Answer:
$20,000
Explanation:
Since the cost is allocated equally, the depreciation expense on the purchased equipment will be calculated as:
= <u>Cost of equipment- Scrap value</u>
Useful life
= <u>$100,000 - $0</u>
5 years
= $20,000
Based on the above, the depreciation expense for the year that must be recognized by Noonan Company is $20,000.
The answer & explanation for this question is given in the attachment below.
United states and mexican border make ten dollars a day which is only a fraction
Answer:
A. Product and Promotion development
Explanation:
Answer:
Need for trade offs in pricing objectives
Explanation:
I the given scenario the club is faced with two choices. Either they increase market share and become an industry leader while slashing membership prices, or leave membership price the way it is and meet its target on return on investment.
A trade off is required in this kind of situation.
In a trade off a business will need to lose in one aspect in order to gain in another.
So a choice will need to be made on what the business will be able to lose and come out benefiting more.
If the company values the proposition of increasing its market share and becoming the industry leader, it will slash it's membership price by 50%