a trading account deals with the u.s. government
Answer:
Marketing is much more than just sales and advertising.
Explanation:
Marketing is when an individual or a firm develop the interest of a client or an intending customer to the product one sells or services one render. It makes use of research, distribution, sales promotion etc .
Before an individual or a business venture goes into marketing, it must make thorough research on who his potential buyers are, how can he convince them to buy the products.
The distribution channel must also be considered, like getting the goods
directly to the buyers or involving middle men. There is also sales promotion when considering marketing. Sales promotion includes all activities aimed at promoting immediate sales like raffle draws, offering gifs after purchase etc.
The basic aim of marketing is to sell, acquire customers and retain them while employing marketing concepts and mix(using place, price, promotion and product).
Answer:
Its very simple, the required return would be 12% of the amount invested today. And this can be explained by the use of DVM (Dividend valuation Model), which is as under:
For ordinary shares r = (Dividend after one year / Share price now)
Dividend after one year = Required return * Share Price Now
Assuming no growth in the dividends, we can say that the required return would be 12% of the amount invested now which is the share price of the ordinary shares.
Answer:
On October 15
Travel expense $39
Delivery Expense $138
Office expense $214
Petty cash ($1000 - $400) $600
Cash over and short ($400 - $39 - $138 - $214 - $16) $7
To Cash $984
(Being the replenishment of the petty cash fund is recorded)
Explanation:
The journal entry is shown below:
On October 15
Travel expense $39
Delivery Expense $138
Office expense $214
Petty cash ($1000 - $400) $600
Cash over and short ($400 - $39 - $138 - $214 - $16) $7
To Cash $984
(Being the replenishment of the petty cash fund is recorded)
For recording this journal entry we debited the all expenses incurred plus the petty cash is also debited and cash is credited and the remaining balance is transferred to the cash over and short
