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inysia [295]
3 years ago
10

Billy Bean, Beth Bean, Barbara Bean, Brooke Bean, and Beanie Bean make up the Bean family. Brooke sees a commercial for a revolu

tionary new toilet tissue. Brooke mentions the ad to Beanie, who runs to tell his father Billy how great this new toilet tissue is. Billy is convinced that this new toilet paper will rock his world, so tells his wife Beth to purchase the toilet tissue the next time she is at the store. Beth purchases the toilet paper and the whole family uses it. In this scenario, _____ is the influencer and _____ is the information gatherer.
Business
1 answer:
spin [16.1K]3 years ago
7 0
<span>In this scenario, Billy Bean is the influencer and Beanie Bean is the information gatherer. </span> An information gatherer is the one who manifest an interest and seeks more information about a particular purchase. Beanie is the one who shows interest to the toilet paper saying how great it is to his father, Billy. Meanwhile, an influencer is the one who influence the final decision after careful evaluation and criteria consideration of the product. Billy fits the definition since he was convinced with Beanie's statement, telling his wife about it and leading to the actual purchase of the toilet paper. 
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Why is the subject line of a business email important
Airida [17]

Answer:

The subject line often determines whether an email is opened and how the recipient responds. An email with a blank subject line will likely get deleted, lost, or immediately irritate the recipient, who is forced to open the email to figure out what it's about.

5 0
2 years ago
The total debits in the After-Closing Trial Balance will equal:______
Mnenie [13.5K]

Complete Question:

Shown below is a trial balance for Novelty Toys, Inc., on December 31,after adjusting entries:

                                         Novelty Toys, Inc.

                                  Trial Balance December 31

Cash                                                $7,750

Accounts Receivable                     $6,375

Office Equipment                           $11,250

Accumulated Depreciation                                      $3,000

Accounts Payable                                                     $3,875  

Capital Stock                                                             $11,250

Retained Earnings                                                     $0

Dividends                                                                   $3,750

Fees Earned                                                             $22,750

Salaries Expense                                                      $8,000

Advertising Expense                      $1,625  

Depreciation Expense                   <u>$2,125 </u>              <u>                </u>

                                                       $40,875             $40,875

The total debits in the After-Closing Trial Balance will equal:

Select one:

a. $25,375.

b. $29,125.

c. $40,875.

d. $18,125.

Answer:

$25,375

Explanation:

The After-Closing Trial Balance is prepared once the closing entries are posted. This results in closing of expense and income accounts for the year and the resulting balance taken forward to retained earnings. This means that After-Closing Trial Balance would contain only permanent general accounts which are balance sheet items. In the given scenario, the balance sheet debit balances are as under:

Cash                                                $7,750

Accounts Receivable                     $6,375

Office Equipment                           <u>$11,250 </u>

Total Debit Balance                      <u>$25,375</u>

Hence the option A is correct.

7 0
3 years ago
Sussman Co. prepared cash-basis financial statements for the month ended January 31. A summary of Sussman's January activities f
coldgirl [10]

Answer:

An increase of $2,500

Explanation:

During cash-basis accounting method, all income and expenses that results to ACTUAL CASH INFLOW and OUTFLOW will be recorded. Thus, those income and expenses that applies for the period will not be recorded yet as long as there is no actual cash outflow. And all income made on account for the period will not be recognized unless there is an actual collection. Based on the stated facts, Sussman Co.,recorded $1,900 sales instead of the actual sales of $5,600 using accrual basis and has never been recorded the expenses incurred in the accrued salaries.

So, $5,600 less $1,900 cash collection which already have recorded on cash basis method, there will be an additional sales to be recorded at $3,700 less the salaries expense already incurred but not yet paid of $1,200. There will be an additional income of $2,500 after restatement.

5 0
3 years ago
Byron is a partner in the Dowdy Group. At the close of the current year, Byron's basis in the partnership is $34,000. At that ti
Kitty [74]

Answer:

$17,000

Explanation:

The partnership takes on/out  the basis of contributed/ distributed property; cash is always consider basis as its face value.

The fair market value of property distributed is used to consider contributor’s gain/ loss only.

The basis in the partnership after distribution = current basis in partnership – cash distributed – basis of any other distribution

Thus Bryon’s basis in the partnership after the distribution = $34,000 - $8,000 = $17,000

6 0
3 years ago
You have decided to start saving up to buy a house. You plan on withdrawing $25,000 at the end of year 4 for a down payment, $18
allochka39001 [22]

Answer:

$75,745.56

Explanation:

In order to determine how much to deposit today, calculate the present value of the cash flows

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Cash flow in year 1  - 3 = 0    

Cash flow in year 4 = $25,000

Cash flow in year 5 = $18,000

Cash flow in year 6 = $18,000

Cash flow in year 7 = $20,000

I = 1.25 %

PV = $75,745.56

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

6 0
2 years ago
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