Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

create an income statement Technology Development $ Virtual Platform Development 50,000.00 Software integration and customization 25,000.00 Server hosting and maintenance 15,000.00 Virtual Counter Sales 25,000.00

create an income statement Technology Development $ Virtual Platform Development 50,000.00 Software integration and customization 25,000.00 Server hosting and maintenance 15,000.00 Virtual Counter Sales 25,000.00 Discounts and allowances 700.00 Registration Fees (customers)- (1,000 members X CAD $20/month X 12 months) 240,000.00 Sponsorship Revenue 50,000.00 405,700.00 Marketing $ Digital marketing campaigns (social media, PPC): 30,000.00 Influencer partnerships 15,000.00 Website development and SEO 15,000.00 Online platform license and fees 35,000.00 Technical assistance 10,000.00 105,000.00 Operational Expenses $ Salaries and wages to staff

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Operating Expenses Salaries and wages to staff Income Statement Revenue Technology D... blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Global Strategy

Authors: Mike W. Peng

5th Edition

0357512367, 978-0357512364

More Books

Students also viewed these Accounting questions

Question

If n Z+ and n >2 prove that 0 (mod n), odd (mod n), n even.

Answered: 1 week ago

Question

Discuss the scope of Human Resource Management

Answered: 1 week ago

Question

Discuss the different types of leadership

Answered: 1 week ago

Question

Write a note on Organisation manuals

Answered: 1 week ago

Question

Define Scientific Management

Answered: 1 week ago

Question

Explain budgetary Control

Answered: 1 week ago