Explanation:
Following is the correct matching of different social media activities with the objectives of the company.
Releases videos of its new, high tech smartphone manufacturing facility
To give consumers a peek into its operations
Hosts an online sweepstakes and gives the winners an extended warranty on a smartphone model
To increase brand loyalty
Gives bloggers a new smartphone handset before the model is on the market
To create consumer awareness about a new product
Ask customers to determine their next model using hashtag #NEWMODEL
To allow consumers to be part of product development
Answer:
b) Debit Accounts Payable $8,250; credit Merchandise Inventory $82.50; credit Cash $8,167.50
Explanation:
Preparation of correct journal entry to record the payment on August 16
Based on the information given we were told that the company made a purchased of the amount of $9,750 of merchandise with terms of 1/10 and as well made returned of the amount of $1,500 worth of the merchandise while the full amount due was paid on August 16 which means that the journal entry to record the payment on August 16 will be :
Debit Accounts Payable $8,250
($9,500-$1,500)
Credit Merchandise Inventory $82.50
(1%×$8,250)
Credit Cash $8,167.50
[(100%-1%)×$8,250)]
Answer:
The correct answer is option B.
Explanation:
Profit maximization refers to the situation when a firm is able to maximize the total profit that it could earn through the production of goods and services.
The total profit is maximized when the marginal profit is zero or when the marginal revenue is equal to marginal cost. The marginal profit is the difference between marginal revenue and marginal cost.
If the marginal revenue is greater than the marginal cost the firm should increase production till both are equal.
In case, marginal revenue is less than the marginal cost the firm should stop producing more and reduce production till both are equal.
Answer:
Explanation:
September October Nov December
Opening cash balance - 9250 3490 3290 3090
Football tickets (160)
Entertainment (250) (250) (250) (250)
Tuition fee (4,800)
Rent (600) (600) (600) ( 600)
Food (550) (550) (550) (550)
Apartment deposit (600) 600
Earning 1200 1200 1200 1200
3490 3290 3090 3490
Covaig Kovar does not have enough cash for the tuition
The projected cash balance of $3490 is less than the tuition of $4800 by $1310
With this budget he is able to realize that he needs to augment his cash inflow or cut his expenses to meet up
The statements that explain how the accounting equation applies to business are:
- The equation reflects that the total of what a business owns at any point in time will equal the total of what it owes creditors and owners.
- The equation applies to all monetary business transactions.
- The relation of assets, liabilities and equity is reflected in the equation.
- The equation states that Assets = Liabilities +Equity
<h3>How does the accounting equation apply in business?</h3>
The accounting equation is given as:
Assets = Equity + Liability
This shows that everything that a business owns (assets) is only acquired thanks to the amounts that the owners ( equity) and creditors (liability) give.
It also shows how assets, liabilities and equity are related and therefore applies to all the monetary transactions in the business as it shows how the cash is affected when it is spent or received.
Find out more on the accounting equation at brainly.com/question/24401217
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