The most typical sequences of marketing touch points that result in conversions on your website or app are shown in the Assisted Conversions reports from Multi-Channel Funnels.
Marketing is the term used to describe the activities a business engages in to encourage the purchase or sale of a good or service. Delivering goods to customers or other businesses includes marketing activities like advertising and sales. Affiliates will occasionally carry out marketing for a business.
Employees in a company's marketing and promotion divisions aim to attract the attention of key target populations through advertising. Promotions are aimed at specific demographics and may include celebrity endorsements, memorable slogans or taglines, eye-catching packaging or graphic designs, and general media exposure.
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james co. incurred the following costs to open a new manufacturing facility for its new product line during 2018. determine the amount to be capitalized for land, land improvements, building, and equipment and what amount should be expensed.
Amount to be capitalized:
Land = $925,000
Land Improvements = $30,000
Building = $3,555,000
Equipment = $7,00,000
Amount to expense = $2,90,000
Asset Account
Land :
1/31/18 Land and dilapidated building 800,000
4/1/18 Legal fees for land building purchase
contract and to record ownership 15,000
9/1/18 Parking lot paving 80,000
9/1/18 Installation of fencing 30,000
TOTAL 925,000
Land Improvements :
4/1/18 Grading of land 30,000
TOTAL 30,000
Building :
5/1/18 Partial payment of new building
construction (start of construction) 2,500,000
10/1/18 Final payment on building construction
(at the time of building completion) 1,000,000
10/1/18 Interest incurred during the building
construction 55,000
TOTAL 3,555,000
Equipment :
6/1/18 Down payment on equipment for
new production line 70,000
7/1/18 Final payment on equipment on
new product line 525,000
7/1/18 Freight charges and sales tax
on equipment 15,000
11/1/18 Storage costs caused by early
delivery of equipment 10,000
12/21/18 Payment for the installation of equipment
(equipment installation complete and
equipment is ready for use) 80,000
TOTAL 7,00,000
Amount to expense:
2/28/18 Cost of demolition and removing building 40,000
6/15/18 Salary of company president during
construction 2,50,000
TOTAL 2,90,000
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Joan reported an $18,000 coronavirus-related distribution on her 2020 Form 8915-E and spread the income over three years. She made a $6,000 repayment in 2020, and a $10,000 repayment in 2021. If she made no repayment in 2022, what amount of income, if any, would she be required to recognize in 2022?
The remaining amount of $2,000 would be required to be recognized in 2022. Option A
What amount of Income, if any, would she be required to recognize in 2022?Income is money that is earned from employment, business, investments, or other sources. It is usually measured on a regular basis, such as weekly, monthly, or annually.
Income is used to pay for living expenses, such as housing, food, clothing, and other necessities. It can also be used to save or invest for the future. The amount of income that a person or household has can affect their standard of living and financial stability.
The amount of income that Joan would be required to recognize in 2022 is $2,000.
This is because Joan received a coronavirus-related distribution of $18,000, which she spread over three years, and made repayments of $6,000 in 2020 and $10,000 in 2021.
The remaining amount of $2,000 would be required to be recognized in 2022.
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CQ
Joan reported an $18,000 coronavirus-related distribution on her 2020 Form 8915-E and spread the income over three years. She made a $6,000 repayment in 2020, and a $10,000 repayment in 2021. If she made no repayment in 2022, what amount of income, if any, would she be required to recognize in 2022?
"a. $2,000, b. $4,000, c. $6,000 d. $10,000"A disadvantage of using purchased liquidity management to manage a FI's liquidity risk is
A. the resulting shrinkage of the FI's balance sheet.
B. the relatively high cost of purchased liabilities.
C. the accessibility of international money markets.
D. tax considerations.
E. loss of flexibility as a result of dependence upon purchased liabilities.
B
A disadvantage of using purchased liquidity management to manage a FI's liquidity risk is the relatively high cost of purchased liabilities.
In commercial enterprise, economics or investment, market liquidity is a market's feature wherein an character or firm can quick buy or sell an asset without causing a drastic trade inside the asset's fee. Liquidity includes the trade-off among the charge at which an asset may be sold, and the way quick it is able to be offered. In a liquid marketplace, the exchange-off is moderate: you possibly can sell speedy while not having to accept a considerably decrease rate. In a fairly illiquid market, an asset ought to be discounted if you want to promote quick.[1][2] money, or coins, is the maximum liquid asset because it can be exchanged for goods and offerings right away at face price.[1]
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Companies can provide __________ to Web visitors by letting them preorder a product not yet available to others.
a. equality
b. incentives
c. exclusivity
d. accountability
The response, "Exclusivity," is C.
What does preorder entail?Pre-orders are for products that have not yet been released or are not yet in stock. They are mailed to the buyer as soon as they become available. Customers can order products in advance of their availability.
Pre-ordering is a fairly simple process that is required when selling items that your business does not already own. While substantially more restricted, it is similar to dropshipping.
Business-wise, the first step in pre-ordering is to get into a contract with your suppliers that guarantees you will receive a certain quantity of items on the day of release. You'll then need to make a web page for the products in order to sell them. You can then use eCommerce marketing to inform them of the stock shortage and entice them to the website. As soon as the items arrive, your order fulfillment team will package them and dispatch them to the consumer.
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A 20-year maturity bond with par value $1,000 makes semiannual coupon payments at a coupon rate of 9%.
a.
Find the bond equivalent and effective annual yield to maturity of the bond if the bond price is $940.(Round your intermediate calculations to 4 decimal places. Round your answers to 2 decimal places.)
Bond equivalent yield to maturity %
Effective annual yield to maturity %
b.
Find the bond equivalent and effective annual yield to maturity of the bond if the bond price is $1,000.(Do not round intermediate calculations.Round your answers to 2 decimal places.)
Bond equivalent yield to maturity %
Effective annual yield to maturity %
c.
Find the bond equivalent and effective annual yield to maturity of the bond if the bond price is $1,060.(Round your intermediate calculations to 4 decimal places. Round your answers to 2 decimal places.)
Bond equivalent yield to maturity %
Effective annual yield to maturity %
PMT = 1000 * 9% / 2 = 45
a. Using financial calculator, Enter N = 40, FV = 1000, PV = -940, PMT = 45. Press the I/Yr key = 4.84%
Bond equivalent yield to maturity = 4.84% * 2 = 9.68%.
Effective annual yield to maturity = (1.0484)2 - 1 = 9.91%
b. Using financial calculator, Enter N = 40, FV = 1000, PV = -1000, PMT = 45. Press the I/Yr key = 4.50%
Bond equivalent yield to maturity = 4.50% * 2 = 9% same as annual coupon rate.
Effective annual yield to maturity = (1.045)2 - 1 = 9.20%
c. Using financial calculator, Enter N = 40, FV = 1000, PV = -1060, PMT = 45. Press the I/Yr key = 4.19%
Bond equivalent yield to maturity = 4.19% * 2 = 8.38%
Effective annual yield to maturity = (1.0419)2 - 1 = 8.55%
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In theory, all three valuation models, when correctly implemented with internally consistent assumptions, will produce the same estimates of value. However, in practice, which of the following errors can result in different value estimates?
a. Incomplete or inconsistent earnings and cash flow forecasts
b. All of these errors result in different value estimates.
c. Incorrect continuing value computations
d. Inconsistent estimates of weighted average costs of capital
These inaccuracies all lead to various value estimates. When correctly applied and using internally consistent assumptions, valuation models will yield the same value estimates.
What valuation model is used the most frequently?
Based on what other similar businesses are currently valued, the "comps" valuation process gives the company a measurable value. Comps is the most popular method because the multiples are simple to calculate and always up to date.
What is the fundamental value model?
The discounted cash flow concept, put simply, states that the value of ANY investment is equal to the total of its future cash flows. Algebraically, the future cash flow for a single year is expressed as Ci/(1+r) (where C represents the cash flow, I represents the year, and r represents the discount).
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suppose the government, in an effort to avoid an increase in the deficit, votes for a budget neutral tax cut policy. assume the marginal propensity to consume (mpc) is equal to 0.80.8 and taxes are cut by $12 billion$12 billion . round answers to the nearest billion, and specify decreases as a negative number.
The tax reduction will result in a $9.6 billion decrease in consumption. Taxes would be reduced by $12 billion. Government revenue would grow by $7.68 billion as just a result of increased consumption.
Utilizing either final as well as intermediate goods or services, institutional entities engage in consuming. It is the practice of using goods and services to meet desires and needs.
When homes, non-profit institutions representing households (NPISHs), as well as governmental organizations employ a service as well as product to directly meet the requirements or wants of particular constituents, whether those constituents are private people or the demands of the community at large, this is referred to as consumption
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yet, uncovered interest rate parity theory states that the difference in interest rates between two countries will equal the relative change in currency foreign exchange rates over the same period
According to the Uncovered Interest Rate Parity (UIP) theory, the variation in interest rates among two countries during a given time period would be equal to the relative change throughout currency exchange rates.
Along with capped interest rate parity, it provides a type of interest rate parity (IRP).
It offers a form of parity in interest rates in addition to capped interest rate parity (IRP).
Amounts that have been lent, deposited, and borrowed are expressed in terms of the interest due for each period. The total interest on a loaned or borrowed sum is determined by the total principle, interest, accumulating frequency, as well as length of the loan, deposit, or loan.
The interest rate payable for a whole year is known as the annual interest rate. A shorter time frame, like a day or a month, was applied to other rates, which are usually attributed on an annual basis. A leading indicator of interest rates is believed to be preferring for a certain dollar from present income over a dollar of future income.
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the top requirements for effective financial planning and policy making include which of the following
The top requirements for effective financial planning and policy making include a formally defined limited on debt financing should be established.
A financial planning is a written description of a person's current financial condition, long-term financial objectives, and plans for achieving those objectives. A financial plan can be made independently or with the assistance of a professional financial planner and begins with a detailed assessment of the person's present financial situation and future expectations.
A financial plan outlines a person's long-term financial objectives and develops a method for achieving them.
The plan needs to be thorough but also highly individualized to take the person's personal and family circumstances, risk tolerance, and expectations for the future into account.
The strategy is the culmination of the plan, which began with a calculation of the person's current net worth and cash flow.
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a broker advised his seller-client, who is selling his principle residence, to provide a completed seller disclosure notice as required by the texas property code. he should also advised the seller, that if a buyer does not receive the disclosure prior to signing a sales contract, the
That if a buyer does not receive the disclosure prior to signing a sales contract, the contract will be voidable by the buyer for any reason at any time prior to closing if the buyer does not receive the notice.
Investors are a key part of any business. They provide the capital that businesses need to get started and grow. Without investors, businesses would have a much harder time getting off the ground. There are different types of investors, each with their own goals and strategies.
A sales contract is a legal document between a buyer and a seller that outlines the terms of a sale. This contract is used to protect both parties involved in the sale, and to ensure that all terms and conditions are met. A sales contract should include the names and contact information of both the buyer and the seller.
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Indicate which costs would be capitalized as part of the cost of manufacturing equipment. (Select all that apply.)
freight-in
depreciation for the first month
set-up cost
training of equipment operator
insurance during transit
These costs would be capitalized as part of the manufacturing equipment cost: setup fees, insurance during transit and freight-in.
Insurance is a risk management tool. You buy protection from unanticipated financial losses when you buy insurance. The insurance provider will compensate you or a person of your choosing if something unfavorable occurs. If an accident occurs and you don't have insurance, you could be responsible for all related expenses.
A financial safety net called insurance helps you and your loved ones recover from a catastrophe like a fire, theft, legal action, or car accident. You will receive an insurance policy—a binding legal agreement between you and your insurance provider—when you purchase insurance.
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to accurately capture a family's ability to consume essential goods like food, shelter, and clothing, absolute poverty thresholds must be defined carefully with
To accurately capture a family's ability to consume essential goods like food, shelter, and clothing, absolute poverty thresholds must be defined carefully with cost of living.
what do you understand by the term poverty?
Being in a condition of poverty means having few tangible goods or little money. Numerous social, economic, and political factors can contribute to or be a result of poverty. There are two primary metrics used to assess poverty in statistics and economics: Relative poverty is the inability of a person to maintain a minimal standard of life in comparison to others in the same period and location. Absolute poverty is measured by comparing income to the amount required to cover basic personal requirements, such as food, clothes, and shelter. From one nation or civilization to another, relative poverty might be defined differently.
According to statistics, as of 2019, the majority of people in the globe are living in poverty: in PPP values, 85% of people make less than $30 per day.
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Suppose that Ginny receives higher pay at her workplace than her colleagues do, even though they perform essentially the same type of work. If Ginny's productivity is about 25% higher than that of each of her colleagues, which of the following wage concepts can explain this wage disparity?
Human capital, Superstar phenomenon, discrimination
Human capital and the Superstar phenomenon can explain this wage disparity.
Human capital may explain this wage disparity. Human capital is the value of an employee's skills, knowledge, and experience. Ginny's higher pay could be due to her having a higher level of human capital than her colleagues, which is demonstrated by her higher productivity.
The Superstar phenomenon may also explain this wage disparity. This occurs when employees who have a high level of productivity (akin to a superstar athlete) receive greater rewards than others who have similar productivity levels.
Discrimination is an unlikely explanation for the wage disparity in this situation, as it is not implied that Ginny's colleagues are receiving less pay due to their gender, race, or other demographic factors.
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most organizations spend more time and money on the systems____phase than on any of the other phases. A) Design B) Maintenance C) Development
Many organizations spend more time and money on the systems Maintenance phase than on any of the other phases.
In order to fix bugs, boost performance, or adapt to a changing environment, a software system or module must go through a process known as system maintenance.
One technique that assists in updating, modifying, and upgrading software to meet customer needs is system maintenance. Once the software is released or launched, maintenance work is done for a variety of reasons, such as enhancing the software as a whole, fixing errors or problems, boosting performance, and more.
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The United Nations Economic and Social Council came up with several suggested safeguards by which countries still using the death penalty should abide. Which of the following is NOT one of them? a. The death penalty should only be used for the most serious of crimes b. There needs to be clear and convincing evidence of guilt c. The death penalty should not be applied to female offenders
The United Nations Economic and Social Council proposed a number of precautions that nations that continue to apply the death sentence should comply by, including the requirement that it be reserved for the most heinous offenses. As a result, choice A is accurate.
Only the most heinous offenses should be punished with the death penalty. the level of suffering must be limited, there must be unambiguous and convincing proof of guilt, and anyone under the age of 18 cannot be executed.
The Economic and Social Council (ECOSOC) receives reports from nine UN funds and programmes (see reverse), organizes the work of the 14 UN specialized agencies, ten functional commissions, and five regional commissions, and makes policy recommendations to the UN system and Member States.
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The size of a house (in square feet) can be used to model its selling price (in 1,000 dollars). What is the equation of the regression line from the output provided below?
A house's square footage can be used to estimate its selling price. = [tex]-39.81 + 0.099[/tex]
Use Selling Price ,The regression line has the generic form y=a+bx. Price is the dependent variable represented by y in this scenario. Size is the independent variable represented by x. The y-intercept is represented by a. This can be found in the output table at the estimate of the intercept. B stands for the slope. A regression line is an estimate of the line that depicts the actual, but unobserved, linear relationship between the two variables. This can be found in the output at the estimated slope. When the value of the explanatory variable is known, the regression line's equation is used to forecast the value of the response variable.
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which of the following events led to very large yearly increases in the u.s. federal deficit, either in dollar terms or in percentage of gdp terms?
financial crisis and outbreak of war events led to very large yearly increases in the u.s. federal deficit, either in dollar terms or in percentage of GDP terms .
Treasury, the Federal Reserve, and the FDIC implemented a comprehensive set of emergency actions to stabilize the financial sector and the economy in 2008 and 2009.
The federal budget deficit is calculated by deducting government tax receipts from government spending in a given year. A budget deficit develops when spending surpasses receipts.
The Economic Impact of the Fiscal Deficit Others argue that budget deficits crowd out private borrowing, distort capital structures and interest rates, reduce net exports, and result in higher taxes, higher inflation, or both.
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Debt coverage ratio measures the degree to which the NOI from the property is expected to exceed the mortgage payment. True/False
The debt coverage ratio calculates how much the predicted net operating income (NOI) from the property will surpass the monthly mortgage payment.
Test your knowledge of what the debt coverage ratio measures.The ability to make the property's monthly mortgage payments out of the income received from renting the property is gauged by the debt coverage ratio.
when a passive activity is sold and a capital loss results?Unused passive losses from prior years may be applied to offset any other sources of income when the sale of a passive activity results in a capital loss.
What describes investing leverage the best?1. By definition, financial leverage refers to the advantages that an investor may have from borrowing money at an interest rate that is lower than the anticipated rate of return on the total amount of money invested in a property.
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Effective pricing ______ involves understanding how much value consumers place on the benefits receive from the product and setting a price that captures that value. A) marketer-oriented B) time-based C) customer-oriented D) competition-oriented E) cost-based
Effective pricing customer-oriented involves understanding how much value consumers place on the benefits receive from the product and setting a price that captures that value. So, option (c) is the relevant option.
What Is Customer-Driven Pricing?Setting rates is a crucial decision that businesses must make. The three main pricing methods are cost-based pricing, competitive pricing, and customer driven or value-based pricing. Customer-driven pricing can be regarded as the process of setting prices based on how customers perceive the value of a company's goods or services. The fundamental premise of this model is that a customer will pay a particular price when the benefit surpasses the expense. Customer-driven pricing can be effective when a good or service is customised rather than commoditised (for example, maize), as there will be a wide range of possibilities if there are many of rivals providing comparable goods or services.
The pricing strategy can also be used in other geographic markets where supply and demand are more favourable to the seller and the customer may be willing to pay more than in other markets. Customer-driven pricing contrasts with competition-based pricing, which bases prices on those of competitors, and cost-based pricing, which focuses more on achieving a margin target without considering the value that customers perceive in a product or service.
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________ imply/implies that, holding the present value of government spending constant, budget deficits will not crowd out investment.
a. Ricardian equivalence
b. Lower taxes
c. Crowding in
d. Lower interest rates
a. Ricardian equivalence imply/implies that, keeping the prevailing price of presidency spending constant,budget deficits will now no longer crowd out investment.
The required details about Budget deficits is mentioned in below paragraph.
Budget deficits arise while costs exceed sales and for a nation, they could cause monetary instability, including inflation. Using monetary coverage to sell monetary boom to growth tax sales and reduce spending can lower a deficit.A budget deficit is noted as the state of affairs wherein the spending is extra than the income. Although it's far by and large used for governments, this will additionally be extensively implemented to people and businesses.A budget deficit happens while cash going out (spending) exceeds cash coming in (sales) at some stage in a described period.
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a company's current ratio is 1.4; its current liabilities are $55,000; its long-term liabilities are $150,000; its property, plant, and equipment are $275,000; cash is $25,000; and inventories are $33,000. its accounts receivables are if there are no other current assets.
A company's current ratio is 1.4; its current liabilities are $55,000; its long-term liabilities are $150,000; its property, plant, and equipment are $275,000; cash is $25,000, and inventories are $33,000. Its accounts receivables are $19,000 if there are no other current assets.
Calculating the present-day ratio may be very truthful: virtually divide the business enterprise's cutting-edge property by way of its contemporary liabilities. Modern properties are those that may be transformed into cash within twelve months, while modern liabilities are duties anticipated to be paid within 365 days.
The modern ratio is used to assess a company's capability to pay its quick-time period responsibilities, which include money owed payable and wages. It is calculated by dividing modern property via cutting-edge liabilities. The higher the end result, the stronger the economic role of the corporation.
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is a means of managing risk, including policies, procedures, guidelines, practices, or organizational structures. is the meaning of?
Control is a means of managing risk, including policies, procedures, guidelines, practices, or organizational structures.
Control can be defined as a management function that helps achieve planned results at all levels of subordinates, managers, and organizations. Management functions help measure progress towards organizational goals, identify deviations, and indicate corrective actions.
Why are controls important in your organization?Control management is the process that helps an organization identify errors and make appropriate corrections to keep project management on track. Established control make the company more likely to achieve its goals.
What are the 3 types of controls?Managers can use her three basic control systems: power control, behavior control, and clan control.
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If the financial statements of the foreign subsidiary are maintained in the local currency and the U.S. dollar is the functional currency, they are remeasured by the temporal method.True or False
This is true because the income reports of multinational firm are remeasured using the temporal technique if they're kept in the exchange rate but the U.S. dollar serves as the exchange rates.
Explaining finances is what?The term "finance" refers to issues including the development, management, and research of money including investments. It entails employing future revenue flows to finance present initiatives with the use of loans and mortgages, commodities, and investment.
What does finance mean to a business?It makes reference to the entire quantity of cash and credit that a corporation has utilised. The execution of all subsequent processes, such as the acquisition of assets, operations, and raw materials, require business finance. In particular, it is required when carrying out any and all business processes.
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Asset A has an expected return of 15% and a reward-to-variability ratio of 0.4. Asset B has an expected return of 20% and a reward-to-variability ratio of 0.3. A risk-averse investor would prefer a portfolio using the risk-free asset and:
A. asset A
B. asset B
C. no risky asset
D. Can't tell from the data given
A risk-averse investor would prefer asset A. Therefore, option (A.) is the correct answer for this question.
The reward-to-volatility ratio, also known as the Treynor ratio, is a performance indicator for calculating how much extra return a portfolio created for each unit of risk it assumed.
When used in this context, the term "excess return" refers to the profit made over and above the profit that might have been made from a risk-free investment. Treasury bills are frequently employed to represent the risk-free return in the Treynor ratio, despite the fact that there is no real risk-free investment. The systematic risk that is discussed in the Treynor ratio is determined by the beta of a portfolio. The sensitivity of a portfolio's return to changes in the return of the entire market is measured by beta.
In the given question, we know that,
Reward to variability ratio = Return/σ
For asset A, σ = 15/0.4 = 37.5
For asset B, σ = 20/0.3 = 66.67
Since, the differences are less in Asset A, therefor, asset A will be preferred.
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Consumptionand saving definitions Suppose Kate gets a sales bonus at her place of work that gives her an extra $700 of disposable income. She chooses to spend $560 and save the remaining $140. ps PS From this, you can tell that Kate's marginal propensity to consume (MPC) is and her marginal propensity to save (MPS) is Mathematically, it must always be true that: Disposable income- Therefore, it must also be true that: Suppose Madeline gets a sales bonus at her place of work that gives her an extra $400 of disposable income. She chooses to spend $300 and save the remaining $100. From this, you can tell that Madeline's marginal propensity to consume (MPC) is and her marginal propensity to save (MPS) is Mathematically, it must always be true that: Saving- Therefore, it must also be true that: MPS
From this, you can tell Ana's marginal propensity to consume (MPC) is 0.80, and marginal propensity to save (MPS) is 0.20.
What is marginal propensity to consume?The marginal propensity to consume (MPC), a metric of induced consumption used in economics, predicts that an increase in available cash would lead to an increase in individual consumer spending. A person's propensity to consume is how much of their discretionary income they spend on consumption. The MPC determines a person's extra spending. Due to the fact that some short-term consumption is unaffected by changes in income, the MPC in the standard Keynesian model is lower than the average propensity to spend (APC). Since consumers cut back on their savings to maintain consumption, income losses do not cause a fall in spending.
Mathematically, it must always be true that:
Therefore, it must also be true that the: MPC = 1 - MPS.
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the journal entry to record a large stock dividend includes: multiple select question. debit to common stock credit to additional paid-in capital debit to stock dividends credit to cash credit to common stock
The journal entry to record a large stock dividend includes- Debit to Retained Earnings, Credit to Common Stock.
A dividend is a payment made by a corporation to its shareholders that is decided by the board of directors. Dividends are commonly delivered periodically and may be paid as either cash or in the manner of reinvestment in even more stock.
If a common shareholder of a dividend-paying business owns the shares on the ex-dividend date or earlier, they are qualified to access a payment.
A dividend is a payment made to shareholders as compensation for their equity investment in a firm, and it typically comes from the latter's net profits. Dividends should be authorized by the owners by right to vote. While cash dividends are typical, dividends could also be given as stock shares.
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Would you expect Lauren's deductible to be higher lower or the same as Jerry's?; How do insurance companies determine how much you should pay for your insurance coverage?; What type of auto insurance are you required to carry in almost every state 49 out of 50 )?; What does less your deductible mean?
Due to the high cost of premiums, I would anticipate a lower figure.
How do insurance providers calculate the cost of your insurance coverage?The possibility of the event taking place you were insuring against is determined by insurers using risk data. The cost for your premium is calculated using the information provided. This risk to the insurer increases with the likelihood of the event that are insuring against occurring, which drives up the cost of your insurance.
In 49 out of 50 states, what kind of automobile insurance are you obliged to carry?All states except Florida require bodily injury liability insurance, while all 50 states plus the District of Columbia require property damage liability insurance.
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stephanie verbally promises to let jennifer stay in her apartment for 2 years for $600/month. after 10 months she tells jennifer to get out of her apartment and jennifer sues for breach of contract because she says stephanie promised she could stay for 14 additional months. given the facts, stephanie would likely not be able to enforce the contract.
Foley wins because he and Interactive had a bilateral, express employment contract that incorporated the seven steps.
Foley is a town in 1st Earl Baldwin of Bewdley County, Alabama, united states of america. The 2010 census lists the populace of the metropolis as 14,618.[2] Foley is a predominant city of the Daphne-Fairhope-Foley metropolitan place, which incorporates all of 1st Earl Baldwin of Bewdley County. Foley became named for its founder, John B. Foley of Chicago.[3] As Foley turned into journeying to President William McKinley's funeral in 1901, he met a railroad agent who advised him of the region in South 1st earl baldwin of bewdley County. Foley got here down the subsequent yr, and he favored what he saw and bought up to among 40,000 acres (160 km2) and 50,000 acres (2 hundred km2) of land.
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efforts to protect the consumer cover a wide range of areas but the text focuses on three: product, politics and promotions. True or False ?
Efforts to protect the consumer cover a wide range of areas but the text focuses on three: product, politics and promotions. given statement are True.
What is 'Product' ?
The object being sold is referred to as a product. A service or an object both qualify as products. It might take on a physical, virtual, or cyber form. Every product has a cost associated with it, and each one has a price. The market, the quality, the marketing, and the group that is being targeted all affect the price that may be charged.
What do you mean of politics?
Politics is the set of activities that are associated with making decisions in groups, or other forms of power relations among individuals, such as the distribution of resources or status.
What do we mean by promotion?
The term "promotion" covers a wide range of activities designed to increase public awareness or promote a product. Promotion in the context of a career is raising a worker's position or rank within a hierarchical structure.
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On July 15, 2016, Cottonwood Industries sold a patent and equipment to Roquemore Corporation for $900,000 and $400,000, respectively. The book value of the patent and equipment on the date of sale were $195,000 and $490,000 (cost of $715,000 less accumulated depreciation of $225,000), respectively.
Required:
Prepare the journal entries to record the sales of the patent and equipment. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field
1)record sale of patent
2) record sale of equipment
In the concept of gain and loss, the journal entries for the sales of the patent and equipment are as follows
Debits:
Cash Dr $1,225,000
Accumulated depreciation Dr $200000
Credits:
Patent asset account Cr $170000
Equipment asset account Cr $660000
Gain on disposal of assets Cr $595000
In business terms, the term Gain or loss on sale represents the distinction between cash that the company receives and the book value of assets and If received cash is more than the book value, then it is recorded as gain, and if the book value amount is less, then it is recorded as a loss.
Here we have given that On July 15, 2016, Cottonwood Industries sold a patent and equipment to Roquemore Corporation for $900,000 and $400,000, respectively. The book value of the patent and equipment on the date of sale were $195,000 and $490,000 (cost of $715,000 less accumulated depreciation of $225,000), respectively.
And we need to find journal entries to record the sales of the patent and equipment.
While we looking into the given question, we know that the entries have been passed based on the sales of patent and equipment where the sum of $1225000 was realized in cash($850000+$375000).
Here the gain on the disposal of $595000, and it is calculated by deducting book values of the asset from the proceeds on disposal($1225000-$170000-$460000).
Then the entry passed in accumulated depreciation is to write off the accumulated depreciation on the equipment sold.
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