what other channel can sport organizations and governing bodies use to access consumers other than traditional media broadcasting (tv and radio)?

Answers

Answer 1

Other channels that can be used by sport organizations and governing bodies to access consumers other than traditional media broadcasting are:

broadcasting of games and highlights via popular video-sharing sites.social-networking sites.show game and user-generated highlights on their own website.

Therefore All of the above is the correct option.

What is  Media Broadcasting?

Broadcast media refers to a broad range of communication channels, including radio, television, newspapers, magazines, and any other products produced by the press or media.

Also, broadcasting is the one-to-many way of distributing audio or video content to a dispersed audience utilizing any electronic mass communication media, but typically one that utilizes the radio frequency spectrum.

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Complete Question Below:

What other channel can sport organizations and governing bodies use to access consumers other than traditional media broadcasting (TV and radio)?

A. broadcasting of games and highlights via popular video-sharing sites.

B. social-networking sites

C. show game and user-generated highlights on their own website


Related Questions

a firm that owns a controlling interest in another company separately reports ""income attributed to noncontrolling shareholders"" on its consolidated income statement.

Answers

A firm that owns a controlling interest in another company separately reports "income attributed to noncontrolling shareholders" on its consolidated income statement: within equity in the consolidated statement of financial position, take the subsidiary's book value and multiply by the non-controlling interest percentage.

A shareholder of a corporation is an individual or legal entity that is registered by the corporation as the legal owner of shares of the share capital of a public or private corporation. Shareholders may be referred to as members of a corporation.

A shareholder is a person or institution that has invested money in a corporation in exchange for a “share” of the ownership. That ownership is represented by common or preferred shares issued by the company and held (i.e., owned) by the shareholder.A shareholder is an owner of a company as determined by the number of shares they own. A shareholder can be a natural or legal person (commonly referred to as a corporate shareholder) that owns stock or multiple shares in a company.

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In marketing terms, the care you receive when you visit your family doctor is an example of
A. a good.
B. an idea.
C. a service.
D. an action.
E. a concept.

Answers

The care you receive from your family doctor falls under the category of services in marketing terms.

when you visit your family doctor, you are availing yourself of a service. the care and treatment provided by the doctor, including medical examinations, diagnosis, prescriptions, and advice, are all intangible aspects of the service . you may receive physical goods such as medications, but the primary value lies in the expertise, knowledge, and attention provided by the doctor.

services are characterized by their intangibility, inseparability (they are typically consumed at the same time they are produced), variability (as services depend on the provider and circumstances, they can vary in quality), and perishability (services cannot be stored or inventoried like physical goods).

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Assessment
How does a global economy impact you?
A. You can access goods, services, and investments from
different markets around the world.
B. The transactions you make in your own country are often
connected to different markets around the world.
C. You can only access goods, services, and investments
inside of your own country's markets.
D. Both A and B

Answers

The correct answer is D. Both A and B.

The impact of the global economy on you

A global economy can impact individuals in several ways, including:

A. Access to commodities, services, and investments from across the world: In a global economy, individuals can access products and services from all over the world.

B. Transactions in your own country are frequently linked to marketplaces around the world: In a global economy, transactions within one's own country might be influenced by conditions in other markets across the world.

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Why is integrity an important attribute to have in school and in life?Define attribute in your own words.Lastly,share if you have ever shown integrity and if not,how you can show integrity in online learning??

Answers

Explanation:

Sorry I really dont know I needed more points

Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home

Answers

Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.

Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.

Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.

Hence, the correct options are "A, B & C".

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how many questions are on the math section of the ACT test

Answers

Answer:

isnt it usually 60?

Explanation:

i think sure 60
step-by-step

a(n) _____ documents the procedures for managing risk throughout the project.

Answers

A risk management plan documents the procedures for managing risk throughout the project.

What is a risk management plan?

A risk management plan is a document that outlines the strategies, methods, and resources required to handle potential project risks. The primary goal of the risk management plan is to establish a set of guidelines for assessing, analyzing, monitoring, and addressing potential risks throughout the project's lifecycle.

The following are the contents of a risk management plan:

Risk Management ApproachRisk Management MethodologyRisk Roles and ResponsibilitiesRisk Probability and Impact MatrixRisk RegisterRisk ThresholdsRisk Mitigation and Response StrategiesRisk Monitoring and ControlRisk Reporting and CommunicationPlan Approval and Maintenance

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Case Study 1: Microsoft Rubinfeld, Daniel (2018). "Maintenance
of monopoly: US v. Microsoft", in Kwoka, J. and L. White (eds.),
Antitrust Revolution: Economics, Competition and Policy. ! 1.
1.)What

Answers

The Microsoft case was a significant step in antitrust policy in the United States and worldwide. It reminds us that a corporate culture emphasizing monopolistic practices could create a long-term anti-competitive environment for the industry. Microsoft has learned from its experiences and has evolved into a more customer-centric and innovative company in response to the ever-changing industry.

The Microsoft case was a great lesson to be learned from in the 1990s for any modern age corporation. The case provides numerous insights into management and organizational structures, emphasizing how monopolistic culture can have both positive and negative outcomes on a corporation. The U.S. Justice Department filed an antitrust lawsuit against Microsoft in 1998. The Justice Department accused the company of attempting to monopolize the Internet browser market, which Microsoft denied. The company claimed that they were not anti-competitive and only adding new features to Windows and Internet Explorer.

However, the trial focused on Microsoft's practice of tying its web browser, Internet Explorer, to its Windows operating system, effectively preventing users from using other browser choices. It was the major point of contention, as Microsoft's competitors accused the company of taking anti-competitive measures to maintain its monopoly power in the market. The trial continued for years, eventually ending in 2001 with a settlement between Microsoft and the U.S. government that included various restrictions and obligations. While Microsoft has sustained its dominant position in the software industry, the company's approach has changed significantly. They no longer need to worry about anti-competitive measures because they are no longer dominant in a market like the internet browser one.

Moreover, it's been seen in the last few years that the tech giant has been investing a considerable amount of money in open source projects. They also stopped tying other software applications to the operating system, leaving a user free to install third-party software applications as they wish.

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The Lakeside Company uses a weighted-average process costing system. The following data are available:


Beginning inventory -0-
Units started in production 23,400
Units finished during the period 17,600

Units in process at the end of the period
(complete as to materials, ¼ complete as to labor and overhead) 5,800

Cost of materials used $ 56,420
Labor and overhead costs $ 59,365

Total cost of the 17,600 units finished is:

Group of answer choices

$105,297

$102,352

$97,282

$115,817

Answers

The total cost of the 17,600 units finished is $115,817. Therefore, Option D is the appropriate option.

How to Solve the Problem?

To reckon the total cost of the 17,600 units done, we need to feel the costs of materials, labor, and overhead.

First, calculate the cost apiece for materials, labor, and overhead:

Cost apiece for fabrics = Cost of materials secondhand / Units done

Cost per unit for fabrics = $56,420 / 17,600

Cost apiece for materials ≈ $3.20

Next, calculate the cost apiece for labor and overhead:

Cost apiece for labor and overhead = Total labor and overhead costs / Units done

Cost per unit for labor and overhead = $59,365 / 17,600

Cost apiece for labor and overhead ≈ $3.37

Now, we can reckon the total cost of the 17,600 wholes finished:

Total cost of parts finished = (Cost for one for materials + Cost for one for labor and overhead) * Parts finished

Total cost of wholes finished = ($3.20 + $3.37) * 17,600

Total cost of wholes finished = $6.57 * 17,600

Total cost of parts done ≈ $115,632

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What should you, the worker, be aware of with regard to evacuation procedures at your workplace?
(select two answers)
(a) when you get back into the building
(b) evacuation plans
(c) what to do when the emergency has passed
(d) how long the emergencies will last

Answers

With regard to evacuation what one has to be aware of would be

evacuation planshow long the emergencies will last

What is meant by evacuation?

This is the term that is used to refer to all that would have to be done in order to get all the occupants of a building out of it due to an emergency that is occurring in the building. The need for evacuation is often due to emergency that could cause a loss of life. An example of such incidence would during a fire outbreak.

Hence we can say that With regard to evacuation what one has to be aware of would be

evacuation planshow long the emergencies will last

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One benefit of a savings account is that you can earn interest on your deposits
O True
O False

Answers

Answer:

O True

Explanation:

A savings account offers a safe and secure platform for firms and households to save money. Savings accounts are offered by financial institutions such as banks and credit unions. When customers open savings accounts, they save by depositing money in their savings accounts.

Banks and credit unions require customer deposits to create loans for other customers. They encourage customers to save by offering interest on savings or deposits. It is true that banks pay interest on customer savings.

Recording, classifying, summarizing, and interpreting financial events in an organization is referred to as ______.Multiple choice question

Answers

Recording, classifying, summarizing, and interpreting financial events in an organization is referred to as:

a) Financial planningb) Financial management

c) Financial analysisd) Financial accounting

d) Financial accounting.

involves the systematic process of recording financial transactions, classifying them into appropriate categories, summarizing them in financial statements, and interpreting the results to provide meaningful information about the organization's financial performance and position. It follows generally accepted accounting principles (GAAP) and is essential for external reporting to stakeholders such as investors, creditors, and regulatory authorities. Financial accounting helps in assessing the financial health of a company, making informed BUSINESS decisions, and ensuring compliance with legal and regulatory requirements.

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TRUE OR FALSE: when you have a credit card or loan, it is better to have higher interest rate

Answers

Answer: Lower interest rate are better. Higher interest rate is worse

Explanation:

A lower interest rate is better when borrowing money through credit cards or loans. You will be paying less. High interest rates are only good when you are the lender.

When a firm makes choices between a cost or value position to achieve competitive advantage, it is primarily involved in:

Answers

When a firm makes choices between a cost or value position to achieve competitive advantage, it is primarily involved in: strategic trade-offs.

What are strategic trade-offs?

This is a term that is used in the business word to refer to the sacrifices that a firm would make in order to be able to deliver on its goals.

Trade offs could be the service levels that the firm is not able to achieve.

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In B2C auctions, consumers control assets and use dynamic pricing to establish the price. T/F

Answers

False. In B2C (Business-to-Consumer) auctions, consumers do not typically control assets.

B2C auctions involve businesses (sellers) offering products or services to individual consumers (buyers) through an auction format. In these auctions, the sellers have control over the assets being auctioned. They set the starting price or reserve price for the item or service, and consumers (buyers) participate by placing bids. The dynamic pricing aspect refers to the fact that prices can change based on the bids submitted by consumers. Consumers (buyers) participate in B2C auctions by competing with each other to place higher bids and secure the desired item or service at the most favorable price for them. However, they do not control the assets themselves. The sellers retain ownership and control of the assets throughout the auction process.

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Followng is the general format of a four-column bank reconcifition with the various categories and presentation numbered (1) through (B): Indicate the proper location for the following reconciling items: Assume the books record NSF checks as disbursements. An 11/30 NSF check will appear as: select one: a. 6 and 8 b. 3 and 5 c. 3 and 8 d. 6 and 7 e. 5 and 8

Answers

The correct option for the given question is option (d) 6 and 7.

Let's see how:

Bank Reconciliation Statement:

A bank reconciliation statement is a statement that reconciles the bank balance shown in an organization's bank statement with the corresponding amount shown in the organization's accounting records. Bank reconciliation statement is generally prepared on a monthly basis. The statement reconciles the balance of cash in an organization's accounting system to the corresponding amount in its bank account and also reconciles the difference between the two statements.The general format of a four-column bank reconciliation statement with the various categories and presentation numbered (1) through (B) is as follows:
Items to be recorded in the bank reconciliation statement includes items such as bank errors, outstanding checks, and deposits in transit, etc. The correct option for the given question is option (d) 6 and 7. An 11/30 NSF check will appear as item number 6 and item number 7 in the four-column bank reconciliation statement. Hence, the correct option is option (d) 6 and 7.


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When a borrower assumes a loan, he or she does all of the following except which? a. Takes over the remaining payments on the loan b. Assumes responsibility for the loan c. Assumes ownership of the collateral for the loan d. Pays off the remaining balance of the loan

Answers

The correct answer is c. Assumes ownership of the collateral for the loan. When a borrower assumes a loan, they take over the remaining payments on the loan, assume responsibility for the loan, and may pay off the remaining balance of the loan, but they do not necessarily assume ownership of the collateral for the loan. Collateral is typically used to secure a loan, but ownership of the collateral remains with the borrower unless they default on the loan and the lender seizes the collateral as a form of repayment.


When a borrower assumes a loan, he or she does all of the following except:

d. Pays off the remaining balance of the loan.

When assuming a loan, the borrower takes over the remaining payments (a), assumes responsibility for the loan (b), and assumes ownership of the collateral for the loan (c). However, they do not pay off the entire remaining balance immediately; instead, they continue to make the scheduled payments until the loan is fully paid off.

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At times, employees may engage in a __________, that is, a strike without the union's consent, or a slowdown, wherein employees report to work but intentionally decrease their productivity.

Answers

Answer:

The answer is wildcat strike

Explanation:

At times, employees may engage in a Wildcat strike that is, a strike without the union's consent, or a slowdown, wherein employees report to work but intentionally decrease their productivity.

QUESTION 5 of 10: The first step in the marketing process is to:

Answers

Answer:

Understand the market place, which includes customer needs and wants.

the total tea is an american restaurant chain that specializes in herbal and bubble teas with locations in 20 countries. when the company enters a new foreign market, it usually selects a combination of franchising and master subsidiaries. these master subsidiaries are joint ventures with local partners. specifically, these joint ventures are politically more acceptable and they multiple choice ensure a steady stream of royalty payments. tend to provide a higher control over technology. avoid high transport costs. help realize location and experience curve economies. bring a degree of local knowledge to the subsidiary.

Answers

When the company enters a new foreign market, it usually selects a combination of franchising are politically more acceptable and they help realize location and experience curve economies.

What is foreign market?

A foreign market is a market outside of a company's domestic market, where the company can sell its products, services, and invest in assets. Companies that enter foreign markets have to consider the cultural, economic, and legal differences between their domestic market and the foreign market. Foreign markets can be attractive to businesses as they open up the potential for new markets, larger audiences, and increased profits. Companies must take the time to research the foreign market and its potential customers to ensure an appropriate marketing strategy and product offerings. Companies can use a variety of methods to enter foreign markets, including franchising, licensing, exporting, joint ventures, and direct investments.

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Based on the spreadsheet below, which of the following is a true statement? a. The net cash flow is negative. b. The net cash flow is zero. c. The net cash flow is positive. d. The net cash flow can’t be determined.

Based on the spreadsheet below, which of the following is a true statement? a. The net cash flow is negative.

Answers

Answer:

c. The net cash flow is positive.

Explanation:

A net positive balance occurs when the total cash inflow exceeds total cash outflows.  Inflow is cash coming in, while outflow is cash leaving the business. In a business, sales represent cash inflows, while expenditure represents cash outflows.

In this case, the sales total to $1,600 while expenses are $1,490. The net cash flow is the difference between the inflows and the outflows. Here, the difference is a positive $110.

Answer:

c

Explanation:

Money you pay up front to reduce the amount you will owe is called a
A. fixed loan
B. late payment
C. down payment
D. short-term loan

Answers

Answer:

down payment

Explanation:

A down payment is money paid upfront in a financial transaction, such as the purchase of a home or car. Buyers often take out loans to finance the remainder of the purchase price.

Answer:

down payment

Explanation:

______ is the ability to change and be flexible as problems arise and priorities shift.

Answers

Answer:

Adaptability is the answer

WHICH OF THESE INDIVIDUALS IS AN ENTREPRENEUR?????????

A. A farmer who sells his crops in many different countries

B. A banker who is in charge of hundreds of accounts

C. An engineer who gets a mortgage to buy a new house

D. A chef who decides to open her own restaurant



WILL GIVE BRAINLIST

Answers

Answer:

The answer is C. Because it brings more profitability to his business

Answer to question is C.

(Scenario: The Market for Travel Mugs) Use Scenario: The Market for Travel Mugs. If a $1 per unit tax is imposed, the deadweight loss associated with the tax will be equal: Scenario: The Market for Travel Mugs The market for travel mugs is given by the following demand and supply equations: Demand: P = 50 – 0.5Q Supply: P=0.33Q where P is the price per mug, and Q is the quantity of mugs. The government is considering imposing a $1 per unit tax on the purchase of travel mugs.
$0.60. $1.00. $0.50. $0.40.

Answers

The new equilibrium price, and the quantity demanded at the new equilibrium price: $0.60

To calculate the deadweight loss associated with the tax, we first need to find the equilibrium price and quantity without the tax. To do this, we set the demand equal to the supply and solve for Q:

50 – 0.5Q = 0.33Q

0.83Q = 50

Q = 60.24

Plugging Q back into either the demand or supply equation gives us the equilibrium price:

P = 50 – 0.5(60.24) = 19.88

Now, with the $1 per unit tax, the new supply curve will be:

P = 0.33Q + 1

We can again find the equilibrium price and quantity by setting the new supply equal to the demand:

50 – 0.5Q = 0.33Q + 1

0.83Q = 49

Q = 59.04

Plugging Q back into either the demand or new supply equation gives us the new equilibrium price:

P = 50 – 0.5(59.04) = 19.48

The difference between the original equilibrium price and the new equilibrium price is the amount of the tax:

$1 = 19.88 - 19.48

To find the deadweight loss, we need to calculate the change in consumer and producer surplus due to the tax. The change in consumer surplus is equal to the area of the triangle formed by the original equilibrium price, the new equilibrium price, and the quantity demanded at the new equilibrium price:

(1/2)(19.88 - 19.48)(60.24 - 59.04) = $0.60

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The best way for a franchisee and franchisor to evaluate each other is Question 10 options: for the potential franchisee to go to a sales presentation. for the potential franchisee to spend time working in a franchise location. to participate in an online videoconference. for the franchisee and franchisor to review the legal documents together.

Answers

Answer:

Explanation:

The best way for a franchisee and franchisor to evaluate each other would be for the potential franchisee to spend time working in a franchise location. This hands-on experience provides the potential franchisee with an opportunity to observe the day-to-day operations, interact with existing franchisees and employees, and gain a deeper understanding of the business model and its challenges.

By spending time working in a franchise location, the potential franchisee can assess whether the franchise aligns with their skills, interests, and expectations. They can observe the level of support provided by the franchisor, the quality of the products or services offered, and the overall atmosphere of the business. This firsthand experience allows the potential franchisee to evaluate the franchise's operations, customer base, and potential profitability.

Similarly, the franchisor can also evaluate the potential franchisee during this time. They can assess the individual's dedication, work ethic, ability to follow established procedures, and compatibility with the franchise's culture and values. This period of interaction and observation enables both parties to gather valuable insights and make informed decisions about entering into a franchise agreement.

While sales presentations, online video conferences, and reviewing legal documents are essential steps in the franchise evaluation process, they may not provide the same level of depth and understanding as spending time working in a franchise location.

A country has a trade deficit of $20 billion with its trading partners (
year. Which change would cause the country to have a trade surplus the
following year, assuming everything else remains the same?
A. The country increases its exports by $30 billion.
B. The country increases its imports by $30 billion.
C. The country decreases its exports by $10 billion.
D. The country decreases its imports by $10 billion.

Answers

D) The nation reduces its exports by $30 billion, the change would result in a trade deficit the following year for the country that had a trade surplus of $20 billion in one year.

When imports rise faster than exports, a trade deficit occurs. If the country increases its exports by $30 billion, decreases its imports by $10 billion, or increases its imports by $10 billion, it cannot have a trade deficit.

As a result, the country will only experience a trade deficit if its exports decrease by $30 billion while the rest of its exports remain unchanged.

With an example, what is a trade deficit?

A country has a trade deficit when its imports exceed its exports over a given time period. A negative balance of trade (BOT) is another name for this situation. There are several ways to determine the balance, including: goods (also called " merchandise”), goods and services, and services and goods.

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Full Question = A country has a trade surplus of $20 billion with its trading partners over a

year. Which change would cause the country to have a trade deficit the

following year, assuming everything else remains the same?

A. The country increases its exports by $30 billion.

B. The country decreases its imports by $10 billion.

O C. The country increases its imports by $10 billion.

O D. The country decreases its exports by $30 billion.

1) Wonderpillow is the trading name used by Alan. The business has long-term liabilities of £100 000, non-current assets of £289 770 and current assets of £124 400. The total of current liabilities less current assets is £3 340. What is the total for equity?

2) Ben is a sole trader selling candles from a chain of 18 retail shops. Shortly after Christmas, he is comparing his business’s performance in December with that of the leading candle retailers. Recently published statistics show that the leading retailers made 26.2% gross profit and 9.8% net profit in the month.

Ben’s opening inventory was £4 200 200 and closing inventory was £1 230 400. He purchased inventory valued at £17 206 300 during December and his revenue was £26 500 000.
On the basis of his actual cost of sales in December, what would Ben’s revenue have been, to the nearest £, if he had achieved the same gross profit margin as that of the leading candle’s retailers?

3) Which of the following statements about depreciation are correct?

A. Depreciation is a way of allocating the cost of a non-current asset to the accounting periods that benefit from its use.
B. Depreciation helps to set aside sufficient cash to buy a replacement once the asset is worn out.

4) Beata buys a new notebook on 1 July 2014 for £1872. She does not expect it to have any residual value in four years’ time, at which point she plans to replace it. She depreciates such assets on the straight-line basis, charging depreciation for each full month of ownership. What is the carrying amount (the cost of an asset less accumulated depreciation) of the till at Beata’s year end on 31 October 2015?

Answers

The total for equity of Wonderpillow is £10,230.2. Actual cost of sales is (opening inventory + purchase of inventory - closing inventory), which is (£4,200,200 + £17,206,300 - £1,230,400) = £20,176,100.

Gross profit percentage is 26.2%, which means Gross Profit = 26.2% × £20,176,100 = £5,292,902 Net profit percentage is 9.8%, which means Net Profit = 9.8% × £20,176,100 = £1,976,638. Deducting the cost of goods sold (which is £20,176,100 - £5,292,902 = £14,883,198) from the revenue gives the gross profit earned, which is £11,617,802. Now using the formula Gross Profit / Revenue = Gross Profit Percentage, we have £11,617,802 / Revenue = 26.2% Solving for revenue gives:Revenue = £44,393,321 (to the nearest £). Therefore, Ben’s revenue would have been £44,393,321 if he had achieved the same gross profit margin as that of the leading candle’s retailers.3. The correct statements about depreciation are:

A. Depreciation is a way of allocating the cost of a non-current asset to the accounting periods that benefit from its use.

B. Depreciation helps to set aside sufficient cash to buy a replacement once the asset is worn out.4. Straight-line depreciation is calculated as cost of asset / useful life in months. The useful life is 48 months since it will last four years (from 1 July 2014 to 30 June 2018). For the year ended 31 October 2015, the asset would have been owned for 16 months (July 2014 to October 2015) thus, the depreciation expense for the year is £1872 / 48 months × 16 months = £624. Finally, the carrying amount at the year-end is the cost of the asset less accumulated depreciation, which is £1,872 - £624 = £1,248. Answer: The carrying amount of the notebook at Beata’s year end on 31 October 2015 is £1,248.

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Show transcribed data

Martin Technical Institute (MTI), a school owned by Lindsey Martin, provides training to individuals who pay tuition directly to the school. MTI also offers training to groups in off-site locations. Its unadjusted trial balance as of December 31, 2022, is found on the trial balance tab. MTI initially records prepaid expenses and unearned revenues in balance sheet accounts. Descriptions of items a through h that require adjusting entries on December 31 follow. A. An analysis of MTI's insurance policies shows that $2,400 of coverage has expired. B. An inventory count shows that teaching supplies costing $3,240 are available at year-end. C. Annual depreciation on the equipment is $5,400. D. Annual depreciation on the professional library is $10,200. E. On November 1, MTI agreed to do a special six-month course (starting immediately) for a client. The contract calls for a monthly fee of $2,600, and the client paid the first five months' fees in advance. When the cash was received, the Unearned Training Fees account was credited. F. On October 15, MTI agreed to teach a four-month class (beginning immediately) for an executive with payment due at the end of the class. At December 31, $3,800 of the tuition has been earned by MTI. G. MTI's two employees are paid weekly. As of the end of the year, two days' salaries have accrued at the rate of $220 per day for each employee. H. The balance in the Prepaid Rent account represents rent for December. Answer is not complete. Requirement General Journal General Ledger Trial Balance Income St of Retained Statement Earnings Balance Sheet Impact on income Use the drop-downs to select the accounts properly included on the income statement. The unadjusted or adjusted balances will appear for each account, based on your selection. Adjusted Martin Technical Institute Income Statement For Year Ended December 31, 2022 Revenues ← Tuition fees earned Training fees earned Total revenues Expenses Depreciation expense - Professional library Depreciation expense - Equipment Salaries expense Rent expense Teaching supplies expense Advertising expense Utilities expense Total expenses Net income Hooo ✓ ✓ 133365666| ✓ ✓ EEEEEEE 29 ✓ 1 1 1 1 1 1 1 130,800 50,700 0 10,200 5,400 51,680 45,600 5,310 6,000 6,950 0 < Trial Balance 0 0 $ 181,500 $ 131,140 50,360 St of Retained Earnings >

Answers

The adjusted net income for Martin Technical Institute (MTI) for the year ended December 31, 2022, is $50,700.

To determine the adjusted net income, we need to analyze the adjustments provided for each item.

A. Insurance coverage of $2,400 has expired. This represents an expense for MTI, reducing the net income.

B. Teaching supplies costing $3,240 are available at year-end. This represents an expense for MTI and reduces the net income.

C. Annual depreciation on equipment is $5,400. Depreciation expense is a non-cash expense that reduces the net income.

D. Annual depreciation on the professional library is $10,200. Similar to item C, this depreciation expense reduces the net income.

E. The unearned training fees of $2,600 per month were received for a six-month special course. As each month passes, the unearned fees decrease and the earned fees increase. For December, one month has been earned, resulting in a $2,600 decrease in unearned revenue and an increase in earned revenue.

F. For the four-month class taught for an executive, $3,800 of tuition has been earned. This amount increases the earned revenue.

G. Two days' salaries have accrued for each employee at a rate of $220 per day. This expense increases the salaries expense and reduces the net income.

H. The prepaid rent account represents rent for December. Since the month has passed, this amount needs to be recognized as an expense, reducing the net income.

After considering these adjustments, the adjusted net income for MTI is $50,700.

It's important to note that the information provided doesn't include the specific amounts for each adjustment. However, the adjustments are explained conceptually to show how they impact the net income of MTI.

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As a student, you are able to earn extra money by assisting your neighbors with odd jobs. If you charged $10.25 an hour for your assistance, about how many hours would you need to work to earn $8,425? Show your work.

Answers

Answer:

822 hours

Explanation:

The charge per hour is $10.25.

To earn a total of $8,425,  one need to work ? hours.

1 hr =$10.25

? hrs = $8,425

?hrs = $8,425 / $10.25

=821.951

=822 hours

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