Answer:
A
Explanation:
In this question, we are to evaluate the validity of the options. We were told he used the acquisition method. When do we use the acquisition method?
The acquisition method is used when a company is taken in by another company by using a merger, acquisition or through a consolidation.
Now, out of all the options presented, we can see that the selling price less the acquisition value is recorded as a realized gain or loss.
Answer:
Here the given statement is true.
Explanation:
The given above statement is true , customer service and promotions are recognized as a company's skill set , which if a company would perform better than its competitors than it would be able to attract more customer base and even retain its target audience. Customer service skills are really important for every company as these skills helps in increasing its target consumers and retain them by addressing the customers redressal, fulfilling their needs and wants and improving their experience.
When the price of an inferior good falls, the substitution effect leads to an increase in the quantity purchased and the income effect leads to a decrease in the quantity purchased.
An inferior good is something consumers would purchase only if they had more income so if the price falls, customers are able to afford to use this product as a substitute to an item of lower price that they currently purchase.
Answer:
$28,800
Explanation:
Data provided in the question:
The asset is depreciable under the 5 year MACRS category
Depreciation percentages for all six years are:
0.20, 0.32, 0.192, 0.115, 0.115, 0.058
Worth of the asset = $150,000
Now,
Depreciation to be claimed in the year 3 will be
= Worth of the asset × Depreciation percentages for the year 3
here, from the given percentages of the depreciation
the Depreciation percentages for the year 3 is 0.192
= $150,000 × 0.192
= $28,800
