Answer:
Explanation:
There was ice bucket challenge, where series of videos emerge that show how people are putting bucket of water on themselves on social media, which involves celebrities such as Lady Gaga, Bill Gate and millions of people.
This makes the video to went viral and even ALSA organization mail a good number of people.This give sensation about people knowing about ALS disease world wide. This ice bucket challenge can be said to be a fund raising success, where there was over $70 millions donation in the next Sunday morning,
The ALSA organization knows very well the benefits that could be derived from it if the event would take place in coming year because they are part of the fund raiser and appreciate it. Therefore,ALSA can learn alot because from this experience been part of the fund raiser to help the organization take advantage of the power of social media in the future.
Answer:
The answer is yes, it will function as a medium of exchange.
Explanation:
Money has three functions, store of value, unit of account and medium of exchange. Money that can be used as a medium of exchange is money that is accepted as such by both buyers and sellers, and that is comfortable, or convenient enough, to be carried and exchanged
In this example, the nation of Newbie will issue a currency that can be easily transported. While heavy stock cardboard is a little bit heavier than the paper in which most modern-day currencies are printed, the weight is still light, and does not impede easy transportation and exchange of the currency bills.
Besides, the new Newbie Nugget will be what is know was the legal tender of the nation. The legal tender is the currency that a specific country accepts to collect taxes. This gives more legitimacy to Newbie Nugget and makes it a classical example of a medium of exchange.
Answer:
Place Marketing
Explanation:
Based on the scenario being described it can be said that the marketing strategy that is being illustrated is known as Place Marketing. This is a business strategy that focuses on mainly attracting different investors, visitors (tourists) or talent to the company/business. This is term brings in potential customers that increase revenue for the businsess.
Answer:
a. Sep 10
b. $21,823
c. $21,500
Explanation:
a) Due date of the note
July 13 to 31 = 19 days
Aug 1 to 31 = 31 days
Sep 1 to Sep 10 = 10 days
due date is Sep 10
b) Maturity value of the note
$ 21500 + $ 21500*9%*60/360
= $ 21823
c) Journal entry
Cash debit $ 21823
interest recieved credit $323
Notes Receivable credit $ 21500
