One of the biggest non-monetary costs for hospitality customers is time.
<h3>What is non-monetary costs?</h3>
- When a buyer purchases a product, he not only spends money, but also other resources.
- These are referred to as non-monetary expenses, and they include time, convenience, effort, and psychological costs.
- Economists have recently come to understand that consumers make other trade-offs in order to receive goods and services in addition to paying a monetary price.
- As a result, demand is influenced by other expenses in addition to the monetary price.
- The idea of non-monetary expenses has grown in significance in social marketing.
- Non-monetary costs are another type of sacrifice that customers feel when they purchase and use a service.
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The journal entry that is needed to record the needed adjustment is;
Cost of Goods sold: 1,000 debit
Merchandise Inventory: 1,000 credit
When making the journal entry the company needs to adjust for the lower amount of merchandise that they have. Then the cost of the goods that were sold needs to be debited. Lastly, the merchandise inventory is credited.
It is imperative that all companies keep an updated journal. This helps to keep the balances correct. If the company has an audit and the adjustments aren't made correctly they could be fined.
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A news reading app is a type of advertising in an online publications that consisted of hundreds of highly targeted on Internet along with magazines created by users.
<h3>What is the
Flipboard?</h3>
A news-reading app gathers articles from around the web and delivers them to one's device in attractive Smart Magazines that you can tailor to your own interests.
In conclusion, it is a true statement that the news reading app is a type of advertising in an online publications that consisted of hundreds of highly targeted on Internet along with magazines created by users.
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Answer:
A normative statement is one that makes a value judgment. Such a judgment is the opinion of the speaker; no one can prove that the statement is or is not correct
Explanation:
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The loan contribute negatively to her financial well-being is because it takes longer for here to finish paying off the credit.
