Answer:
The correct answer is letter "E": output.
Explanation:
The output is the number of goods or services produces by an organization given a specific period. The output is expressed in monetary value and is usually compared to the costs it took to produce the goods or services. The output does not necessarily imply talking about material goods. The output is intangible as well.
Thus, <em>the pumpkins production profits and losses of a farmer are considered as part of the output of an economy</em>.
Answer:
a. True
Explanation:
Sales promotion is the marketing strategy in which the product is being promoted via using short term & attractive initiatives in order to stimulate the demand so that the sales could be increased. It could be used for introducing a new product in the market, selling out the existing inventory, for attracting more customers, etc
Therefore as per the given statement, the option a is correct
Answer:
The correct answer is advertising manipulates the tastes of people and can reduce or decrease the competition.
Explanation:
Advertising is the source through which the company or the firm promote the product or a service of their business, so that the customers could be make aware of the products and the services offered by the firms.
It manipulates the taste of the people by establishing a desire and impedes the competition through increasing the perception of the product differentiation.
Answer:
the number of units that should Sandoval include in its year-end inventory is 29,600 units
Explanation:
The computation of the number of units that should Sandoval include in its year-end inventory is given below:
= Opening units + units purchased + units at consignee location - units damaged
= 26,000 + 2,600 + 4,600 - 3,600
= 29,600
Hence, the number of units that should Sandoval include in its year-end inventory is 29,600 units
This is the answer but the same is not provided in the given options
Answer:
Following would be the journal entry for purchase of office supplies;
Office Supplies A/C Dr. $2500
To Cash A/C $800
To Accounts Payables A/C $1700
(Being office supplies purchased partly for cash, partly on credit, being recorded)
Purchases is a nominal account so the rule which applies is, debit all expenses and credit all incomes and gains.
Cash is also a real account so the principle which applies is, debit what comes in and credit what goes out.
Accounts Payable is also a real account so the same principle applies, as for cash.
