation, financial and real estate operations, and administration.

Hence the correct answer is (option A)

Car and Petrol are examples of?

The above are examples of complementary goods (Option A). This is because, you need petrol to be able to run a car.

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If the price of the common stock should decline by 50 percent, would the price of the convertible bond decline by the same percentage? briefly explain your answer

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If the price of the common stock declines by 50 percent, the price of the convertible bond will also decline by the same percentage

If the stock price falls, the short seller profits by buying the stock at the lower price closing out the trade. Convertible bonds tend to offer a lower coupon rate or rate of return in exchange for the value of the option to convert the bond into common stock.

Thus, if the price of a convertible bond will move in tandem with the price of the common stock, so if the stock price declines, the convertible bond price will follow suit.

Hence, convertible bonds typically carry lower interest rates payments.

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The​ ________ is the optimum budget to managers that plan revenues and expenses at different sales volumes.

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The​ Flexible budget is the optimum budget to managers that plan revenues and expenses at different sales volumes.

What is Flexible budget?

According to changes in actual revenue or other activities, a flexible budget can be adjusted. The end result is a budget that closely matches actual outcomes. This strategy differs from the more typical static budget, which only lists fixed spending figures that don't change in accordance with actual revenue levels. The flexible budget is a useful tool for assessing the performance of managers since it adjusts itself based on activity levels; the budget should nearly match expectations at any number of activity levels. Managers can use it to model the anticipated financial outcomes at various activity levels, making it a useful planning tool.

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The chances of a risk event occurring as a project proceeds through its life cycle tend to.

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The chances of a risk event occurring as a project proceeds through its life cycle tend to Slowly drop.

what is a risk event?

A risk event is something that is uncertain and matters. Matters in the sense that it prevents objectives from being met. Similarly, an opportunity event is something uncertain and important — important in the sense that it contributes to the achievement of goals.

Any unforeseen or unexpected occurrence that can result in losses for investors or other stakeholders in a company or investment is referred to as event risk.Credit default swaps and other credit derivatives can be used to hedge against credit events such as default or bankruptcy.Natural disasters and theft, for example, can be mitigated by insurance policies that cover such risks.

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You can give numerical ratings to possible career choices to help determine if they are right for you by creating a(n)_____. a. letter of recommendation b. individual career plan c. personal career profile d. decision-making process please select the best answer from the choices provided a b c d

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You can give numerical ratings to possible career choices to help determine if they are right for you by creating a personal career profile.

A professional profile is what?A career profile is typically only referred to as a resume summary or a career profile, which are some quick remarks at the top of the CV.Creating a personal career profile enables you to rate potential careers and determine whether they correspond with your values and interests.What makes a decent profile summary?No more than four succinct sentences should comprise your professional profile. Your profile can be written as a brief paragraph or a list with bullets. Include your job title and the duration of your education or work experience. For the position, emphasize your professional qualities.

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Answer: c

Explanation: personal career profile.

Marc and Julian are considering the following investments for their portfolio. Help them evaluate each one by weighing the risks versus return. Rank each as low, moderate, or high in each category.

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In the given investments for Marc's and Julian's portfolio the risk-return tradeoff The assertions made will follow the risk to returns principle that says the greater the risk the greater the returns. In the categories let,

L= low

M= moderate

H= high in each category.​

Therefore, appropriate ranking will show

More about evaluating risk and return:

The risk-return tradeoff, often known as the relationship between risk and prospective return on investment, is one of the tenets of investing. Investors are aware that, for the majority of stocks, bonds, and mutual funds, taking on more risk or volatility increases the possibility of better returns. Investors look at an investment's alpha, beta, standard deviation, and Sharpe ratio to calculate the risk-return tradeoff.

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In home replication strategy, knowledge flow is multidirectional, while in transnational strategy, it is one-way.
a. true
b .false

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In home replication strategy, knowledge flow is multi directional, while in transnational strategy, it is one-way. This statement is False.

The companies offer standardized products and exploit the parent companies knowledge through the world. Their key strategic capability basically is to transfer the home countries innovations worldwide.

An example can be taken from the German automotive industry, which uses a home replication strategy when entering new markets.

The businesses provide uniform products and make use of the parent firms' knowledge globally. Their primary strategic capability essentially consists of exporting domestic ideas to other countries.

The German auto sector, which employs a home replication strategy when entering new markets, serves as an illustration.

Hence, option B is correct.

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Ddt was harmful to birds because it prevented them from laying eggs. please select the best answer from the choices provided t f

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True DDT harmful to birds because it controlled them from laying eggs.

Dichlorodiphenyltrichloroethane and its metabolite Dichlorodiphenyldichloroethylene vary the hormones, that alter the calcium metabolism and influence the reproduction and growth of birds exposed to it.

How did DDT affect birds?Wurster dissected the samples mostly American Robins, as well as a few Yellow-rumped Warbler and discovered that DDT had caused the birds to renounce control of their nerves and muscles. Many died after undergoing major convulsions.They sorrow from reproductive collapse as their eggs needed acceptable calcium.DDT diluted and thinned eggs of birds that result in the death of their source.

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Answer:

True

Explanation:

Got it right edge 2022

Project l costs $50,000, its expected cash inflows are $14,000 per year for 7 years, and its wacc is 9%. what is the project's payback? round your answer to two decimal places

Answers

The Project’s Payback Period will be 3.57 Years.

Payback Period:

The number of years required to recover the initial financial investment is referred to as payback time. It is, in other words, the length of time that a machine, facility, or other investment has generated enough net income to pay its investment costs.The Payback Period illustrates how long it takes a business to recoup its investment. If a project's ability to pay back its investment in the shortest amount of time is crucial to a company, this form of research enables them to assess other investment alternatives.Simply divide the initial cash outlay of a project by the amount of net cash inflow that the project generates annually to learn how to calculate payback period in practice. As you calculate the payback period, you can assume that the annual net cash inflow is constant.Project’s Payback Period = Initial Investment Cost/Annual Cash Inflow= 50,000/ 14,000 per year = 3.57 YearsHence, the Project’s Payback Period will be 3.57 Years.

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A __________________ often results in an outflow of financial capital leaving the domestic economy and being invested in the global economy?.

Answers

A trade deficit often results in an outflow of financial capital leaving the domestic economy and being invested in the global economy

What is trade deficit?

A country has a trade surplus or positive trade balance if it exports more than it imports; on the other hand, a country has a trade deficit or negative trade balance if it imports more than it exports. About 60 of the 200 countries as of 2016 had a trade surplus.

The majority of trade specialists and economists dispute the idea that bilateral trade imbalances are undesirable in and of themselves.

The difference between the monetary value of a country's exports and imports over a specific time period is known as the balance of trade, commercial balance, or net exports (often denoted as NX).

A distinction between a trade balance for products and one for services is occasionally drawn. A flow of exports and imports over a specific time period is measured by the balance of trade. The term "balance of commerce" does not necessarily imply that exports and imports are "equally balanced."

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If a perfume store currently sells perfume for $30 a bottle and averages $2000 sales per month, what sales might they anticipate if they raise the price to $40 a bottle?

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Previously, the perfume cost was $30 per bottle if they raise to $40 and sales of $2000 at $30. when the prices increase the demand decrease, so let the elasticity of demand is 1, which means its unitary elastic. So sales decrease proportionally means it will decrease to 1500.

Problem-solving is the act of defining a trouble; determining the reason of the trouble; identifying, prioritizing, and deciding on alternatives for a solution; and implementing a solution. The trouble-fixing system.

Problem-solving starts with figuring out the issue. as an instance, a trainer may need to determine out how to improve scholar performance on a writing proficiency take a look at. To do that, the trainer will evaluation the writing exams looking for areas of development.

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A consequence of an economic activity that is experienced by unrelated third parties is known as a/an:________.

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Answer:

An externality

The main argument against this solution is that the level of entitlements as a fraction of gdp is predicted to:________.

Answers

The main argument against this solution is that the level of entitlements as a fraction of GDP is predicted to rise so high that raising taxes would dramatically increase the tax burden on the economy and impede economic growth.

A country's gross domestic product (GDP) is the sum of the market values of all the finished products and services produced within its borders during a certain time period. It serves as a thorough assessment of a particular country's economic health as a broad indicator of entire domestic production.

Although GDP is frequently estimated on an annual basis, it is also occasionally calculated on a quarterly basis. In the United States, for instance, the government produces an annualized GDP estimate for both the calendar year and each fiscal quarter.

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A company had interest expense of $5,700, income before interest expense and income taxes of $17,800, and net income of $8,200. the company's times interest earned ratio equals:______.

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A company had an interest expense of $5,700, income before interest expense and income taxes of $17,800, and net income of $8,200. the company's times interest earned ratio equals 3.12 times.

The values given in the question are as follows:

Fixed Interest Expense = $5700

Income before Interest Expenses and Income taxes = $1780

The calculations for computing Times Interest Earned Ratio are as follows:

Times Interest Earned Ratio = Income before Interest Expense and Income taxes / Interest Expense

 = 17800 / 5700

    = 3.12 times

Hence, the answer is "3.12".

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When it comes to producing and selling goods, compared with a rival firms goods, a perfectly competitive firm goods are ________.

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A perfectly competitive market is a market structure characterized.

Market structure refers to how different industries are categorized and differentiated based on the degree and type of competition for services and goods. four general types of market structure include perfect competition, oligopoly market, monopoly market, and monopolistic competition.

Economic market structures can be divided into four categories: perfect competition, monopolistic competition, oligopoly, and monopoly. The categories are distinguished by the following characteristics: the number of producers is large in monopolistic competition, few in oligopoly, and one in monopoly.

“Market structure” refers to the various market characteristics that determine the relationships between sellers, sellers, buyers, etc.

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At what interest rate does the demand curve for reserves become perfectly elastic?

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At the interest rate the Fed pays on​ banks' reserve balances, interest rate does the demand curve for reserves become perfectly elastic.

The central banking system of the United States of America is the Federal Reserve System, usually referred to as the Federal Reserve or just the Fed.

With the passage of the Federal Reserve Act on December 23, 1913, it was established in response to the need for centralized control of the monetary system to prevent financial crises following a string of financial panics, including the Panic of 1907.

The Federal Reserve System's functions and responsibilities have grown over time as a result of occasions like the Great Depression in the 1930s and the Great Recession in the 2000s.

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Select the correct answer. who makes decisions regarding changes in the discount rate? a. the president b. the board of governors c. treasury officials d. the reserve banks

Answers

The correct answer is option B.

The board of governors make decisions regarding changes in the discount rate.

What is board of governors?The Federal Reserve System is governed by the Board of Governors, which is based in Washington, D.C. It is governed by seven individuals, known as "governors," who are appointed by the American president and approved in their roles by the American senate. In order to advance the objectives and carry out the duties assigned to the Federal Reserve by the Federal Reserve Act, the Board of Governors directs how the Federal Reserve System is run. The FOMC, the section of the Federal Reserve that determines monetary policy, includes all of the Board members. The periods of each member of the Board of Governors are staggered so that one term ends on January 31 of every even-numbered year. Each member is appointed to the position for a 14-year period.

When the Reserve Banks lend to depository institutions and others, as well as when they offer financial services to depository institutions and the federal government, the Board also offers general oversight, direction, and counseling.

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Consider an economy that is operating at its steady state. an increase in the investment rate in this economy will lead to:______

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Consider an economy that is operating at its steady state. an increase in the investment rate in this economy will lead to a temporary increase in the growth rate.

In the Solow model, a larger saving rate has no long-term impact on the growth rate. Higher steady-state capital stock and level of output do follow a higher saving rate. The growth rate briefly increases as production changes from a lower to a higher steady-state level. Low rates of saving the result in small capital stock in the steady state and low levels of output in the steady state. Only in the near run do higher savings translate into quicker economic development. Up until the economy reaches its new steady state, an increase in the saving rate causes growth to accelerate.

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________ income is the money available to a household over and above that required for a comfortable standard of living.

Answers

Answer is Discretionary income
Reason
Discretionary income is the extra income you have after paying for basic necessities, discretionary meaning available for use at the discretion of the user.

_____ is defined as a felony charge for thefts of property worth more than a statutorily determined amount of money (such as $1,000)

Answers

Grand theft  is defined as a felony charge for thefts of property worth more than a statutorily determined amount.

A criminal is a crime of high seriousness, compared to much less severe misdemeanor offenses. in the felonies are generally crimes which have a capacity punishment of over a year of incarceration. The crime continues to be considered a criminal even supposing the defendant gets a sentence of under a 12 months of incarceration.

Grand larceny, commonly known as grand robbery, is a extreme criminal offense consistent with California Penal Code laptop which defines this theft crime as the unlawful taking of someone else's assets when that belongings's value is greater than, the property is a firearm or vehicle, or taken straight.

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According to the sarbanes-oxley act, who is responsible for the corporation's financial statements?

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According to the Sarbanes-Oxley act, auditors is responsible for the corporation's financial statements.

The 2002 Sarbanes-Oxley Act imposes strict penalties for corporate fraud. To regulate the accounting sector, it established the Public Company Accounting Oversight Board. It prohibited business loans to executives and provided job protection for informants.

The Act improves the corporate boards' financial savvy and independence. It holds CEOs liable for any faults found during accounting audits.

The Act is named for its sponsors, Congressman Michael Oxley of Ohio and Senator Paul Sarbanes of Maryland. Additionally known as "Sarbox" or "SOX," The law was enacted on July 30, 2002. It is enforced by the Securities and Exchange Commission (SEC).

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Costs that have already been incurred and cannot be avoided regardless of what a manager decides to do are ______ costs.

Answers

Costs that have already been incurred and cannot be avoided regardless of what a manager decides to do are sunk costs.

A Sunk cost is what?Money that has already been spent and cannot be recouped is referred to as a sunk cost. The sunk cost phenomenon in business is an example of the notion that one must "spend money to make money." A sunk cost is distinct from potential future expenses a company can incur, such as choices on the price of products or the cost of purchasing inventories. Sunk costs are disregarded while making future business decisions since they won't change regardless of the choice made.Give an example of Sunk cost.Let's say XYZ Clothing produces baseball gloves. It leases a factory for $5,000 each month, and the machinery was paid in full for $25,000 before. The business makes a simple glove model for $50 and sells it for $70. The producer can make a $20 profit on each basic model sold. As an alternative, it can carry on with production while spending an additional $15 and sell a premium model glove for $90.The company weighs the $20 increase in revenue against the $15 additional cost when deciding whether to produce the premium glove to generate a $5 profit. The cost of the factory lease and the cost of the equipment are both buried expenses and are not taken into consideration when making decisions.Sunk costs become important costs and ought to be included in company choices on upcoming events if they can be removed at some point.Any sunk costs that have expiration dates should be taken into consideration, for instance, if XYZ Clothing is thinking about closing a production plant. XYZ Clothing weighs the revenue that would be lost if production stopped along with the expenditures that would also be eliminated when deciding whether to close the facility. If the factory lease expires in six months, the lease cost should be included as an item that can be reduced or eliminated since it is no longer a sunk cost. The plant should be shut down if the overall costs exceed the revenue.

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What is a group of institutions that organize around a common set of concerns within a given industry?

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A group of institutions that organize around a common set of concerns within a given industry is called an association.

An association is a group of people organized for the pursuit of a specific purpose. For instance, family is an association organized for the preparation of children, while marriage is its main institution.

Association is important as it provides opportunities to meet and engage with peers and colleagues. Associations are made up of people who share similar challenges and opportunities.

Hence, a group of institutions that organize around a common set of concerns within a given industry is called an association.

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Which pesticides are exempt from the notification, posting and reporting requirements of the healthy schools act?. What is the most important question to ask when analyzing a primarysource? A. Who is the intended audience?B. Has anyone else made similar sources?D. How long is the source?C. Is the source written in English? In a(n) ________ selection control structure, one path is taken if a condition is true and the other path is taken if the condition is false. boolean Talia noticed that she does not have a common factor. What should she do?Talia needs to leave the polynomial as is because it is prime and cannot be factored.Talia needs to factor out a 3x from the first group and a 4x from the second group.Talia needs to factor out a negative from one of the groups so the binomials will be the same.Talia needs to apply the distributive property to get the expression (3x + 4)(5x 1). Define narrative writing strategies, including point of view, pace, plot elements, plot structure types, mood, tone, dialogue, and description. Explain how the narrative writing strategies listed above can be used for different purposes in texts. For example, what is the purpose of using dialogue in a narrative? Give other models from the list. A _____ plans and develops services and educational programs that address patterns of human development related to aging. If the quantity of loanable funds supplied exceeds the quantity of loanable funds demanded, there is a Group of answer choices surplus and the interest rate is above the equilibrium level. surplus and the interest rate is below the equilibrium level. PLATO Type the correct answer in each box. Use numerals instead of words. In the figure, lines BD and QS are parallel. Two parallel lines B D, and Q S are intersected by a line A T at C, and R respectively such that the angle D C R is 77 degrees. Complete the given statement. The measure of CRQ is , and the measure of CRS is . What number should go in the space? Multiplying by 1.36 is the same as increasing by _________%. What is the charge on the potassium ion?Select one:a.1 +b.1 -c.2 -d.2 + What name is given to the tendency of group members to unite in their pursuit of group goals and to be attracted to the group and each other? Why did people switch from the harpsichord to the piano in the early classical period? Joe deposits $1,200.00 in his checking account at the bank. If the Federal Reserve has a 10% ratio reserve requirement, how much money can now be created in the economy? Which one of these molecules can be a reactant in a friedel-crafts reaction? a) aniline b) benzenesulfonic acid c) chloroethene d) bromobenzene e) p-bromonitrobenzen Alice and Bob are currently 1000 feet apart and are both running directlytoward each other at a constant speed of 10 feet per second. A bird starts in the sameposition as Alice and flies directly toward Bob at a speed of 20 feet per second. When thebird reaches Bob, it turns around immediately and starts flying toward Alice at the samespeed, turning around immediately when it reaches Alice, and repeating this procedure untilAlice and Bob meet. When Alice and Bob finally meet, what is the total distance that thebird has flown, in feet? solve the system of equations using substitution Supply chain software can be classified as either supply chain ________ systems or supply chain ________ systems. Simplify[tex](\frac{16}{81}x^{16}\right))^{\frac{1}{2}}[/tex] The twins agreed to inspecteach other's work in creatingthe new lands of the world.What did this inspection resultin? Robyn owns a music production company Gala Music (Pty) Ltd (Gala). The primary function of a music production company is to locate artists and facilitate the recording, manufacturing, and distribution of musical products. Gala entered into an agreement with Buntu Events (Pty) Ltd (Buntu). Buntu is a full-service event planning company that provides complete planning, consulting, and supervision for both corporate and social events. In this agreement, Gala will provide performing artists for Buntus Durban July party on 2 July 2022, and in exchange Buntu will waive the performers' registration fee of R28 750 (VAT inclusive).Gala charges R11 500 (VAT inclusive) booking fees (not registration fee) for its artists per event. Gala will provide three performing artists for Buntus Durban July party on 2 July 2022. Both companies have 30 June year ends and both are registered vendors in terms of the Value-Added Tax Act, 1991 (Act 89 of 1991), as amended.With reference to the paragraph Dr Robyn Miekle, discuss in terms of the Value-Added Tax Act, 1991 (Act 89 of 1991) and applicable case law, if any, the output tax consequences for Gala Music (Pty) Ltd of entering into the agreement with Buntu Events (Pty) Ltd for the year ended 30 June 2023. For this question, assume that Gala Music (Pty) Ltd had not received nor issued a valid tax invoice.