The answer is , the after-tax equilibrium quantity of cigarettes smoked will equal than the socially optimal quantity of cigarettes smoked.
What is an externality, in simple terms?Externalities are instances where the effects of the production or consumption of goods and services result in costs or benefits for others that are not accounted for in the prices charged for the goods and services being offered.
Which four categories of externalities exist?There are four distinct categories of externalities in economics: positive consumption and positive production externalities, as well as negative consumption and negative production externalities. Positive externalities, as their names suggest, typically have a positive impact, and negative ones typically have the reverse.
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Which of the following statements is NOT true of a market economy?
Question 9 options:
The government may supply some goods or services.
The individual makes his or her own economic decisions.
The economy is defined by a freedom of choice for both buyers and sellers.
The system encourages private ownership of resources.
The pricing of goods is determined by what sellers wish to charge and buyers wish to pay.
The government may supply some goods or services is NOT true of a market economy. Thus, option A is correct.
What is a market economy?In a market economy, the majority of the goods are owned by people rather than the government. This pertains to labor, capital, and territory. In a free market, people regulate the usage and cost of such resources by their free choices in the market.
It is NOT true in a free market that the government provides all the services and goods. As they may be the ones that will be changing some rules and policies to aid the people. There can be some change in the interest rates that will aid the market. Therefore, option A is the correct option.
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When a country allows trade and becomes an exporter of a good,
A) the gains of the domestic producers of the good exceed the losses of the domestic consumers of the good.
B) the gains of the domestic consumers of the good exceed the losses of the domestic producers of the good.
C) the losses of the domestic producers of the good exceed the gains of the domestic consumers of the good.
D) the losses of the domestic consumers of the good exceed the gains of the domestic producers of the good.
When a country allows trade and becomes an exporter of a good B) the gains of the domestic consumers of the good exceed the losses of the domestic producers of the good.
When a country allows trade and becomes an exporter of goods, domestic producers of the good may face increased competition and have to lower their prices to stay competitive in the global market. This can lead to losses for these producers.
However, domestic consumers of the good benefit from access to lower-priced goods and increased variety, leading to an overall gain for the country as a whole. In this scenario, the gains of domestic consumers of the good exceed the losses of domestic producers of the good.
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A constant-cost, perfectly competitive gadget industry is in long-run equilibrium. An increase in the number of consumers of gadgets will most likely result in
(A) higher short-run and long-run prices for gadgets
(B) reduced short-run profits, followed by the exit of some firms
(C) an upward shift in all short-run cost curves, followed by a higher long-run price for gadgets
(D) a higher short-run price for gadgets, followed by an increase in the quantity produced
(E) a decrease in the demand for gadgets, fo
Option (D), a higher initial price for devices followed by a rise in production volume, is the optimal course of action.
What does consumers mean in business?Anyone who uses a service or a product is referred to as a consumer. The terms customer and consumer are frequently used interchangeably. This is not exactly true. A buyer of goods or services is referred to as a customer. They might or might not eat them.
Why is it called a consumer?A consumer in an economy purchases products or services primarily for personal use rather than for resale or for commercial objectives. Consumers purchase goods or services with money (or an equivalent) and then use them (use up).
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Which of the following are examples of how a project manager empowers their team? Select all that apply.
A. Allows team members to make some decisions for the project
B. Delegates project responsibilities
C. Asks team members to get approval before communicating directly with stakeholders
D. Uses team members' input in project planning and execution
The following are examples of how a project manager empowers their team:
Delegates project responsibilitiesUses team members' input in project planning and executionWhat is a project manager?A project manager is a professional who organises, plans, and implements projects while adhering to constraints like budgets and timelines. Leading teams, setting objectives, interacting with stakeholders, and seeing a project through to completion are all responsibilities of project managers. The project manager contributes to the success of the project whether it is developing a computer system, building a new building, running a marketing campaign, or launching a new product.
No two workdays (or two projects) are exactly the same because of the sheer variety of tasks. You might be managing team meetings, conducting interviews and hiring new employees, reallocating resources to pay an unforeseen expense, or updating stakeholders on the project's progress on any given day.
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The share of the total FDI stock accounted for by which of the following countries increased markedly from 1980 to 2005?
A. United States
B. France
C. United Kingdom
D. Netherlands
The share of the total FDI stock accounted for by which of the following countries increased markedly from 1980 to 2005 in France.
The overall level of direct investment at a specific moment, often the end of a quarter or a year, is measured by foreign direct investment (FDI) stocks. 's in the's to's the's in the tres wards h s the
Foreign Direct Investment (FDI) flows to track the value of international direct investment transactions over a certain time period, often a quarter or a year. Equity transactions, earnings reinvested, and inter-company loan transactions make up the financial flows.
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What is meant by interest elasticity
Answer:
Interest elasticity means that demand for a financial product changes with changes in the interest rate.
Explanation:
The proportional change in the quantity of money demanded divided by the proportional change in interest rate.
Fuzzy Monkey Technologies, Inc., purchased as a long-term investment $100 million of 8% bonds, dated January 1, on January 1, 2018. Management has the positive intent and ability to hold the bonds until maturity. For bonds of similar risk and maturity the market yield was 10%. The price paid for the bonds was $82 million. Interest is received semiannually on June 30 and December 31. Due to changing market conditions, the fair value of the bonds at December 31, 2018, was $90 million.
Required:
1. to 3. Prepare the relevant journal entries on the respective dates (record the interest at the effective rate).
4. At what amount will Fuzzy Monkey report its investment in the December 31, 2018, balance sheet?
5. How would Fuzzy Monkey's 2018 statement of cash flows be affected by this investment?
1. On January 1, 2018, the journal entry would involve a debit to Long-term investments for $82 million and a credit to Cash for $82 million.
2. On June 30, 2018, the journal entry would involve a debit to Interest revenue for $4.8 million and a credit to Interest Payable for $4.8 million.
3. On December 31, 2018, the journal entry would involve a debit to Interest revenue for $4.8 million and a credit to Interest Payable for $4.8 million.
4. Fuzzy Monkey will report its investment on December 31, 2018, balance sheet of $90 million.
5. Fuzzy Monkey's 2018 statement of cash flows will be affected by this investment as it will show an increase in cash flows from investing activities of $18 million, reflecting the difference between the purchase price of $82 million and the fair value of $90 million at the end of the year.
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the purpose of a statement of cash flows is to provide information about the_____multiple choice question. A. income and related expenses during the period. B. cash receipts and cash disbursements during a period. C. assets, liabilities, and stockholders' equity used during the period. D. assets used during the period.
The purpose of a statement of cash flows is to provide information about the " income and related expenses during the period."
Hence, option (A) is correct.
A cash flow statement is an important tool for managing finances since it tracks an organization's cash flow. This statement is one of three major reports that assist determine a company's success (together with the income statement and the balance sheet).
Cash flow from operations consists of expenses incurred in the normal course of business. Payroll, cost of products sold, rent, and utilities are examples of cash outflows. When corporate activities are extremely seasonal, cash outflows might vary significantly.
A cash flow statement's objective is to present a complete picture of what occurred to a company's cash during a set time known as the accounting period.
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Which of the following taxes are commonly assessed by state and/or local governments? (Check all that apply.) Property tax. Sales tax. Income tax.
Option 1 is Correct. State and/or local governments frequently impose property tax assessments.
What forms of taxes are levied by municipal and state governments?Taxes on income, sales, and property are the three main tax revenue streams for state and local governments. While property taxes are the main source of funding for local governments, including school districts, income and sales taxes provide for the majority of state tax revenue.
Local taxes can take on a variety of shapes, including property taxes, payroll taxes, sales taxes, and license fees. They can differ significantly between jurisdictions. Municipal taxes are another name for the taxes imposed by cities and towns.
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Correct Question:
Which of the following taxes are commonly assessed by state and/or local governments? (Check all that apply.)
1. Property tax.
2. Sales tax.
3. Income tax.
A major city in a particular state is a center for businesses that assemble personal computers. Components for these computers are manufactured elsewhere in the state and in other states, then shipped to this city, where the computers are assembled. An ordinance of the city imposes a special license tax on all of the many companies engaged in the business of assembling computers in that city. The tax payable by each such company is a percentage of the company's gross receipts. The state statute that authorizes municipalities to impose this license tax has a "State content" provision. To comply with this provision of state law, the city license tax ordinance provides that the tax paid by any assembler of computers subject to this tax ordinance will be reduced by a percentage equal to the proportion of computer components manufactured in the state. A prominent company assembles computers in the city and sells them from its offices in the city to buyers throughout the United States. All of the components of its computers come from outside the state. Therefore, the company must pay the city license tax in full without receiving any refund. Other city computer assemblers use components manufactured in the state in varying proportions and, therefore, are entitled to partial reductions of their city license tax payments. Following prescribed procedure, the company brings an action in proper court asking to have the city's special license tax declared unconstitutional on the ground that it is inconsistent with the negative implications of the commerce clause.
In this case, the court should rule
In this case, the court should rule that the city's special license tax is unconstitutional because it violates the Commerce Clause of the United States Constitution.
The Commerce Clause prohibits states from passing laws that impose a burden on interstate commerce. The city's ordinance imposes a special license tax on businesses that assemble computers in the city and sell them to buyers throughout the United States, regardless of the components used to assemble the computers.
This tax is based on the gross receipts of the business, which puts an undue burden on interstate commerce. The city's ordinance also has a provision that provides for a reduction in the tax for companies that use components manufactured in the state. This provision further discriminates against interstate commerce, as companies using components from other states are not receiving the same benefit as those using components from within the state.
Therefore, the court should rule that the city's special license tax is unconstitutional.
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Which of the following statements is true? Project management is being used at a consistent percentage of a firm's efforts. Project management is far from a standard way of doing business. Project management is increasingly contributing to achieving organizational strategies. Project management is a specialty that few organizations have access to. Project management is increasingly contributing to achieving organizational strategies.
The statement that true about project management is Project management is increasingly contributing to achieving organizational strategies. So the correct option is C.
In economic and business, The management generally can be defined as a single or group of individuals who challenges and oversees a person or collective group of people. The management has a function in efforts to accomplish desired goals and objectives. Management has a function and main role to plan, organize, monitor and also direct individuals.
There are several types of management, such as classical management, scientific management, operations management, and also behavioral management. In the classical management, Prescribed universal procedures that are not appropriate in some settings.
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Employee ______________ occurs when employees are provided with the ability to take on responsibilities and make decisions regarding all aspects of product development or customer service.
Employee empowerment occurs when employees are provided with the ability to take on responsibilities and make decisions regarding all aspects of product development or customer service.
What is Employee empowerment?Giving employees the authority, responsibility, and autonomy to make decisions and find solutions is a process known as employee empowerment. Only when a company thinks a worker is capable of making decisions is it feasible. The organisation aids them by providing the tools they need to carry out these choices.
They do not have management or their immediate supervisors controlling or interfering with their work. Employees are more likely to take responsibility for their actions, be more responsible, and put forth more effort to achieve their objectives when an organisation gives them more power. Employee motivation, skill use, and potential performance are the main goals of empowerment.
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__________ argued that senior managers of 20th century American railroads defined their business too narrowly, thus failing to create strategies to compete with airlines, barges, pipelines, and trucks.
O Theodore Levitt
O Peter Drucker
O John Naisbitt
O Purchase Decision
A) Theodore Levitt argued that senior managers of 20th-century American railroads defined their business too narrowly, thus failing to create strategies to compete with airlines, barges, pipelines, and trucks.
Theodore Levitt, a Harvard Business School professor, and marketing consultant, argued that senior managers of 20th-century American railroads defined their business too narrowly, thus failing to create strategies to compete with airlines, barges, pipelines, and trucks.
Levitt suggested that these managers should have seen themselves as being in the transportation business, rather than just the railway business, which would have allowed them to think more creatively about how to compete with other modes of transportation.
This idea was popularized in Levitt's famous Harvard Business Review article, "Marketing Myopia." Levitt's insights were groundbreaking and continue to influence thinking about how businesses should define their markets and strategy.
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the goal of shareholders wealth maximization can be consistent with the concern of social responsibility if management adopts policies that values in the market.
The goal of shareholders wealth maximization can be consistent with the concern of social responsibility if management adopts policies that values in the market was the based on the marketing capabilities on the Corporate social responsibility.
What is shareholders?The term shareholder refers to a person to purchase the share of company stock. A shareholder represent the person, company, or institute. A company shareholder right to vote. A shareholder right to purchase company share and sale to another person, institute, or company. A shareholder is gaining profit and losses.
Shareholder's wealth maximization was the main objective of the company are the primary goal is raising its stock price. The value of the company in the increases are the social responsibility as per the market capabilities.
As a result, the significance of the shareholder are the aforementioned.
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Accountants, architects, and attorneys are among professional people who excel at managing projects yet never have the title of project manager
Individual projects are managed by project managers. Program leaders focus on long-term business goals; Project managers achieve concrete results in the short term.
Who are project managers?
A certified professional in the field is a project manager.. Regardless of the industry, project managers are in charge of organizing, planning, and carrying out any project that has a clear start and end and a defined scope. Before the matter rises to higher levels as a project representative, project managers are the first point of contact for any problems or conflicts from the leaders of different departments inside the firm. The task of supervising the project falls to the project manager.
Rarely does this body directly engage in results-producing activities; instead, it works to maintain the development, interaction, and tasks of the many partners in a way that lowers the total risk of failure, maximizes benefits, and minimizes harm and costs.
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which of the following activities poses the greatest personal cybersecurity risk? responses making a purchase at an online store that uses public key encryption to transmit credit card information making a purchase at an online store that uses public key encryption to transmit credit card information paying a bill using a secure electronic payment system paying a bill using a secure electronic payment system reserving a hotel room by e-mailing a credit card number to a hotel reserving a hotel room by e-mailing a credit card number to a hotel withdrawing money from a bank account using an automated teller machine (a
Purchasing a chair by emailing a credit card number to the chair owner activities poses the greatest personal cybersecurity risk.
Organizations are increasingly prioritizing cybersecurity risk as they embrace digital transformation and use cutting-edge technology solutions to boost productivity and drive business growth. Many businesses are also becoming more dependent on third- and fourth-party vendors and programs. These resources can help businesses succeed, but they also bring in new dangers and widen your digital attack surface.
Lack of a thorough understanding of the inherent risk that organizations assume when using these extra resources is one of the most frequent errors that organizations make. Organizations are better able to proactively manage and mitigate risks before they turn into bigger issues when everyone involved is aware of what to watch out for and what to do in the event of a problem.
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question mode multiple select question select all that apply which of the following are included in cash flow from investing activities? multiple select question. retirement of long-term debt depreciation sales of fixed assets
The following activities that included in cash flow from investing activities are:
Sale of equipmentSale of buildingSale of investmentsIn economic and business, Cash flow generally can be defined as the net balance of cash moving into and out of a business at a specific point in time. In general, as an aspect of financial accounting, Cash is constantly moving into and out of a business. There are several example of cash flow, such as when a retailer purchases inventory, money flows out of the business toward its suppliers.
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sandra would like to organize lab (a legal corporation) as either an s corporation or a c corporation for tax purposes. in either form, the entity is expected to generate an 8 percent annual before-tax return on a $775,000 investment. sandra's marginal income tax rate is 37 percent and her tax rate on qualified dividends and net capital gains is 20 percent. lab's income is not qualified business income (qbi), so sandra is not allowed to claim the qbi deduction. assume that lab will distribute all of its earnings after entity-level taxes every year. ignore the additional medicare tax and the net investment income tax when computing your answers.
The tax implications of organizing Lab as an S Corporation or a C Corporation would depend on the type of income generated by the corporation and the tax rates applicable to that income.
For an S Corporation, the business income is passed through to the shareholders, and they are taxed on their personal tax returns at their marginal tax rate. In this case, Sandra would be taxed on her share of Lab's income at a 37% marginal tax rate.
For a C Corporation, the business income is taxed at the corporate level before being distributed to the shareholders as dividends. The corporate tax rate is 21%, and the qualified dividends and net capital gains are taxed at a rate of 20% for individual taxpayers.
Assuming an 8% return on a $775,000 investment and ignoring entity-level taxes, the annual income would be $62,000. If Lab is organized as an S Corporation, Sandra would pay $22,940 in personal income taxes ($62,000 * 37%). If Lab is organized as a C Corporation, the corporate taxes would be $12,930 ($62,000 * 21%) and Sandra would pay $12,400 in individual taxes on the dividends received ($62,000 * 20%).
In this case, organizing Lab as an S Corporation would result in a higher tax liability for Sandra compared to organizing it as a C Corporation. However, the best option would depend on Sandra's personal financial situation and other factors, such as the type of income generated by the corporation and the tax implications of the different forms of business organization.
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At the time you are studying the material in this chapter, which phase of the business cycle do you think the U.S. economy is in? Justify your answer.
Currently, the US is in the late-cycle expansion phase with moderate recession risk.
What does expansion phase in business cycle means?Expansion is the stage of the business cycle in which real GDP grows for two or more consecutive quarters, moving from a trough to a peak. Expansion is also known as an economic recovery when it is accompanied by an increase in employment, consumer confidence, and equity markets.
Expansions typically last four to five years, but they have been known to last anywhere from ten months to more than a decade. Investors can determine where we are in the business cycle by focusing on interest rates and capital expenditure.
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Which of the following is not a scarce resource? A) Land B) Labor C) Capitol D) Entrepreneurship E) Stocks.
Option E - Stocks is not a scarce resource .Stocks are not a factor of production and therefore are not a scarce resource.
Stocks are not an element of production, therefore they are not a scarce resource. Land, labour, cash, and entrepreneurial skills are all in short supply. When the demand for a natural resource exceeds the supply, resource scarcity results, which causes the stock of such resources to decrease. The resource may become less accessible to those who are least well-off, which may result in unsustainable growth and an increase in inequality. Given that there are only a limited number of both human and nonhuman resources, scarcity refers to the fundamental truth of existence.
Natural scarce resources are gold, oil, silver, and other fossil fuels. These resources might become rare and pricey when there is a demand that outdoes the supply.
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assume this firm is in a constant-cost industry. for this firm to be in long-run equilibrium, the firm must be producing
the firm must be producing day to day life changing products or a high quality products so that firm can run in long and sustain.
What's high quality products?
still, it'll generally be more precious, and will vend in lower volumes, If a high- quality product is one with superior performance or a large number of features. But if quality is defined as fitness for use, superior aesthetics, or bettered conformance, high quality need not be accompanied by decoration prices.
What's the illustration of product quality?
A good product would always have proper finishing without rough edges or poor visual quality. As an illustration, Phones of good companies are frequently satiny in design and have good figure quality and accoutrements used as compared to low quality phones
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trying to prepare a budget, gerald has done research and found that he spends an average of $110 on his phone/internet/cable service, $284 on his electric bill, and $212 on his health insurance premium. if he earns $2700 per month, estimate the amount of money he will have after paying these bills each month.
If he earns $2700 per month, the estimated amount of money he will have after paying these bills each month is $2094.
How to find the estimated amount?To estimate the amount of money Gerald will have after paying his bills each month, we need to subtract his expenses from his monthly income:
Estimated amount = $2700 - $110 - $284 - $212
Estimated amount = $2094
So, Gerald will have approximately $2094 left after paying his phone/internet/cable service, electric bill, and health insurance premium each month.
Therefore $2094 is the estimated amount.
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Maria is an industrial engineer at a Toyota plant. Indicate how Maria should change her production plans in response to each change in market conditions.
a. An engine supplier decreases the price it charges Toyota by 50%.
As a result, Toyota's cost of production will decrease, and Toyota should increase its supply.
b. Workers unionize and demand a 12% across-the-board raise.
As a result, the cost of production will increase, and Toyota should decrease its supply.
Maria is an industrial engineer at a Toyota plant. Maria should change her production plans in response to each change in market conditions. A. An engine supplier decreases the price it charges Toyota by 50%.
What is production?Producing goods and services to meet consumer demands is known as production. The method yields the final product. Land, capital, labour, and organisation make up the four components of production. Producing companies are referred to as producers by economists. These businesses produce goods to market to consumers. For instance, a garment business makes apparel for customers.
Hence the correct option is A) An engine supplier decreases the price it charges Toyota by 50%.
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In Exhibit 14, if there is a shortage of video games of 200 units, the current price of video games must be e. $40.
In Exhibit 14, if there is a shortage of video games of 200 units, the current price of video games must be $40, is the true statement.
What is the current price?The most recent price at which a security was sold on an exchange is the current price. For buyers and sellers, the current price acts as a benchmark. Present pricing is a good reflection of current worth, but depending on supply and demand, the actual price of the next sale could be greater or lower.
Current prices are those that are listed at a specific time and are considered to be in nominal value. Constant prices are expressed in real value, which has been adjusted for changes in prices relative to a reference point or base line.
Thus, it is the true statement.
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If David Ricardo's theory holds completely true, then any change in budget deficits or budget surpluses would be completely offset by which of the following?
If David Ricardo's theory holds completely true, then any change in budget deficits or budget surpluses would be completely offset by a corresponding change in exchange rates.
How does the Ricardian equivalence theory explain the relationship between government debt and private savings?The Ricardian equivalence idea, named after economist David Ricardo, explains the connection between government debt and private savings by means of declaring that an growth in government debt will cause an identical decrease in personal financial savings. The principle posits that consumers will modify their financial savings in response to modifications in government debt, as they expect destiny tax increases to pay off the debt. Therefore, the theory argues that changes in price range deficits or surpluses are offset by way of adjustments in private financial savings. Which means, in step with the Ricardian equivalence principle, the government's decision to borrow or pay off debt will not affect the financial system, because it might be balanced out with the aid of adjustments in personal financial savings.
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at the beginning of the year, paid-in capital was $82 and retained earnings was $47. during the year, the stockholders invested $24 and dividends of $6 were declared and paid. retained earnings at the end of the year were $52. total stockholders' equity at the end of the year was:
Total shareholders equity at the end of the period is $158.
Shareholders equity Capital Retained earnings Total share
Beginning Balance 82 24 129
Stock holders Investment 24
Net Income 11 11
Dividend Pay 6 6
Ending Balance 106 52 158
Net income = (ending retained earnings + division paid) - beginning retained earning
Net income = (52 + 6) - 47 = $11
Total shareholders equity at the end of the period is $158.
Net income is find by using the above equation.
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refers to the strategy of getting visitors to a website to forward information on the site of their friends in order to make more consumers aware of a product. question 2 options: a. viral marketing b. foot-in-door marketing
c. demand-based marketing d. guerrilla marketing
Option a is Correct. Refers to a marketing tactic used to increase the visibility of a product by encouraging website visitors to share content on the sites of their friends. This type of marketing is viral.
What does the tactic use to encourage website visitors to share information mean?Viral marketing is the tactic used to persuade website users to share content with their friends in order to spread the word about the product to even more potential customers.
The tool will enable you to gather useful information about your website and audience, such as their age, location, and the particular devices (such as mobile, desktop, etc.) they are using to access it.
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Recliner Company wants to verify that all of its accounts are in balance. Which of the following will be prepared for this purpose? a. Chart of accounts b. General ledger c. Trial balance d. Balance sheet
In order to verify the accounts of Recliner Company the Trial balance will be prepared that is option C is correct.
An organization always keeps a tract of its accounts. It also keeps tracts of all its expenses and revenue and the employees of the organization make sure that the entries are properly filled within the sheets that are prepared by the organization. In order to verify that all the accounts of the organization are in balance a Trial balance is prepared by the employees of the organization. It basically consists of two columns in which one contains the entries of debit and other contains the entries of credit. By using this trial balance one can easily track all the amount that is credited within the account as well as debited from the account. Thus this helps in verifying the account of organization.
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in june, reed hospital purchased medicines from park pharmaceutical co. at a cost of $1,000. however, park notified reed that the invoice was being canceled and that the medicines were being donated to reed. reed should record this donation of medicines as
A $1,000 decrease in Accounts Payable and a $1,000 increase in the charitable contributions expense account on its books. The donation should also be disclosed in the notes to the financial statements, which provide additional information about the financial condition and results of operations of a company.
What is donation?A donation is a gift of cash, property, or goods given by an individual, group, or company to a charity, nonprofit foundation, or other cause. Donations can be made for a wide range of reasons, such as tax incentives, religious values, or support of a specific ideology.
A donation is represented in accounting as a reduction in the assets of the giver and an increase in the assets of the receiver. When a firm or individual makes a donation, it is often noted as a decrease in cash or accrued expenses and an increase in the accrual basis for donations to charity. The donation is recorded for the recipient organization as an increase in their assets, such as cash, and a proportional rise in their unconstrained net assets.
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an advertisement for a security company cites various crime statistics to make consumers aware of growth in home theft and how security systems impact the rate of victimization. the consumer looking at the ad will have to use