Additional benefits such as health insurance, retirement benefits, or life insurance that are paid by the employer are called benefits. --- True
Depending on the company, these benefits might include health insurance( needed to be offered by larger companies), dental insurance, vision care, life insurance, legal insurance, paid holiday leave, particular leave, sick leave, child care, fitness, withdrawal benefits and planning services, council debt relief benefits.
What are good benefits packages?
While this benefits can differ depending on who you ask, the standard in utmost diligence consists of health insurance, dental insurance, flexible spending accounts, withdrawal savings plans, holiday time, and fresh paid time off for benefits like family medical leave, motherliness leave, and feasts.
Employee benefits :Employee benefits and benefits in kind( also called borderline benefits, perquisites, or gratuities) include colorful types of non-wage compensation handed to workers in addition to their normal stipend or hires. Cases where an hand exchanges( cash) stipend for some other form of benefit is generally pertain to as a" payment packaging" or" payment exchange" arrangement
Learn more about Employees benefits :
brainly.com/question/5754068
#SPJ4
which of the following is a characteristic of high-contact services? high-contact services can work at average demand levels. high-contact services require higher prices and more customization. high-contact services require employees with administrative/technical skills and efficient service delivery methods. high-contact services are used when face-to-face interaction is not required.
High-contact services demand more customization and more prices. It is a trait of services with a high level of contact. Services with High Contact High contact service involves interactions between clients and the company during service delivery.
The strategy you choose to providing customer service can have a significant impact on the success of your company. Although there are many ways to manage customer service delivery, the two main approaches are high-contact services and low-contact services.
Longer conversation times, better communication understanding, and richer information exchange are traits of a high-contact environment of services. The customer is physically and visibly exposed to the service provider.
To know more about high-contact services, click here:-
https://brainly.com/question/14469550
#SPJ4
Alexandria has recently begun using social media, and frank asks you what kind of business information would help him run the store more profitably and efficiently. What do you suggest?.
It can be suggested to Alexandria research customer preferences and their buying interest to run the store more profitably and efficiently.
What is Business?An economic activity that involves the exchange of goods and services with teh help of buying and selling with the objective to gain some profit is called Business.
A business will achieve maximum profit only when it generates better customer satisfaction which encourages them to purchase products. In order to develop customer satisfaction the business should aware of the tastes and preferences of their customer.
Learn more about Business, here:
https://brainly.com/question/15826604
#SPJ1
reba and sly enter into a contract by which reba promises to deliver newly printed marketing brochures to sly. reba later transfers her duty under the contract to troy. reba is
Delegator and a obligator. Transferring accountability for particular tasks from one person to another is referred to as delegation
What is delegation?
Giving someone else the power to carry out certain tasks is known as delegation. One of the fundamental ideas of management leadership is the process of allocating and entrusting tasks to another individual.
someone who delegated (= gave) some of their responsibilities to someone else to handle on their behalf: I've improved as a delegator as I try to reduce my 60-hour workweek. He appears to be more of a delegator and figurehead as president.
Transferring accountability for particular tasks from one person to another is referred to as delegation. From a managerial standpoint, delegation happens when a manager gives their staff members particular tasks to do.
To learn more about delegation refer to:
https://brainly.com/question/10708236
#SPJ4
what is the business strategy here (or competing dimensions) and what is the appropriate process type to match with the strategy (e.g., assembly line or batch or job shop, etc.)?
Operations management is a delivery-focused sector of business that makes sure an organization efficiently converts inputs to outputs. The inputs themselves could be anything, including supplies, machinery, and technology, as well as human resources like employees or staff.
What is operations management and what are some examples?Planning, coordinating, and monitoring business procedures to maximize efficiency and ensure that corporate processes are adding value is known as operations management. It entails planning and managing the procedures that turn resources like labor, machinery, and raw materials into finished goods and services.Utilizing resources, people, materials, and equipment efficiently is the overarching purpose of operations management in order to balance supply and demand.Waste Reduction - One of the most crucial elements of operations management is waste reduction. Lean manufacturing techniques and JIT scheduling to control inventory costs are only a couple of the methods that may be utilized to find and get rid of waste in manufacturing operations.You have the chance to make your manufacturing process more effective by using operations management. Additionally, you can enhance how your raw materials are kept in storage. The benefit of this is that you may minimize losses and, consequently, harm.To Learn more About Operations management refer to:
https://brainly.com/question/1382997
#SPJ4
your parents will retire in 29 years. they currently have $380,000 saved, and they think they will need $2,100,000 at retirement. what annual interest rate must they earn to reach their goal, assuming they don't save any additional funds? round your answer to two decimal places.
Time Value of Money (TVM) may be a money theory that holds that cash attained or possessed nowadays is valued over an identical quantity of cash attained or possessed within the future as a result of the interest-earning capability of funds.
This is a future price question wherever we are being asked to unravel the speed of coming back. as a result, we tend to manipulate the long-run price formula to isolate and solve for r.
FV = PV x [1 + (i / n)] (n x t), where
R represents Annual Interest,
FV is the Future Value
PV is the Present value
T represents the number of periods
r= (2100000/380000)1/19- 1
r=0.09414671248
To learn more about Future Value, visit here
https://brainly.com/question/14860893
#SPJ4
a credit policy that is too tight results in: multiple choice question. decreased sales volume accompanied by a high level of losses a low level of losses accompanied by an decrease in sales volume increased sales volume accompanied by a high level of losses
A credit policy that is too tight results in a low level of losses accompanied by an decrease in sales volume.
What is credit policy?A credit policy provides rules that define the amount of credit extended to consumers and how overdue account collections are to be handled. The policy is a crucial component of a company's finances since it affects both the amount of bad debt losses and the amount of working capital needed to support accounts receivable. The subjects listed below are often covered by a credit policy.
To learn more about credit policy visit:
https://brainly.com/question/23988875
#SPJ4
If you are looking for information about financial aid at many different institutes of higher education, who should you contact?.
A cosigner and the borrower share equal responsibility for repaying the debt, but a parent loan places all of the burden on the parent.
What exactly does EFC mean?
Colleges utilize an index number called your Expected Family Contribution (EFC) to calculate how much financial help you are eligible for. Your EFC is determined using the data from your Free Application for Federal Student Aid (FAFSA®) and a methodology set by law.
Why is it conceivable that you can receive less money than you borrowed in loans?
A loan works on a rather simple principle: you borrow money, then you pay it back. However, the amount you owe is greater than what you borrowed. This is a result of the interest and fees that a lender assesses you for using its funds. It is additionally known as a finance charge.
To learn more about EFC from the given link.
https://brainly.com/question/16713184
#SPJ4
active mutual funds: please choose the correct answer from the following choices, and then select the submit answer button. answer choices involve people actively investing their own money in many firms. involve a manager investing one customer's money in many firms. tend to charge higher-than-average management fees. are automated to mimic a broad stock market index.
A professional portfolio manager or team of managers selects the underlying investments for the portfolio in an actively managed fund. In fact, one of the reasons you would choose a specific fund is to gain access to the experience of its professional managers.
What is the Active mutual fund?An actively managed fund is one in which the fund manager is more involved in decision-making and actively monitors the addition and removal of stocks and bonds from the mutual fund's portfolio. The fund management cannot influence the movement of the underlying assets in passively managed funds.Choosing mutual funds with portfolio managers who select investments based on an independent evaluation of their worth is an important component of active investing; in other words, they seek to select the most appealing investments. Active managers typically strive to "beat the market" or outperform predetermined benchmarks.When things go well, actively managed funds have the potential to consistently outperform the market, even after fees are paid.To learn more about Active mutual fund refer to:
https://brainly.com/question/15826313
#SPJ4
the first thing analise does when she arrives in italy is to convert her u.s. dollars to euros. she will do this through the multiple choice currency market. foreign exchange market. carry trade market. world bank.
She will convert her US dollars to Euros in Foreign Exchange Market.
A global decentralized or over-the-counter market for trading currencies is known as the foreign exchange market. For every currency, exchange rates are set by this market. It covers all facets of purchasing, selling, and exchanging currencies at established or current rates.A global exchange market for national currencies is the foreign exchange market, commonly referred to as the forex market or FX market. Due to the worldwide nature of commerce, industry, and finance, the forex markets often rank among the largest and most liquid asset markets in the world. Currencies are exchanged against one another as exchange rate pairs.Purchasing one currency while selling another is the act of investing in foreign exchange. The foreign exchange market, or "forex," is used for this. Trading forex always takes place in pairs.Thus this is the meaning of Foreign Exchange Market.
To learn more about Foreign Exchange Market, refer: https://brainly.com/question/28500943
#SPJ1
a company has declared a dividend of $6.75 per share on its stock. capital gains are not taxed. suppose the irs has issued a new regulation that requires taxes of 25 percent be withheld at the time the dividend is paid. the stock currently sells for $106.15 per share. what will the ex-dividend price be?
The ex-dividend price of the share will be $101.09
A dividend is a gift that a business delivers to its shareholders, whether it be cash or something else. Dividends may be distributed in a number of ways, including stock dividends, cash payments, and other forms. The board of directors of a corporation determines its dividend, and shareholders must approve it.
Dividend per share = $6.75
Tax percentage = 25%
The selling price of the stock = $106.15
After-tax dividend amount:
= 6.75(1 - 0.25) = 5.06
The stock price will drop by the aftertax dividend amount:
Ex-dividend price = Selling price - After tax dividend amount
= 106.15 - 5.06
= 101.09
Learn more about dividends:
https://brainly.com/question/16014276
#SPJ4
If a business strategy and corporate culture are in conflict the __________ will win, regardless of the strength and effectiveness of the strategy.
If a business strategy and corporate culture are in conflict the corporate culture will win, regardless of the strength and effectiveness of the strategy.
Corporate culture is the behavior and belief that determine how a business's employees interact with each other. There are plenty of things that reflect a company's culture, such as but not limited to:
Business hoursEmployee dress codeEmployee benefitTurnover rateHiring decisionsOffice setupClient treatment and satisfactionCorporate culture can be shaped intentionally or grown organically by the employees. It will affect the business practice and every other aspect of the business. Employees and candidates would be more interested and eager to engage with a culture that they're comfortable and identify with.
Learn more about the organizational culture at https://brainly.com/question/20165755
#SPJ4
carlos is an hr manager in a manufacturing plant who wants to motivate his employees. he uses job characteristics theory to guide him. one step carlos will take is:
Helping workers understand how their efforts result in a finished product that pleases customers is one action Carlos will take as an HR manager who wants to motivate his employees.
What are the 5 core job characteristics in the Job Characteristics Theory.The five "core" job characteristics according to the Job Characteristics Theory are:
Skill Variety: The extent to which different activities are required in the profession, necessitating the development of a variety of skills and talents on the part of the employee.Task Identity: The extent to which the job demands the employee to identify and carry out a task from beginning to end so that the result is obvious.Task Significance: The impact a job has on other people's life. The effects could be felt within or externally.Autonomy: How much flexibility, independence, and discretion is given to an employee to plan out the task and choose the processes to be followed?Feedback: How much knowledge of the outcomes, i.e., precise, understandable, thorough, and useful information on the success of his or her performance-related activity, does the employee have?To know more about, Job Characteristics Theory, visit :
https://brainly.com/question/13163638
#SPJ4
which of the following statements is consistent with a given (i.e., fixed) lm curve? a) a reduction in the interest rate causes investment spending to increase. b) a reduction in the interest rate causes money demand to decrease. c) a reduction in the interest rate causes an increase in the money supply. d) an increase in output causes an increase in demand for goods. e) an increase in output causes an increase in money demand.
An increase in output causes an increase in money demand is consistent with a given LM curve. The entire quantity of money that a population wishes to own in an economy is known as the money demand.
The money demand reflects consumers' and companies' desire to hold assets in a form that can be quickly converted into products and services. Money differs from other asset classes in large part due to its spendability (or liquidity). Because of this, the need for liquidity is also used to describe the need for money.
The LM curve displays the real income levels and interest rate mixtures that cause the money market to be in equilibrium. Where money demand and money supply are equal is shown. The independent variable for the LM curve is income, while the dependent variable is the interest rate.
learn more about LM curve here
https://brainly.com/question/15969209
#SPJ4
a commercial bank sells a treasury bond to the federal reserve for $100,000. the potential money supply: multiple choice decreases. increases. is unaffected by the transaction.
A commercial bank sells a treasury bond to the federal reserve for $100,000 the potential money supply, increases.
What is the potential for making money?The process through which a nation, or an economic or monetary region, increases its money supply is known as money creation, sometimes known as money issuance. When a country's money supply is measured, the entire amount of cash and other liquid assets that are in circulation are referred to as the money supply. The following are the formulas for calculating changes in the money supply. First, Money Multiplier equals Reserve Ratio / 1. Use the equation Change in Money Supply = Change in Reserves × Money Multiplier to get the maximum change in the money supply.
To learn more about potential money supply, refer to:
https://brainly.com/question/19756189
#SPJ4
Match the items with their descriptions.
copyright owner
fair use of copyright materials
government publications
a life span of 20 years
use and display the copyrighted material
exempt from the Copyright Law
paraphrase articles for news reports
patents
Each of the items should be matched with the correct and appropriate descriptions as follows:
Government publications: a life span of 20 years.Copyright owner: use and display the copyrighted material.Fair use of copyright materials: exempt from the copyright law.Patents: paraphrase articles for news reports.What is copyright law?Copyright law simply refers to a set of formal rules and regulations that are granted by the government to protect an intellectual property (IP), especially by giving the creator or original author an exclusive right to use during his or her lifetime, while preventing any unauthorized access, unlawful use or duplication by other parties.
In this context, we can reasonably infer and logically deduce that a copyright grants a creator the exclusive right to use the creation during his or her lifetime, including the creator's heirs for 70 years after the creator's death.
Read more on copyright laws here: brainly.com/question/27832510
#SPJ1
Government publications- a life span of 20 years. Copyright owner - use and display the copyrighted material. Fair use of copyright materials - exempt from the copyright law. Patents - paraphrase articles for news reports.
What is Government publications?A government publication is defined as "informational material issued as an individual document at Government expense, or as required by law" under the United States Code.
Census data, statistical information, reports, journal articles, Royal Commission findings, parliamentary documents, legislation, and legal citations are a few examples of government publications.
Thus, statements are match correctly above.
For more information about Government publications, click here
https://brainly.com/question/23418355
#SPJ1
three components down, one to go! that last component is called net exports. for example, let's start with an economy with consumption of $350, economic investment of $200, and government purchases of $180. if overall gdp calculated via the expenditure method is $700, then what must that tell us about net exports?
The situation tells us that net export must be less than economic investment.
A country's overall trade is gauged by its net exports. The calculation of net exports is as easy as subtracting the value of all the products and services a country exports from the value of all goods and services it imports. A country with positive net exports has a trade surplus, whereas a country with negative net exports suffers a trade deficit. Thus, a country's net exports are a part of its overall trade balance. A nation with positive net exports makes more money from items sold abroad than it does from all of its imports. All of the products and services that a nation exports to other countries include goods, freight, travel, tourism, and communications or economic transactions include net exports.
Learn more about net exports here:
https://brainly.com/question/14099857
#SPJ4
the equilibrium price in this market is $2.50 and the equilibrium quantity is 25 units. if the government imposes a tax of $3 in this market, only 10 units will be sold, and the government will receive total tax revenue of: a $20.00 b $75.00 c $60.00 d $100 e $30.00
Tax revenue is the money that the government receives from taxation.
The federal government will get The total tax take is $75.00.
What is tax revenue?Tax revenue is the money that the government receives from taxation. The majority of the government's funding comes from taxes. Sources of income include people, public enterprises, trade, royalties from the sale of natural resources, and/or foreign aid.
Income and profit taxes, Social Security "contributions," taxes on goods and services, commonly referred to as "consumption taxes," payroll taxes, levies on the ownership and transfer of property, and other taxes are all included in the definition of "tax revenue."
A tax revenue is something that all households, businesses, and other institutional entities are required to pay to the government. Direct and indirect taxes generate several types of tax revenue.
The federal government will get The total tax take is $75.00.
To learn more about tax revenue refer to:
https://brainly.com/question/26316390
#SPJ4
what were the goals of taylor's scientific management? benefit the worker benefit the firm increase focus on human factors increase worker productivity
The goals of Taylor's scientific management were to increase worker productivity.
What is Taylor's Scientific Management?It was an approach developed in the 19th and 20th century on the application of a methodology based on scientific, to guarantee greater structuring and organization to the administration, through standardization, rationalization of work and operational efficiency.
The focus of the administrative current proposed by Taylor was to increase the productivity of employees and profitability of organizations through the maximum and structured use of organizational resources.
Therefore, scientific management focused on the company and not on the employees, the focus was on the development of work through effective methods to reduce time, waste and costs through a focus on increasing productivity.
Find out more Scientific Management on:
https://brainly.com/question/13191706
#SPJ1
which one of the following is not one of the master data that are relevant to the purchasing process? a. material master b. vendor master c. sales master d. purchasing info records e. conditions
The correct options are e. Conditions are master data that are not relevant to the purchasing process.
The buyer typically prepares the specs for the purchasing after recognizing the demand for the product. The choosing or tendering procedure used in the market helps identify a suitable item and supplier. The conditions and terms of the transaction for the items being acquired are then negotiated by the buyer and seller. Once an agreement has been achieved, the buyer issues a contract, an accepted pro-forma invoice, or a purchasing order. The purchaser may compare this to a framework agreement that has already been negotiated with suppliers of their choice. The delivery schedule mentioned in the sales contract governs how the goods will be transported. Following delivery acceptance, the seller creates a business invoice for payment. In accordance with the contract, the purchaser processes the payment.
Learn more about purchasing process here:
https://brainly.com/question/1489991
#SPJ4
which of the following statements regarding exporting is false? group of answer choices because it is the easiest form of going international, exports are not as important to the us economy. export can be indirect where companies rely on intermediaries to sell overseas. export can be of the passive form where overseas orders are treated like domestic orders. exporting is the easiest of entry-mode strategies.
The statement regarding exporting is false is because it is the easiest form of going international, exports are not as important to the US economy. Because in the real fact, exporting is the main point for US economy.
Exporting can be described as the process by which companies from one country sell their services and goods to consumers or companies in a different country. In the global trade, the foreign buyer in exporting is called as an importer which the seller of such goods or the service provider in exporting is called as an exporter. There are two types of exporting, such as direct exporting and indirect exporting.
Learn more about net export here https://brainly.com/question/26428996
#SPJ4
In response to increased consumer demand for healthful beverages, some soft-drink companies introduced new product lines of flavored water and fruit juices in order to ________blank their product mix.
In response to increased consumer demand for healthful beverages, some soft-drink companies introduced new product lines of flavored water and fruit juices in order to broaden their product mix
Product mix sometimes referred to as product portfolio, is the full set of products and or/or services offered by a company or business. The product mix has three dimensions:
Width or breadth, which is the number of product lines offered by a company.Length, which is the total number of products offered in a product mix.Depth, which is the variation within a product line.Expanding a product mix may help a company to its consumer's preferences or demands. If successful, it may generate profits for the company as well as give a better company brand image.
More about the product life cycle from the given link brainly.com/question/14567370
#SPJ4
who among the following individuals received an intrinsic reward? jake, who received a one-time payment from the management for his 7-year tenure at the company fiona, who received a travel voucher for exceeding the monthly sales target shiraz, who was allowed to choose the work project that interested him the most for his next assignment ritu, who was given the option of buying the company stocks as a reward for her exceptional leadership
Ritu received the intrinsic reward who was allowed to choose the work project that interested her the most for the next assignment.
Employees that do a good job at their jobs are intrinsic reward. These are frequently psychological and may include a sense of accomplishment and pride for making particular progress at work. Since everyone may feel rewarded for different accomplishments, such as finishing tasks, developing new skills, or supporting a team effort, each person may experience intrinsic rewards that are different from one another.
To learn more about intrinsic reward click here:
https://brainly.com/question/12958014
#SPJ4
the basic objective of monetary policy is multiple choice 1 to increase employment and stabilize exchange rates. to eliminate inflation and lower interest rates. to assist the economy in achieving a full-employment, noninflationary level of total output. to maintain steady exchange rates and lower inflation.
Controlling the supply and demand of capital is a component of monetary policy, which is mostly accomplished through the use of interest rates. Monetary policy may also incorporate unconventional techniques like quantitative easing and free market operations.
What is the monetary policy?In order to ensure price stability and public confidence in the value and stability of the country's currency, the monetary authority of a country adopts a policy known as monetary policy. This policy aims to control either the money supply or the interest rate payable for very short-term borrowing, which refers to borrowing by banks from one another to meet their short-term needs.
By altering interest rates or eliminating surplus reserves, monetary policy can increase the amount of money in circulation or decrease it. Fiscal policy, in contrast, focuses on taxation, government spending, and borrowing as tools for a government to control economic cycle phenomena like recessions.
To learn more about monetary policy, visit:
https://brainly.com/question/28199887
#SPJ4
an advantage to the corporation of issuing zero coupon bonds is multiple choice lower interest rates than conventional bonds. none of these options are advantages. tax benefits due to amortization. cash outflow with lower cash inflow than conventional bonds.
An advantage of issuing zero-coupon bond by corporation is that they have lower interest rates than conventional bonds. Correct option is (a).
An accrual bond, also referred as a zero-coupon bond, is a financial security that doesn't pay the interest but trades at a substantial discount, earning profit when it matures and therefore is returned for its full-face value.
Zero coupon bonds typically have extended maturity dates; many more are delayed by 10, fifteen, or maybe more years. An investor can plan for a longer-term objective, like as financing for a child's college education, that use these long-term maturity dates. An investor can use the substantial discount to invest a small sum of money that will rise over several years.
Normally zero-coupon bonds are issued at deep discount and at the time of maturity they are redeemed at par, the difference between issue value and redemption value is the interest earned by investor.
Learn more about zero-coupon bonds here:
https://brainly.com/question/21014163
#SPJ4
johnson's selling and administrative budget is based on budgeted unit sales, which are 4,600 units for august. the variable selling and administrative expense is $7.30 per unit. the budgeted fixed selling and administrative expense is $51,980 per month, which includes depreciation of $6,440 per month. the remainder of the fixed selling and administrative expense represents current cash flows. the cash disbursements for selling and administrative expenses on the august selling and administrative expense budget should be:
The total cash disbursed for selling and administrative expenses for the month of August is $79120
Included under selling expenses are costs related to selling the company's goods. The costs the company incurs to run its business are included in the administrative expense.
Number of units sold by Johnson's = 4600 units
Variable selling and administrative expense per unit = $7.30 per unit
Total variable selling and administrative expense for 4600 units= 4600*7.30 = $33,580
Fixed selling and administrative expense = $51980
Depreciation per month = $6440
Fixed selling and administrative expense after deducting depreciation = 51980 - 6440 = $45540
Total cash disbursed for selling and administrative expense = Fixed selling and administrative expense + Variable selling and administrative expense for 4600 units
45540 + 33580 = $79120
Learn more about expenses:
https://brainly.com/question/28448285
#SPJ4
a company that makes a commercial with a person who does an excellent, realistic job of pretending to be a famous movie star could be sued by the real actor for the tort of:
Commercial exploitation , All actions taken to profit financially from one's property are referred to as commercial exploitation.
What is Commercial exploitation?
All operations utilized to obtain a business gain from one's property are referred to as commercial exploitation.
The term commercial exploitation of topography refers to any activity that directly relates to the production of an integrated circuit or a whether it be through manufacturing, selling, renting, leasing, or any other methods of commercial distribution.
According to ILO documentation, economic exploitation refers to forced labor in traditional economic sectors, primarily agriculture. According to ILO estimates, there are around million individuals working in a variety of labor-intensive industries under forced labor.
To learn more about Commercial exploitation refer to:
https://brainly.com/question/28138492
#SPJ4
at year end, a client informs her rr that her employer did not make a matching contribution into her 401(k) account this year. the rr should respond by stating that
An employer being a sponsor of a 401(k) plan is not required by law to make a make a matching contribution on behalf of their employees.
Elaborate on 401k plan.Many American firms provide 401(k) plans, which are retirement savings plans with favourable tax treatment for the saver. It bears a section number from the United States Internal Revenue Code (IRC).
When a worker enrolls in a 401(k), they consent to have a portion of each pay check put directly into an investing account. A portion or the entire contribution may be matched by the employer. The employee has a variety of investing alternatives, most often mutual funds. To encourage Americans to save for retirement, the US Congress created the 401(k) plan. Tax savings is one of the advantages they provide.
To know more about, 401k plan, visit :
https://brainly.com/question/28628138
#SPJ4
a company is in its first month of operations. on january 15, the company receives $600 from customers who will receive 10 voice lessons ($60 per lesson). as of january 31, the company has provided 8 voice lessons. what adjusting entry would be made at the end of january? post the adjusting entry for the scenario provided.
Service Revenue $480 would be made at the end of the january.
On Jan 31 Unearned revenue = (8x $60)
=$480
Service revenue = $480
Only a portion of the lessons are given this month; the remainder must be paid for next. Therefore, only the revenues that correspond to the rendered services will be recognized. Because there are only 8 classes available this month, only 8 lessons' worth of money will be recorded in January. After the lessons are delivered, the income for the remaining lessons will be recognized in the next month. Unearned revenue will be recorded up to the amount of services rendered. As a result, liability will decline while Service revenue rises.
Unearned revenue is income earned for services that have not yet been rendered. When a service is rendered in exchange for the income, the accrual system recognizes it.
learn more about Service revenue here
https://brainly.com/question/13476001
#SPJ4
a company acquires equipment for $50,000 and expects to use the equipment for 5 years. salvage value at the end is expected to be $10,000. the amount of annual depreciation by the straight-line method is $
The amount of annual depreciation by the straight-line method is $8000.
What is annual depreciation?Annual depreciation is described as the rate at which an asset or equipment loses its value after it is purchased and used. It is important to mention that the fixed asset loses its value and the depreciation takes annually. It can also be highlighted that any asset can lose its value especially when it undergoes wear and tear, and due to its usage, it loses its original value.
Given that,
Cost of the equipment = $50,000
Salvage value = $10,000
Useful life = 5 years
As per the formula of annual depreciation by the straight-line method,
Annual depreciation = (cost of the equipment - salvage value)/life = (50,000 -10,000)/5 = 40,000/5 = $8000
It can be concluded that the amount of annual depreciation by the straight-line method is $8000.
To know more about, annual depreciation, check this link:
https://brainly.com/question/27971176
#SPJ4
Dividing a market into smaller segments of buyers with distinct needs or behaviors that might require separate marketing strategies is known as __________.
Dividing a market into smaller segments of buyers with distinct needs or behaviors that might require separate marketing strategies is known asmarket segmentation
What is the process of dividing a market into smaller groups? Market segmentation refers to “dividing a market into smaller segments of buyers with distinct needs, characteristics, or behaviors that might require separate marketing strategies or mixes,” targeting is defined as “evaluating each market segment's attractiveness and selecting one or more segments to enter,” Based on demographics, demands, goals, shared interests, and other psychographic or behavioral characteristics used to better understand the target audience, market segmentation divides a market into subsets.You may use this targeting in your product, sales, and marketing efforts by analyzing your market segments. The four primary categories of market segmentation are thought to be geographic, psychographic, behavioral, and demographic; however, there are many other tactics you can employ, as well as countless variants on the four primary types. Three Different Types of Segmentation and Their Use psychologically based segmentation.The values, beliefs, perceptions, attitudes, interests, and actions of the consumer are taken into account by this segmentation technique.segmentation based on demographics.segmentation by location.To learn more about market segmentation refer
https://brainly.com/question/15357678
#SPJ4