Answer:
He will have $102,979 in his retirement account in 10 years.
Explanation:
Annual Payment = $2,000
Number of Year = n = 10
Interest rate = i = 5%
Compounded Quarterly
Future value after 10 years
FV = A [ ( ( 1 + ( r / m )^mt ) - 1 / ( r / m )
FV = $2,000 [ ( ( 1 + ( 0.05 / 4 )^40 ) - 1 / ( 0.05 / 4 )
Future value = $102,979
So, Ira Schwab will have $102,979 in his retirement account in 10 years.
The statement, "As marketers embraced the concept of integrated marketing communications, they began asking their ad agencies to rely primarily on media advertising," is:
<h3>What was the stance of the marketers?</h3>
When marketers started accepting integrated marketing communications, they did not tell their ad agencies to rely only on media advertising. They rather told them to adequately manage the promotional materials that they had.
Instead of focusing on just one type of promotional tool, they encouraged diversification. So, it is wrong to say that they asked their agencies to focus only on media advertising.
Learn more about marketing communications here:
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The use of IT to seamlessly exchange data is what is referred to as strategic alliance.
<h3>What is strategic alliance?</h3>
This is a type of alliance that is formed where two companies would decide to share their resources in order to undertake a joint project for mutual benefits.
These kinds of alliances are very important due to the fact that it helps to create access to global markets.
Read more on strategic alliance here:
brainly.com/question/4467038
Answer:
Time period from September 1 - December 31 is 4 months and this means that the tenant has occupied the place for 4 months. Hence, 4 months rent would be accrued.
12 Month rent amount = $24,000
Per month rent amount = $240,00/12 month = $2,000
So, Rent for 4 months = 4 month * $2,000 = $8,000
Adjusting Entry
Date Account titles Debit Credit
Dec 31 Unearned Rent Revenue $8,000
Rent Revenue $8,000
Answer:
Mostly because of the <u>scope and influence of big corporations</u>. Although it is easy to start a proprietorship, it is known that revenue will always be limited for that kind of enterprise.
A proprietorship is synonymous with a single person running the company. Usually, small grocery shops, studios, mom-and-pop stores are examples of proprietorship. They will never account for revenue that is even similar to that of a well-known corporation.
Why? Corporations have an advantage over numerous factors:
- bigger<em> budget</em> for investments and various improvements
- <em>omnipresence</em> - Usually, corporations have branches all over the world, reaching out to more customers.
- brand image - This is due to the previous factor. Customers may find corporations and chains more trustworthy, as their grasp of business and operations is huge.