Answer:
it's a tangible long-term asset
Answer:
Investment center
Explanation:
Investment center is a section of an organization that make use of the amount of capital at their disposal to earn more profit for the company. Their main aim is to generate more revenue for the organization.
This section of the company is solely responsible for the amount of money generated, the costs incurred during the production process and the various benefits realized.
They are accessed according to the amount of money brought into the company through various investments.
In the scenario described above, the manager of a particular section of Alpha manufacturing was evaluated on how the equipments, building and other assets were used to generate profit because they were considered as an investment center.
Answer:
Tommy Hilfiger jeans
Explanation:
The price elasticity of demand measures quantity demanded as a result of a change in price.
The smaller the price elasticity of demand, the steeper the demand curve will be through a given point.
Tommy Hilfiger jeans are likely to have the most price elastic demand as it is very expensive so the rise in its price would affect its demand.
Take into account the machine's cost of $15,000, residual value of $3,000, and usable life of 5 years with straight line depreciation, what would the monthly amount of depreciation be declining-balance
What is Declining Balance?
In an accelerated depreciation scheme known as the declining balance method, bigger depreciation expenses are recorded in the earlier years of an asset's useful life and smaller depreciation expenses are recorded in the asset's later years. The diminishing balance approach, sometimes referred to as the declining balance method, is the best choice for assets that eventually lose value or become obsolete. This is typically true for high-tech things like computers, cellphones, and other devices of this nature, which are typically useful at first but become less so when newer models are introduced to the market. The eventual phase-out of these assets is taken into account through an accelerated method of depreciation.
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The scenario that explains when producer surplus is important in the quest for competitive advantage is the economic value creation framework.
<h3>What is economic value creation framework?</h3>
The economic value creation framework is a strategy about the creation of economic value.
Under the economic framework, producer surplus is important in the quest for competitive advantage because this is the profit that a firm captures when producing and selling a good or service.
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