The business sectors identified in QUESTION 1.3.1

A classmate excitedly tells you of what he believes to be a good deal. He goes on and on about signing up for a free 30-day tria

Nikitich [7]

Answer:

reciprocity principle

Explanation:

A reciprocity principle is a form of socio-psychological principle in which individuals generally tend to pay back in good, and in any form of capacity for whatever favor they receive.

Hence, in this case, the music company is hoping the the "reciprocity principle" will work on consumers that subscribe to free music as they might wish to give back to the company based on consumers feeling indebted to them for all the free music that was streamed

8 0

3 years ago

Mark has been working at shop-mart for the past 10 years. despite working hard, he is unable to get what he wants or needs done,

Brilliant_brown [7]

Stress because he is getti g the symptoms

4 0

3 years ago

Read 2 more answers

Marin Industries had one patent recorded on its books as of January 1, 2020. This patent had a book value of $201,600 and a rema

konstantin123 [22]

Answer:

The patent should be reported at $302,400 on the December 31, 2020, balance sheet.

Explanation:

Remaining useful life in month of patent on January 1, 2020 = 8 * 12 = 96 months

Remaining useful life in month of patent on December 1, 2020 = 96 - 11 = 85 months

Amortization of book value of patent in 2020 = (Patent Book value / Remaining useful life in month of patent on January 1, 2020) * 12 = ($201,600 / 96) * 12 = $25,200

Amortization of legal cost in 2020 = (Legal cost / Remaining useful life in month of patent on December 1,, 2020) * 1 = ($127,500 / 85) * 1 = $1,500

Carrying amount of patent = Patent Book value + Legal cost = $201,600 + $127,500 = $329,100

Patent book value on December 31, 2020 = Carrying amount of patent - Amortization of book value of patent in 2020 - Amortization of legal cost in 2020 = $329,100 - $25,200 - $1,500 = $302,400

Therefore, the patent should be reported at $302,400 on the December 31, 2020, balance sheet.

8 0

3 years ago

Which of the following statements is TRUE? Group of answer choices Dependent demand is directly related to the demand of other s

liubo4ka [24]

Answer:

A). Dependent demand is directly related to the demand of other stock-keeping units (SKUs) and can be calculated without needing to be forecasted.

Explanation:

The first statement asserts a true claim as it correctly states that 'dependent demand is promptly associated to the demand of further SKUs and therefore, it can be measured without requiring any prediction.' Dependent demand is characterized as a demand that is reliant on the other products' demand. This is why such demands are directly influenced by a rise or fall in the other products' demand and <u>this is the reason due to which dependent demand can be calculated easily without any prediction because it will observe a similar impact as its associated product would face</u>. Thus, <u>option A</u> is the correct answer.

6 0

3 years ago

Consumer Products Corporation wants to make an offering of securities to the public. This offering is not exempt from registrati

Ilia_Sergeevich [38]

Answer:

C. a prospectus.

Explanation:

Before a firm make an offering of its securities public, it must provide investors with prospectus as it contains the aims, purpose and objectives of the firm. All relevant information about the firm is contained therein.

Prospectus provides clarity to intending investors such as shares to be offerred for sale, issues on tax to be paid, investment policies, component of the fund and shares redemption etc. It is a legal document required by securities and exchange commission which gives information of an investment offering to the public about the sale of securities such as stocks, shares, bonds etc.

The prospectus must also give a concise information because investors will rely on it whether to invest by reviewing the investment fund and to check whether to invest in such fund.

5 0

3 years ago