Companies who passively accept the marketing environment<u> "view it as uncontrollable and do not attempt to change it".</u>
Marketing Environment is the mix of outside and interior factors and powers which influence the organization's capacity to build up a relationship and serve its clients.
The marketing environment of a business comprises of an internal and an external situation. The inside condition is organization particular and incorporates proprietors, laborers, machines, materials and so forth. The outside condition is additionally partitioned into two segments: micro & macro.
Answer:
Dr Owner capital account $275
Cr Drawings Account $275
Explanation:
The initial entry was:
Dr Drawings $275
Cr Inventory $275
And the closing entry is to close the drawing account which is done by crediting the whole balance left in the drawing account and charging it to owner capital account. By doing so the drawing shows lowers the profit as the owner has not paid any cash and the drawing account closes at zero balance at the end of the year.
Answer:
If Edgar decides to become partners with the corporation, he'll need to change from cash method to the use of accural method.
Explanation:
If Edgar engages with this large publicly held corporation in a limited partnership, he will have to change from the cash method and use the accrual method of accounting.
The use of the cash method by corporations isn't allowed by IRS and the accrual method is needed to report income earned for Federal income tax purposes to ensure proper and precise reflection of annual income.
In the cash method, Edgar will not currently recognize income until it is actually received. While under the accrual method Edgar would recognize income when it is earned, irrespective of when the income is to be collected.
Answer: C. the financial structure of the business
Explanation:
The financial structure of the business is made up of the assets, liabilities, and the equity account of a business, which are interrelated and interact with each other.
The assets are a company's property while liabilities has to do with what the company owes and equity is gotten when liabilities is deducted from the asset.
The answer is "wage structures"
