Answer:
They should be planned for.
Explanation:
Unexpected expenses include emergencies and other unforeseen costs that a person incurs in day to day activities. These unexpected expenses must be paid for, which means resources must come from somewhere to effect the payments.
The best way to cater to unexpected expenses is to include them in the budget. Contingencies is the term used to describe funds kept aside to settle unexpected expenses. Without a contingency arrangement, unexpected expenses will affect the budget and a person's ability to pay normal bills.
<u>90% </u>of a manufacturer's profit and income comes from repeated purchases from returning customers.
<h3>What is Lifetime Customer Value (LCV)?</h3>
Lifetime Customer Value is the entire contribution of a customer to a brand or business enterprise over the course of their relationship.
It's an essential metric since keeping returning customers requires less than acquiring new ones, thus improving the value of your existing customers is an excellent strategy to generate growth and profit.
Therefore, we can conclude that <u>90% </u>of a manufacturer's profit and income comes from repeated purchases from returning customers.
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Answer:
The answer is: Paid-in Capital in Excess of Par Value will be increased for $180,000.
Explanation:
Norben Company's stock par value was 5$, so 6,000 stocks should be worth $30,000 par value. Since the stocks were sold at $210,000, the difference between fair market price and par value $180,000 ($210,000 - $30,000) should be credited to the account Paid-in Capital in Excess of Par Value.
Explanation:
1. Working "off of books involves working within the underground economy, in which government economic activities are hidden to avoid taxation or laws, or in which products and services are sold illegally.
2. As the government is shielded from activities within the informal economy, they would not be included in GDP figures.
3. If GDP is calculated accurately, the government will find it difficult to set strategies to accomplish macroeconomic objectives. Normally, the government does not receive tax revenue from illegal sales. This could result the government to raise taxes on non-underground company individuals and companies, thus prohibiting their jobs, saving and investment.
Matthew will evaluate the alternative using a series of questions.
<h3>
What are the ethics of marketing?</h3>
Fairness and honesty are encouraged by marketing ethics in all of their advertisements.
Any false statements made to clients, invasion of their privacy, use of stereotypes, and targeting of the weaker demographic (such as youngsters and the elderly) are all considered unethical. Even attempting to harm a competitor's reputation is regarded as immoral.
Ethics in marketing is essential to ethical decision-making for a product or service to have the best possible presence in its specialized market.
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