Answer:
B. The owner's drawing account is closed to the Income Summary account
Explanation:
Tangible assets are first recorded at costs to acquire them for use.
- Tangible assets are fixed assets which is referred to as the physical assets which a company/Buisness owns to carry out its daily activities in order to create profit .
- They include<em> investments, cash, inventory, vehicles, office equipment, buildings,machines, </em>etc
Tangible assets are very important to businesses as they
- Help in business operations to provide goods and services
- Serve as collateral for loans
- In case of emergency, they can generate cash
Tangible assets are first recorded in the balance sheet as costs to acquire them for use.
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<u>C)</u><u> Geographic Segmentation.</u>
<h3><u>What does regional segmentation entail?</u></h3>
A marketing tactic known as geographic segmentation targets goods and services to local residents and business owners. It operates under the premise that locals have comparable needs, desires, and cultural factors. Brands may focus more pertinent marketing messages and acceptable items on customers who are then aware and more inclined to buy by learning what people in that area need.
<h3><u>What benefits does geographic segmentation offer?</u></h3>
- Large businesses can address the various needs and wants of clients in various regions thanks to geographic segmentation.
- Geographic segmentation makes it possible for small enterprises with tight finances to work more effectively.
- The process of geographic segmentation is simple.
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Answer:
These two options represent nominal values:
-The price of a beignet is $3.00 in 2011.
-Maria's wage is $27.00 per hour in 2011.
They are expressed in monetary value without taking into account inflation, or without being represented in terms of something else.
This option represents real value:
-The price of a beignet is 0.33 paperback novels in 2011.
The price of a beignet, nominally $3.00 is being expressed in relation to the price of something else: paperback novels, whose nominal price is $9.00.
In other words, in real terms, a beignet costs a third of what a paperback novel costs.