Answer: (A) Experiential marketing
Explanation:
Experiential marketing is basically provide the ability for evaluating the the personal connection in which the customer are ware about the products and the services which is provided by an organization.
This marketing techniques helps in increase the demand of the customer more personalization.
According to the given situation, the Fournotts corp. is one of the sports shoe manufacturer and for the publicity the organization invited the consumers for shoes trial and this refers to the experiential marketing strategy.
Therefore, Option (A) is correct.
Answer and Explanation:
The general journal entries are shown below:
On Aug 1
Cash Dr $6,500
Equipment $33,500
To Common stock $40,000
(Being the invested amount is recorded)
For recording this we debited the cash and equipment as it increased the assets and at the same time it also increased the stockholder equity so common stock is credited
On Aug 2
Prepaid insurance Dr $2,100
To cash $2,100
(Being the cash paid is recorded)
For recording this we debited the prepaid insurance as it increased the assets and at the same time it also decreased the assets so cash is credited
On April 5
Office supplies Dr $880
To cash $880
(Being the office supplies purchased for cash is recorded)
For recording this we debited the office supplies as it increased the assets and at the same time it also decreased the assets so cash is credited
On April 20
Cash Dr $3,331
To Fess earned $3,331
(Being cash earned is recorded)
For recording this we debited the cash as it increased the assets and at the same time it also increased the revenue so fees earned is credited
On April 31
Utilities expense $675
To Cash $675
(Being the utilities expense paid)
For recording this we debited the utilities expense as it increased the expense and at the same time it also decreased the assets so cash is credited
Answer:
Account Balance in margin account:
Investment = $6,000 (100 x $60)
The customer's account will first increase with an unrealized gain of $2,000 ($80 - 60 x 100) on the next day. It will then decrease with an unrealized loss of $2,000 ($80 - 60 x 100) on the day after. This cancels the earlier unrealized gain.
Explanation:
The customer's investment will now show a balance of $6,000 with a contra account showing a debt of $3,000 for the balance of the Regulation T margin account. According to investopedia, "A margin account is a brokerage account in which the broker lends the customer cash to purchase stocks or other financial products. The loan in the account is collateralized by the securities purchased and cash, and comes with a periodic interest rate."
In team-based environments, the principal may have difficulty determining individual contributions by members. This can create a situation in which an opportunistic employee does little work but takes credit and this is known as adverse selection.
<h3>
What is Adverse selection?</h3>
- In general, the term "adverse selection" refers to a situation in which sellers have knowledge about a certain feature of product quality but purchasers do not, or vice versa. In other words, it is an instance of the use of asymmetric information.
- When one side to a transaction has more in-depth knowledge of the relevant facts than the other, this is known as asymmetric information, also known as information failure.
- Usually, the vendor is the one who has more knowledge. When both parties are knowledgeable, it is said that there is symmetric information.
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