The journal entry is as follows
Unearned ticket revenue Dr $33,700
To Ticket revenue $33,700
(Being the unearned ticked revenue is recorded)
The computation is shown below:
= Number of seasons sold × Price of six events ÷ number of events held
= 3,370 × $60 ÷ 6
= 3,370 × $10
= $33,700
So we debited the unearned ticket revenue and credited the ticket revenue
Answer:
B. reached when each player choose the best strategy for himself and for the group.
Explanation:
Nash equilibrium -
It is the type of method for a game , where there is no incentives or perks involved in the game , so that the people do not divert from the main focus, is referred to as nash equilibrium.
This type of game is a type of fair competition , so that each and every person can show their actual potential , without being bias.
Hence , from the given statements the correct statement for nash equilibrium is b.
Answer:
This project is good and be should be accepted for implementation.
Explanation:
<em>The IRR is the discount rate that equates the present value of cash inflows to that of cash outflows. At the IRR, the Net Present Value (NPV) of a project is equal to zero </em>
<em>If the IRR greater than the required rate of return , we accept the project for implementation </em>
<em>If the IRR is less than that the required rate , we reject the project for implementation </em>
For Little Tots Gym, the IRR of the project (13%) is higher than the required rate of return of 11%, hence the project is good and be should be accepted for implementation
Answer: The answer is: aggregating prospective buyers into groups that have common needs and will respond similarly to a marketing action.
Option E.
Explanation: Market segmentation is the process of dividing a broad consumer base or business market, that often consists of both existing customers and potential customers, into sub-groups of consumers who share a similar need or characteristic, and will respond similarly to a marketing strategies.
The importance of market segmentation is that it ensures that a firm/company will precisely reach a consumer with specific needs and wants.
Answer: he partnership may be sued as well as the partners, and the partners' liability is unlimited (D)
Explanation:
