1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sauron [17]
3 years ago
11

13. Crowd sourcing can take the place of market research. True O False

Business
1 answer:
wlad13 [49]3 years ago
8 0

Answer:

False

Explanation:

It can be surveys, online polls, direct interviews, mail, telephonic communications etc. Due to its lacking advanced analytics, methodology issues, branding risk, and privacy issues, its clear crowdsourcing will not replace traditional market research.

Hope this helps!!! Brainliest is appreciated.

You might be interested in
Revenues are normally recognized when the company transfers promised goods or services in the amount the company expects to be e
iren [92.7K]

Answer:

A. None

B. Interest revenue $1,500

C. Sales revenue $32,000

D. None

E. Sales revenue $16,000

F. None

G. None

H. None

I. None

J. Revenue tickets sales $10,000,000

K. None

L. $96,000

M. 300

Explanation:

Indication for the revenue account title and amount for each transaction

a. Since we were told that Subscription will begins in next fiscal this means that Revenue amount will be earned when subscription begins in the next fiscal year.

b. Annual interest = $1,500

Interest revenue earned in September = 1,500 / 12

Interest revenue earned in September = $125

c. Based on the information given the amount of Revenue to be recognized for cash equivalent sales value will be $32,000

d. Since we were told that PVH has just received the order in the month of September this means that no revenue can be recognized.

e. Revenue to be recognized = 1,000 * $16

Revenue to be recognized = $16,000

f. Bssed on the information given the revenue amount has already been recognized when the order made is satisfied.

g. Based on the information given the payment that was made is for travel in January which means that revenue is to be recognized only when travel takes place. Hence, No revenue will be recognized in September.

h. Based on the information given the Issue of common stock will not be a sales transaction.

i. Based on the information given the amount of Cash received in the month of September is Únearned revenue reason been that revenue will be recognized l when football game is been played.

j. Based on the information given out of 7 games, first game is played, which means that the Revenue amount to be recognized will be :

Revenue= 70,000,000/ 7

Revenue = $10,000,000

k. Based on the information advance amount for future construction was received which is 'Unearned Revenue' therefore No revenue is earned yet.

l. Since It is sales on account the evenue to be recognized will be the amount of $96,000

m. Revenue to be recognized will be the amount of $300 because payment was made through credit card

Therefore the summary of Revenue account affected and Amount of Revenue earned in September is :

Revenue account affected; Amount of Revenue earned in September

A. None

B. Interest revenue $1,500

C. Sales revenue $32,000

D. None

E. Sales revenue $16,000

F. None

G. None

H. None

I. None

J. Revenue tickets sales $10,000,000

K. None

L. $96,000

M. 300

.

6 0
3 years ago
uring 2019, Zigma Company earned service revenue amounting to $810,000, of which $650,000 was collected in cash; the balance wil
BaLLatris [955]

Answer:

$810,000

Explanation:

Based on the information given we were told that the during the year 2019 the Company earned service revenue that was amounting to the amount of $810,000 which simply means that the amount that the year 2019 income statement of the company should report for service revenue will be the amount of money or cash that the Company earned as service revenue which is $810,000.

8 0
3 years ago
During 2019, Lowes Company sold equipment with a book value of $120,000 for proceeds of $145,000. The company purchased new equi
pogonyaev

Answer:

Overally, the statement of cash flows will report net cash inflows of $145,000.

Explanation:

The sale would attract proceeds of $145,000 which is a cash inflow to the company.

The profit on sale of ( $145,000 - $120,000 )$25,000 is a non- cash flow item.

The Purchase of  new equipment by signing a long-term note payable is a non-cash financing and investment activity.

Conclusion :

Overally, the statement of cash flows will report net cash inflows of $145,000.

6 0
3 years ago
Johnson lives near Dollywood, a popular theme park in Tennessee. Johnson decides to begin a new money-making venture selling scr
Stells [14]

The business venture created by Johnson is effectively s sole proprietorship.

<h3>What is a sole proprietorship?</h3>

A sole proprietorship is a type of business venture that is owned by a single individual. A sole proprietorship has an unlimited liability. This means that when the business is unable to meet its debt obligations, the properties of the sole proprietor can be used to settle the debt.

To learn more about sole proprietorship, please check: brainly.com/question/15132409

5 0
2 years ago
A recent campaign cost $100,000 in advertising. It contacted 15,000 potential customers and resulted in acquiring 300 new custom
algol [13]

Answer:

ukutktkjytj

Explanation:

6 0
3 years ago
Other questions:
  • Thirty-one days before filing a petition in bankruptcy, Gavin transfers property and makes payments that favor one creditor over
    9·2 answers
  • Which of the following is not something the HR specialist will discuss with a new employee?
    7·1 answer
  • Candlewood LLC started business on September 1, and it adopted a calendar tax year. During the year, Candlewood incurred $6,500
    7·1 answer
  • Ben Perez is driving along a mountain road. In the distance, he sees a road crew working on a fallen tree that has blocked the h
    12·1 answer
  • A company paid $150,000, plus a 6% commission and $4,000 in closing costs for a property. The property included land appraised a
    9·1 answer
  • Given the following, calculate total manufacturing costs: Direct materials: $40,000; Direct labor: $100,000; Manufacturing overh
    11·1 answer
  • One component of learning about another country or region is to understand the relationship of its currency with others on the w
    10·1 answer
  • You need to accumulate $10,000. To do so, you plan to make deposits of $1,000 per year - with the first payment being made a yea
    7·1 answer
  • The restaurant sector continues to grow despite the hurting economy.<br><br> O True<br><br> O False
    8·1 answer
  • How does the organization of the Federal Reserver System Help it perform its functions?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!