Smiles Entertainment Had the Following Accounts and Balances at December

question 218

Multiple Choice

Smiles Entertainment had the following accounts and balances at December 31: $$\begin{array} { | l | r | r | } \hline { \text { Account } } & { \text { Debit } } & { \text { Credit } } \\\hline \text { Cash } & \$ 10,000 & \\\hline \text { Accounts Receivable } & 2,000 & \\& & \\\hline \text { Prepaid Insurance } & 2,400 & \\\hline \text { Supplies } & 1,000 & \\\hline \text { Accounts Payable } & & \$ 5,000 \\\hline \text { T. Happy. Capital } & & 4,900 \\\hline \text { Service Revenue } & & 7,000 \\\hline \text { Salaries Expense } & 500 & \\\hline \text { Utilities Expense } & 1,000 & \\\hline { \text { Totals } } & \underline { \underline { \$ 16,900 } } & \underline { \underline { \$ 16,900 } } \\\hline\end{array}$$ Using the information in the table, calculate the company's reported net income for the period.

• A) $8,500
• B) $4,000.
• C) $1,100.
• D) $5,500.
• E) $10,400.

Analyze the impact of the marketing orientation on business strategies.

Understand the characteristics and focus of different marketing eras including production-oriented, sales-oriented, market-oriented, and value-based marketing.

Recognize the importance and methods of customer relationship management (CRM) in building customer loyalty.

Identify how relational orientations with customers can enhance long-term profitability and customer satisfaction.

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Definitions:

Suspicious Injuries

Injuries that raise concerns of non-accidental origin, often prompting further investigation into possible abuse, violence, or self-harm.

Vital Signs

Measurements of the body's most basic functions, including body temperature, pulse rate, respiration rate, and blood pressure.

Home Health Services

Services provided by medical professionals in a patient's home to assist with recovery or to manage chronic health conditions.

Emergency Preparedness

The process of planning and preparing for unexpected and potentially dangerous situations to ensure safety and minimize harm.