Xi Co Provides You with the Following Information About Its $\begin{array}{ll}\text { Opening balance of equipment }&\$300,000\\\text {Closing balance of equipment }&\$550,000\end{array}$

question 2

Multiple Choice

Xi Co provides you with the following information about its equipment account: $\begin{array}{ll}\text { Opening balance of equipment }&\$300,000\\\text {Closing balance of equipment }&\$550,000\end{array}$
If machinery that originally cost $100 000 was sold during the year, what was the value of new equipment purchased?

• A)$250 000
• B)$350 000
• C)$550 000
• D)$150 000

Explain the concept of marginal product and the value of the marginal product of labor.

Analyze the decision-making process regarding the employment of factors of production to maximize profit.

Understand the differences between various social media metrics (basic, advanced, channel, behavioral).

Distinguish between monitoring and listening in the context of social media management.

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Definitions:

Hootsuite

A social media management platform that allows users to schedule posts, monitor conversations, and analyze performance across multiple social networks.

Sprout Social

A social media management tool used by businesses and organizations to schedule posts, analyze engagement, and communicate with their audience across multiple platforms.

SWOT Analysis

A strategic planning tool used to identify and understand the Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.

Strengths

Characteristics of a business or individual that provide a competitive advantage or contribute positively to achieving objectives.