Answer:
Convenience, an online store that offers its products via its online click-to-order catalogs.
Explanation:
Direct marketing channels is a marketing strategy that places the company directly in contact with its prospective customers.
Direct marketing channels include;
- Telemarketing
- Face-to-Face Selling
- TV and other media services
Convenience, an online store that offers its products via its online click-to-order catalogs uses direct marketing channel.
Answer:
recognize a liability and an expense in its financial statements.
Explanation:
Contingent liability refers to a liability that arises in some unpredictable future event. In this, the amount is expected or predicted.
Here in the question the actual occurrence would be categorized also its amount would be predicted so the same is to be recorded as a liability and recorded as an expense in the financial statement i.e. balance sheet & income statement
Answer:
B. $214,000
Explanation:
The insurance premium paid for a 3 year period should not have been expensed out rightly but recognized as expense through periodic amortization spread over the entire period.
As such, the amount that should have been expensed in 2011 for insurance premium is
= 1/3 × $30,000
= $10,000
Recognizing an expense of $10,000 rather than $30,000 would have resulted in an increase in the tax expense by
= 70% × ($30,000 - $10,000)
= $14,000
As such, the retained earnings would have been
= $200,000 + $14,000
= $214,000
The overstatement of an expense would have resulted in an understatement of net income and thus and understatement of the retained earnings.
Answer: The correct answer is "D. They earn identical rewards per unit of systematic risk.".
Explanation: If you are comparing 3 values and by calculating, find that they all have the same Treynor ratio means that they earn identical rewards per unit of systematic risk.
Explanation:
avoid diversity in the makeup of the workforce
