Informational appeals help consumers make purchase decisions by offering factual information that encourages consumers to evaluate the brand favorably on the basis of the key benefits it provides.
<h3>Informational Appeals: What are they?</h3>
- It enables you to highlight the merits of the product and the advantages customers will experience after purchasing it.
- It is a powerful strategy for convincing people that they need and can use your product.
- Con: Informational ads may be tedious.
<h3>What types of appeals are there?</h3>
- The city's mayor urged its residents to maintain their composure.
- We contributed to the school's annual appeal.
- She participated in the planning of an appeal for the homeless.
- My attorney advised that we seek an appeal because the court's ruling was incorrect.
Learn more about Informational Appeals here:
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Answer:
Current liabilities:
Notes payable $8,000
Non-current/long-term liabilities:
Notes payable $1,224,000
Explanation:
The actual amount of notes payable at 31st December is the difference between the short-term debt and the amount of cash realized from the issue of common stock whose proceeds are meant to be used in liquidating the short-term debt.
The actual amount of notes payable=$1,232,000-$1,224,000=$8,000
By issuing common stock of $1,224,000 to repay the short-term debt,the $1,224,000 is effectively converted to funding of long-term nature,hence classified as long-term liabilities
Answer:
Foreign exchange loss
Explanation:
A foreign exchange gain/loss is normal for companies that operate in foreign countries. E.g. you prepared your financial statements by converting the foreign currency into your local currency, in this case you converted Canadian dollars to US dollars. But then the exchange rate between the currencies changes. If the value of the Canadian dollar's value increased after conversion, then you gained, and an adjustment must be made to show that gain. But if the Canadian dollar's value decreased after the conversion, then you lost (what happened here) and an adjusting entry must be made to report the loss.
In order to correct his, you must:
Dr Foreign exchange gain/loss 10
Cr Canadian bank account 10
Answer:
Predictive models
Explanation:
Predictive modeling uses statistics to predict outcomes. It can be applied to any type of unknown event, regardless of when it occurred.
