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eduard
3 years ago
13

For each item listed below, indicate the allocation terminology for the item. Use the following terms for your answer:

Business
1 answer:
nexus9112 [7]3 years ago
8 0

For each item listed the allocation terminology for the items are as follows:

Amortization: Copyrights, Patents, Trademarks and Annual licensing fees.

Depreciation:  Buildings, Equipment and Land Improvements.

Depletion: None.

None of these: Land, Research and Development Costs and Franchises.

<u>Explanation:</u>

Throughout accounting, amortization applies to multiple-period distribution of revenues. The concept is used for two isolated processes: loan amortization and asset amortization. Depreciation is the reduction in asset value and the process used to redeploy or "write down" a tangible asset's expense (like equipment) over its expected life period.

Depletion is a term of accounting and taxation generally used in coal, forestry, petroleum, or other related industries. Depletion is identical to depreciation in that it is an accounting and tax tracking system for cost recovery.

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in a monopolistic competitive industry, firms can try to differentiate their products by:

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A monopolistic industry is one that has very little competition from other brands and as such they dominate a particular market.

As a result of this, we can see that a monopolistic industry would have different products which they sell to the public and the best and easiest way to differentiate between them is to make use of branding and advertising.

Therefore, the correct answer is Branding and Advertising.

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7 0
2 years ago
If you invest $100 today in a bank account that pays a one time interest at the end of each year (you leave the interest you col
Oksanka [162]
Answer is 10%

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3 years ago
In 2009, because U.S. imports were $2,535 billion while exports were $2,116 billion:
Katyanochek1 [597]

Answer:

  A. imports exceeded exports by a sizable $419 billion

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Obviously imports had a greater value than exports. The difference in value is ...

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This observation matches choice A.

6 0
2 years ago
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The retained earnings are affected by the net income or loss or any amount paid to the shareholders as dividends. The retained earnings balance as of December 31, 2016 shall be calculated as follows:

Retained earnings, December 31, 2015                               $ 313,700

Less:  Net loss for the year ended December 31, 2016     -$4,850

Less: Dividends declared and paid in 2016                       -$17,000

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Hence, the retained earnings balance as of December 31, 2016 is <u>$291,850</u>


3 0
3 years ago
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