Sales promotion and direct marketing are the two promotional methods consumers convince themselves that it is not unfair.
Faith Ringgold was an <span>African-american artist created the fiber work tar beach as an autobiographical work about her own experiences growing up in New York.
</span>Faith Ringgold is an artist and she was best known for her narrative quilts, Tar beach is one of her most famous story quilts. She <span>was born in New York City in 1930. and when she was working in public schools as an art teacher she began a series of paintings which was called as </span><span>American People.</span><span />
We can actually deduce here that the statement, "revenue is recorded when services are performed, whereas deferred revenue is recorded when cash is received from customers in advance before services are performed" is true.
<h3>What is revenue?</h3>
Revenue is actually known to be the general or total income that an organization or a firm makes from sales of their goods and services. Revenue made helps to ascertain how the company is fairing in terms of sales and customer retention.
We see here that it is true that revenue is recorded whenever services have performed and the service provider has received the payment.
Learn more about revenue on brainly.com/question/24280609
#SPJ1
Answer:
Profits = ₩10,000
Closing Capital = ₩40,000
Explanation:
Let's note down the given information at first.
- Opening capital = ₩30,000
- Worth of assests after 1 year = ₩50,000
- Liabilities = ₩10,000
Now,
Profits
= (Worth of assets after 1 year - Liabilities) - Opening capital
= (₩50,000 - ₩10,000) - ₩30,000
= ₩10,000
Next, let's find the closing capital
= Assets - Liabilities
Assets ₩50,000
Liabilities ₩10,000
Closing capital ₩40,000
D. suitability for the product and ability to make the purchase
