All categories

2 years ago

If you had a choice how much are you willing to pay per month to have access to and use the various social media platforms?

Business

1 answer:

svet-max [94.6K]2 years ago

6 0

Answer: $10 per month

Explanation:

$10 would be an ideal amount for me to pay to have access to the various social media sites if the major sites are on offer.

I think this amount reasonable because I do not use social media all that much but I would still like access to a variety of them. I would essentially therefore, be paying for my reduced time on the net.

Some might say that the companies might not make a profit if they charge $10 a month but I think they will because they make most of their money from ads so it would be good for them to offer the lowest subscription prices so that they can capture more people which will appeal to advertisers.

You might be interested in

In 2020, Metlock Corporation had net cash provided by operating activities of $569,000, net cash used by investing activities of

Mashcka [7]

Answer:

See below

Explanation:

The cash balance as at the end of December 31 2020 is the net cash provided by operating activities, less net cash used by investing activities plus net cash provided by financing activities plus the beginning cash balance as at January 1, 2020

Net cash provided by operating activities = $569,000

Net cash used by investing activities = $988,000

Net cash provided by financing activities = $595,000

Beginning cash balance = $331,000

Closing cash balance = $569,000 - $988,000 + $595,000 + $331,000

Closing cash balance = $507,000

3 0

2 years ago

A 68-year old new customer has investment objectives of preservation of capital and income in retirement. The customer has a low

iren [92.7K]

Answer:

C) Pre-funded general obligation funds.

Explanation:

Since this customer is looking to preserve his capital and income in retirement (he is 68 years old, if he isn't retired, he will soon be). Since his tax bracket is very high, he should invest in bonds that do not pay federal income taxes, like pre-funded municipal bonds. These are very safe investments that generally have shorter maturity dates. That way, both of the client's needs will be met: secure investments and income.

4 0

3 years ago

RHO Company began its operations on January 1 and produces a single product that sells for $10.25 per unit. The standard capacit

Contact [7]

Answer:

Explanation:

Direct material per unit produced = 2.50

Direct labor per unit produced = 1.50

Factory overhead:

Factory overhead - $120,000

80,000 units were produced

Fixed factory overhead = 120,000/80,000=1.5

Also, Factory variable overhead per unit produced = 1

Total factory overhead = (120000/80000+1) = 2.50

Standard cost of manufacturing a unit of product = 2.50+1.50+2.50 = 6.50

7 0

2 years ago

You just received an insurance settlement offer related to an accident you had three years ago. The offer provides you with thre

nevsk [136]

Answer:

You just received an insurance settlement offer related to an accident you had three years ago. The best choice is Option C: $85,000 as a lump sum payment today.

Explanation:

Whereas in option A, which is $1,500 a month for 6 years,

you will accumulate a total of $1,500 × 72 = $108,000

For Option B, $1,025 a month for 10 years,

you will accumulate a total of $1,025 × 120 = $123,000

Option C which is $85,000 a a lump payment today is the best option because,

You can invest it at 7.5 percent earnings which will generate

$85,000 × 7.5/100 = $6,375 annually

with an annual earning of $6,375, you can accumulate the following in 6 years

$6,375 × 6 = $38,250

when you add it to the lump sum, you will get

$85,000 × $38,250 = $123,250

Furthermore,

with an annual earning of $6,375, you can accumulate the following in 10 years

$6,375 × 10 = $63,750

when you add it to the lump sum, you will get

$85,000 × $63,750 = $148,750

Therefore, with Option C, you will earn more.

You will get more than option A&B within 6 years and the cumulative sum for 10 years is far better than option B.

7 0

2 years ago

The following events apply to Kate Enterprises:______.

kotegsom [21]

Answer:

Kate Enterprises

Event No. Type of Event Account Debited Account Credited

1 AS Cash Common Stock

2. AS Cash Service Revenue

3. AU Salaries Expense Cash

4. AE Prepaid Rent Cash

5. AU Other operating exp. Cash

6. AU Accounts payable Cash

7. AU Utilities Expense Cash

8. AS Accounts Receivable Service Revenue

9. AU Dividends Cash

10. AS Supplies Accounts Payable

11. AS Cash Service Revenue

12. AE Salaries Expense Salaries Payable

13. AE Rent Expense Rent Payable

14. AE Unearned revenue Earned Revenue

Explanation:

Asset source (AS) = increases an asset and a claim on the asset

Asset use (AU) = decreases an asset and a claim on the asset

Asset exchange (AE) = does not change the value of assets or claims

Claims exchange (CE) = decreases one claim account and decreases another.

4 0

2 years ago

If you had a choice how much are you willing to pay per month to have access to and use the various social media platforms?​

If you had a choice how much are you willing to pay per month to have access to and use the various social media platforms?