Since the company has completed all services in year 1 and not received payment until year 2 it should record revenue in year 1 according to revenue recognition principle.
A generally accepted accounting standard (GAAP) called revenue recognition specifies the special conditions under which revenue is recognized as well as how to record for it. When a key event has occurred, a customer has obtained a product or service, and the cash amount is easily quantifiable for the company, revenue is typically recognized.
According to this principle of revenue recognition the revenue should be recorded by the company in the year in which it occurred not in the year when its payment has been made. Here, in this case since the company has earned the revenue in year 1 itself when it completed the service so it should record it there only even though the cash payment has not been done yet.
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Which financial activity helps a company based in another country?
OA.
0 в.
foreign direct investment
market value
OC. price floor
OD.
productivity
The financial activity helps a company based in another country is foreign direct investment.
What is financial activity ?Financial activities are transactions between a company and its lenders and owners to obtain or return resources. In other words, financing activities finance the business, repay lenders and provide owners with a return on invested capital. Financial activities include Issuing and repurchasing shares.
Financing details are important to both investors and corporate lenders. Reflection of these activities determines the effectiveness of the fund of the company. It shows the organization's ability to raise money and manage finances.
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the upscale hotel chain hilton wants to compare its growth to another benchmark company. what company should it compare itself to?
The upscale hotel chain Hilton should compare its growth with Marriott which is also an upscale hotel chain.
Operations in hotels can vary in size, purpose, complexity, and expense. To categorize different hotel kinds, the majority of hotels and significant hospitality organizations have established industry standards. Luxury facilities, full-service lodging, an on-site restaurant, and the greatest level of individualized attention, such as a receptionist, room service, and employees to press clothes, are all features of an upscale full-service hotel facility. In addition to numerous full-service rooms, an on-site full-service cafeteria, and a number of other on-site amenities, full-service hotels frequently have luxury full-service facilities. Smaller, independent, non-branded hotels known as "boutique hotels" frequently have luxury amenities. Small to medium-sized hotels only provide a few amenities on the premises.
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What is limited liability?
Please answer the two questions in the photo provided. I am not sure how to do these and the answers I inputted are wrong
1. The notes receivable should be recognized as follows:
El Dorado Company:Debit Notes Receivable $18,839.04
Debit Interest Receivable $1,160.96
Credit Accounts Receivable $20,000
Newcastle Company:Debit Notes Receivable $17,252.18
Debit Interest Receivable $2,747.82
Credit Accounts Receivable $20,000
2. The total interest revenue that Dara should recognize on this note is $3,194.17.
How is the interest revenue determined?The interest revenue can be determined by calculating the present value of the notes receivable.
We can use an online finance calculator to determine the present value, which is the discounted value.
$20,000 Notes Receivable at 8% for 9 months:N (# of periods) = 9 months
I/Y (Interest per year) = 8%
PMT (Periodic Payment) = $0
FV (Future Value) = $20,000
Results:
PV = $18,839.04
Total Interest $1,160.96
$20,000 Notes Receivable at 3% for 5 years:N (# of periods) = 5
I/Y (Interest per year) = 3%
PMT (Periodic Payment) = $0
FV (Future Value) = $20,000
Results:
PV = $17,252.18
Total Interest $2,747.82
$10,000 Notes Receivable at 8% for 5 years:N (# of periods) = 5 years
I/Y (Interest per year) = 8%
PMT (Periodic Payment) = $0
FV (Future Value) = $10,000
Results:
PV = $6,805.83
Total Interest = $3,194.17
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Suppose that in a certain country called Litigia, patients do not have the legal right to sue their medical insurance providers.
Now, suppose, however, that Litigia's government passes legislation that no longer protects medical insurance providers from lawsuits, so that patients in Litigia can now sue their insurance providers.
After the legislation is passed, what will happen to the price of medical insurance and the number of medical insurance policies sold?
The price will decrease, and the number of medical insurance policies sold will also decrease.
The price will increase, while the number of medical insurance policies sold will decrease.
The price will decrease, while the number of medical insurance policies sold will increase.
The price will increase, and the number of medical insurance policies sold will also increase.
C) The price will decrease, while the number of medical insurance policies sold will increase.
What is legislation?Legislation is the process by which local, state, or federal legislatures draft and enact laws. It is occasionally used to refer to municipal ordinances as well as the rules and regulations passed by administrative bodies while they were performing their delegated legislative duties.
The legislation involves participation from the executive branch in addition to action by a legislative body. Unless the executive's veto is overridden by a large enough majority in each house of the legislature, legislation cannot become law without the executive's concurrence. Additionally, the executive's job involves much more than just consent or opposition.
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Match the definitions with the terms.
a detailed strategy for marketing a specific product or service
the value created by having a strong brand with strong customer perception
a team's or game's capacity to appeal to its customers through the experience it provides
a marketing strategy in which a company uses an existing brand and applies it to a new product
a company's long-term goal of howlt intends to build a successful brand image
the process of managing planning, and overseeing all the elements of a game from the time the doors open to the time they close
Answer:
rat
Explanation:
Which report all you to view all investment research consumed across the entire FactSet platform for a given period?
Blackline Report
Quick Report
Readership Report
Constituents Report
The report allows one to view all investment research consumed across the entire FactSet platform for a given period as the Constituents Report. Hence, Option D is correct.
What is the FactSet platform?FactSet platform is provided by a company that is in the software field. In 1978, Chuck Snyder and Howard Wille established FactSet. They started working together in 1977 while both were employed by Faulkner, Dawkins & Sullivan on Wall Street.
Wille and Snyder made the decision to strike out on their own and test their notion for a business that could supply computer-based financial information after Shearson acquired Faulkner, Dawkins and Sullivan and the enterprise began to grow.
Therefore, Option D is correct.
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The best way to think about the framing in the house is that it’s like
Which one of the following sentences contains NO errors? A. Groups with high levels of group cohesion and good social relations tend to be the most affective groups. B. Teams who’s members have different backgrounds tend to be more innovative than teams with similar backgrounds. C. Interpersonal skills, problem-solving skills, and teamwork skills may be used as selection criteria for group members. D. The differences found by researchers reflects both different research approaches and different types of teams studied.
interpersonal skills, problem-solving skills, and teamwork skills may be used as selection criteria for group members is the one sentence that contains no errors in grammar, punctuation, spelling, sentence structure, or word usage.
A set of rules known as grammar address linguistic structure. Language grammar regulations cover matters such as word order, person, tense, and number usage. Clear communication and understanding are facilitated by the proper use of grammar in both speech and writing.
Any violation of grammar rules by a speaker or writer constitutes a grammatical error. A writer may spot a grammatical mistake if their writing is unclear or awkward-sounding. Learning grammar principles is the greatest approach to spot grammatical faults, though. Word placement problems are frequently made in English. The normal pattern of sentence formation is referred to as word order.
The complete question is, "Select the sentence that contains NO errors in grammar, punctuation, spelling, sentence structure, or word usage. Which one of the following sentences contains NO errors?
A. Groups with high levels of group cohesion and good social relations tend to be the most affective groups.
B. Teams who's members have different backgrounds tend to be more innovative than teams with similar backgrounds.
C. Interpersonal skills, problem-solving skills, and teamwork skills may be used as selection criteria for group members.
D. The differences found by researchers reflects both different research approaches and different types of teams studied."
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How do Jamie Lee’s expenses compare to her new reduced income?
A. Expenses are $635 greater than income
B. Expenses are $985 greater than income
C. Expenses are $830 greater than income
D. Expenses are $1,180 greater than income
Answer:
It's A I'm not exactly sure if that's correct though
Use the diagram below to answer the following questions. Assume an initial market price of $4.
a. Identify the initial area of consumer surplus (CS1) when the market price is $4. Next, assume that supply decreases and the market price rises to $5. Draw the new supply curve and then identify the new area of consumer surplus (CS2).
Instructions: (1) Use the tool provided 'CS1' to identify the initial area of consumer surplus. This will drop a small triangle with three endpoints onto the graph. Drag the endpoints to the appropriate position to identify the initial area of consumer surplus. (2) Then use the tool provided 'S2' to draw the new supply curve. (3) Use the tool provided 'CS2' and follow the same process as before to identify the second area of consumer surplus. (graph that needs to be filled out is below)
b. Due to the increase in price, consumer surplus
rises by more than $50
falls by less than $50
rises by less than $50
falls by more than $50
The above question is about Consumer Surplus. The supply curves have been indicated accordingly.
The Original Consumer Surplus (CS1) = $12.5The new consumer surplus (CS2) = $4.5Due to the increase in the prices, ΔCS falls by less than $50 (Option B)What is Consumer Surplus?The difference between what a consumer is prepared to pay and what they spent for a product is referred to as the consumer surplus. The difference between the market price and the lowest price a producer is prepared to take to create an item is the producer surplus.
The mathematical Expression for Consumer Surplus is given as follows:
CS = 1/2 (Equilibrium Q)(WTP price - Equilibrium price)
WTP - Willingness to Pay ( or Effective Demand)
CS1 = 1/2(5) (9-4)
= 1/2 * 5 * 5
= 25/2
CS1 = $12.5
CS2 = 1/2(4)(9-5)
= 2 *4
CS2 = $8
To determine the extent by which Consumer Surplus is reduced, we say
CS1 - CS2
= 12.5 - 8
ΔCS = $4.5
Hence, because of the rise in prices, Consumer Surplus fell by less than $50.
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. See around you and pick up a firm which is either dominating the market or trying to create monopoly.
• (a) Write in brief about the firm chosen and explain how the firm is trying to create a monopoly or dominating the market?
• (b) Elaborate your opinion, why we as a society should worry about a firm trying to create a monopoly?
• (c) Discuss some policy options a government could have to intervene in such market and prevent the monopoly creation.
The firm that is dominating the market or trying to create monopoly is electricity companies in united states.
This firm is trying to create a monopoly or dominating the market because they are producing the unit of electricity at cheaper rate and buying up the competition.
As society we should worry about a firm trying to create a monopoly because at long run, he will be dictating the market as well as price in the market.
The policy options a government could use to prevent the monopoly are:
Price cappinglimiting price increasesRegulation of mergers Breaking up monopolies.What is monopoly?A monopoly ca e described as the act where by in the market there will no competition as a result of the domination of the market by single firm.
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Question 1
Who espoused "The art of getting things done through people" definition of management?
O Mary Parker Follett
O Studs Terkel
Edwin Bailey
O Edward Deming
O Michael Porter
Espoused "The art of getting things done through people" definition of management Mary Parker Follett.
Ethics are the set of ethical standards that manual a person's behavior. These morals are fashioned with the aid of using social norms, cultural practices, and spiritual influences. Ethics mirror ideals approximately what's right, what's wrong, what's just, what's unjust, what's good, and what's terrible in phrases of human behavior.
Management (or handling) is the management of an organization, whether or not it's far a business, a non-income organization, or a central authority body. It is the artwork and technological know-how of handling sources of the business.
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In the month of June, Blossom Hebert's Beauty Salon gave 4000 haircuts shampoos, and hair colorings at an average price of $35.
During the month fixed costs were $16,800 and variable costs were 70% of sales
(a)
* Your answer is incorrect.
Determine the contribution margin in dollars, per unit and as a ratio. (Round contribution margin per unit to 2 decimal places, es
5.75)
Contribution margin
Unit contribution margin
Contribution margin ratio
eTextbook and Media
$
C
41250
0/20
10
25
A business's contribution margin – additionally referred to as the gross margin – is the money left over from sales after paying all variable fees related with producing a product. Subtracting constant expenses, such as rent, equipment leases, and salaries from your contribution margin yields your internet income, or profit.
Calculation of Margin Ratio
The formula of Contribution margins is = sales price - variable costs
The sales price is $40 per unit.
The the variable costs per units will be total variable cost / total units
After that total variable costs will be 75% of sales
Then = 4,125 x $40
Now =$165,000
The variable cost will be 75/100 x 165,000
=0.75 x 165,000
After that =$123,750
The variable cost per item is $123, 750 / 4125
Then the variable cost per unit is $30
After that (Total)Contribution margin is sales - variable costs
=$165,000 - $123,750
Therefore =$41,250
Then Contribution margin per unit will be $40- $30
The contribution margin per unit is $10
Contribution margin ration is = total revenue - variable costs/revenue
= $165,000 - $123,750/$165,000
=41,240/ 165,000
=0.25
=As a percentage, contribution margin ratio = 25%
Then Break-even point using contribution margin technique
After that Break-even in units = fixed cost/ contribution margin per unit
= $16,500/ 10
Therefore, =1650 units
Break-even in dollars is = Breakeven units x selling price
=1650 x 40
Therefore, =$66,000
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brainly.com/question/8189926#SPJ13registered office, and the name and address of each incorporator.
Kelly lives in Arkansas and works in the data division of Acxiom Corporation. Acxiom has its headquarters in Conway, Arkansas. Acxiom i
incorporated in Delaware, however, because of the corporate-friendly laws in that state. Kelly works in a what?
Kelly works in a foreign corporation because Acxiom is incorporated in a different state than the division where Kelly works.
What is corporation?
A corporation is an organization usually a collection of people or a business that has been permitted by the state to act as a single entity and is legally recognised as such for certain purposes. The majority of governments currently permit the formation of new corporations through registration. Corporations come in a variety of forms, but are often classified by the law of the jurisdiction in which they are chartered based on two factors: whether they can issue stock or if they are founded to generate a profit.
As a result, we can conclude that Kelly works for a foreign firm, as it cannot be deemed an alien corporation due to its location in a separate state.
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Warner Corporation purchased a machine 7 years ago for $342,000 when it launched product P50. Unfortunately, this machine has broken down and cannot be repaired. The machine could be replaced by a new model 300 machine costing $334,550 or by a new model 200 machine costing $300,200. Management has decided to buy the model 200 machine. It has less capacity than the model 300 machine, but its capacity is sufficient to continue making product P50. Management also considered, but rejected, the alternative of dropping product P50 and not replacing the old machine. If that were done, the $300,200 invested in the new machine could instead have been invested in a project that would have returned a total of $432,600.
Part-1: Computation of Differential Cost:
Cost of Model 300 Machine $334,550.00
Less: Cost of Model 200 Machine $300,200.00
Differential Cost $34,350.00
Part-2: Sunk Cost= Cost of Machine Purchased
Hence, Sunk Cost will be $342000
Part-3:
Opportunity Cost= Return from New Project
Opportunity cost will be $432600
Differential fee refers to the distinction among the fee of opportunity decisions. The fee happens whilst a commercial enterprise faces numerous comparable options, and a preference need to be made through selecting one alternative and losing the other.
Example of opportunity decisions. If you've got a choice to run a completely computerized operation that produces 100,000 widgets in line with 12 months at a fee of $1,200,000, or of the use of direct hard work to manually produce the identical range of widgets for $1,400,000, then the differential fee among the 2 options.
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An inactive broker may be an on-site property manager as an employee of the landlord.
Select the correct response:
True
False
The assertion is accurate. An inactive broker could work for the landlord as an on-site property manager. An inactive broker may conduct this because it is not required to have a license.
What options does a non-licensed property manager have?approve lease requests or rental applications. On behalf of the landlord or broker, settle or organize the lease's terms and conditions. offer incentives to potential tenants unless they have been pre-arranged with the owner or broker or are already posted.Does Texas require a license to practice property management?Additionally, salaried employees of the employer are permitted to manage and lease real estate they own so long as the employer has a real estate license.
Short version: To manage property in the state of Texas, owners and senior supervisors often need a real estate license.
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1
2
3
Sold merchandise on account to Bill Gomez; issued Sales Slip 1015 for $1,300
plus 8 percent sales tax, terms n/30.
Based on the amount of merchandise sold to Bill Gomez and the sales tax percentage, the journal entry to record this sale would be:
Date Account title Debit Credit
XX-XX-XXXX Accounts receivable $1,404
Sales revenue $1, 300
Sales tax liability $104
How to make the sales revenue journal entry?To make the journal entry, there is a need to first find the sales tax liability which is:
= Sales revenue x Sales tax rate
= 1, 300 x 8%
= $104
This sales tax amount would then be credited to the sales tax liability account because liabilities are credited when they increase. The sales revenue account will also be credited because revenue is credited when it increases.
Bill Gomez bought the merchandise on account which means that the Accounts receivable account will be debited because it is an asset. The amount that it will be debited by is:
= Sales revenue + sales tax
= 1, 300 + 104
= $1,304
The full question is:
Record the following in a journal:
Sold merchandise on account to Bill Gomez; issued Sales Slip 1015 for $1,300 plus 8 percent sales tax, terms n/30.
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When we're learning well, we tend to search out the answers to what four key questions?
Answer:
why, what, how, what if
Explanation:
The four key questions we tend to search out the answers when we're learning well are Why, What, How and What If.
What do you mean by Learning?Learning is a process that leads to change, which occurs as a result of experience and enhances the potential for increased performance and future learning," according to the definition.
An easy technique to set the learning agenda for students is to frame the learning in a lesson or throughout a series of lessons using a "key learning question." It is an alternative to the standard "learning objective," substituting a provocative question for a statement of what students will learn or what they will aspire to acquire. The teaching and learning will then endeavor to address or respond to the question.
As a result, The four key questions we tend to search out the answers when we're learning well are Why, What, How and What If.
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Suppose disposable income increases by $5,000. As a result, consumption increases by $4,300.
Based on the disposable income increase and the increase in consumption, the Marginal Propensity to Save is 0.14.
The Marginal Propensity to Consume can then be found to be 0.86.
How to find the MPC and MPS?The Marginal Propensity to Consume (MPC) is a measure that shows how much a person will spend in an economy when they get additional disposable income. The Marginal Propensity to Save (MPS) shows the amount of the disposable income that will be saved.
The Marginal Propensity to Consume (MPC) can be found by the formula:
= Change in consumption / Change in Disposable income
= 4,300 / 5,000
= 0.86
The Marginal Propensity to Save can be found by the formula:
= 1 - (Change in consumption / Change in Disposable income )
= 1 - (4,300 / 5,000)
= 1 - 0.86
= 0.14
The rest of the question is:
Find the Marginal Propensity to Save and the Marginal Propensity to Consume.
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Why is it important for the ASLA management team to understand the importance of social media in their work ?
Social media assisted them in raising significantly more money for the ALS Association after participant numbers increased and contributions soared as a result.
Why is it crucial that the ASLA management team recognizes the value of social media in their daily work?The ALSA management team needs to comprehend the value of social media in their business because it helped them host their most successful fundraising event. The ALSA management team was also aware that a replay of the event would not have the same effect the following year. Due to the surge in participation and subsequent substantial increase in donations to the ALS Association, social media was important in helping them.
Since it was demonstrated with the ALSA ice bucket challenge that social media can be a game changer, the ALSA must comprehend the significance of social media.They generated more revenue through social media than they did the entire prior year. They can utilize this to get support from outside sources moving forward.They also experienced a remarkable increase in website traffic and followers on social media. They have experienced a spike of 849% on Fac-ebo-ok and a 146% increase on Tw-itter today.Learn more about ASLA management team: https://brainly.in/question/15104647
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equipment is a(n) (asset/liability/expense) account. it is reported on the (left/right) side of the accounting equation and is (increased/decreased) when equipment is purchased.
Equipment is a(n) asset account. it is reported on the left side of the accounting equation and is increased when equipment is purchased.
A ledger accounts account known as an asset account is used to group and keep track of the debit and credit balances from transactions involving a company's resources. On the business's balance sheet, a summary of the asset account balances will be shown. The asset account balances are typically debit balances that are raised by debit entries and lowered by credit entries. Since asset accounts are not terminated at the end of the financial year, they are known as permanent or real accounts. Instead, the amount in each asset account at the conclusion of the accounting year is held over to the start of the following accounting year.
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Which of the following items are not included in working capital?
Accounts payable, wages accrued, and notes payable are all current obligations. Since fixed assets are non-current, they are held for the long term in order to produce revenue. They are not taken into account when calculating a business's working capital.
What the working capital means?Working capital is simply the money you have on hand to pay your immediate, urgent obligations. Calculate your present levels, forecast your future requirements, and think about ways to ensure you always have enough cash to ensure that your working capital is working for you.
A company's working capital is determined by taking its current assets and subtracting its current liabilities. For instance, if a business has $100,000 in current assets and $80,000 in current liabilities, its working capital would be $20,000.
Working capital, which is made up of inventories, accounts receivable, accounts payable, and cash, is managed by a well-run company to control short-term debt as well as present and upcoming operational costs.
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Krammer Company has liabilities equal to one fourth of the total assets. Krammer's stockholders' equity is $45,000. Using the accounting equation, what is the amount of liabilities for Krammer?
Accounting Equation is the basic equation which is fundamental to an entity. It depicts the relationship between assets, liabilities and owner's equity of an entity. As per accounting equation,
Assets = Liabilities + Owner's Equity
Liabilities of Krammer Company = one-fourth of the total assets.
Let the amount of liabilities be X.
Therefore,
X = Assets x 1/4
Assets = X x 4 = 4X
Owner's Equity = $45,000
As per the accounting equation,
Assets = Liabilities + Owner's Equity
Therefore, Liabilities = Assets - Owner's Equity
X = 4X - 45,000
4X - X = 45,000
3X = 45,000
X = 45,000/3 = $15000
Total liabilities of Krammer Company = $15,000
The entire assets of a corporation are equal to the sum of its liabilities and shareholders' equity, according to the accounting equation.
The basic idea behind the double-entry accounting system is that assets, liabilities, and equity have a clear relationship with one another. The balance sheet is kept in balance thanks to the accounting equation. In other words, every debit entry has a corresponding credit entry (or coverage) on the other side of the ledger.
The balance sheet equation or fundamental accounting equation are other names for the accounting equation.
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1) Inclusive leadership is positively correlated to employee well-being.
A) True
B) False
Which is correct??!
State for each account whether it is likely to have debit entries only, credit entries only, or both debit and credit entries. also, indicate its normal balance.
Typical Entrees Normal Balance
1. Accounts Payable -
2. Cash -
3. Dividends -
4. Miscellaneous
5. Insurance Expense
6. Fees earned
Answer:
Explanation:?
Lupe is a student who wants to open a bank account.
Which type of bank is most likely the best option for her needs?
a retail bank
a savings and loan
a commercial bank
an investment bank
The type of bank which is most likely the best option for Lupe's needs is a retail bank.
What is a retail bank?This a type of bank which gives or provide financial services to individual and small businesses. Here, people perform transactions daily with their bank which includes checking account.
Retail bank provides services to everyday people; general public who needs to take care of their personal financial needs. Services provided by retail banks are checking account, saving and personal loans.
Other types of banks are
Savings and loanCommercial banksInvestment banksMerchant banks.Hence, we can infer that Lupe should open a retail bank account since he is a student and not a corporate entity.
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If a firm has retained earnings of $2.4 million, a common shares account of $4.4 million, and additional paid-in capital of $8.8 million, how would these accounts change in response to a 10 percent stock dividend? Assume market value of equity is equal to book value of equity.
The accounts change in response to a 10 percent stock dividend assume market value of equity is equal to book value of equity by :
Retained earning decrease to $1.08 millionCommon shares increase to $4.84 million Additional Paid-in Capital increase to $9.68 millionStock dividendFirst step is to stock dividend using this formula
Stock dividend = Rate × ( Common shares account + Additional paid - in capital )
Let plug in the formula
Stock dividend = 10% × ( $4.4 million + $8.8 million )
Stock dividend = 10% × $13.2 million
Stock dividend = $1.32 million
The calculation above represents a reduction in the retained earnings account. Hence,
Retained Earnings :
Retained Earnings = $2.4 million - $1.32 million
Retained earnings = $1.08 million (decrease)
Common Shares :
Common Shares = $4.4 million × 110%
Common shares = $4.84 million ( increase )
Additional Paid-in Capital:
Additional Paid-in Capital = $8.8 million × 110%
Additional Paid-in Capital = $9.68 million ( increase )
Therefore retained earning decrease, common shares and additional paid in capital increase.
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Opening Discussion:
Define 'Private Enterprise' in your own words
What terms come to mind that relate to 'Private Enterprise?'
Private sector refers to that sector of the economy in which the means of production are owned by private individuals and is used only for the purpose of promoting individual interests and obtaining profit. Today the meaning of private sector has changed to a great extent.
Where till the 19th century, private enterprise meant an enterprise that was owned by one or two persons, but today it refers to those enterprises whose ownership was divided among several shareholders and the enterprise was operated by professional managers. is done.
The private sector in India originated in 1833, while the East India Company ceased to function as a monopoly trading company. The Chartered Act of 1833 paved the way for the introduction of the management agent system in India.
Although the public sector has been given more importance in the planned economic development of India, yet the private sector has also played an important role in it.
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Which Industry tab report can be used to compare the US retail trade industry and the global retail trade industry?
Snapshot
Earnings & Drivers
GeoRev
Macro Factors
Macro Factors can be used to compare the US retail trade industry and the global retail trade industry. Thus, option D is correct.
What is the industry?An industry can be defined as an organization that is set up to create a product. This product is sold to the customer or consumer. It takes the raw material and then processes it to make a finshed good.
The US retail industry and the global written industry are all part of a macro factor, and within this factor are various fundamentals such as fiscal deposits and revenues.
Therefore, option D is the correct option.
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