Answer:
1.
Dr. Net Sales ¥ 1,888,622
Cr. Income Summary ¥ 1,888,622
2.
Dr. Income Summary ¥1,770,833
Cr. Cost of sales ¥ 1,254,981
Cr. Advertising expense ¥ 118,308
Cr. Other expense ¥ 397,544
Explanation:
Closing Entries are passed to close the temporary accounts of a business for the year. These accounts are closed and their balances are transferred to income summary account.
First we will close the the revenue / income accounts and then expenses or cost accounts.
The answer is Perishability. It means that a firm cannot store its service. Service Perishability is used in marketing to describe the way in which service cannot stored in the future. The services in Perishability cannot be saved, resold, stored and return once they have been used.
Answer:
The maximum amount that should be paid for one share of this stock today is $15.29
Explanation:
The price of a stock which pays a constant dividend forever can be calculated using the zero dividend growth model of the Dividend Discount Model (DDM) approach. The DDM values a stock based on the present value of the expected future dividends from the stock discounted using the required rate of return on stock.
The formula for price under zero growth model of DDM is,
Price today (P0) = Dividend / required rate of return
P0 = 2.4 / 0.1570
P0 = $15.286 rounded off to $15.29
The European Union is one of the world's largest single markets, with 25 member countries, a common currency, and more than 454 million consumers.
The European Union is a political and economic union of 27 member states that are located primarily in Europe. The EU provides for open borders between its member countries to facilitate trade without tariffs or duties.
Three bodies run the EU. The EU Council represents national governments. The Parliament is elected by the people. The European Commission is the EU staff. They make sure that all members act consistently in regional, agricultural, and social policies.
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A company that has been in business for much less than twelve months ought to file advertisements with FINRA/10.
An advertisement is a paid promotional tool subsidized by means of a diagnosed sponsor to call public attention to an imparting or a logo. it's a paid promotional device: commercials are paid promotional messages communicated through some mass communication media.
An advertisement refers to a paid form of conversation that promotes a carrier, product, or emblem. marketers use commercials to help agencies reach their targets and increase revenue. It has the desired qualities of strong credibility, high audience attention stages, and friendly audience reception. It capabilities open-ended communique with questions and answers approximately the product, psychological incentives to purchase, memorability, efficiency, and frequency.
Advertising has an easy precept — getting humans interested in a product being offered. After arousing interest, the goal is to persuade human beings to buy the product, although they hadn't formerly idea about buying it. advertisements paintings by using psychology to persuade the way human beings think and feel about products or services.
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