If you plan to take money out of the bank frequently, what type of account should you get?
A. A savings account
B. A checking account
C. An interest account
D. An investment account
Please select the best answer from the choices provided
Answers
Answer:
b. A checking account
Explanation:
Related Questions
Which of the following statements describes the media's role in the self-regulation of advertising?
A. The media must accept all the advertising campaigns they receive because of the First Amendment that guarantees the freedom of speech.
B. The media cannot refuse to accept advertising for an entire product class such as hard liquor.
C. The media can refuse to accept individual ads they find offensive or objectionable.
D. The media is expected to reject ads that are targeted toward children and older adults.
E. The broadcast is required by law to reject political ads.
Answers
The option that describes the media's role in the self-regulation of advertising is The media can refuse to accept individual ads they find offensive or objectionable. Option C
What is meant by advertising?A marketing strategy known as advertising involves purchasing real estate to advertise a good, bad, or intangible idea. Ads, as they are often known, are the real advertising messaging. Reaching the demographics most likely to be interested in purchasing a company's goods or services is the aim of advertising.
An advertising, sometimes referred to as an advert or ad, is typically seen as a kind of public discourse that supports a good, service, organization, or event. Some people may view the phrase as going much farther than that, encompassing any type of sponsored advertising intended to enlighten or persuade. Advertisements are messages that are sent and paid for by their senders with the intention of informing or influencing the recipients.
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Martin is a credit counselor working with a client, Kim, who is in serious financial trouble. Kim is hesitant because she has a long way to go and a lot of work to do before she can be financially healthy again. What is the best way for Martin to explain the next steps to her?
A.) Martin should present the information in small manageable steps rather than give her a lengthy to-do list.
B.) Martin should make a list of tasks that must be completed and do them for her, since he is an experienced professional.
C.) Martin should compile a list of all the tasks that Kim must complete and suggest that she report back to him after she is finished.
D.) Martin should not encourage her to do anything she is reluctant to do, even if it means salvaging her financial life in the long term
Answers
Answer:
C
Explanation:
C la respuesta es la C ya que
Project management is best described as including administrative tasks for planning, documenting and controlling work, as well as ______.
Answers
Project management is best described as including administrative tasks for planning, documenting, and controlling work, as well as executing and delivering the project.
Project management involves a set of activities and processes that aim to plan, organize, and control the resources and tasks necessary to achieve project objectives.
While administrative tasks such as planning, documenting, and controlling work are important aspects of project management, they are not the only components. In addition to these administrative tasks, project management also encompasses the execution and delivery of the project.
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When you produce cars, it is enormously expensive to produce one car, but then the costs per car decrease as more are produced. this would be an example of:_________
Answers
The cost of making one car is astronomically high, but when more cars are made, the cost per car goes down. An illustration of economic growth might be this. Economic growth is the rise or improvement in the market value of the goods and services generated by an economy over a predetermined period of time, adjusted for inflation.
Traditionally, statisticians have calculated growth as a percentage rate of real gross domestic product, or real GDP. In order to remove the inflationary distortion on the prices of produced items, growth is typically calculated in real terms, or terms adjusted for inflation. Economic growth is measured using national income accounting. Since the annual percent change in the gross domestic product—a key indicator of economic growth.
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The owner of the rapids river rafting company wants to advertise to a broader customer base as a way to increase revenue. Employees are a little resistant to his plan. What is one way he can persuade them that this is a good idea?
Answers
Answer:
Document ways diversity played a crucial role for business in the past
Explanation:
River rafting refers to the activity of moving quickly in a small boat along rivers
The owner of the rapids river rafting company wants to advertise to a broader customer base as a way to increase revenue.
But the employees are a little resistant to his plan.
For this document ways, diversity has played a crucial role in business in the past.
So, he can follow such ways.
Cycle Wholesaling sold merchandise on account, with terms n/60, to Sarah's Cycles on February 1 for $1,250 (cost of goods sold of $725). On February 9, Sarah's Cycles returned to Cycle Wholesaling one-quarter of the merchandise from February 1 (cost of goods returned was $195). Cycle Wholesaling uses a perpetual inventory system, and it allows returns only within 15 days of initial sale. Required:
Answers
Answer:
1. 1-Feb
Dr Accounts receivable 1,250
Cr Sales revenue 1,250
2 . 1-Feb
Dr Cost of goods sold 725
Cr Inventory 725
3. 9-Feb
Dr Sales revenue 312.50
Cr Accounts Receivable 312.50
4. 9-Feb
Dr inventory 195
Cr Cost of goods sold 195
5. 2-Mar
Dr Cash 937.50
Cr Accounts receivable 937.50
B. Gross profit percentage=43.47%
Explanation:
A. Preparation of the journal entries to record sales , goods return on February 9 and Cash collected on March 2
1 to 3 Preparation of the journal entries to record sales
1. 1-Feb
Dr Accounts receivable 1,250
Cr Sales revenue 1,250
2 . 1-Feb
Dr Cost of goods sold 725
Cr Inventory 725
3. 9-Feb
Dr Sales revenue 312.50
Cr Accounts Receivable 312.50
(1/4*1,250)
4. Preparation of the journal entry to record goods return on February 9
9-Feb
Dr inventory 195
Cr Cost of goods sold 195
5. Preparation of the journal entry to record collected on March 2
2-Mar
Dr Cash 937.50
Cr Accounts receivable 937.50
(1,250-312.50)
B. Calculation for the gross profit percentage for sales to Sarah's Cycles
First step is to find the gross profit
Net sales 937.50
Less Cost of goods sold (530)
(725-195 )
Gross profit 407.50
Now let calculate the Gross profit percentage using this formula
Gross profit percentage = Gross profit/Sales
Let plug in the formula
Gross profit percentage=407.50/937.50
Gross profit percentage=0.4347*100
Gross profit percentage=43.47%
Given an eoq model with shortages in which annual demand is 4200 units, co = $160, cc = $7 per unit per year, and cs = $25, what is the order quantity?
Answers
The order quantity will be 438.
The term "inventory" refers to the raw materials, works-in-progress, and finished commodities that the corporation has on hand for production and sale. It is listed as a current asset on the asset side of the balance sheet.
Given :
Annual demand(D) = 4200 units
Ordering cost(Co) = $160
carrying cost(Cc) = $7 per unit per year
Shipping Cost(Cs )= $25
Now to calculate Order Quantity will be calculated as :
order quantity = √2CoD/Cc
= √(2x160x4200)/7
= 438
Therefore, the order quantity will be 438.
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As you rule, you should not spend more than______of your pre-tax dollars on housing?
Answers
Answer:
36%
Explanation:
According to this rule, a household should spend a maximum of 28% of its gross monthly income on total housing expenses and no more than 36% on total debt service, including housing and other debt such as car loans and credit cards. Lenders often use this rule to assess whether to extend credit to borrowers.
Issued by corporations, these financial instruments give their holders a class ownership in a company. They are riskier than bonds but less risky than the general class of ownership.
Answers
Suppose that the total stock, S0, of a nonrenewable resource is 400 units, the demand equation in each year is Qt=250−Pt, the marginal cost of extraction is C=0, and i=10%. A. If the resource will only be useful in the current year and not thereafter: 1. What is the efficient price and quantity? 2.What would the price and quantity be if the industry was perfectly competitive? 3. What would the price and quantity be if the industry was a monopoly? B. If the resource will be useful both this year and next year but not thereafter: 1. Is the resource scarce? 2. What is the efficient price and quantity in each year? 3. What is the scarcity rent in each year? C. Suppose that all the assumptions are the same except that the demand equation in years 0 and 1 is Qt=125−0.5Pt. 1. What is the efficient price and quantity in each year? 2. What is the scarcity rent in each year?
Answers
If the total stock of a nonrenewable resource is 400 units, the demand equation in each year is Qt = 250 − Pt, the marginal cost of extraction is C = 0, and i = 10%, then, we have the following results:
A. If the resource will only be useful in the current year and not thereafter:1. The efficient price and quantity will be determined by equating the marginal cost to the demand and subtracting the cost from the demand function.MC = D, 0 = 250 − P, P* = 250, Q* = 250.2. If the industry is perfectly competitive, the price would be equal to marginal cost. Therefore, P = MC = 0 and Q = 250.3. If the industry was a monopoly, the efficient price and quantity would be the same as in part a.1. That is, P = 250 and Q = 250.B. If the resource will be useful both this year and next year but not thereafter:
1. The resource is not scarce since it will be available next year.
2. The efficient price and quantity for both years will be P* = 187.5, Q* = 125.3.
The scarcity rent for the current year will be P* − MC = 187.5 − 0 = 187.5.
For the next year, it will be 125.5 − 0 = 125.C.
Suppose that all the assumptions are the same except that the demand equation in years 0 and 1 is Qt = 125 − 0.5Pt.
1. The efficient price and quantity in year 0 will be P*0 = 166.67 and Q*0 = 83.33.
The efficient price and quantity in year 1 will be P*1 = 125 and Q*1 = 62.52.
The scarcity rent in year 0 will be P*0 − MC = 166.67 − 0 = 166.67.
The scarcity rent in year 1 will be P*1 − MC = 125 − 0 = 125.
Given the total stock of a nonrenewable resource to be 400 units, and the demand equation in each year as Qt = 250 − Pt, with a marginal cost of extraction as C = 0 and an interest rate of i = 10%, we are required to calculate the efficient price and quantity for the given cases.
Further, we need to find out the quantity and price for a perfectly competitive and a monopoly industry as well as the scarcity rent.
Also, given that the resource will be useful both this year and next year, but not thereafter, we need to determine the efficient price and quantity in each year and the scarcity rent.
The efficient price and quantity for the current year is P* = 250 and Q* = 250.
Further, for a perfectly competitive industry, the price would be equal to the marginal cost, and Q = 250. The same is true for a monopoly industry. For the resource that will be useful for the current year and the next year, the efficient price and quantity for both years are P* = 187.5 and Q* = 125.
Further, the scarcity rent for the current year and the next year is P* − MC, which is equal to 187.5 for the current year and 125 for the next year. Finally, when the demand equation changes to Qt = 125 − 0.5Pt, the efficient price and quantity for year 0 are P*0 = 166.67 and Q*0 = 83.33, while for year 1, they are P*1 = 125 and Q*1 = 62.5. The scarcity rent for year 0 and year 1 is 166.67 and 125, respectively.
In conclusion, we have found that the efficient price and quantity for a nonrenewable resource depend on various factors such as demand, marginal cost, and interest rate. Further, we have calculated the efficient price and quantity for cases where the resource will be useful for the current year, for the current year and the next year, and where the demand equation changes. We have also determined the scarcity rent for each year in the second case.
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Marci has been offered two jobs. One is for an entry-level public relations
specialist in a big city, the other is for an entry-level public relations specialist
in a smaller town. Based on just this information, what factor might help
Marci decide which job offer to accept?
Answers
Answer: The pay offered and if she’ll be able to afford the lifestyle she wants at that location.
Explanation: yes
There are two occupations that Marci could accept. One is for a young public relations professional in a large city, the income provided, and whether she will be able to afford the lifestyle she wants there.
What do you meant by public relations?Public relations (PR) is the activity of organizing and distributing information to the general public from an individual or an organization (such as a company, a governmental body, or a nonprofit organization) in an effort to change that person's perception. Publicity is different from public relations in that publicity is not under internal control and is generated by third parties.
Public relations can be used by a business or individual to reach out to their audiences with news stories and issues of general interest without asking for money up front.
Much of the publicity comes from the media. This distinguishes it as a type of marketing communications from advertising. Instead of spending money on marketing or advertising, public relations seeks to generate or receive publicity for clients in the form of earned media.
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In for peny, in for a pound , taking care of the rands and cents
Answers
Answer:
l don't understand the question you ask
based on the micromatic simulation (mm), the cost of raw materials is $10 per unit in region 1 and region 2 (r1 and r2). a $1 discount is applied if the order quantity is more than 10,000 units, and a $2 discount is applied if the order quantity is more than 20,000 units. the inventory cost of raw materials is $2 per quarter. however, there is a 7-8% chance that suppliers will only deliver 80% of the ordered raw materials. assuming you have plant capacity 16,000 unit in r1 and have 5000 raw materials left over from q1, how much raw materials should you order in q1 in r1? group of answer choices 18,000 units 16,000 units 20,000 units 11,000 units
Answers
Based on the information given, the optimal quantity of raw materials to order in Q1 in region 1 (r1) is 18,000 units.
To determine the optimal quantity of raw materials to order, we need to consider several factors. First, we need to factor in the cost of raw materials, which is $10 per unit in r1. We also need to consider the discounts offered for larger order quantities, which are $1 per unit for orders over 10,000 units and $2 per unit for orders over 20,000 units.
Next, we need to factor in the inventory cost of raw materials, which is $2 per quarter. This means that if we order too much raw materials and cannot use them all in one quarter, we will incur additional costs to store the excess inventory.
Finally, we need to consider the risk of suppliers only delivering 80% of the ordered raw materials, which has a 7-8% chance of occurring. This means that we need to order enough raw materials to cover our needs even if the suppliers do not deliver the full amount.
Given all of these factors, the optimal quantity of raw materials to order in Q1 in r1 is 18,000 units. This order quantity qualifies for the $1 discount and is large enough to cover any potential shortfalls in supply.
Therefore, based on the information given, the optimal quantity of raw materials to order in Q1 in r1 is 18,000 units.
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Fill in the blank. Corporations usually agree not to call bonds for the first ___ years after issuance.
Answers
Corporations usually agree not to call bonds for the first 5 to 10 years after issuance.
Corporations typically include a provision in bond agreements that restricts them from calling the bonds for a specific period after issuance, usually ranging from 5 to 10 years. This provision, known as call protection, provides stability and security to bondholders by ensuring that their investment cannot be redeemed prematurely. During the call protection period, bondholders can rely on the fixed income from their bonds without the risk of early redemption.
It allows investors to plan and manage their investments based on the expected duration of the bond, offering a measure of predictability and stability in the bond market.
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David, the manager of a bookstore, prefers to directly point out other's mistakes. Some employees see his communication style as rude and
aggressive. Which of the following can cause such a conflict?
O Concern over job security
Lack of trust
Differences in work styles
Diversity in the workplace
Answers
Answer:
Differences in work styles
Explanation:
Conflicts are serious disagreements. They arise from differences in ideas, opinions, methodology, or actions. Conflicts create tensions and may lead to verbal or physical violence if unresolved.
David, as the manager, has his style of working. The employees under him may have different methods of performing their roles. If David does not appreciate his junior ways of working, there could be tension and unnecessary conflicts.
if a firm sells 20 units of output at $15 per unit and 21 units of output when price is reduced to $14, its marginal revenue from selling the last unit is group of answer choices $21. $6. -$6. $294.
Answers
The correct answer is C. The marginal revenue from selling the last unit is equal to the change in total revenue, which in this case is -$6.
When the firm sells 20 units at $15 per unit, its total revenue is:
20 units x $15 per unit = $300
When the price is reduced to $14 per unit and the firm sells 21 units, its total revenue is:
21 units x $14 per unit = $294
Therefore, the change in total revenue from selling the 21st unit is:
$294 - $300 = -$6
Marginal revenue is the additional revenue generated from the sale of one additional unit of a product or service. It is the change in total revenue that occurs as a result of selling one more unit of a good or service. In summary, marginal revenue is an essential concept in business that allows companies to make informed decisions regarding pricing and production levels, ultimately leading to increased profitability.
Marginal revenue is important in determining the optimal level of production and pricing for a business. When the marginal revenue of a product is greater than its marginal cost, a company should continue to produce more of that product. On the other hand, if the marginal cost exceeds the marginal revenue, a company should reduce its production or even stop production altogether.
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( b ) explain five circumstances under which a high population growth may be desirable
Answers
Answer:
There is a need to increase the demand in market for both goods and services.
There is a need to attract foreign investors
As societies modernize, mortality rates fall while birth rates remain high leading to high population growth rates.
Higher population growth may be beneficial in high-income countries where there is currently a tendency for population growth rates to decline
Development in agriculture, better techniques to grow more and better quality food. Food available at all the times due to better storage conditions. So people do not die of starvation when food is not available.
Explanation:
High population growth may be desirable in the market, investors, societies, high-income, and agriculture.
What is a population?
The population is the number of people residing in a certain area. Estimating the population enables us to determine how many beings there are and how best to respond.
The market needs to see an increase in demand for both goods and services.It is necessary to draw in international investors.Modern societies see declining rates of death while experiencing large families, which results in rapid population growth.In high-income nations which have now a propensity for population increase to drop, higher growing population may well be advantageous.advancements in agriculture, new ways to produce more food of higher quality. Food is always available because to improved storage circumstances. Consequently, when food is scarce, people do not perish from hunger.Learn more about population, Here:
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. Describe an example of "Capital" from the passage.
Answers
An example of "Capital" from the passage is the money and resources that a company invests into its business operations.
In the context of the passage, capital refers to the funds and assets that a company uses to generate profits and sustain its operations. This can include investments in equipment, property, and infrastructure, as well as money spent on research and development, marketing, and other business expenses. By allocating capital strategically, companies can maximize their returns and ensure long-term growth and success.
Unfortunately, it was not included in your question. Please provide the passage text so I can accurately identify and describe an example of "Capital" from it.
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Sherifs 1966 robbers cave state park demonstrated that conflicts can be created simply by randomly assigning people into competing groups he later demonstrated that he could reduce conflict by having campers work together to achieve some mutual interest sherifs study demonstrating how_____ foster cooperation
Long term
Keep groups small
Superordinate goals
Answers
Sherif's study demonstrated how superordinate goals foster cooperation. Superordinate goals refer to shared objectives or tasks that require the collaboration and cooperation of individuals from different groups.
In the Robbers Cave experiment, Sherif initially created conflict by randomly assigning boys to competing groups. However, he was able to reduce this conflict by introducing superordinate goals that required both groups to work together towards a common objective, such as fixing a broken water supply. By having the campers collaborate and focus on shared goals, Sherif observed a decrease in intergroup hostility and an increase in cooperation. This study highlights the importance of establishing common goals that transcend group boundaries in fostering cooperation and reducing conflicts.
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When janelle decided to buy a new computer, she thought about all the brands she could recall seeing advertised, but when she visited her local best buy, she limited her search to only those brands she would consider buying. the brands available at best buy represent janelle's set.
Answers
Situational influences are transient circumstances that have an impact on consumer behavior.They include tangible elements like a store's layout, buying areas, music, lighting, and even odors.Businesses work to improve the physical conditions that shoppers encounter.
What are the situational factors that could alter the consumer decision making at the time of purchase?The likelihood that someone will go through all six stages of the purchasing process is probably limited to specific circumstances, such as when purchasing a thing for the first time or when purchasing expensive, durable, infrequently used items.Complex decision-making is what is meant when this occurs. Which of the aforementioned purchases would consumers be most likely to make with limited problem-solving.A regular coffee drinker's typical purchase is generally coffee to go.But problem solving skills will likely be reduced as a result of college courses. Physical surroundings, social surroundings, temporal perspective, task description, and antecedent state are the five components that make up situational factors. There are four different forms of consumer behavior: complex buying behavior, dissonance reduction, variety seeking, and habitual buying behavior. Consumer decision-making can appear complicated, but all buyers follow the same fundamental stages to choose the goods and services that will best meet their needs.Whether purchasing something, especially when it's something substantial like a car, consider your own thought process. When acquiring high-involvement products, buyers don't exhibit routine response behavior.Instead, they participate in what is known as prolonged problem solving, spending a lot of time weighing various factors such product features, costs, and warranties.To learn more about decision making refer
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Type the correct answer in the box. Spell all words correctly.
Which type of facility layout groups similar machines together so that they carry out specific functions?
In the case of a (blank) layout, similar machines are grouped together to carry out specific functions.
Answers
Answer:
A process layout groups similar activities together according to the functions they perform.
Explanation:
Answer:
process
Explanation:
Plato/Edmentum
Help Me Please!!!!!!
Answers
Answer:
Cell phone Plan/Backpack/Electric bill/Car insurance look like the ones to choose. If you chose rent you would go over budget, same for a car payment.
45+60+10+60=175
230-175=55
you would have 55$ left if you went with these. Don't know if that's what the question wants though...
will mark brainliest if answered!! due today!! this was in my business class so i chose business
Lionel works for an energy company interested in drilling for oil off the coast of a small island. The representative for the local fishing industry, Rochelle, says that locals are vigorously opposed to Lionel’s idea. A town meeting is held. Lionel explains how his company is dedicated to practicing the safest drilling techniques. He explains that oil piped from the ocean’s floor is purer and that it can be harvested in a more efficient way than an oil rig on land. Lionel also emphasizes how much the trucks carrying fish to the markets all over the country would save if local oil was able to be used. Rochelle fires back that in the past, serious accidents with offshore oil drilling have been reported. She points out that if there were a spill, the resulting death of fish would cost the local fisherman their livelihood. Local opinion on the issue is split. Before the town agrees to side with Lionel’s energy company or Rochelle’s local fish industry, officials order a report from a biotechnologist. Everyone agrees to go with what the biotechnologist recommends. Which side do you think the biotechnologist will agree with? Why?
Answers
Answer:
Rochelle
Explanation:
Because Rochelle oil company is safer than lionel because if there was a leak the damage would be very big.
Answer:
Rochelle
Explanation:
Rochelle because Because her oil company is safer than Lionel because if there were an oil spill the damage would be huge and it would damage the fish while if they take on Rochelles's idea, they can keep the fish healthy and happy.
Open skills are those that are to be identically produced by the trainee on the job.
True or False.
Answers
False. Open skills are those that are not always performed the same way in every situation and may require the employee to adapt and problem-solve. These skills are often related to communication, critical thinking, and creativity.
Open skills: As mentioned, open skills are skills that are not always performed the same way in every situation and may require the employee to adapt and problem-solve. These skills are often related to communication, critical thinking, and creativity. For example, a salesperson needs to be able to adapt their communication style depending on the customer they are working with, or a designer needs to be able to problem-solve and come up with creative solutions to design challenges.
Closed skills: Closed skills, on the other hand, are skills that are consistently performed the same way in every situation and can be easily taught and assessed. These skills are often related to technical or procedural tasks. For example, an assembly line worker needs to be able to consistently perform the same steps in assembling a product, or a data entry clerk needs to be able to accurately enter data following a set procedure.
It's important to note that many jobs require both open and closed skills, and that the balance of these skills may vary depending on the specific job and industry. Employers often seek candidates with a combination of both types of skills, as well as other traits such as adaptability, teamwork, and a willingness to learn.
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a shipping company needs to hire new people to fill a variety of positions in its warehouse and distribution center. some common qualifications these employees possess include
Answers
Answer:
1. Strong organizational skills
2. Ability to lift and move heavy items
3. Experience working in a warehouse or distribution center
4. Knowledge of safety protocols
5. Knowledge of inventory management systems
6. Ability to work independently and as part of a team
7. Ability to use computer systems, such as Microsoft Office
8. Ability to follow instructions and work in a fast-paced environment
9. Good communication and interpersonal skills
10. Attention to detail
Explanation:
•Please help easy question!!•
What do people enjoy doing in the AV technology and film pathway?
Answers
how to get stimulus check 2021 if you didn t file taxes
Answers
Answer:
you may need to file a 2020 tax return even if you don’t traditionally file.
Explanation:
This FAQ can help you understand how the system works and what you can do to claim any stimulus that you may be eligible to receive.
Juliette formed a new business to sell sporting goods this year. The business opened its doors to customers on June 1. Determine the amount of start-up costs Juliette can immediately expense (not including amortization) this year. She incurred start-up costs of $44,000.
Juliette formed a new business to sell sporting goods this year. The business opened its doors to customers on June 1. Determine the amount of start-up costs Juliette can immediately expense (not including amortization) this year. She incurred start-up costs of $52,000.
Answers
Juliette formed a new business to sell sporting goods this year. The business opened its doors to customers on June 1. She incurred start-up costs of $44,000.
The amount of start-up costs Juliette can immediately expense (not including amortization) this year is $5,000.Start-up costs are the expenses incurred while creating a new business or starting a new project. Juliette can immediately expense (not including amortization) this year, an amount of $5,000 startup costs. When the amount of the start-up costs exceeds $50,000, the allowed amount of start-up costs is reduced by the amount of costs over $50,000.Juliette incurred start-up costs of $44,000 and the business opened its doors to customers on June 1.
Therefore, since the amount of start-up costs is below $50,000, Juliette can immediately expense (not including amortization) $5,000 this year.
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when purchase costs are (rising/declining) , lifo will report the lowest cost of goods sold yielding the highest gross profit and net income.
Answers
When purchase costs are declining, LIFO (last-in, first-out) will report the lowest cost of goods sold, yielding the highest gross profit and net income.
LIFO stands for last-in, first-out, and it is a method of accounting for inventory costing. The last goods obtained are the first to be sold under this approach. As a result, the value of inventory on the balance sheet is based on the oldest inventory items.
LIFO has a big effect on the cost of goods sold and, as a result, net income. When purchase costs are increasing, LIFO will report the highest cost of goods sold and the lowest gross profit, lowering net income. When purchase costs are decreasing, however, LIFO will report the lowest cost of goods sold and the highest gross profit, raising net income. Therefore, when purchase costs are declining, LIFO will report the lowest cost of goods sold, yielding the highest gross profit and net income.
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Event marketing differs from sport marketing because it
Group of answer choices
covers many types of events.
only covers private events.
does not require advertising.
does not promote merchandise.
Answers
The difference between event marketing and sport marketing is that event marketing covers many types of events.
How does event marketing differ from sport marketing?Event marketing is focused on many types of events such as corporate events, business events, and even sports events.
Sports marketing on the other hand, focuses on sports related events such as sports tornaments and awards shows.
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