Answer:
Total subscriptions revenue for the period= 4 months (September 1 - December 31)
= (600 * $81) * 4/12
= $48,600 * 4/12
= $16,200
Hence adjusting entry would be:
Deferred subscriptions revenue a/c Dr $16,200
To Subscriptions revenue Cr $16,200
Answer:
Explanation:
Provided that the demand is inelastic, there would be an increment in revenue.
Total revenue is calculated as the quantity of a good sold multiplied by its price.
There is a close interrelation between price elasticity of demand and total revenue, in the sense that they deal with the same two variables - which are price and quantity.
If the product has an elastic demand, revenue can be increased by decreasing the price of the good. Q will increase at a greater rate, while P will decrease, thereby, increasing the total revenue.
If the product has an inelastic demand, then the prices of goods can be increased and sold slightly less of that item but a higher revenue must be obtained.
Explanation:
Persuasive message:
- Cordial, positive communication, with a focus on negotiation and openness to receiving proposals and feedbacks.
- Indirect approach, with a focus on explaining the advantages and benefits of the public to perform the expected action such as performing a specific task or concluding a sale.
Deliver bad news in business:
- Be transparent and communicate all the reasons that led the organization to face the bad news that is being communicated, maintaining a realistic but positive approach to maintain the sense of unity and overcoming of employees.
- Using an indirect approach so that bad news has less impact on the audience, for this the communication is made using soothing words and the news is in fact only given at the end of the message when explanations of the reasons for the fact are explained which increases the employees' sense of understanding.
