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4 years ago

What are your special skills characteristics that are related with your business?

1 answer:

6 0

To answer this opinion based question as to what is my special skills characteristics that is related with my business.. Well to start with my business is more of a marketing and reselling of goods, my special skills with marketing is that i have Personal Relation to people. It is one of the most important thing for me because without it i can get close to clients' zone to make a deal to them.

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When an accelerated depreciation method is used to calculate depreciation expense: Multiple Choice the accumulated depreciation

erastovalidia [21]

Answer:

the net book value of the asset halfway through its useful life will be less than if straight-line depreciation is used.

Explanation:

Let me use an example to illustrate this.

An asset has a useful life of 4 years. It costs $1000. It has a salvage value of 0

If the straight line depreciation method is used , the depreciation expense every year = $1000/ 4 = $250

The net book value halfway through its useful life = $1000 - ($250 x 2) = $500

If double declining method is used, the depreciation expense in the first year would be = 2/4 x $1000 = $500

The net book value at the beginning of year 2 = $1000 - $500 = $500

Depreciation expense in year 2 = 2/4 x $500 = $250

The net book value at the beginning of year 3 = $500 - $250 = $250

We can see that the net book value halfway through the useful is lower when double declining depreciation method is used

4 0

3 years ago

Which option best describes the main behavior that economics studies?

Ierofanga [76]

Answer: People making choices based on their limited resources

Explanation:

The option best describes the main behavior that economics studies is People making choices based on their limited resources.

Economics is a social science subject which studies how humans behaves due to scarcity and due to the limited resources that are available.

As a result of limited resources, Individuals or economic agents have to make choices and choose the good or service that matters most to them. This is where opportunity cost comes in as other options are left and the best option is chosen.

3 0

3 years ago

Suppose Brian is in the market for a used textbook and the campus bookstore is having a sale. If the initial price of the used b

pishuonlain [190]

Answer:

35.29%

Explanation:

Data provided in the question:

Market price of the used book = $85

Discounted price = $55

Now,

The percentage change in the book price will be calculated as:

= $\frac{\textup{Market price - Discounted price}}{\textup{Market price}}\times100$

on substituting the respective values, we get

= $\frac{85-55}{85}\times100$

= 35.29%

Hence,

the percentage change in the book price is 35.29%

5 0

3 years ago

What is included in a corporate identity package?

DochEvi [55]

This i know for sure <span>CatalogsBusiness cardsLetterheadStationaryFlyersPrinted advertisementsPostersPresentation folders</span>E-mail templatesusiness

4 0

4 years ago

In each of the following transactions ( a ) through ( c ) for Romney's Marketing Company, use the three step process illustrated

-Dominant- [34]

Answer:

Romney's Marketing Company

Using the three-step process to record the adjusting entry at year-end December 31, 2015:

a1. Expense was incurred

2. Cash will be paid in the future

3. The amount of the adjustment is $450

b1. Revenue was earned at December 31, 2015

2. Cash will be received in the future.

3. The amount of the adjustment is $280.

c1. Expense was incurred.

2. Cash will be paid in the future.

3. The amount of the adjustment is $8,000.

Explanation:

a) Data and Calculations:

Interest receivable = $280 ($6,000 * 14% * 4/12)

b) The three-step process for recording the adjusting entry at year-end:

(1) determining if revenue was earned or an expense incurred.

(2) determining whether cash was received or paid in the past or will be received or paid in the future.

(3) computing the amount of the adjustment.

6 0

3 years ago