Answer:
A.
Explanation:
A trial balance check whether total debits are equal to total credits.
In case of mismatch, temporary adjustment accounts are created, ledgers are then corrected.
Is bookkeeping systematized worksheet containing the closing balance of all the accounts containing two sides. Left hand side, Debit, and right hand side, Credit.
Debit side, all the expenses, cash and assets balances.
Credit side, all the incomes, capital, reserves and the liabilities balances.
The total of this two sides should be equal. It is prepared periodically, usually while reporting financial statements.
It is prepared because it helps in detecting errors and gives a overall idea of all the ledgers accounts ensuring that every debit is having the corresponding and opposite effect.
It is the first step in the preparation of the financial statements.
Answer:
Reasons for the Decline in US Newspaper Circulation:
Digital Transition: The rise of digital media and the availability of news online have led to a shift in readership habits. Many people now prefer to get their news from websites, social media, and mobile apps, which offer real-time updates and a wider range of content.
Decline in Print Advertising: The decline in print advertising revenue has led to cost-cutting measures in the newspaper industry. Reduced resources for newsrooms have resulted in lower quality and less appealing content.
Economic Pressures: Economic challenges in the newspaper industry, including declining ad revenue and increased production costs, have forced many newspapers to reduce their circulation areas or close altogether.
Changing Demographics: Younger generations are less likely to subscribe to print newspapers, and older generations who were traditional newspaper readers are aging.
Alternative News Sources: The proliferation of alternative news sources, including cable news networks, independent online media, and social media influencers, has diversified the news landscape and reduced the dominance of traditional newspapers.
Comparison with Circulations in Other Nations:
Global Trend: The decline in newspaper circulation is not unique to the United States; it's a global trend. Many developed countries, including those in Europe and parts of Asia, have experienced similar declines in print newspaper readership.
Varying Degrees: The rate of decline and the extent of impact vary from country to country. Some nations have witnessed steeper declines, while others have managed to maintain relatively stable newspaper circulation figures.
Local Factors: The reasons for declining circulation in other nations often mirror those in the United States, including the shift to digital media, economic pressures, and changing demographics.
Survival Strategies: Newspapers in some countries have implemented various survival strategies, such as diversifying into digital media, introducing paywalls, and focusing on niche audiences to maintain circulation.
State of Journalism: The impact on journalism quality and diversity varies. Some nations have seen a reduction in local reporting and investigative journalism, while others have adapted to new media landscapes.
Government Support: In some countries, governments provide financial support or subsidies to newspapers to ensure their continued existence as important sources of information.
B) China
C) United States
D) Russia
Answer:
$43.75
Explanation:
Dividend discount model with zero growth assumes that the Company shall continue to pay the same amount of dividend in infinity. The formula for calculating price of such stock is
Price = Annual Dividend / Discount rate
Price = $3.5 / 8%
Price = $43.75 / per share
A. optional-product
B. captive-product
C. product line
D. by-product
E. product bundle
Answer:
E. product bundle
Explanation:
Product bundling is pricing strategy adopted by companies to sell complementary products of services instead of individuals e.g a toothpaste and an attached toothbrush. This drives the demand for both of these products hence increasing revenues. In this case, a haircut and a conditioning treatment are complementary services. Offering them as a package under one price is known as bundle pricing making choice E correct.
The absolute value of the price elasticity of demand is 0.5.
Price elasticity of demand is a measure of the change in demand for a commodity in response to a change in price. When the price of movie tickets rises from $15 to $25, the quantity of movie tickets sold decreases from 30 to 20.Using this information, we can calculate the absolute value of the price elasticity of demand as follows:
Absolute value of the price elasticity of demand=Percentage change in quantity demanded/Percentage change in price. To calculate the percentage change in quantity demanded, we use the following formula:
Percentage change in quantity demanded
=((new quantity demanded - old quantity demanded)/old quantity demanded) x 100
Percent change in quantity demanded=((20-30)/30) x 100Percent change in quantity demanded=-33.33%
To calculate the percentage change in price, we use the following formula: Percentage change in price
=((new price - old price)/old price) x 100
Percent change in price=((25-15)/15) x 100
Percent change in price=66.67%
Now we can substitute these values into the formula for the absolute value of the price elasticity of demand.
Absolute value of the price elasticity of demand=Percentage change in quantity demanded/Percentage change in price
Absolute value of the price elasticity of demand=|-33.33/66.67|. Absolute value of the price elasticity of demand=0.5.
To know more price elasticity of demand, refer here:
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steps you can take to help fight through a market correction so you can invest wisely for retirement.
STOP listening to financial media and market “experts.” They only magnify your fear.Learn the nature of the markets you invest in. Develop a clear understanding of how they work.Determine your appetite and need for market risk. How much volatility can you stomach? How much market risk do you need to achieve your goals?Set a portfolio allocation that fits your needs.Rebalance it religiously to manage your risk and potential return goals.Maintain enough cash reserves. This will help your long-term assets be focused on long-term objectives.Revisit steps 1 thru 7 religiously to adjust as your life unfold.