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tresset_1 [31]
2 years ago
7

Lakeland Inc. employees get 40 hours paid leave each year to pursue volunteer projects. The company runs a service day that host

s projects in 25 countries, and it supports a nonprofit that brings young people into public service for a year. Lakeland could be most accurately described as practicing ________ marketing.
Business
1 answer:
e-lub [12.9K]2 years ago
4 0

Answer:

sense of mission marketing

Explanation:

Sense of mission marketing refers to the marketing practice that holds that a company has to define its mission in a broad social context and not just simply in product terms.  

In this case, Lakeland's employees are involved in several social projects that help local communities in all the places that the company operates.

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Campus Theater adjusts its accounts every month. The company's unadjusted trial balance dated August 31, current year, appears a
svetlana [45]

Answer:

Debit Rental expense $18,240 Credit Prepaid Rent expense $18,240

Debit depreciation$840 Credit Accumulated depreciation on Building $840

Debit depreciation $720 Credit Accumulated depreciation on fixtures and equipment $720

Debit Interest expense $1,800 Credit Accrued interest payable $1,800

Debit Unearned admission Revenue $600 Credit Revenue $600

Debit Accounts Receivable $2,700 Credit Concession Revenue $2,700

Debit Salaries expense $2,040, Credit Salaries Payable $2,040

Debit Income tax Expense $5,040 Credit Current Tax Payable $5,040

Debit Utility expense $12,600 Credit Utility bills $12,600

Explanation:

Depreciation  : Building = 201,600/240 = $840

4 0
2 years ago
Jake Entertainment Corporation has three segments with revenue, operating income, and depreciation and amortization information
frosja888 [35]

Answer:

Video Games = 35%

Explanation:

As for the provided information, we have:

Operating Income given is exclusive of Depreciation and amortization as operating income do not include so:

Therefore:

EBITDA as percentage of Revenue shall be :

= \frac{Operating\ Income}{Total\ Revenue} \times 100

For each segment the calculation shall be:

Film = \frac{1,500}{5,000}\times 100 = 30%

Theme Park = \frac{320}{1,000} \times 100 = 32%

Video Game = \frac{175}{500} \times 100 = 35%

Since the highest percentage is that of video games, it is the most productive.

The options provided do not relate to this question.

8 0
2 years ago
Andrew has been asked to estimate future cash flows for his company. He is having a hard time remembering how to estimate future
Sonja [21]

Answer: Andrew should look to find the information in SFAC No. 7. The level of the conceptual framework that his new knowledge will apply to is level 3.

Explanation:

From the question, we are informed that Andrew has been asked to estimate future cash flows for his company and that he is having a hard time remembering how to estimate future cash flows from his accounting classes.

Andrew should look to find the information in SFAC No. 7. The level of the conceptual framework that his new knowledge will apply to is level 3.

7 0
2 years ago
you are planning to open a sandwich shop. you begin to think about the four functions of business—production, marketing, managem
Katarina [22]

Answer:

Explanation:

In order to run a successful business each of these functions need to be present and functioning efficiently since each one depends on the other in order for the entire business to succeed. Production makes sure that the business has products to sell. Marketing makes sure that potential customers are aware of the products that the business sells. Finance makes sure that the pricing for those products, costs, and expenses (marketing) all lead to profitability when calculated. And finally, Management makes sure that all of these functions interact efficiently and are poised for success.

8 0
2 years ago
You borrowed $185,000 for 30 years to buy a house. The interest rate is 4.35 percent, compounded monthly. If you pay all of your
Afina-wow [57]

Answer:

$495,614.80

Explanation:

The interest paid will be the total amount paid minus the principal amount.

The amount paid after 30 years using compound interest will be

the future amount. Interest rate is compounded monthly . There are 12 compounds in a year, equivalent to 360 after 30 years.

interest is 4.35 per year or 4.35/12 per month

FV = P x ( 1+ r)N

Fv = 185,000 x ( 1+ 0.3625/100)360

Fv = 185,000 x (1.003625)30

Fv = 185,000 x 3.67899783

Fv = 680,614.60

Interest paid will be = $,614.80 - $185,000.00

=$495,614.80

5 0
2 years ago
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