Qualities like hope or friendly service are examples of which of the following?

Which of the following is a reason for advertisers to divert their funds from traditional media? a. Increased funds available fo

Allisa [31]

Consumers’ desire to control their information environment is a reason for advertisers to divert their funds from traditional media.

C) Consumer's desire to control their information environment.

Explanation:

Earlier the information sources were limited and the audience didn't have many options to choose from. The elites and literates would opt for print media and the common audience would opt for radio and other medium of information.

The advertisement agencies would also target the audience based on the information source. Bit with the growing technological advancement, the consumer can now choose their own preferable source of information and hence the advertisers diverted their funds from the traditional media.

7 0

3 years ago

As a general rule, large teams make need satisfaction for individuals more difficult. (1pts)

dimulka [17.4K]

Answer: true

The larger the people on a team, the larger the potential interactions of people with different personalities . If the team is not composed of a right combination of people, need satisfaction for individuals are more difficult and the higher the chance that a project can become frustrating.

6 0

3 years ago

Prepare the journal entry for the issuance of these bonds. Assume the bonds are issued for cash on January 1, 2017. Garcia Compa

algol13

Answer:

Dr Cash $332,775

Cr Bonds payable $290,000

Cr Premium on bonds payable $42,775

Explanation:

Preparation of the journal entry to record the issuance of these bonds. Assume the bonds are issued for cash on January 1, 2017

Based on the information given the journal entry to record the issuance of these bonds will be:

Dr Cash ($290000/100*114.75) $332,775

Cr Bonds payable $290,000

Cr Premium on bonds payable ($332,775-$290,000) $42,775

(To record issuance of bonds)

3 0

3 years ago

On February 1, 2020, Marsh Contractors agreed to construct a building at a contract price of $17,400,000. Marsh estimated total

sammy [17]

Answer:

Check the explanation

Explanation:

Contract price = 17,400,000

Gross profit under percentage of completion method =

[(costs incurred to date / estimated total costs) * estimated profit] - previously recognized profit

Gross profit in 2017 =

[4,500,000 / 12,000,000(4,500,000 + 7,500,000) * 5,400,000(17,400,000 - 12,000,000)] = 2,025,000

Gross profit in 2018 =

[7,920,000 / 13,200,000(7,920,000 + 5,280,000) * 4,200,000(17,400,000 - 13,200,000)] - 2,025,0000 = 495,000

Gross profit in 2019 =

[13,800,000 / 13,800,000 * 3,600,000] - 2,025,000 - 495,000 = 1,080,000

Under the completed contract method Gross profit is recognized only in the year of completion.

Gross profit in 2017 = 0

Gross profit in 2018 = 0

Gross profit in 2019 = 17,400,000 - 13,800,000 = 3,600,000

8 0

3 years ago

At the start of 2018, Santana Rey is considering adding a partner to her business. She envisions the new partner taking the lead

GrogVix [38]

Answer:

a. see a. under the explanation below

b. see b. under the explanation below

c. 20%

Explanation:

a. 1:1 sharing agreement

A 1:1 sharing agreement implies that the new partner is also contributing the same amount which is the amount standing as equity for Santana Rey in Business Solutions as of January 1, 2018. That is, the new partner is to contribute $80,640 as capital.

The total capital will now be equal to $161,280 (i.e. $80,640 + $80,640)

The Journal entries is as follows:

In the book of the new partner:

DR CR

Business Solutions' Cash book $80,640

New Partner's bank account $80,640

Being capital contributed to join Business Solution

In the book of Business Solution:

DR CR

Cash book $80,640

New Partner's Capital account $80,640

Being capital contributed by the new partner to join Business Solution

(b) 4:1 sharing agreement

A 4:1 sharing agreement implies that the new partner will contribute one-quarter of $80,640 standing as equity for Santana Rey in Business Solutions as of January 1, 2018. This is calculated as follows:

Amount to contribute by the new partner = $80,640/4 = $20,160

This will make the total equity be $100,800 (i.e. $80,640 + $20,160)

The journal entries are presented as follows:

In the book of the new partner:

DR CR

Business Solutions' Cash book $20,160

New Partner's bank account $20,160

Being capital contributed to join Business Solution

In the book of Business Solution:

DR CR

Cash book $20,160

New Partner's Capital account $20,160

Being capital contributed by the new partner to join Business Solution

3. Prepare the January 1, 2018, journal entry required to admit a new partner if the new partner invests cash of $20,160.

(The journal entry will be the same as what we have in b above as presented below:

In the book of the new partner:

DR CR

Business Solutions' Cash book $20,160

New Partner's bank account $20,160

Being capital contributed to join Business Solution

In the book of Business Solution:

DR CR

Cash book $20,160

New Partner's Capital account $20,160

Being capital contributed by the new partner to join Business Solution

4. After posting the entry in part 3, what would be the new partner's equity percentage?

A contribution of $20,160 will make the total equity be equal to $100,800 (i.e. $80,640 + $20,160). As a result, the new partner's equity percentage is the new partner equity contributed divided by the new total of Business Solution’s equity multiply by 100. This is calculated as follows:

The new partner's equity percentage = ($20,160/$100,800) * 100

= 0.20 * 100

= 20%

I wish you the best.

8 0

3 years ago