Answer:
Balance = $1,650
Explanation:
As Norma company has paid 4 months rent in advance, therefore at the end of June, norma company will record its 1-month expense as follows
Adjusting entry at the end of June would be
DEBIT CREDIT
Entry
Rent Expense $550
Prepaid Rent $550
The balance on Norma's prepaid expense would be
Prepaid Rent = $2200
Rent Expense = ($550)
Balance = $1,650
Answer:
The price of the Stock today is $60.07. So option D is the correct answer.
Explanation:
The stock price of a company's stock whose dividends grow at two different growth rates can be calculated using the two stage Gordon growth model also known as the two stage DDM.
The short term growth rate or the growth rate that is for a limited time period is taken as g1. So, g1 is 15%
The sustainable growth rate which is the growth rate that will prevail forever is taken as g2. So, g2 is 10%
The price of the stock today is,
P0 = 1 * (1+0.15) / (1+0.12) + 1 * (1+0.150^2 / (1+0.12)^2 +
[ (1 * (1+0.15)^2 * (1+0.1) / (0.12 - 0.1)) / (1+0.12)^2 ]
P0 = $60.067 rounded off to $60.07
Answer:
market value
Explanation:
In situations such as this one, the appraiser is usually hired to determine the market value of the property/asset that the individual is trying to sell. Market value is a term used in economics that describes the actual current value of an asset or a company on the financial market, according to market participants. In other words, this is the current price that other similar assets are selling for and what buyers seem to be willing to pay.
Marshall Manufacturing has adopted an integrated marketing communication system
.
Option C
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Explanation:
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The main aim of an organisation is to have an effective communication channel to enhance their profit by adopting to an effective system.
For such effective system the organisation can make use of a model called Integrated marketing communication system this will organise and integrate all the promotional strategies of marketing and communicating to the end user.
This is a long process wherein the brand awareness will be created among the general customers at a low cost. This is also abbreviated as IMC which utilize numerous channels to communicate the campaign messages.
This campaign boost the efficiency of marketing activities that are used to convert strangers into prospects and prospects into customers.
Answer:
True
Explanation:
Outsourcing is when a company gives some of its internal activities to an external party that takes the responsibility to get things done and one of the reasons for a company to do this is to get rid of activities that have to get done but that are not part of their core operations to be able to concentrate on their main activity and get those things done by experts which can help increase productivity. According to that, the answer is that the statement is true.
