Answer:
Prospecting
Explanation:
Prospecting is the initial phase in the business procedure, which comprises of distinguishing potential clients, otherwise known as possibilities. The objective of prospecting is to build up a database of likely clients and deliberately speak with them with expectations of changing over them from potential client to current client. Prospecting, done right, not just makes a pipeline of potential clients, it positions you as a confided in guide.
Answer: Capital, Good Market Economy and Massive Urban Centres
Explanation:
Commercial sports are most likely to grow and prosper in societies with enough capital because for every buying and selling process, capital must be involved to set up marketable products. So, a commercial sport would require capital to have nice viewing areas, infrastructure and manpower.
Also, sports is incomplete without a massive urban center. A society with massive urban centres has a profitable potential for commercializing its sporting activities.
Lastly, a society with a good market economy that has its investment and production decisions dependent on supply and demand is a good spot for commercial sports.
Answer:
Salaries and Wages are owed so they are now liabilities. They are also expenses and will reduce the Net Income.
Rent Revenue was in advance for 2 months meaning one of those months will be December which is in the current period so;
= 7,520/2
= $3,760 will be added to net income for the year
The same amount will be removed from Liabilities as the revenue has now been recognized.
Depreciation reduces the value of Fixed assets so will be deducted from Assets.
It is also an expense so it will reduce Net Income.
Whatever happens to Net Income will happen to Stockholders' equity as well because Net Income is an Equity account.
a)Little book LTD earning per share is $1.118 per share.
Explanation:
To calculate earning per share we will use following formula:

Now to find net income we will take help of asset turnover ratio :
Asset turnover ratio = 
1.5 × $860000 = x
x (net sales) = $1290000
Outstanding shares = 75000 shares
So Net Income = $1290000×.065
= $83850
Now Earning per share = 
Earning per share = $1.118
b) Market to Book Ratio will be 1.2 for Little Book LTD.
Explanation:
Market to Book Ratio =
Market Capitalization = $ 75000× $ 12
= $900000
So, Market To Book Ratio =
Market To Book Ratio = 1.2