Answer:
b) credit to Rent Expense for $1530
Explanation:
Date Accounts and Explanation Debit Credit
Income Summary $5,550
Salaries & Wages Expense $2,900
Rent Expense $1,530
Advertising Expense $740
Supplies Expense $270
Insurance Expense $110
(To Close the expense accounts)
Answer: See explanation
Explanation:
We should note that microeconomics deal with a particular sector in the economy and not the whole sector. Macroeconomic deals with the whole economy and looks at ways by which the decisions of government have an effect on the whole economy.
Based on the above explanation, the answer is provided below:
• The effect of government regulation on a monopolist's production decisions= Microeconomics
• The effects of government tax policy on long-term economic growth = Macroeconomics
• The optimal interest rate for the Federal Reserve to target = Macroeconomics
Answer:
Advertising appeal and unique selling proposition.
Explanation:
Advertising is a promotional activity which purpose is to sell a product or service to a target audience.
The unique selling proposition of a product is intended to appeal to a specific. group of audience. For example, the social, psychological, physical and financial backgrounds of customers play a major role. When these various characteristics of the target group are known, it will be easy to determine how a product’s features would be a solution to the problems faced by the target audience.
Advertising appeals are the different techniques that are applied to get the attention of customers to patronize a particular product or service.
True
Return to investment: margin+turnover
Margin-net operating income/ sales
Turnover-sales/average operating assets.
Answer:
True, an ethical issue is an identifiable problem/ situation or opportunity that requires a person to choose from among several actions that may be evaluated as right or wrong, ethical or unethical.
Explanation:
Ethical issues arise when a given decision scenario or activity creates a conflict with a society's moral principles. Both businesses and individuals can be involved in these conflicts and sometimes these conflicts can be legally dangerous as some alternative to solve them might breach a particular law.
