These kind of expenses are under the capital costs. Capital costs are fixed costs acquired when you build the establishment in order to make it commercially operable. For example, when you want to open up your own clinic, you would have to build your own office and spend money to buy medical equipment and their installation costs. Moreover, you would have to spend on legal works to register and acquire your business permit. These costs are one-time only and incurred at the early stages of your milestones.
The gap of $1370 represents the amount of goods not yet delivered to the company. When a company purchases inventory, on the basis of the accrual principle in accounting, transactions are recorded as they occur even if the actual possession will take place eventually. In this case, the overall amount of merchandise bought is recorded in the company's books. After a physical count, we'll find out that the shrinkage represents stock that is yet to be delivered.
Answer:
1)?
2)America is referred to as the melting pot because there are many different kinds of cultures represented here and that makes for a very diverse market. This means that sports marketers must be very diverse and able to reach consumers of all demographics.
3)The sports and entertainment industry is popular due to how much everyone wants to watch and listen to the most talented people in the world. Many people aspire to be rich and famous in the future so they follow the steps of the best stars.
4)?
5)?
Explanation: Sorry I could only get a couple in the short amount of time! <3
Answer:
Procurement
Explanation:
The process of "procurement" refers to purchasing the goods and services that will be used in the company's business. This gives the company the ability to choose where and from whom they will buy their supplies. This allows "fairness" and promotes<em> competition. </em>
The act of buying lumber and raw materials by the furniture manufacturer, including its machines, equipment, manufacturing supplies and office supplies belong to the process of procurement. Companies set their <u>own procurement policies</u> in order to ensure that<em> it aligns with the interest of the public.</em>
So, this explains the answer.
