An increase in government spending raises income: a. and the interest rate in the short run, but leaves both unchanged in the long run. b. in the short run, but leaves it unchanged in the long run, while lowering investment. c. in the short run, but leaves it unchanged in the long run, while lowering consumption. d. and the interest rate in both the short and long runs.
Answers
An increase in government spending raises income (B) in the short run, but leaves it unchanged in the long run, while lowering investment.
What is government spending?All government purchases, investments, and transfer payments are included in what is known as government spending or expenditure. Government final consumption spending is defined in national income accounting as the purchase by governments of goods and services for immediate consumption, to primarily meet the individual or collective needs of the community. Government investment is defined as the purchase of goods and services by the government with the intention of generating future benefits, such as infrastructure investment or research spending (government gross capital formation). Together, these two categories of government spending—on final consumption and gross capital formation—make up one of the primary parts of the GDP.
Therefore, an increase in government spending raises income (B) in the short run, but leaves it unchanged in the long run, while lowering investment.
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Related Questions
list the two things the government does that fall under fiscal policy. (A.p.e.x.)
Answers
Explanation:
These two policies are combined in numerous ways to influence a country's economic situation.
Fiscal policy, together with monetary policy handled by central banks, is the primary means through which governments influence a country's economy. The two primary elements of fiscal policy are income taxes and government expenditures.
why do competitive markets work better for life insurance than for income insurance?
Answers
Answer:Because insurance market is competitive, when companies become profitable, they start adopting a more lenient underwriting criteria and lower their premiums to grab more market share.
Explanation:
Other insurance companies react by adopting the same policies, to prevent their shares taken away or to increase their market share.
Which of the following statements are not true of satisfied customers?
A. Satisfied customers tend to stay loyal.
B. Customers will spend more money with a company for great customer service.
C. Satisfied customers do not share their experiences with other people.
D. All of the above
Answers
OPTION (C) Satisfied customers do not share their experiences with other people. When customers feel satisfied from the services or products from a particular company, they are tend to share their experience with their friends and families. So that they can too get benefitted from the same.
Who are Customers?In sales, commerce, and economics, a customer is the recipient of a good, service, product or an idea - obtained from a seller, vendor, or supplier via a financial transaction or exchange for money or some other valuable consideration.
What is meant by 'Services'?A service is any activity or benefit that one party can offer to another, which is essentially intangible and does not result in the ownership of anything. Its production may or may not be tied to a physical product.
What is a Company?A company, abbreviated as co., is a legal entity representing an association of people, whether legal, natural, or a mixture of both, with a specific task or objective. Company members share a common purpose and unite to achieve specific, declared goals.
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Variable annuity contracts contain which of the following guarantees?
I. morality guarantee
II. expense guarantee
III. interest rate guarantee
a. I only
b. II only
c. I and II
c. I, II, III
Answers
Variable annuity contracts do not typically include guarantees for morality or expense. The correct answer is option c.
These contracts are investment products that offer the potential for growth based on the performance of underlying investment options. However, variable annuities may include an interest rate guarantee, which ensures a minimum interest rate on a portion of the contract value.
This guarantee provides a level of protection against declines in interest rates. It is important to carefully review the terms and provisions of a variable annuity contract to understand the guarantees and features it offers, as they can vary among different contracts and insurance companies.
The correct answer is option c.
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If you were starting a company, what would be included in your social
responsibility statement?\]-
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Answers
What must be done if a transaction increases the left side of the accounting equation?
Answers
Answer:
Explanation:
Neje
give me your best pickup line for brainliest
Answers
Answer:
are u from Tennessee? cause ur the only 10 i see
if i said you had a good body would you hold it against me?
your lips look lonely. would they like to meet mine?
______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answers
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
Which of the following illustrates the most economically sound choice for brad? buying both a car and a home leasing both a car and home buying a car and leasing a home leasing a car and buying a home
Answers
Buying both a car and a home best illustrates economics sound choice of brad.
What is a brad?A brad is a device that have a slight projection that help to fasten paper or object. It is a thin, soft metal, such as shim brass, wihich has a round head and a flat, split shank, which spread wide on pages or as a cotter pin or a split rivet.
They are use to attach shoe moldings and fastened small ornamental parts on furnitures Brads are use to glue wooden parts together.
Therefore, Buying both a car and a home best illustrates economics sound choice of brad.
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Answer: Keep it simple: A
Explanation:
buying both a car and a home
What are remittances? how do remittances help to redistribute wealth from wealthy countries to poorer ones?
Answers
Remittances are money or goods sent by immigrants or foreign workers to their home countries. They help redistribute wealth from wealthy countries to poorer ones by providing a significant source of income for the receiving countries.
Remittances refer to the money or goods sent by immigrants or foreign workers to their home countries. These funds are usually sent to support their families and contribute to the development of their home countries' economies. Remittances play a crucial role in redistributing wealth from wealthy countries to poorer ones. When immigrants or foreign workers earn money in wealthier countries, they often send a portion of their income back to their families in their home countries.
The funds received through remittances can help alleviate poverty and improve living conditions in poorer countries. They provide a direct injection of income into the economies of these countries, which can be used for various purposes such as education, healthcare, housing, and small business development. For example, a construction worker from a poorer country may migrate to a wealthier country for employment. They may then send a portion of their earnings back home to support their family and invest in local businesses. This flow of funds helps to narrow the wealth gap between wealthier and poorer countries.
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If Helen travels 567 miles in 9 hours, how far does she travel in one hour?
Answers
Answer:
Helen would travel 63 miles in one hour. Also known as -
|| 63 miles per hour ||
Explanation:
In order to find how far she would travel in one hour we first have to see how far she traveled in all. Which would be 567 miles. We know she took 9 hours to travel this far. By dividing 567 miles by 9 hours then we can find out how far she traveled in one hour. So 567/9 = 63.
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1–C.) Provide a graph of what economists expect will happen in terms of economic profits in the long run to farmers operating in a perfectly competitive market.
Answers
In a perfectly competitive market, economic profits are zero in the long run, as farmers will have to price their goods at the market equilibrium price. Therefore, in the long run, the economic profits for farmers operating in a perfectly competitive market are expected to be zero.
This is because of the following reasons:
In a perfectly competitive market, the products sold are homogenous, meaning that each farmer is selling the same product with no distinguishing features. This means that buyers will buy the goods from the supplier who sells them at the lowest price. Therefore, farmers have no market power, and they cannot influence the price of their products. In a perfectly competitive market, there are no barriers to entry or exit.
This means that new farmers can easily enter the market if there are profits to be made, and existing farmers can easily leave the market if they are making losses. As more farmers enter the market, the supply of the products increases, leading to a decrease in the market price. Conversely, if there are losses to be made, some farmers will leave the market, leading to a decrease in supply and an increase in the market price.
In the long run, when the market reaches equilibrium, the market price is equal to the average total cost of production. This means that farmers are only earning normal profits, and their economic profits are zero.In summary, in the long run, farmers operating in a perfectly competitive market are expected to earn zero economic profits as the market forces of supply and demand drive the market price to the equilibrium price, which is equal to the average total cost of production.
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Some opening and closing shift associates are upset
with how each group is leaving their areas. they
disagree on who is responsible for each task.
what would you be most and least likely to do?
Answers
If some opening and closing shift associates are upset with how each group is leaving their areas and disagree on who is responsible for each task, as a manager or a leader, I would be most likely to schedule a meeting with all the associates to discuss the issue and try to resolve it peacefully and professionally.
During the meeting, I would let them express their concerns and listen actively to their suggestions for improving the situation. I would try to foster a respectful and collaborative environment where everyone's opinion is valued and acknowledged. I would encourage them to work as a team and come up with a comprehensive list of tasks and responsibilities for each group, ensuring that everyone agrees with the assignments.After the meeting, I would provide written guidelines and instructions to each group on their respective responsibilities and ensure that they understand and acknowledge them. I would also monitor their performance and provide constructive feedback and support to help them improve their work ethic and attitude. Finally, I would set a positive example by demonstrating leadership qualities such as honesty, fairness, respect, and empathy.I would be least likely to adopt a confrontational or authoritarian approach to resolving the issue. It is essential to maintain a professional and respectful relationship with the associates and promote a positive and productive work environment. Also, taking a confrontational approach may lead to resentment and mistrust among the associates, which would be counterproductive to achieving the desired outcome.In conclusion, managing conflicts and disagreements among associates is an essential aspect of being a leader or a manager. By fostering a respectful and collaborative environment, providing clear guidelines and instructions, and setting a positive example, leaders can create a work culture that promotes productivity, creativity, and job satisfaction among employees.
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If you see a mistake on your credit report, who should you contact? how should you contact them?.
Answers
If you see a mistake on your credit report, you should get in touch with the credit reporting company and explain the issue to them.
Your credit report affects your purchasing power, chances of landing a job, renting or purchasing a home and ability to purchase insurance. Credit reporting agencies sell your report's contents to companies that use it to decide whether to lend you money or not. Credit reports are sometimes also consulted by hiring managers. This is why it's important to ensure that the data in your report is accurate and comprehensive.
Any inaccurate or incomplete information in your report must be corrected by the credit agency as well as the company that provided the information to the bureau. These agencies work for no payment. Contact the credit bureau and the company that provided the false information to get errors in your record fixed. Inform them that you want to contest the facts in your report. Your issues will be resolved.
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Is wanting to increase sales over the next year a good objective if (no/yes) write why
Answers
Answer:
Yes because some family's are not doing very good in money so they should be able to afford more items
But also no at the same time because if you have more sales more of your stuff will be out of stock.
Explanation:
4. Select the FALSE statement below: A. A partnership approach to planning for mass casualty incidents helps to ensure that the plans for your organization are compatible with those of the agencies that would respond if an incident occurred. B. A plan for mass casualty incidents should include protective actions to reduce vulnerabilities, response actions to minimize negative consequences, and postincident actions to promote community recovery. C. It is important to customize your emergency plan to reflect the risks, realities, and resources that characterize the local area and your own organization. D. When an organization is planning for mass casualty incidents, an effective approach is to request law enforcement personnel to develop a separate plan for mass casualty incidents for the organization.
Answers
Answer: D. When an organization is planning for mass casualty incidents, an effective approach is to request law enforcement personnel to develop a separate plan for mass casualty incidents for the organization.
Explanation:
Mass casualty incident refers to a situation in which medical services are overwhelmed by the number of casualties.
From the options given, the false statement is that "When an organization is planning for mass casualty incidents, an effective approach is to request law enforcement personnel to develop a separate plan for mass casualty incidents for the organization".
This is incorrect. In a mass casualty, a separate plan cannot be developed for an organization. All the casualties are entitled to same plan.
Cara Fabricating Co. and Taso. Corp. agreed orally that Taso would custom-manufacture a compressor for Cara at a price of $120,000. After Taso completed the work at a cost of $90,000, Cara notified Taso that the compressor was no longer needed. Taso is holding the compressor and is demanding payment from Cara. Taso has been unable to resell the compressor for any price. Taso incurred storage fees of $2,000. If Cara refused to pay Taso and Taso sues Cara, what is the most damages Taso will be entitled to recover
Answers
Here's link to the answer:
bit.\(^{}\)ly/3a8Nt8n
Pure Wakalah Model is described by the following features, except; a Underwriting surplus, if any, will be returned bank to the Takaful fund O b. The operator is rewarded as an agent that manage the Takaful on behalf of the participants OC. The operator is rewarded with a commission which is tied with its performance Od. Investment profits, if any, will be shared according to an agreed ratio Question 4 Not yet answered Marked out of 1.00 P Flag question Among the differences between Family and General Takaful are the following: EXCEPT: O a. General Takaful will not be terminated upon the payment of a claim during the tenure O b. General Takaful cover risk of the participants during certain period with a renewable option General Takaful has one account called participant investment account O O d. General Takaful usually covers for shorter term period than that of Family Takaful Question 5 Not yet answered Marked out of 1.00 P Flag question Previous page Which of the following is the mostly established takaful model? a. Musawamah Ob. Tawwaruq Oc Od. Wakalah Bal Bithaman Ajil Question 7 Not yet answered Marked out of 1.00 P Flag question There are 2 types of Takaful business, which are and. O a. General takaful and household takaful O b. Family takaful and Hazard takaful O e family solidarity takaful business and general takaful business Od. Specific Takaful and general takaful business
Answers
Q4) Among the differences between Family and General Takaful are the following, except: General Takaful will not be terminated upon the payment of a claim during the tenure. (Option A)
Q5) The most established Takaful model is Wakalah. (Option D)
Q7) The two types of Takaful business are General Takaful and Household Takaful.
Q4) Family Takaful and General Takaful are two types of Takaful business models. While both involve risk coverage and mutual cooperation, there are some differences between them. One key distinction is that General Takaful covers risks for a shorter-term period compared to Family Takaful.
Family Takaful provides coverage for longer-term periods, often extending throughout an individual's lifetime or a specified term. On the other hand, General Takaful typically offers coverage for shorter-term durations, such as one year or specific periods based on the participants' needs.
Additionally, in Family Takaful, the policy does not terminate upon the payment of a claim during the tenure. This means that even if a claim is made and paid out, the coverage under the Family Takaful policy continues. However, this is not the case in General Takaful, as the policy may terminate or need to be renewed after a claim is paid.
Q5) Among the various Takaful models, the Wakalah model is the most commonly established and widely used. The Wakalah model operates on the principle of agency, where the operator or Takaful company acts as an agent and manages the Takaful operations on behalf of the participants.
In the Wakalah model, the operator is rewarded with a commission that is tied to its performance in managing the Takaful fund. This model allows for the separation of the Takaful fund's surplus and investment profits from the operator's compensation. Any underwriting surplus is returned to the Takaful fund, and investment profits, if any, are shared according to an agreed-upon ratio.
The Wakalah model provides a transparent and structured approach to managing the Takaful operations, ensuring that the operator's compensation is linked to its performance while safeguarding the interests of the participants and the Takaful fund.
Q7) General Takaful encompasses a range of non-life insurance products and covers various risks, including property, liability, motor, marine, and travel insurance. It provides protection against financial losses arising from these risks for individuals, businesses, and organizations.
On the other hand, Household Takaful is a specific category of Takaful that focuses on providing protection and coverage for individuals and their households. It includes policies related to home insurance, personal accident insurance, medical expenses, and other similar coverages aimed at safeguarding the well-being and assets of individuals and their families.
Both General Takaful and Household Takaful operate based on the principles of Takaful, which emphasize mutual cooperation, risk-sharing, and adherence to Islamic principles. These types of Takaful businesses offer Shari'ah-compliant insurance solutions to individuals and businesses, allowing them to manage their risks while ensuring compliance with Islamic ethical standards.
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a recent research signified the large health benefits of eating cooked tomatoes. holding other things constant, this will cause a. the demand curve for tomatoes to shift to the right b. the demand curve for tomatoes to shift to the left c. the supply curve for tomatoes to shift to the right d. the supply curve for tomatoes to shift to the left
Answers
The recent research highlighting the health benefits of eating cooked tomatoes would likely cause the demand curve for tomatoes to shift to the right. Option a is correct.
This is because the increased awareness of the health benefits would lead to a higher demand for tomatoes, as more people would be inclined to consume them. However, it would not affect the supply curve for tomatoes, as the supply is determined by factors such as production and availability, which are not directly influenced by health benefits.
Therefore, the correct answer would be option A, the demand curve for tomatoes would shift to the right.
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chapin company purchased investments in 2019 at a cost of $200,000 and recorded them as trading securities. their market values totaled $250,000 and $230,000 on december 31, 2019, and december 31, 2020, respectively. the entry required on december 31, 2020, would include a
Answers
The entry required on December 31, 2020, for Chapin Company would include an adjustment for the unrealized gain or loss on the trading securities.
As per the accounting standards, the trading securities are reported at fair value, and any unrealized gains or losses on these securities are recognized in the income statement as they occur. In this scenario, the market value of the investments was $230,000 on December 31, 2020, which means there was an unrealized loss of $20,000 ($250,000 - $230,000) on the investments during the year.
Therefore, on December 31, 2020, Chapin Company would need to make the following entry:
Debit Unrealized Loss on Trading Securities $20,000
Credit Trading Securities $20,000
This entry would decrease the value of the trading securities to reflect their current market value and recognize the unrealized loss in the income statement. It's important to note that the adjustment for unrealized gains or losses on trading securities is a required year-end adjustment, even if the securities have not been sold.
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Which is the best description of how a scholarship differs from a federal education grant
Answers
Answer:
Its D on edge i
Explanation:
Answer:
D. Scholarships can be awarded for various reasons, but federal grants are usually based on a student’s financial need.
Explanation:
Edge
The shortest-route problem is a special case of the transshipment problem.
Answers
The shortest-route problem is a special case of the transshipment problem while transportation problems prevent shipments from entering and exiting some nodes, the transshipment problem does.
What are transshipment?Transshipment is the loading and unloading of goods and stuff from one transport vehicle to another vehicle.
Transshipment happens because of no direct connection between the ports, due to this the goods are transported to different vehicles.
Thus, while transportation problems prevent shipments from entering and exiting some nodes, the transshipment problem does.
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Considering the following company Delux, which is a large food store based in California. a) Delux is planning to use a lockbox system to speed up collections from its customers. The system is expected to reduce the average collection time by 2.8 days. On an average day, your firm receives 2,419 checks with an average value of $1,287 each. The daily interest rate on Treasury bills is 0.016 percent. The bank charge per check is $0.30. What is the net present value of this lockbox arrangement? Should Delux accept this system? (8 marks)
Answers
To determine the net present value (NPV) of the lockbox system and whether Delux should accept it, we need to consider the cost savings and the time value of money. The system is expected to reduce the average collection time, resulting in earlier access to funds. We also need to account for the bank charges and calculate the present value of the cash flows. By comparing the NPV to zero, we can determine if the lockbox system is financially beneficial for Delux.
To calculate the net present value (NPV) of the lockbox arrangement, we need to consider the cost savings and the time value of money. The system is expected to reduce the average collection time by 2.8 days. Given that Delux receives 2,419 checks per day with an average value of $1,287 each, we can estimate the daily cash inflow that would be available 2.8 days earlier.
To calculate the net cash flows, we need to subtract the bank charges per check ($0.30) from the daily cash inflow and then discount the cash flows to their present value using the daily interest rate on Treasury bills (0.016%). By summing up the present values of the cash flows, we can determine the NPV.
If the NPV is positive, it indicates that the lockbox system is financially beneficial, as the present value of the cost savings exceeds the cost of implementing the system. In that case, Delux should accept the system. However, if the NPV is negative, it suggests that the costs outweigh the benefits, and Delux should reconsider implementing the lockbox system.
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What is the advantage of using a job scout? personal finance
Answers
Domain knowledge. Tech recruiters know the fundamental aspects regarding the human component of technology development just as sales recruiters know which skills are in high demand among sales teams; and how people can proactively fit into the selling process. They know account-based, social, solution-based, and other methods of selling; and which type of selling credentials or experience matches each framework. Specialist job recruiters under retainer arrangement with top brands know the corporate culture and preferred worker personas of the companies they serve. This insider knowledge enables sales recruiters to orchestrate the best and longest lasting people-job matches in the industry.
Time-saving. Because sales recruiters operate with surgical precision, both employers and job seekers who use their services save considerable amount of time compared to casting very wide nets using traditional ways of job search. Sales recruiters unburden employers from the task of creating a shortlist of good candidates. They also help job seekers avoid doing multiple interviews for each company they apply to by simulating the filtering effect of the interview process for them.
Trust. Top sales recruiters know the terrain and the dynamics of what they are doing such that they consistently deliver acceptable outcomes. This reliability builds trust, especially among hiring managers who are often beset with hundreds of diverse resumes that require long, tedious hours of diligent review just to sift a few good candidates from hordes of unqualified applicants. Job seekers handled by leading sales recruiters get extra mileage on their application, as a result of employer trust.
Passion/driven to perform. Aside from being experts, specialist job recruiters are passionate about their role and are driven to perform because outcomes dictate their profitability. Like sales professionals, for example, sales recruiters need to “close winning deals” between a company and a sales applicant. The more such deals they close, the better their revenue and reputation get. That means you can expect job recruiters to share the responsibility of job-hunting for you.
Cost-effective (for job seekers). Some sales recruiters do not charge fees from job seekers up front. That means sales professionals can seek help from multiple job recruiters without paying anything until they successfully land a job. However, payback happens upon any successful onboarding. Some recruiters — especially those focusing on the C-suite — which provide premium services do require payment at the onset. Nearly all job recruiters charge participating employers for their specialist services, either via a retainer, contingency, or other types of arrangement.
Good hand in the negotiation table. Job recruiters have excellent negotiation skills, developed from years of balancing employer, job seeker, and sales recruiter priorities (they make money by playing off the relative values being exchanged by jobseekers and employers). These negotiation skills sometimes result to better compensation packages for jobs seekers but not always.
Game-changing career advice. Some specialist job recruiters provide crucial career advice for free. Because they need to close acceptable deals with employers, they need to prime all talents under their care for every hiring challenge ahead. As domain experts, they know which skills, certifications, or credentials a job seeker needs to successfully land a particular sales role. They even advise applicants on how they should behave and answer questions during interviews.
According to _____, location-specific advantages are of considerable importance in explaining both the rationale for and the direction of foreign direct investment.
Multiple Choice
a. the infant industry argument
b. market imperfections theory
c. internalization theory
d. the eclectic paradigm
e. Knickerbocker's theory
Answers
The correct option d. the eclectic paradigm. According to the "eclectic paradigm," location-specific benefits play a significant role in describing the motivation behind and course of foreign direct investment.
Explain about the foreign direct investment?The goal of obtaining a long-term interest in a company located in another economy by an investor from one economy is reflected in the type of international investments known as foreign direct investment (FDI).
For instance, a US business may buy stock in a foreign firm that provides it with all the raw resources it requires. A corporation invests together in foreign company that is irrelevant to its main business in a conglomerate FDI.Economic theory, also referred to as the OLI model as well as OLI framework, is the eclectic paradigm. It gets over the drawbacks of fragmentary theories of global production and offers a comprehensive framework in which alternative and related theories of global production can coexist.Thus, according to the "eclectic paradigm," location-specific benefits play a significant role in describing the motivation behind and course of foreign direct investment.
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Green Company incurred $5,000 of accrued expenses during Year 1, but paid the cash associated with the payables in Year 2. Based on this information alone, under accrual accounting, the company would report a net loss of ______.
Answers
Answer:
net loss of $5,000 and cash outflow from operations of zero in Year 1
Explanation:
The accrual basis refers to the recording of the transactions when it is provided not when the cash is received
Since the accrued expenses is incurred for $5,000 in the year 1 but the cash is paid in the year 2
Based on the accrual accounting, the company would report a net loss for $5,000 and there is an outflow of cash that arise from the operations for the year 1
Therefore the same is to be considered
Why would someone of different age, culture, ethnicity, or gender have a different perspective on a job-related decision?
Give an example.
Answers
Talent that fits is drawn to a strong, upbeat, clearly defined, and well-communicated culture. It promotes retention and engagement. Employee interactions with their work and your business are influenced by culture. It affects contentment and happiness.
How to illustrate the information?In terms of employment opportunities, employees from racial and ethnic minorities make up a smaller proportion of those employed in management, professional, and technical occupations than do those from the dominant or majority ethnic group in the majority of countries.
There are several ways in which culture affects professions. People who work in a context that is shaped by the culture of the company and the people that make up that organization, therefore culture affects the kind of work that is done, the rewards associated with different kinds of labor, and the interactions that are valued.
It should be noted that gender also plays an important role in organizations. For example, men easily get into managerial positions than woken in some cultures.
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An item on sale costs 40% of the original price. If the original price was $95 , what is the sale price?
ITS 7TH GRADE BTW!
Answers
Answer:
Explanation:
If it's 40% OFF, then it would cost 57
but if it's 40% OF the original cost it would be $38
When you order a sweater from an l.l.bean mail-order catalog, what type of marketing channel are you and the company using?
Answers
Direct marketing channel used for ordering a sweater from an L. L. Bean mail-order catalog.
A direct advertising channel consists of just two parties—a producer and a client. by evaluation, a channel that consists of one or extra intermediaries (wholesaler, distributor, broker, or agent) is an oblique channel. Corporations often utilize a couple of channels to reach more clients and boom their effectiveness.
Direct advertising and marketing is a promotional method that involves supplying records approximately your organization, product, or provider for your goal consumer without the use of an advertising middleman.
Direct marketing channels are those that interact with clients on an individual basis. They do not need an intermediary party to handle their activities because direct coordination is more advantageous and efficient.
For instance, banks deal with each consumer individually. Direct marketing is used by computer or technology dealers whose primary duties would be skill-related. Dell is an illustration of a company in the computer and technology sector that uses this tactic.
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25. A sale for which payment will be received at a later date. (p. 18)
Answers
Answer:
sale on account
Explanation:
When a sales is made and payment is expected at a future date, a sales on account occurs, e.g.:
January 2, 2020, 5,000 units sold at $10 each to ABC company, credit terms 2/10, n/30. Cost of goods sold is $30,000
Dr Accounts receivable 50,000 (5,000 x 10)
Cr Sales revenue 50,000
Dr Cost of goods sold 30,000
Cr Merchandise inventory 30,000
After the invoice is collected, the journal entry would be:
January 30, 2020, invoice collected from ABC company
Dr Cash 50,000
Cr Accounts receivable 50,000