Answer: 3. A marketing objective
Explanation:
Marketing objectives are goals set by a business when promoting its products or services to potential consumers that should be achieved within a given time frame. In other words, marketing objectives are the marketing strategy set in order to achieve the overall organizational objectives.
Marketing objectives are short-term achievements to help you achieve longer-term goals. They should be set on a weekly or monthly timeline. These objectives help a business set out what a business wants to achieve from its marketing strategy.
Answer: (B) Subtract beginning unearned service revenue.
Explanation: The difference between cash-basis and accrual-basis accounting is the timing of when revenue and expenses are recognised. While cash-basis accounting recognises revenue when actual cash is received or when cash is paid for expenses, accrual-basis accounting recognises revenue when it is earned and when expenses are incurred.
To treat cash receipt from customers on service revenue using accrual-basis accounting, the cash receipt would be warehoused in unearned service revenue account, when the service is rendered or depending on the timing of the service (how long the service takes), the unearned service revenue would be unwound to revenue.
Answer: $6,814
Explanation:
Given that,
Initial price of chewing gum = $58
New price of chewing gum = $69
Initial price of cigarette = $39
New price of cigarette = $191
As per the budget equation,
Income with Initial price = Initial Price of chewing gum × quantity of chewing gum + Initial Price of cigarette × quantity of cigarette
= $58 × 76 + $69 × 49
= $4,408 + $3,381
= $7,789
Income with New price = New Price of chewing gum × quantity of chewing gum + New Price of cigarette × quantity of cigarette
= $69 × 76 + $191 × 49
= $5,244 + $9,359
= $14,603
Rise in income required = Income with New price - Income with Initial price
= $14,603 - $7,789
= $6,814
So, there is a need to rise the income by $6,814 and to become $14,603 to maintain the similar level of consumption.
Answer:
The answer is: Stock markets reflect all available information about the value of stocks
Explanation:
Efficient market hypothesis (EMH) is an investment theory about stock markets where the price of stocks is always the fair market value of the stocks. It argues that it is impossible for someone to determine when stocks are either undervalued or overvalued. So all the technical and fundamental analysis techniques are useless.
Answer:
D. Has no effect on the Earnings Per Share for the Coming Year
Explanation:
The cash dividend declared and paid by ABC in January of the Current year represent dividend declared from the profitability of the previous year and as such it will have no effect on the calcuation of Earnings Per Share of the coming year. EPS is a measure to calculate the level of profitability of a company.
The formula for EPS
= (Net Income-Preferred Dividend)/ Weighted Average Shares Outstanding
A cash dividend on common stock only affects the determination of the Total/Weighted Average Common Shares Outsanding which is the denominator of the Formula for calculating Earnings Per Share. It is also important to state that the cash dividend that will affect the Total Average Common Shares is the the dividend declared for that year and not the previous year. Hence, the dividend of the previous year paid in January cannot affect the calculation of EPS for the coming year.