To determine:
Whether technology diminishes personal relationships rather than bringing us closer together?
Introduction:
In today's modern era, individuals are highly active in social media platforms such as Facebook, Twitter, Instagram and many other social sites that enables individuals to connect with a wide range of people all over the world. In today's hyperconnected world people use these platforms to post and share stories of their life and personalities. It is highly utilized by teenagers and working age population to build their networking and is considered to be a stress relief activity to check on different accounts like; the fashion and clothing accounts, food and beverage accounts, Travels and adventurous accounts.
Want to see the full answer?
Check out a sample textbook solutionChapter 5 Solutions
ESSENTIALS OF BUSINESS...(LL)-TEXT
- Need help with this accounting questionsarrow_forwardCalculate the lower-of-cost-or-market using the individual-item approach.arrow_forwardMr. Benedict is starting Belmont Abbey Corporation (BAC). Benedict spends $4,000 on salaries to help startup BAC. Mr. Benedict also spends $5,000 for a CPA (file documents), $4,000 for a lawyer (file documents), and $3,000 for printing and selling stock shares. How much can Mr. Benedict deduct in the current year if the business starts on July 17? A. $5,133.33 B. $5,366.66 C. $9,133.33 D. $9,233.33arrow_forward
- Neptune manufacturing planned and produced solution general accounting questionarrow_forwardHi expert provide correct answer general accountingarrow_forwardCrane Home Improvement Company installs replacement siding, windows, and louvered glass doors for single-family homes and condominium complexes. The company is in the process of preparing its annual financial statements for the fiscal year ended May 31, 2017. Jim Alcide, controller for Crane, has gathered the following data concerning inventory. At May 31, 2017, the balance in Crane's Raw Materials Inventory account was $481,440, and Allowance to Reduce Inventory to NRV had a credit balance of $27,240. Alcide summarized the relevant inventory cost and market data at May 31, 2017, in the schedule below. Alcide assigned Patricia Devereaux, an intern from a local college, the task of calculating the amount that should appear on Crane's May 31, 2017, financial statements for inventory under the LCNRV rule as applied to each item in inventory. Devereaux expressed concern over departing from the historical cost principle. Cost Sales Price Net Realizable Value Aluminum siding $ 82,600 $…arrow_forward
- Hi expert please give me answer general accountingarrow_forwardCost Account Questionsarrow_forwardSean Co. has variable manufacturing costs per unit of $20, and fixed manufacturing cost per unit of $10. Variable selling and administrative costs per unit are $5, while fixed selling and administrative costs per unit are $2. Sean Co. uses the variable cost approach with a markup percentage of 100%. What is the appropriate target selling price? a. $44.00 b. $45.00 c. $50.00 d. $70.00 e. $84.00arrow_forward
- Management, Loose-Leaf VersionManagementISBN:9781305969308Author:Richard L. DaftPublisher:South-Western College Pub