Answer:
Net sales revenue= 220,100
Explanation:
Giving the following information:
Sales, gross $ 245,000 
Sales returns and allowances $ 20,000 
Sales discounts 4,900 
Sales salaries expense 10,900 
<u>Sales salaries expense is not a part of the net sales in a multiple-step income statement. The net sales are as follow:</u>
Sales= 245,000
Sales returns and allowances=  (20,000)
Sales discounts= (4,900)
Net sales revenue= 220,100
 
        
             
        
        
        
Answer:
<u>False</u>
Explanation:
Remember, the word mass media encompasses the use of the internet or web to communicate information.
The cost savings of the web sprangs from digital media which is a form of mass media.
Therefore, a company using the Web to communicate with potential customers  is achieving cost savings through a form of mass media called the <em>digital media.</em>
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Reducing the duration of patent law protection. This would allow firms to recover the costs associated with developing a new product but prevent firms from earning outlandish profits.
Answer: Option D.
<u>Explanation:</u>
The major motive and aim of patent is to increase and encourage the motivation of the producers to innovate and produce new things which can increase the efficiency in the process of production. This is done to increase the innovation.
But if the time of patent of a particular good is reduced then the firm will be able to cover it's cost on the innovation but it would not lead to any kind of inefficiencies as others will also be able to use it after patent is over.
 
        
             
        
        
        
Answer:
Convergence
Explanation:
Convergence meaning that the two different entities are coming together. It is also defined as the tendency of the group members to become more alike. It is also known as the company culture, in the sense, that the people who work there, tend to have the similar characteristics.
Therefore, the convergence is the phenomenon which states the shifting of the styles of the individual management in order to become more similar to one another.
 
        
             
        
        
        
C)people have scare resources and must make choices