Explain when audio might be the only option for message delivery.
What will be an ideal response?
When video is unavailable, unaffordable, or unnecessary, the online presenter(s) may rely solely on audio for message delivery.
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Austin Company has established a target rate of return of 15% for all divisions. For the most recent year, Waterloo Division generated sales of $12,000,000 and expenses of $9,000,000 . Total assets at the beginning of the year were $7,000,000 and total assets at the end of the year were $9,000,000. Refer to Austin Company. For the most recent year, what was Waterloo Division's return on
investment? a. 18.75% b. 33.33% c. 37.50% d. 42.86%
Which of the following is/are not true?
a. Net income or profit for a period is the difference between revenues from selling goods and services and the expenses incurred to generate those revenues, plus some gains or losses of the period. b. If the expenses plus losses exceed the revenues plus gains, the result is a net loss. c. U.S. GAAP and IFRS require the accrual basis of accounting, which detaches the recognition of revenue from the receipt of cash. d. A seller recognizes revenues when it has performed all, or nearly all, of its obligations to the customer and when it has received cash or an asset that is convertible to cash. e. The firm recognizes and reports expenses that have a causal link with revenues, such as cost of sales, in the next accounting period.
How does the new concept of marketing differ from the old concept of marketing?
A. The new concept requires less work from marketing executives. B. The new concept focuses on making money. C. The new concept focuses on the needs of the customer. D. The new concept is more cost efficient. E. The new concept focuses on having a? well-developed product.
What ratio indicates the percentage of each sales dollar that is available to cover fixed costs and to provide a profit?
A) Margin of safety ratio B) Contribution margin ratio C) Costs and expenses ratio D) Profit ratio