The legal issue that is illustrated based on the information given is copyright.
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What is copyright?</h3>
Copyright is a legal term used to describe the rights that creators have over their literary and artistic works.
In this case, during the official photography session, a freelance photographer surreptitiously takes photographs of the scene which he sells to a tabloid newspaper.
The legal issue that is illustrated based on the information given is copyright.
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Answer and Explanation:
The preparation of a comparitive income statement, with vertical analysis, stating each item for both years as a percent of sales is prepared below with the help of the attached spreadsheet:-
The formula that we have used is shown below:-
Gross profit percent = Gross profit / Sales revenue
Cost of goods sold percent = Cost of goods sold / Sales revenue
and in a similar way operating expenses items.
Answer:
Gasoline is a normal good
Explanation:
Normal goods are goods that are goods whose demand increases when income increases and falls when income falls
Inferior goods are goods whose demand falls when income rises and increases when income falls.
Because the demand for gasoline falls when income falls, gasoline is a normal good.
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I think it's False
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Answer:
c. lifetime value of a customer
Explanation:
Based on the information provided within the question the term being described is called the lifetime value of a customer. Like mentioned in the question this term refers to a measurement used in business statistics in order to calculate the total revenue that a single customer account can bring to the business. Since they calculate profit, the company deducts what they are spending in order to acquire, market to, and service the customer from the benefits brought by the customer to the business.