Consider the following events for Sophia Incorporated: April 5 Sophia purchases volleyballs for $200 on account. April 6 Sophia advertises a sand volleyball camp for $20 a person. April 12 Thirty people sign up for the camp paying a total of $600. April 21 Sophia hosts the sand volleyball camp. April 23 Sophia pays for the volleyballs purchased on April 5.Under cash-basis accounting, what is the appropriate day to record the expenses related to the sand volleyball camp?

Money from an allowance or job is known as .

Sales at a fast-food restaurant average $6,000 per day. the restaurant decided to introduce an advertising campaign to increase daily sales. to determine the effectiveness of the advertising campaign, a sample of 49 days of sales were taken. they found that the average daily sales were $6,300 per day. from past history, the restaurant knew that its population standard deviation is about $1,000. if the level of significance is 0.01, have sales increased as a result of the advertising campaign? multiple choicea)fail to reject the null hypothesis.b)reject the null hypothesis and conclude the mean is higher than $6,000 per day.c)reject the null hypothesis and conclude the mean is lower than $6,000 per day.d)reject the null hypothesis and conclude that the mean is equal to $6,000 per day.expert answer

Royal motor corp. generates a major portion of its revenues by manufacturing luxury sports cars. however, the company also derives an insignificant percent of its annual revenues by selling its sports merchandise that includes apparel, shoes, and other accessories under the same brand name. which of the following terms best describes royal motor corp.? a. aconglomerate b. a subsidiary c. adominant-businessfirm d. a single-business firm