When the Company Netflix First Began,it Wasn't as Successful as Expected.This

question 286

Multiple Choice

When the company Netflix first began,it wasn't as successful as expected.This may have been because

• A)the program wasn't subscription-based.
• B)too many customers failed to return the VHS cassettes.
• C)the price of postage increased dramatically and ate into profits.
• D)too many free movies were now available through on-demand cable TV and streaming via the Internet.
• E)the primary target market,consisting of young people aged 18 to 24 years old,had declining interest in movies,spending more time listening to music and playing video games.

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Income derived from fees charged for legal services provided.

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The general journal is a primary accounting record used to enter all transactions through debits and credits, serving as the initial point of data entry.

Accounts Receivable

Represents money owed to a company by its customers for goods or services that have been delivered but not yet paid for.

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Liabilities of a business that are due to be paid to creditors within a short period, usually one year.