Purchases = Sales units + Closing inventory - Beginning Inventory
= 6,000 + (1,000 * 115%) - 1,000
= 6,150 units
C. Accounts Payable
Income tax expense is the amount that your company calculates for taxes, whereas income tax payable is the actual amount calculated by the IRS that the company owes which is recorded as a liability in accounts payable until the tax bill is paid off.
Answer: (C) Product placement
Explanation:
The product placement is one of the type of marketing technique in which the various types of specific products or the brands are incorporate into the other types of works for example television and the various types of films program.
The product placement is important as by using this strategy it helps in increase the sale and also increase the awareness of the brands.
According to the given question, the marketers basically categorized into the advertising form as the product placement.
Therefore, Option (C) is correct.
Economic cycle is defined as the fluctuations of the economy between the period of expansion and contraction.
There are four stages of economic cycle :
Expansion, peak, contraction, trough
Under the stage of contraction, the business flow is slow as low retail sales, prices, interest rates. The correction will takes place in this stage and economy started recovering in the next stage that is trough.
It is very important to insight the economic cycle for taking major decisions regarding investment and business.
This cycle goes in cyclic pattern.
The investors will invest more in the contraction period because rates were relatively low in this stage.
To know more about economic cycle:
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Answer: Backtranslation
Explanation:
Back translation is the process of interpreting a document or retranslating a document that had been translated into another language back to its main original language.
Since the researchers are planning to use English and French versions of the survey, then in the preparation of the survey, they should use backtranslation.
