Answer:
the sample of individuals from whom content is gleaned may not be statistically representative of the marketplace.
Explanation:
The product that is promoted by Marketing team tend to be suitable only for costumers with specific set of characteristics. (Could be depended on their age, income, gender, etc)
The data that is gained from internet more often than not will come from anonymous Account. You can never be sure about the account's owner identity and characteristic.
Which mean that the person from which the data is taken do not necessarily represent the market demographic that the marketing team want to target.
When buying or selling a futures contract, the trader commits what amount of funds the amount of the initial margin. A futures contract is a legal agreement to buy or sell assets, mainly commodities, at a set price but it will be delivered and paid for later. Based on the definition of a futures contract, the trader will have to commit to the initial amount that was set to be traded when the legal agreement was made.
Answer
An economist engineer suggest that the 21st century has seen rise in number of online market and platforms that offer competition to the traditional ways of trade
Explanation
Let's take a look at eBay, Airbnb and Uber which are all marketing platforms where customers can acquire services and goods with just click of the phone button. Goods and services are currently offered for users provided they have access to internet connection with a good gadget. Economist engineers explain the need to understand the manner these markets are designed with more concern on mathematical models and techniques.
Answer:
(B) 34400 units
Explanation:
The formula to compute the break even point is shown below:
= (Fixed costs) ÷ (Contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $50 - ($50 × 50%)
= $50 - $25
= $25
And, the fixed cost = $665,000 + $195,000 = $860,000
So, the break even point would be
= ($860,000) ÷ ($25)
= 34,400 units
Answer:
A two-column schedule listing names and balances of all ledger accounts.
Explanation:
Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors.
Generally, financial statements are the formally written records of the business and financial activities of a business entity or organization.
There are four (4) main types of financial statements and these are;
1. Balance sheet: it contains financial information about assets, liability, and equity.
2. Cash flow statement: it contains financial information about operating, financial and investing activities.
3. Income statement: it contains financial information about the income and expenses of an organization.
4. Statement of changes in equity: it contains financial information about profits or loss, dividends, etc.
A trial balance consists of a two-column schedule listing names and balances of all ledger accounts.