A marketing leaders adopts a service-dominant logic as guiding principle when there is shift in balance from tangible goods to intangible services.
<h3>What is
service-dominant logic?</h3>
This logic refers to a perspective which introduces a new method for articulating an alternative view of exchange and value creation in the markets.
In conclusion, sometimes, a marketing leaders adopts a service-dominant logic as guiding principle when there is shift in balance from tangible goods to intangible services.
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Answer:
$76,440
Explanation:
Calculation to determine the proper amount of net income as of December 31, 2018
Net income $87,000
Less Adjusted for insurance ($4,050)
($16,200*3/12)
Less Adjusted for deferred income ($2,700)
Less Adjusted for supplies ($2,100)
Less Adjusted for interest ($1,710)
($57,000*9%*4/12)
Net income (Adjusted) $76,440
Therefore The the proper amount of net income as of December 31, 2018 will be $76,440
Based on the various transactions, the addition to retained earnings was <u>A. $5,075.88</u>
<h3>What was the after tax net profit ?</h3>
This can be found as:
= (Revenues - Interest expense - Depreciation - Cost of goods sold - Admin expenses) x ( 1 - tax)
= (42,629 - 1,230 - 2,609 - 23,704 - 7,040) x ( 1 - 22%)
= $6,275.88
<h3>Addition to retained earnings </h3>
= After tax net profit - Dividends paid
= 6,275.88 - 1,200
= $5,075.88
In conclusion, option A is correct.
Find out more on retained earnings at brainly.com/question/25998979.
