When marketers carefully develop a set of product attributes such as the brand name, features/design, and quality level of an offering, they are developing the -- actual product
Defining Product :
A product is a bundle of attributes (features, functions, benefits, and uses) that a person receives in an exchange. In essence, the term “product” refers to anything offered by a firm to provide customer satisfaction, tangible or intangible. Thus, a product may be an idea (recycling), a physical good (a pair of sneakers), a service (banking), or any combination of the three.
Brand :
Brands are interesting, powerful concoctions of the marketplace that create tremendous value for organizations and for individuals.
Defining actual product :
An actual product is what the consumer holds in his or her hand when the product is purchased. This is the packaging, brand name, logo and all tangible aspects of the product that can be seen without opening or using the product. While the tangible aspects of the product may not help the quality, it can lead to increased sales if properly used.
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The goal of advertising a product to differentiate it from competitor's products so that price is less of a factor when a consumer makes a purchase is considered ______ competition.
The goal of advertising a product is to differentiate it from competitors' products so that price is less of a factor when a consumer makes a purchase is considered nonprice competition.
How to measure industry concentration: the concentration of four companies, the ratio of the output (sales) of the four largest companies in the industry to the total sales of the industry. Herfindahl Index is the sum of the squares of the market share of all companies in the industry.
As differentiation progresses, there may be sufficient demand to offset additional costs.
Each company's share of the total market is relatively small. It is in a very convenient location for our customers to advertise a product.
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A desirable, exclusive, and believable advertising appeal selected as the theme for a campaign is called?
A desirable, exclusive, and believable advertising appeal selected as the theme for a campaign is called unique selling proposition.
The one thing that sets your company apart from the competitors is known as a unique selling proposition, or USP. When compared to other companies in your market, it is a specific feature that distinguishes your company.
Establishing an opinionated and deliberate USP influences message, branding, copywriting, and other marketing decisions while helping to focus your marketing plan. At its core, a USP should succinctly respond to a prospective customer's most pressing inquiry when they come across your brand:
“What makes you different from the competition?”
Your USP should be built on what makes your brand or product especially useful to your target market and play to your strengths. Being "unique" in and of itself is rarely a powerful USP. Your messaging won't be nearly as powerful if you don't differentiate around a factor that matters to your target audience.
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The reason that quantum effects are not observable in the everyday, macroscopic world, is because:_____.
The reason that quantum effects are not observable in the everyday, macroscopic world, is because the quantum world is referred as a micro environment.
We refer to the quantum world as a micro environment. The world that we call “normal” is the macro environment. Quantum effects are part of many other effects, there are so many effects or outcomes of particles or experiments, that they in a sense balance each other out.
The macro world is simply too large for the effects to be shown. There are so many particles, and therefore a seemingly endless amount of effects and outcomes. When we examine a particle individually, though, there were can see the results in their true forms. The Quantum effects that don’t follow normal classical expectations.
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What is the role of the financial system?
a) name and describe two markets that are part of the financial system in the u.s. economy.
b) name and describe two financial intermediaries.
To encourage economic expansion and produce a return on investment (ROI) for market players, economic resources should be distributed efficiently.
What is the role of the Financial System?The financial system assists in matching one person's investment with another person's savings. The bond and stock markets are two markets that are a part of the US financial system. Stocks are a kind of partial ownership in a company, whereas bonds are documents of debt.
Two markets that are a component of the financial system in the American economy should be named and described.The bond and stock markets are two markets that are a part of the US financial system. Stocks are a kind of partial ownership in a company, whereas bonds are documents of debt. Banks and mutual funds are two examples of financial intermediaries.Cite two financial middlemen by name.Banks and mutual funds are two examples of financial intermediaries. For the purpose of making loans to borrowers, banks accept deposits from those who desire to save money. In order to purchase stocks and bonds, mutual funds offer shares to the general public.To know more about Financial System visit:
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The 2 steps required using the allowance method, are to ______. (select the 2 that apply.)
The 2 steps required for using the allowance method are to
The first step make an end-of-period adjustment to record the estimated bad debts and the The second step is to write off specific customer balances when they are known to be uncollectable.Companies normally use one of the two techniques to account for unrecoverable debt: the allowance method and the direct write-off method. The allowance approach anticipates and prepares for a positive quantity of unpaid debt while the direct write-off method deals with the debt only after it hasn't been paid.
The allowance method includes placing apart a reserve for horrific money owed which might be expected in the future. The reserve is primarily based on a percentage of the income generated in a reporting duration, probably adjusted for the risk associated with certain clients.
When it is determined that an account can not be gathered, the receivable balance must be written off. when the unit keeps an allowance for doubtful debts, the write-off reduces the outstanding accounts receivable and is charged in opposition to the allowance – do not record bad debt expenses again.
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A loan with fixed, equal, monthly payments, made up of principal and interest, and the amount owed (principal) is eventually paid off, describes a(n):_______
A loan with fixed, equal, monthly payments, made up of principal and interest, and the amount owed (principal) is eventually paid off, describes as an amortized loan.
A loan that has planned, monthly payments that are applied to both the principal and interest accrued is known as an amortized loan. An amortized loan payment is one that reduces the principal amount of the loan after paying off the relevant interest expense for the period.
Auto, housing, and personal bank loans for small projects or debt consolidation are examples of common amortized loans. A loan that is amortized requires the borrower to make regular payments that are divided equally between the principle and interest.
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Which style of interaction might seem to be the only way for couples whose backgrounds are completely irreconcilable to survive?
The style of interaction might seem to be the only way for couples whose backgrounds are completely irreconcilable to survive is obliteration style.
Some couples will try the obliteration fashion. In this situation, each partner tries to erase or obliterate their authentic cultures and create a brand new “subculture” with new beliefs, values, and behaviors.
Style of interaction for an intercultural couple in which both companions try and erase their character cultures.
Culture is a prime component that transforms passionate love into romantic love. Cultural values and traditional behaviors affect the expressions and reports of love and transfer passionate love as primarily based on a sexual attraction into romantic love as an idealized and culturally affected manner of loving.
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When filing your tax return, what is the maximum amount you can deduct for a capital loss?.
When filing your tax return, $3,000 is the maximum amount you can deduct for a capital loss
What is tax?A tax is a mandatory financial charge or other sort of levy imposed by a governmental entity on a taxpayer in order to fund government spending and related public expenses.
A tax deduction is a provision that lowers the amount of taxable income. A standard deduction is a single, fixed-amount deduction. Itemized deductions are popular with higher-income taxpayers because they frequently have considerable deductible expenses such as state/local taxes paid, mortgage interest, and charitable contributions.
The effective tax rate is the percentage of an individual's or corporation's income that is paid in taxes. The effective tax rate for individuals is the average rate at which their earned income, such as wages, and unearned income, such as stock dividends, are taxed.
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Following an active duty period of 45 days, when must an employee return to work or apply for reemployment?.
If your service lasts 31 to 180 days, you must return to work within 14 days of returning from completing your service requirements.
For deployments lasting more than 180 days, you must apply for re-employment within 90 days of the end of your service.
What is reemployment in central government?Persons reemployed after resignation removal or dismissal provided they have not received any retirement terminal benefits for the pre-empolyed service .
Persons reemployed in posts the expenditure of which is not debitable to the civil estimates of the Union Government .
What reemployment means?The act or an instance of employing or being employed again.
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https://brainly.com/question/24306785#SPJ4When an immaterial error is discovered in the same year it is made before the financial statements are issued, what is the appropriate course of action?
The appropriate course of action to Replace the incorrect entry in the journal with the right one.
What is immaterial error?Immaterial errors are deviations from request requirements that have little, little, or no significant impact on the procurement process and do not negatively influence other vendors.
Does immaterial error corrections matter?The study's author, Preeti Choudhary, an associate professor of accounting, states: "Our findings imply that immaterial errors are an equal or better indicator of possible audit or financial reporting difficulties than significant errors remedied by restatements."
The appropriate course of action to Replace the incorrect entry in the journal with the right one.
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In digital markets: network costs decline. information asymmetry increases. switching costs decline. menu costs decline. search costs increase.
In digital markets menu costs decline.
Digital marketing is also called online marketing which uses the internet and other online based digital technologies such as desktop, mobile phones and other digital media platforms in order to promote their products and services to a wider community.
In digital marketing, menu costs are a type of transaction cost which are incurred by firms when they change their prices. Most firms change their prices infrequently because of the costs of changing those prices. In digital markets menu costs usually decline.
For instance, in a restaurant that has to physically print new menus when it changes the prices of its dishes.
Hence, in digital markets menu costs decline.
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There is a degree of task specialization in all societies. In the danakil region of eritrea, the afar men occasionally mine what mineral as a trade good?
Salt was the mineral that the afar men occasionally mined as a trade good.
________ appeals help consumers make purchase decisions by offering factual information that encourages consumers to evaluate the brand favorably on the basis of the key benefits it provides.
"Informational" appeals help consumers make purchase decisions by offering factual information that encourages consumers to evaluate the brand favorably on the basis of the key benefits it provides.
What is informal appeals?A corporate message typically substitutes data and figures for a main notion. A business message should make sure to properly state any significant dates, locations, times, etc.
The powerful business report can be written as-
Business reports always are formally presented, impartial, and thoroughly researched. If the study focused on a specific issue or analyzes the actual quality of a whole organization, every data must be accurate and reliable.A business report must be objective, therefore stay away from stating to the reader how and where to feel in your descriptions. Let the sales statistics speak for itself, rather than saying something like "Sales were bad last quarter," if last quarter's sales were down. Person pronouns, such as "I believe we should invest that money," should also be avoided. A business report must to be objective and presented from the viewpoint of the company.To know more about parts of a business report, here
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Sports marketing career opportunities can be divided into which two general categories?
Sports marketing career opportunities can be divided into two general categories which are the marketing of sport and marketing with sports.
Over the past few decades, the concept of sports marketing has emerged as a distinct area of marketing, although there is no agreed definition of it. Sports marketing is described as "using sports to advertise products" by academics Kaser and Oelkers.
Sports marketing is a component of sports promotion that spans a number of different sports-related industries, including broadcasting, advertising, social media, digital platforms, ticket sales, and community relations.
Four sports marketing sectors are distinguished by classifying products and services as either sports items or nonsports products and by distinguishing between conventional methods and sponsorship-based strategies. They are the strategic domains centered on themes, products, alignments, and sports.
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The combination of inefficiently high demand and dwindling quantity leads to what is called?
The combination of inefficiently high demand and dwindling quality leads to the tragedy of the commons.
This economic theory changed into first conceptualized in 1833 by British writer William Forster Lloyd. The tragedy of the commons refers to a situation wherein individuals with access to a public resource (also known as a not unusual) act of their very own interest and, in doing so, in the long run, deplete the resource.
The tragedy of the commons might also arise whilst a financial desirable is each rivalrous in consumption and non-excludable. These sorts of goods are known as common-pool resource items (in preference to private items, membership goods, or public goods).
The rate at which depletion of the resource is found depends frequently on three elements: the number of users wanting to eat the commonplace in question, the consumptive nature of their uses, and the relative robustness of the common.
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Cassidy is planning to obtain a loan from her bank for $210,000 for a new home. the bank has approved cassidy’s loan at a fixed annual interest rate of 2.7% compounded monthly for 15 years. use the formula to determine cassidy's approximate monthly payment.
Cassidy's approximate monthly payment stands at $1420. if Cassidy lives planning to obtain a loan from her bank for $210,000 for a new home.
What is the payment monthly?The monthly payment is the quantity paid per month to pay off the loan in the time period of the loan. When a loan is taken out it isn't only the top amount, or the original payment loaned out, that needs to be repaid, but also the good that accumulates.
What is a loan amortization schedule?
It is described as the systematic method of representing loan payments according to the time in which the principal amount and interest exist mentioned in a list manner
It is given that:
Cassidy lives planning to obtain a loan from her bank for $210,000 for a new home.A fixed annual interest rate of 2.7% compounded monthly for 15 years.The formula is:
[tex]P=F_{P} (i)/1-(1+i)^{-1}[/tex]
Plug all the values in the above formula:
[tex]P=210000(2.7/12)/1-(1+(2.7/12)^{-15*12}[/tex]
$1420.
Hence,
Cassidy's approximate monthly payment stands at $1420.
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A debt backed by a pool of assets, such as loans, leases, credit card debt, royalties, or receivables is known as a?
A debt backed by a pool of assets, such as loans, leases, credit card debt, royalties, or receivables is known as a collateralized debt obligation.
A collateralized debt obligation also known as CDO is an example of an asset-based security (ABS).
It is just like a loan or any bond which one is backed by a portfolio of debt instruments like the bank loans, mortgages, credit card receivables, aircraft leases, smaller bonds, and sometimes even other ABSs or CDOs also.
This portfolio generally acts as the collateral for the interest generated by the CDOs, which is reaped by the institutional investors who are purchasing it.
In general terms of investments, asset backing refers to a security whose value is deriven from a single asset or a pool of assets.
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A _______ firm assumes that a sale does not depend on an aggressive sales force but rather on a customer's decision to purchase a product.
A Market Orientation firm assumes that a sale does not depend on an aggressive sales force but rather on a customer's decision to purchase a product.
Advantages of product orientation consist of: focus on creating and providing items and offerings. Progressive merchandise that focuses on offering the first-class person revels in. Higher marketplace studies are main to a discounted hazard.
While an organization believes that aside from attaining its goals and pleasurable customers, it additionally wishes to be liable for maintaining or enhancing individuals' and society's long-time period satisfactory pastimes, then the company is stated to have a (clean) advertising orientation.
Marketing is an corporation characteristic and a set of strategies carried out so that you can make certain clients proud.
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What is the appropriate measure of risk for individual security if an investor holds a diversified portfolio?
a. median
b. mode
c. beta
d. standard deviation
Beta is the appropriate measure of risk for individual security if an investor holds a diversified portfolio. Standard deviation measures total risk. The unsystematic portion can be diversified away, so beta is the appropriate measure of risk.
What is BETA ?In addition to serving as a measure of market risk, Beta tells us how a particular stock moves in relation to the rest of the stock market as a whole.
[tex]\beta_{A}=\frac{(\sigma_{A})(corr_{A,MKT})}{\sigma_{MKT}}[/tex]
where:
[tex]\beta_{A}[/tex] represents the Beta of Stock A
σ[tex]A[/tex] represents the standard deviation of stock A
[tex]corrA,MKT[/tex] represents the correlation between stock A and the overall market
σ[tex]MKT[/tex] represents the standard deviation of the overall market
By definition, [tex]\beta_{A}[/tex] = 1 because an average-risk stock is one that tends to move up and down in step with the general market.
Beta Coefficient, [tex]\beta_{A}[/tex] metric that shows the extent to which a given stock’s returns move up and down with the stock market. Beta thus measures market risk.
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A purpose of the statute of frauds is to prevent unreliable __________ evidence from interfering with a contractual relationship.
A purpose of the statute of fraud is to prevent unreliable oral evidence from interfering with a contractual relationship.
The concept of a contractual relationship is a legal connection between two or more parties that is supported by an acceptable offer and consideration.
A contractual relationship entails accepting the protection and services of the other party as well as the risk of being imprisoned, fined, or otherwise penalised for breaching its terms. An individual must be legally contracted to the government before police can engage with them legally.
Once they have your authorization to act, the officer has the ability and jurisdiction to carry out his tasks. You have consented to this contractual relationship as a citizen and licenced driver, and as such, you are bound by its terms and conditions.
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What are some of the problems that have resulted for quinoa farmers of bolivia now that quinoa is a valued commodity in the global market?
The correct option of "what are some of the problems that have resulted for quinoa farmers of Bolivia now that quinoa is a valued commodity in the global market?" is (D) all of the answer choices are correct.
Problems faced by quinoa farmers?First, high prices brought into cultivation land that was previously left fallow, leading to erosion and nutrient loss. Second, farmers who are cultivating more quinoa and earning more money for it have reduced their llama herds, resulting in less dung available for fertilizer and soil protection.New and traditional farmers disagree on how to respect the land and how cash crop profits should be used in the community. New farmers are required to employ more expensive technology and fertilizers than llamas, who have a symbiotic relationship with the crop.Quinoa, a nutritious crop, has been phased out of many people's diets since it can be sold to the Global North.Therefore, the correct option of "what are some of the problems that have resulted for quinoa farmers of Bolivia now that quinoa is a valued commodity in the global market?" is (D) all of the answer choices are correct.
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The complete question is given below.
What are some of the problems that have resulted for quinoa farmers of Bolivia now that quinoa is a valued commodity in the global market?
Select one:
a. New farmers must use expensive machinery and fertilizers more often than llamas, who have a symbiotic relationship with the crop.
b. Quinoa, a healthy crop, has been removed from many people's diets since it can be sold to the Global North.
c. New and traditional farmers clash in terms of their ideas about respecting the land and how money from the cash crop should be used in the community.
d. All of the answer choices are correct.
The information employees receive about how the company evaluates their skills and knowledge and where they fit into the company's plans is referred to as blank______.
The information employees receive about how the company evaluates their skills and knowledge and where they fit into the company's plans is referred to as a reality check.
An employee is a person who is paid to work for an individual or company. A worker does not have to work full time to be considered an employee. You just need to be paid for the work by your employer (the person or company that pays your wages).
Employees perform specific duties and tasks for their employers in exchange for remuneration. They typically work full-time, part-time, or temporary. Employees often fulfill specific duties and roles as defined in the job posting.
Employees are important. Because they fulfill your mission and influence your customers. you fulfill your mission. One of the biggest reasons employees are so important to an organization's success is because they are directly responsible for carrying out the mission.
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The management information system records day-to-day transactions, such as customer orders, bills, inventory levels, and production output.
a. true
b. false
It is false that "the management information system records day-to-day transactions, such as customer orders, bills, inventory levels, and production output ."
The transaction processing system (TPS) records day-to-day transactions, such as customer orders, bills, inventory levels, and production output.
The management information system is an information system used for decision-making, and for the coordination, control, analysis, and visualization of information in an organization.
The ultimate goal of the use of a management information system is to increase the value and profits of the business
The management information system helps companies identify their strengths and weaknesses due to the presence of revenue reports, employee performance records etc.,to gain a competitive advantage,and also with decision-making as well as reduce downtime for actionable items.
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A common tool project teams use is a responsibility assignment matrix (ram). typically, this chart will depict:______.
A common tool project teams use is a responsibility assignment matrix (ram). typically, this chart will depict the date each activity will begin.
1: Quality or state of accountability: etc.
a: Moral, legal or spiritual accountability.
b: Reliability, Reliability.
2: Responsibility: In the end, I neglected my responsibility.
The definition of responsibility is duty or duty. An example of responsibility is having to take out the trash every night.
If you are in an area where you have or are responsible for something or someone, it is your responsibility or obligation to deal with it and make decisions.
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The 1909 strike at new york city's triangle shirtwaist company demonstrated that:______.
The 1909 strike at New York city's triangle shirtwaist strike demonstrated that women workers could create solidarity across social and ethnic lines.
The Uprising of the 20,000, also known as the New York Shirtwaist Strike of 1909, was a labor dispute that mostly affected Jewish women who worked in New York shirtwaist manufacturers. The strike was the biggest by female American employees to that point. The strike began in November 1909 under the direction of Clara Lemlich and the International Ladies' Garment Workers' Union, with assistance from the National Women's Trade Union League of America (NWTUL). The NWTUL and the factory owners reached a settlement in February 1910, which resulted in better pay, hours, and working conditions. The Triangle Shirtwaist Factory Fire, which exposed the hardship of immigrant women working in hazardous and challenging conditions, occurred only a year after the strike came to a conclusion.
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The typical _____ bond pays interest periodically, usually every six months, during the life of the bond and repays the entire principal amount borrowed at maturity
The typical debenture bond pays interest periodically, usually every six months, during the life of the bond and repays the entire principal amount borrowed at maturity.
Debenture bond is also called as unsecured bond which pays interest periodically, usually every six months. This bond is unsecured by any collateral, such as U.S. Treasury Bonds.
Debenture bond helps large companies who are with good credit scores, and good cash flow, lots of assets. Thus, these companies are more likely to use debenture bond, which let them avoid tying up assets.
Hence, the debenture bond pays interest periodically, usually every six months.
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Entrepreneurs must make sense of complex information and make decisions about how to invest their time, effort, and other resources. consequently, it is important to understand that?
Entrepreneurs must make sense of complex information nd other resources. consequently, it is important to understand that good entrepreneurs must be good judges.
An entrepreneur is an individual who creates a new enterprise, bearing maximum of the risks and enjoying maximum of the rewards. The technique of putting in a business is called entrepreneurship. The entrepreneur is normally seen as an innovator, a source of latest ideas, items, offerings, and commercial enterprise/or strategies.
The highest-paying activity in the global, in a traditional sense, holds the number one spot in this article: anesthesiologist. they're additionally the only process listed above. The listing, however, does not don't forget like who make substantially extra than that.
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A city government is considering raising the local income tax to pay for improvements to government facilities. a private citizen opposes the plan and stands on a busy street to survey residents with the question, "do you agree that wasteful spending is a serious problem in our local government?" the results of the survey will most likely suffer from which type of bias?
The results of the survey will most likely suffer from wording bias.
Wording bias:
Wording bias, also called question-wording bias or “leading on the reader” (Gerver & Sgroi, 2017) happens in a survey when the wording of a question systematically influences the responses (Hinders, 2019).
Is wording bias a type of response bias?
Wording bias can come into effect here as well
This type of bias influences the entire gamut of responses from individual or multiple participants.
For instance, if the researcher knows the participant personally, even greeting them in a friendly manner can have a subconscious effect on the responses.
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Answer: B
Explanation: The question wording is bias...
When must a listing agent present the disclosure regarding real estate agency relationships to the seller?
A listing agent must present the disclosure regarding real estate agency relationships to the seller prior to accepting the listing.
A listing agent represents the seller in a real estate sale. Their job is to set a competitive price for the home which they have to sell, and then bring in potential buyers to see it.
Prior to accepting the listing, a listing agent has an important work to do, as they must present the disclosure regarding real estate agency relationships to the seller. The burden of disclosure falls mainly on the seller.
Hence, the seller must disclose all material facts which may affect the value of the property.
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Cakery bakery receives $1,000 from a customer on august 5, 2016 for a wedding cake to be delivered on september 19, 2016. what would cakery bakery record on their books when they receive this payment?
The correct answer is to debit Cash (an asset) for $1,000 as the company now has the cash and credit Deferred Revenue (a liability) for $1,000 as the company now has an obligation to provide services in the future.
What is Revenue?The total amount of income earned by the sale of goods and services connected to the principal operations of the firm is referred to as revenue in accounting. Commercial revenue is often known as sales or turnover. Some businesses make money by charging interest, royalties, or other fees.
The overall cost of making and distributing a product or service to consumers is referred to as the cost of revenue. The cost of revenue is disclosed in a company's income statement. It is intended to show the direct costs related with the goods and services offered by the company.
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