Questions
Select ONE brand of your choice and answer the following: Question 1: List THREE social media...

Select ONE brand of your choice and answer the following:

Question 1: List THREE social media tools that the brand utilises to communicate with customers.             Briefly outline what platform they use and what content is provided to consumers? Why was    this choice suitable for the brand and its customer?

Question 2: Identify THREE public relations tools that the brand utilises to improve consumer’s awareness and attitudes toward the brand. Document under each tool what activity or content is provided, using an example from the brand for each.

Question 3: Examining the brand’s social media objectives, discuss the FIVE objectives and provide          an example for each. Discuss how the brand has addressed these objectives through their     online activities. Be specific, identifying where possible, what platforms have been used and why.   

In: Operations Management

Select ONE brand of your choice and answer the following: QUESTION 1: List THREE social media...

Select ONE brand of your choice and answer the following:

QUESTION 1: List THREE social media tools that the brand utilises to communicate with customers. Briefly outline what platform they use and what content is provided to consumers? Why was this choice suitable for the brand and its customer? QUESTION 2: Identify THREE public relations tools that the brand utilises to improve consumer’s awareness and attitudes toward the brand. Document under each tool what activity or content is provided, using an example from the brand for each. QUESTION 3: Examining the brand’s social media objectives, discuss the FIVE objectives and provide an example for each. Discuss how the brand has addressed these objectives through their online activities. Be specific, identifying where possible, what platforms have been used and why.

In: Operations Management

Engleside Seafood Company ships fresh seafood to customers in a nearby city. The logistics manager has...

Engleside Seafood Company ships fresh seafood to customers in a nearby city. The logistics manager has identified three shipping alternatives. The first is to call a common carrier, the second is to lease its own fleet of refrigerated trucks and the third option is a contractual arrangement with a local carrier. The outcome of the decision will be affected by the demand level as indicated in the payoff table below.

Demand

Alternatives

Low

High

Common Carrier

200

4000

Lease Own Fleet

2000

2600

Contract with Local Carrier

700

3000

Engleside has no estimates of the probabilities for demand at this time but wants to do a sensitivity analysis to explore how changes in probability would affect the decision.

a. Plot the EMV lines for the three alternatives on a graph (one graph), with the probability of High demand on the horizontal axis.

b. Interpret your graph.

In: Economics

Calculate the minimum special price per unit that would be charged by each of the three...

  1. Calculate the minimum special price per unit that would be charged by each of the three divisions for a special order of 100 units of their products.

  2. Calculate the minimum special price per unit that would be charged by each of the three divisions for a special order of 1,000 units of their products.

  3. What would be the maximum price per unit that David Inc would pay to outsource (buy) 3,000 units of Division 1 products from an outside supplier? Assume fixed costs remain unchanged and that the products would be sold to its current customers.

Selling price per unit

$100

$200

$250

Variable cost per unit

$60

$90

$125

Fixed costs for the month for the division ($)

$84,000

$368,000

$450,000

Total demand per month for the divisions (units)

3,000

3200

3600

In: Economics

Use the following to answer the next six questions MADONNA, INC. Unadjusted Trial Balance December 31,...

Use the following to answer the next six questions
MADONNA, INC.
Unadjusted Trial Balance
December 31, 2012
DR CR
Cash $ 51,000   
Equipment 38,000   
Retained Earnings $ 4,000
Accounts Payable 6,000
Unearned Fee Revenue 8,000
Accumulated Depreciation-Equipment 1,800
Accounts Receivable 1,500   
Supplies 950   
Salaries Expense 6,700   
Common StockInsurance Expense 500 61,050
Fee RevenueRent Expense 4,200 30,000
Notes Receivable 8,000   
$ 110,850 $ 110,850
1. On July 1, 2012, Madonna paid the landlord $4,200 for 10 months rent in advance. The adjusting entry at December 31, 2012 would include:
A. debit to Prepaid Rent for $2,520
B. credit to Rent Expense for $1,680
C. credit to Rent Expense for $2,520
D. debit to Rent Expense for $2,520
E. none of the above
2. On October 1, 2012, Madonna received $8,000 in advance for fees to be earned evenly over five months beginning on that date. The required adjusting journal entry at December 31, 2012 would include a:
A. debit to Fee Revenue for $3,200
B. credit to Unearned Fee Revenue for $4,800
C. credit to Fee Revenue for $3,200
D. credit to Fee Revenue for $4,800
E. none of the above
3. The Notes Receivable represent a loan given to a supplier for $8,000 on December 1, 2012. The loan carries a 12 percent interest rate and has a term of 180 days. The adjusting entry on December 31, 2012 will include:
A. A debit to Interest Expense for $80
B. A debit to Interest Receivable for $80
C. A credit to Interest Payable for $480
D. A debit to Notes Receivable for $480
E. none of the above
4. At December 31, 2012 there was $320 of supplies on hand. The adjusting entry would include a:
A. credit to Supplies Expense of $630
B. debit to Supplies of $320
C. debit to Supplies Expense of $630
D. debit to Supplies Expense of $320
E. None of the above
5. The Equipment was purchased on July 1, 2011. It has a useful life of ten years and an estimated salvage value of $2,000. The adjusting entry at December 31, 2012 would include a:
A. credit to Equipment for $3,600
B. debit to Depreciation Expense –Equipment for $3,800
C. credit to Accumulated Depreciation –Equipment for $3,600
D. debit to Depreciation Expense –Equipment for 5,400
E. none of the above
6. Refer to the previous question. The book value of the Equipment on the December 31, 2012 balance sheet (after adjusting depreciation expense for 2012) is:
A. $ 36,000
B. $ 32,600
C. $ 32,400
D. $ 30,600
E. none of the above

7. The accountant for the Mobe Company made an adjusting entry to record depreciation for the current year twice by mistake. The effect of this error would be:
A. An overstatement of assets offset by an understatement of owner’s equity.
B. An understatement of assets, net income, and owner’s equity.
C. An overstatement of assets and of net income, and an understatement of owner’s equity.
D. An overstatement of net income and an understatement of assets.
E. None of the above.
8. The Sweeney Theater offered books of theater tickets to its patrons at $30 per book. Each book contained a certain number of tickets to future performances. During the current period 1,000 books were sold for $30,000, and this amount was credited to a temporary account. At the end of the period it was determined that $17,000 worth of book tickets had been used by customers attending performances. The appropriate adjusting entry at the end of the period would be:
A. Debit Ticket Revenue $17,000 and credit Unearned Ticket Revenue $17,000.
B. Debit Unearned Ticket Revenue $13,000 and credit Ticket Revenue $13,000.
C. Debit Unearned Ticket Revenue $17,000 and credit Ticket Revenue $17,000.
D. Debit Ticket Revenue $13,000 and credit Unearned Ticket Revenue $13,000.
E. None of the above.

In: Accounting

Citation Builders, Inc., builds office buildings and single-family homes. The office buildings are constructed under contract...

Citation Builders, Inc., builds office buildings and single-family homes. The office buildings are constructed under contract with reputable buyers. The homes are constructed in developments ranging from 10–20 homes and are typically sold during construction or soon after. To secure the home upon completion, buyers must pay a deposit of 10% of the price of the home with the remaining balance due upon completion of the house and transfer of title. Failure to pay the full amount results in forfeiture of the down payment. Occasionally, homes remain unsold for as long as three months after construction. In these situations, sales price reductions are used to promote the sale.

During 2018, Citation began construction of an office building for Altamont Corporation. The total contract price is $27 million. Costs incurred, estimated costs to complete at year-end, billings, and cash collections for the life of the contract are as follows:

2018 2019 2020
Costs incurred during the year $ 5,400,000 $ 12,825,000 $ 6,075,000
Estimated costs to complete as of year-end 16,200,000 6,075,000
Billings during the year 2,700,000 13,500,000 10,800,000
Cash collections during the year 2,430,000 12,170,000 12,400,000


Also during 2018, Citation began a development consisting of 12 identical homes. Citation estimated that each home will sell for $940,000, but individual sales prices are negotiated with buyers. Deposits were received for eight of the homes, three of which were completed during 2018 and paid for in full for $940,000 each by the buyers. The completed homes cost $705,000 each to construct. The construction costs incurred during 2018 for the nine uncompleted homes totaled $4,230,000.

Required:

1. Which method is most equivalent to recognizing revenue at the point of delivery?
2. Answer the following questions assuming that Citation uses the completed contract method for its office building contracts:
2-a. How much revenue related to this contract will Citation report in its 2018 and 2019 income statements?
2-b. What is the amount of gross profit or loss to be recognized for the Altamont contract during 2018 and 2019?
2-c. What will Citation report in its December 31, 2018, balance sheet related to this contract? (Ignore cash.)
3. Answer the following questions assuming that Citation uses the percentage-of-completion method for its office building contracts.
3-a. How much revenue related to this contract will Citation report in its 2018 and 2019 income statements?
3-b. What is the amount of gross profit or loss to be recognized for the Altamont contract during 2018 and 2019?
3-c. What will Citation report in its December 31, 2018, balance sheet related to this contract? (Ignore cash.)
4. Assume the same information for 2018 and 2019, but that as of year-end 2019 the estimated cost to complete the office building is $12,150,000. Citation uses the percentage-of-completion method for its office building contracts.
4-a. How much revenue related to this contract will Citation report in the 2019 income statement?
4-b. What is the amount of gross profit or loss to be recognized for the Altamont contract during 2019?
4-c. What will Citation report in its 2019 balance sheet related to this contract? (Ignore cash.)
5. Which method of accounting should Citation Builders, Inc adopt for its single-family houses?
6. What will Citation report in its 2018 income statement and 2018 balance sheet related to the single-family home business (ignore cash in the balance sheet)?

?i already posted this question before but got wrong soljution can you please make sure this time that answer is correct

In: Accounting

You have to include the appropriate output in your report. Your analysis output should be properly...

You have to include the appropriate output in your report. Your analysis output should be properly shaped such as changing the decimal points, copy, and pasted on to your report paper. when you label your output, specify what program did you use to bring the regression output. Ex: Excel Regression Analysis. Submit in one file using docs or PDF format. (1-2 page including regression output)

  • Recognizing appropriate tools & performing all analysis that needs to be done
  • Able to organize and perform necessary analysis in proper sequence
  • Accurate analysis output, interpretation, drawing the correct answers and reporting in a professional manner
Price Number of Subscribers (Thousands) Cost of License Fees (Thousands) Divisional Sales, General and Administrative Costs (Thousands)
$5.00              29.974 $         134.883 $              14.50
$5.50              29.256 $         131.651 $              14.50
$6.00              17.822 $           80.199 $              14.50
$6.50              22.657 $         101.956 $              14.50
$7.00              19.897 $           89.537 $              14.50
$7.50              16.671 $           75.017 $              14.50
$8.00              20.492 $           92.213 $              14.50
$8.50              20.000 $           89.998 $              14.50
$9.00              19.760 $           88.920 $              14.50
$9.50              17.123 $           77.053 $              14.50
$10.00              12.644 $           56.896 $              14.50
$10.50              12.785 $           57.531 $              14.50
$11.00              12.216 $           54.974 $              14.50
$11.50              13.246 $           59.608 $              14.50
$12.00                8.637 $           38.867 $              14.50
$12.50              10.595 $           47.678 $              14.50
$13.00                5.857 $           26.357 $              14.50
$13.50                2.615 $           11.768 $              14.50
$14.00                2.739 $           12.326 $              14.50
$14.50                5.291 $           23.809 $              14.50
$15.00                3.051 $           13.730 $              14.50


We recently added the EPIX Movie Channels as part of a new tier of programming for our digital video subscribers. The EPIX channels are sold as an add-on package for $9.75 per month, but we would like to potentially increase our revenue from our subscriber base. Currently we have about 15,059 subscribers, generating monthly revenue of $146,823.

Some have suggested we should cut price, as customers tend to be fairly price sensitive for add-on packages. However, in this case, if we lower price for our new subscribers, we really need to cut it to all of our existing subscribers as well. I have some concerns that lowering price will be counter-productive.

The marketing department calculated some subscription levels at various price points in this region, and I need you to perform the analysis. Specifically, I want you to estimate the price sensitivity of customers at the current price. Please address the following questions:

(1) If we lower the price, do you think this is likely to lead to higher revenue, and

(2) how much potential revenue can we generate and how low should go with our price.

Can you please describe what you mean by "reference" this was all the information provided by my professor.

In: Economics

Question 11 pts   Which of the following are in accordance with generally accepted accounting principles? cash...

Question 11 pts

  Which of the following are in accordance with generally accepted accounting principles?

cash basis accounting
accrual basis accounting
both cash and accrual basis accounting
neither the cash or accrual basis accounting

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Question 21 pts

The balance in the office supplies account on June 1 was $4,300, supplies purchased during June were $1,500, and the supplies on hand at June 30 were $2,000. The amount to be used for the appropriate adjusting entry is

2000
2300
3800
1500

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Question 31 pts

Melman Company purchased equipment for $5,000 on Novmber 1. It is estimated that annual depreciation on the computer will be $960. If financial statements are to be prepared on December 31, the company should make the following adjusting entry:

Debit Depreciation Expense, $960; Credit Accumulated Depreciation, $960.
Debit Depreciation Expense, $80; Credit Accumulated Depreciation, $80.
Debit Depreciation Expense, $160; Credit Accumulated Depreciation, $160.
Debit Accumulated Depreciation, $960; credit Depreciation Expense $960.

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Question 41 pts

Adjusting entries do not include what account?

accounts receivable
supplies
service revenue
cash

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Question 51 pts

Action Real Estate received a check for $12,000 on July 1 which represents a 6 month advance payment of rent on a building it rents to a client. Unearned Rent was credited for the full $12,000. Financial statements will be prepared on July 31. Action Real Estate should make the following adjusting entry on July 31:

Debit Rental Revenue, $2,000; Credit Unearned Rent, $2,000.
Debit Unearned Rent, $12,000; Credit Rental Revenue, $12,000.
Debit Cash, $12,000; Credit Rental Revenue, $12,000.
Debit Unearned Rent, $2,000; Credit Rental Revenue, $2,000.

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Question 61 pts

The balance in the Prepaid Rent account before adjustment at the end of the year is $8,000, which represents two months’ rent paid on December1. The adjusting entry required on December 31 is to

debit Rent Expense, $8,000; credit Prepaid Rent $8,000.
debit Prepaid Rent, $4,000; credit Rent Expense, $4,000.
debit Rent Expense, $4,000; credit Prepaid Rent, $4,000.
debit Prepaid Rent, $8,000; credit Rent Expense, $8,000.

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Question 71 pts

If a business has received cash in advance of services performed and credits a liability account, the adjusting entry needed after the services are performed will be

debit Unearned Revenue and credit Cash.
debit Unearned Revenue and credit Service Revenue.
debit Unearned Revenue and credit Prepaid Expense.
debit Unearned Revenue and credit Accounts Receivable.

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Question 81 pts

Adjusting entries are

not necessary if the accounting system is operating properly.
usually required before financial statements are prepared.
made whenever management desires to change an account balance.
made to balance sheet accounts only.

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Question 91 pts

Artie's City College sold season tickets for the 2012 football season for $80,000. A total of 8 games will be played during September, October and November. In September, three games were played. The adjusting journal entry at September 30

is not required. No adjusting entries will be made until the end of the season in November.
will include a debit to Ticket Revenue and a credit to Unearned Ticket Revenue for $10,000.
will include a debit to Unearned Ticket Revenue and a credit to Ticket Revenue for $30,000.
will include a debit to Cash and a credit to Ticket Revenue for $40,000.

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Question 101 pts

Cindy’s Chocolates paid employee wages on and through Friday, January 26, and the next payroll will be paid in February. There are three more working days in January (29–31). Employees work 5 days a week and the company pays $2500 per week in wages. What will be the adjusting entry to accrue wages expense at the end of January?

debit Wages Expense and credit Wages Payable for $500
debit Wages Payable and credit Wages Expense for $500
debit Wages Expense and credit Wages Payable for $1500
debit Wages Expense and credit Wages Payable for $2500

In: Accounting

Is all of this correct? Journal Entries Cash 4000    Common Stock 4000 Cash 5000   ...

Is all of this correct?

Journal Entries

Cash 4000
   Common Stock 4000
Cash 5000
   Notes Payable 5000
Rent Expense 900
   Cash 900
Supplies 450
   Accounts Payable 450
Equipment 7200
   Cash 7200
Equipment 2850
   Cash 1350
   Accounts Payable 1500
Prepaid Advertising 375
Advertising Expense 125
   Cash 500
Insurance Expense 225
   Cash 225
Cash 2625
   Service Revenue 2625
Cash 5125
   Unearned Service Revenue 5125
Accounts Recievable 1500
   Service Revenue 1500
Accounts Payable 600
   Cash 600
Cash 1300
   Accounts Recievable 1300
Dividends 1000
   Cash

1000

Adjusting Entries and Closing Entries

ADJUSTING ENTRIES
A1 Interest Expense 42
   Interest Payable 42
A2 Supplies Expense 250
   Supplies 250
A3 Depreciation Expense 167
   Accumulated Depreciation-Equipment 167
A3b Depreciation Expense 40
   Accumulated Depreciation-Equipment 40
A4 Unearned Revenue 1000
   Service Revenue 1000
A5 Accounts Recievable 330
   Service Revenue 330
A6 Salaries and Wages Expense 2060
   Salaries and Wages Payable 2060
A7 Utility Expense 150
   Utilities Payable 150
A8 Income Tax Expense 167
   Income Tax Payable 167
CLOSING ENTRIES
C1 Service Revenue 5455
   Income Summary 5455
C2 Income Summary 4126
   Salaries and Wages Expense 2060
   Depreciation Expense 207
   Insurance Expense 225
   Utilities Expense 150
   Income Tax Expense 167
   Interest Expense 42
   Supplies Expense 250
   Rent Expense 900
   Advertising Expense 125
C3 Income Summary 1354
   Retained Earnings 1354
C4 Retained Earnings 1000
   Dividends 1000

Worksheet

JACKSON TUTORING SERVICES, INC. WORKSHEET 1/31/2018
Unadjusted Adjusted
Trial Balance Adjusting Entries Trial Balance Income Statement Balance Sheet
Account Title Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit
Cash         6,275             6,275             6,275
Supplies            450            250            200                200
Accounts Rec.            200            330            530            530
Prepaid Advertising            375                375            375
Equipment      10,050      10,050      10,050
Accum. Depr.            207            207            207
Notes Payable         5,000         5,000         5,000
Interest Payable               42               42               42
Unearned Revenue         5,125         1,000         4,125         4,125
Accounts Payable         1,350         1,350         1,350
Utilities Payable            150            150            150
Inc. Taxes Payable            167            167            167
Sal. & Wages Pay.         2,060         2,060         2,060
Common Stock         4,000         4,000         4,000
Dividends         1,000                 1,000        
Retained Earnings                            329
Service Revenue             4,125             1,330             5,455             5,455    
Sal. & Wages Exp.         2,060         2,060         2,060
Depr. Exp.            207            207            207
Insurance Expense            225            225            225
Utilities Expense            150            150            150
Income Tax Exp.            167            167            167
Interest Exp.               42               42               42
Suppies Expense            250            250            250
Rent Expense            900            900            900
Advertising Exp.            125            125            125
     19,600      19,600         4,206         4,206      22,556      22,556         4,126         5,455      17,430      17,430
                                     1,329        

Post Closing Trial Balance

JACKSON TUTORING SERVICES, INC.
Post-Closing Trial Balance
31-Jan-18
Account Title Debit Credit
Cash $6,275
Equipment 10050
Supplies 200
Prepaid Advertising 375
Accounts Recievable 530
Accumulated Depreciation 207
Accounts Payable 1350
Notes Payable 5000
Interest Payable 42
Salaries and Wages Payable 2060
Income Tax Payable 167
Utilities Payable 150
Unearned Revenue 4125
Common Stock 4000
Retained Earnings $329
$17,430 $17,430
    Totals

These are the journal entries and the adjusting journal entries

Issued common stock in exchange for $4,000 cash.
Borrowed $5,000 by issuing a 2-year, 10% note payable to SunTrust Bank.
Paid $900 for January rent.
Purchased supplies on account for $450 from Traveler's Supply Company.
Purchased equipment for $7,200 cash from DSI Computer Company. The equipment has a 3 year life and a $1,200 salvage value.
Purchased additional equipment from Bebo's Office Supply Co., paying cash of $1,350 and putting $1,500 on account. The equipment has a 5 year life and $450 salvage value.
Paid $125 for advertisements to run in the current month and $375 for ads to run in February-April.
Paid the January insurance premium of $225.
Performed services for $2,625 cash.
Received cash advance of $5,125 for services to be performed on a 5- month contract beginning in January.
Performed services and billed customers $1,500.
Made a $600 payment on account to Traveler's Office Supply Company .
Collected $1,300 from customers on account.
Declared and paid dividends of $1,000 cash.
Journalize transactions 1-14 on page 1 of the general journal. Label the entries 1-14.
Post the journal entries to the ledger t-accounts using Excel formulas. Include the journal entry number as a posting reference.
Prepare a worksheet formatting the cells in Excel and using the following information:
1 Accrue interest expense on the note assuming that the date of the loan was January 2 (use 30/360 and round to the nearest dollar).
2 Supplies on hand at January 31 total $200.
3 Assume that all of the equipment was purchased at the beginning of January. Record January depreciation expense using the straight-line method (round to the nearest dollar).
4 The cash advance is earned ratably over the 5-month period.
5 The company has earned $330 of revenue that has not yet been billed to customers.
6 Jackson pays its employees on the first of every month. Salaries earned during the month of January total $2,060.
7 On January 29, Jackson received the current month's utility bill for $150. The bill is due on February 16.
8 Jackson estimates that the company will pay an income tax rate of 11%.

In: Accounting

Explain the difference between positive and normative economics. Then, go online and find three economic facts....

Explain the difference between positive and normative economics. Then, go online and find three economic facts. State each facts positively and then state each one of them normatively.

In: Economics