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Assoli18 [71]
3 years ago
6

_____ advertising is done by local merchants to encourage consumers to shop at a specific store, use a local service, or patroni

ze a particular establishment.
Business
1 answer:
ololo11 [35]3 years ago
8 0

Answer:

The correct answer is letter "D": Retail.

Explanation:

Retail advertising is developed by retailers to attract consumers to their local stores. This type of marketing may not be necessarily focused on the product features but how they are sold, meaning in bundles or at discount. It is the final merchandising made to products before they reach end-consumers.

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4 years ago
Summit Services Co. offers its services to individuals desiring to improve their personal images. After the accounts have been a
Fudgin [204]

Answer:

Dr Fees earned $1,150,000

Dr Retained earnings - Bal. Fig. $16,200

(1,166,200-1150000)

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Dr Retained Earnings 5,000

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Explanation:

Preparation of the closing entries required to close the accounts.

May-31

Dr Fees earned $1,150,000

Dr Retained earnings - Bal. Fig. $16,200

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Cr Wages expense 915,000

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(To close the Expenses )

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Dr Retained Earnings 5,000

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5 0
3 years ago
If the federal reserve increases the interest rate on bank deposits at the fed, banks will want to hold question 4 options: fewe
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If the federal reserve increases the interest rate on bank deposits at the fed, banks will want to hold <span>more reserves, so the reserve ratio will rise.</span>
4 0
3 years ago
When supply is higher than demand, prices will?
Lelechka [254]

Answer: Prices will decrease

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3 0
4 years ago
Read 2 more answers
If the reserve ratio increased from 5 percent to 10 percent, then the money multiplier would a. ​rise from 5 to 10. b. ​fall fro
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Answer:

c. ​fall from 20 to 10.

Explanation:

The formula for the money multiplier is 1/reserve ratio,this means that the lower the reserve ratio the higher the multiplier, the reason for this is when the reserve ratio is lower banks can loan out a higher proportion of money therefore more money is created thus the multiplier and reserve ratio have an inverse relationship.

when the reserve ratio is 5% the multiplier is 1/0.05=20

When the reserve ratio is changed to 10% the multiplier is 1/0.1= 10

So the multiplier changes from 20 to 10.

4 0
4 years ago
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