Answer:
Value added to the gallery will be $3000
So option (C) will be correct answer
Explanation:
We have given that Caroline sells her original painting for $1500 to an art gallery.
And after that her painting was sold to an art lover at cost of $4500
We have to find the value added to the gallery
Value added to the gallery will be equal to difference of price sold to the art lover and cost at which painting is sold to art gallery
So value added to gallery = $4500 - $1500 = $3000
So option (C) will be correct answer
Answer:
B) 280,000; 200,000
Explanation:
Assets = Liabilities + Shareholder Equity
Assets:
Cash $50,000
Accounts receivable $80,000
Inventory $100,000
Gross P&E $730,000
<u>depreciation ($130,000)</u>
total = $830,000
Liabilities:
Accounts payable $12,000
Notes payable $50,000
<u>Long-term debt $218,000 </u>
total = $280,000
Equity = $830,000 - $280,000 = $550,000
Common stock $100,000
Add. paid-in capital $250,000
Retained earnings = $550,000 - $100,000 (common stock) - $250,000 (APIC) = $200,000
Answer:
B) The high school graduation rate in Elador is higher than in neighboring countries.
Explanation:
The new technology that Robert wants to install at Elador is supposed to improve productivity and reduce labor but if the technology is installed, it may cause unemployment in Elador because of the high rate of high school graduates in Elador.
The high school graduates would have lesser chance of finding employment if the technology that improves productivity and reduces labor is installed. Because machine would replace tasks that humans could have done, there would be no need to employ human labor thereby increasing unemployment rates.
Answer: $4,375
Explanation:
Annual Depreciation at end of year 5 is the same as every year as this is classical straight line depreciation.
= (Cost - Salvage value) / Useful life
= (40,000 - 5,000) / 8
= $4,375
Answer:
Integrated marketing communications.
Explanation:
Integrated marketing communication is a technique used by companies to create a linked form of communications and messages. Talking in simple terms, integrated marketing communications help firms to integrate their all promotional tools and ensure that all tools work in harmony with each other.
Nike is an example of a company using the technique of integrated marketing communications.
By using the slogan 'Just do it' in all of their promotional tools, the company is ensuring harmony in all of its tools.
Therefore, integrated marketing communications is the correct answer.
