It should be noted that Personal selling requires that sales associates be friendly, knowledgeable, and helpful.
<h3>What is Personal selling all about?</h3>
Personal selling can be regarded as face-to-face selling where someone who is the salesman tries to convince the customer in buying a product.
It serves as a promotional method by which the salesperson uses his or her skills to sell goods.
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Answer:
Deferred Tax Asset:
The amount of taxes that is paid or carried forward but not yet identified in the income statement is referred as deferred tax asset
Journal Entries:
Debit: Income Tax Expense (balancing amount) = 812,500
Debit: Deferred Tax Asset = 87,500
Credit: Income Tax Payable = 900,000
- Income tax expense reduces the stockholders. equity. Hence, debit income tax expense with $812,500
.
- Deferred tax asset is an asset and is increased by $87,500. Therefore, debit deferred tax asset account with $87,500.
- Income tax payable increases the liability by $900,000. Therefore, credit Income tax payable account with $900.000.
Working note:
Determine the amount of deferred tax asset.
Deferred tax asset = Rent collected in 2021 × Enacted tax rate
Deferred tax asset = $350,000 × 25%
Deferred tax asset = $87,500
Determine the amount of income tax expense.
Income tax expense = Income tax payable — Deferred tax asset
Income tax expense = $900,000 = $87,500
Income tax expense = $812,500
Anton feels he needs to continue his relationship with his wife because if they broke up, it would be very costly for him financially and damage his business. Anton is showing <u>Constraint commitment</u>.
The desire to be together in the future—to have a lengthy time horizon for a relationship—is a key component of commitment.
Long-term relationship commitment has a significant impact on people's relationship behaviors, encouraging them to act in the couple's best interests rather than their own immediate self-interest.
One of the major advantages of taking a long-term perspective in partnerships like marriage is that the connection is assessed based on a longer time frame rather than just what is happening right now.
A here-and-now perspective would place a lot of pressure on the present exchange of positives and negatives as the basis for judging the relationship because few relationships are consistently gratifying.
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Answer:
Explanation:
The plumber must first be licensed under F.S. 475, Part II. Persons appointed by a court of law to perform real estate services are exempt from real estate licensing requirements when employed by government agencies, railroads, rural electric cooperatives, or public utilities.
Answer:
- Factors of production, household-to-firm
- Factors of production, household-to-firm
- Goods and services, firm-to-household
- Goods and services, firm-to-household
Explanation:
As per Circular Flow of Income
- Households provide firms with factors of production - Land, Labour, Capital, Entrepreneur. They get factor incomes from firms - wages, rent, interest, profit in return.
- Firms provide households with goods & services, get prices for them in return.
- Yakov earning 'wage' by working i.e supplying 'labour' services : is flow of factor of production from households to firm .
- Juanita earning 'profit' by supplying 'entrepreneurship' service : is flow of factor of production from households to firms
- Ana paying 'price' for good 'yoghurt' : is flow of goods & services from firms to households
- Dina paying 'price' for service 'piano lesson' : is flow of goods & services from firms to households
