When you purchase an item,

The account balances of Sentinel Travel Service for the year ended August 31, 2019, are listed below:

Yanka [14]

Answer:

Explanation:

The preparation of the report form balance sheet as of August 31, 2019 is presented below:

Sentinel Travel Service

Report form balance sheet

For the year ended August 31, 2019

Assets

Cash $143,125

Account receivable $54,240

Supplies $9,300

Land $248,000

Total assets $454,665

Liabilities

Account payable $19,370

Owner equity

Ending capital $435,295

Total liabilities

And owners equity $454,665

The net income would be

= Fees earned - Office expense - Miscellaneous expense - Wages expense

= $774,800 - $178,205- $15,495 - $371,905

= $209,195

And, the ending capital would be

= Opening capital - withdrawn amount + net income - additional cpiatl

= $209,000 - $29,400 + $209,195 + $46,500

= $435,295

7 0

3 years ago

Given the characteristics: (1) many buyers and sellers, (2) free entry and exit, (3) perfect information, and (4) heterogeneity

frez [133]

Answer:

1) many buyers and sellers, (2) free entry and exit

Explanation:

A monopolistic competition is when there are many buyers and sellers of heterogeneous goods and services. There are free entry of firms into and out of the industry. Firms set the price for their products. Buyers and sellers do not have perfect information. In the long run, monopolistic competition make zero economic profit.

A pure competition is characterised by many buyers and sellers of homogenous goods and services. Buyers and sellers have perfect information. There are no barriers to entry or exit of firms in the industry. Market price is set by the market forces. Firms make zero economic profit in the long run.

I hope my answer helps you

7 0

3 years ago

________ and ________ are typically the most easily identifiable aspects of a company's business model.

Ket [755]

The parts of a company's business model that are often easiest to identify are market strategy and market opportunity.

A market opportunity is a newly identified demand that a company could use to grow; often, this is because competitors aren't filling it.

A marketing strategy is a long-term plan for achieving a company's goals through comprehending customer needs and creating a distinct, sustainable competitive advantage. Everything is covered, from selecting the channels to use to get in touch with your customers to identifying them.

The target market for the venture, a competitive analysis, marketing strategies, estimated launch expenses, and funding sources should all be included in the business model of a new company.

For more information, Market strategy and market opportunity

brainly.com/question/28305473

#SPJ4

3 0

2 years ago

Which overall message does this political cartoon convey? advertising on buses will raise money for schools. advertising on buse

Gennadij [26K]

The political cartoon referred to was by Jeff Parker, has been an editorial cartoonist for Florida Today since 1992. The overall message being conveyed by the referenced political cartoon is that advertising on school buses could have a negative affect on children.

Certain states in the U.S (e.g. New Jersey, Texas, Massachusetts among others) permit school districts to sell ad space on school buses in order to raise funds for school activities. Some have <span>argued that these ads unfairly target young, impressionable consumers, and as such should be stopped.</span>

7 0

3 years ago

Read 2 more answers

true or false with the use of marketing businesses are able to produce products and services that consumers need

maks197457 [2]

Yes because the money they get from marketing can be used for new and improved products

6 0

3 years ago