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vfiekz [6]
3 years ago
5

The University of Iowa runs a series of ads throughout the Midwest on how friendly and helpful its faculty, staff, and students

are as well as how outstanding its academic programs are. This type of promotion would best be characterized as _____.
a. public relations

b. product advertising

c. advocacy advertising

d. institutional advertising

e. comparative advertising
Business
1 answer:
Alex Ar [27]3 years ago
3 0

Answer:

The answer would be D

Explanation:

Advertising that promotes a business, organization, institution or similar unit. In institutional advertising, the business promotes itself rather than its product.

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On July 1, 2019, Pharoah Company purchased new equipment for $80,000. Its estimated useful life was 8 years with a $16,000 salva
Eva8 [605]

Answer:

Pharoah Company

Revised Annual Depreciation on Dec. 31, 2022:

= Depreciable amount divided by 10 years

= $55,000/10 = $5,500

Explanation:

a) Data:

July 1, 2019: Equipment Purchase $80,000

Estimated useful life = 8 years

Salvage value = $16,000

b) Computations:

Depreciable amount = $64,000 ($80,000 - 16,000)

Annual Depreciation Expense = $8,000 ($64,000/8)

Six months Depreciation Expense = $4,000 ($8,000/2)

c) Accumulated Depreciation from July 1, 2019 to Jan. 1, 2022:

July 1, 2019 to Dec. 31, 2019 = $4,000

Jan. 1, 2020 to Dec. 31, 2020 = $8,000

Jan. 1, 2021 to Dec. 31, 2021 = $8,000

Total  =      $20,000

d) Revision of Estimates:

Jan. 1, 2022, Book Value = Cost minus Accumulated Depreciation ( $80,000 - $20,000) = $60,000

Re-estimated salvage = $5,000

Depreciable amount  =$55,000

Remaining useful life = 10 years

Annual Depreciation Expense = $5,500 ($55,000/10)

e) Depreciation is an accounting estimate used as a way of expensing the cost of a fixed asset over its useful life.  It is in line with the accrual concept and matching principle of generally accepted accounting principles, which require expenses and revenues to be matched to the related period, expenses and revenues.  It is based on the judgement of management and can be revised in line with changing circumstances and judgements.  There are many methods for accounting for depreciation, including the straight-line as above, the unit of production method, double declining, sum of the years digit method, and accelerated methods like the MACRS or Modified Accelerated Cost Recovery System for tax accounting.

3 0
3 years ago
Financial Statements of a Manufacturing Firm The following events took place for Rushmore Biking Inc. during February, the first
Katyanochek1 [597]

Answer:

Required a.

<u>Rushmore Biking Inc. </u>

<u>Income Statement For the Month Ended February 28 </u>

Sales Revenue                                       $1,033,500

Less Cost of Sales                                  ($577,400)

Gross Profit                                               $456,100

Less Expenses :

Selling expenses                 $248,300

Administrative expenses      $92,400  ($340,700)

Net Income/(Loss)                                    $115,400

Required b.

Materials inventory, February 28  is $41,000

Work in process inventory, February 28 is $24,800

Finished goods inventory, February 28 is $17,100

Explanation:

First, Calculate the Costs of Goods Manufactured, then the Income Statement

Manufacturing Costs Schedule

Direct Materials                                                  $252,100

Direct labor                                                         $216,000

Overheads ($216,000 × 70%)                            $151,200

Total Manufacturing Costs                                $619,300

Less Transfer to Finished Goods                   ($594,500)

Closing Work In Process Inventory                   $24,800

Raw Materials T - Account

Debit :

Purchases                                                          $293,100

Totals                                                                 $293,100

Credit :

Transfer to Work In Process                            $252,100

Ending Balance                                                   $41,000

Totals                                                                 $293,100

Finished Goods T - Account

Debit :

Transfer from Work In Process                       $594,500

Total                                                                 $594,500

Credit :

Trading Account                                              $577,400

Ending Balance                                                   $17,100

Total                                                                 $594,500

5 0
3 years ago
for brainliest and 100 points !!!!the unemployment rate is 5%. there are 139179 people working in the country. calculate the lab
lukranit [14]

Answer:

I think the answer is 2783580

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3 years ago
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liq [111]

When thieves use your name and good credit rating to get cash or buy things, they are engaging in identity theft.

Identity theft can be define as impersonating another person by making use of that person personal information as their own.

A person using Identity theft can use some else identity to steal from innocent people  after stealing the personal details of the person such as the person name so as to obtain cash or to defraud.

Identity theft is bad as it can damage someone image or reputation as the identity thieve  can use to commit various crime  by pretending to be you.

Inconclusion when thieves use your name and good credit rating to get cash or buy things, they are engaging in identity theft.

Learn more about identity theft here:brainly.com/question/17112484

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2 years ago
According to the keynesian model, what are the two components of consumption spending? what factors determine how consumption ch
kkurt [141]

A simple Keynesian model follows four principles:

<span>1. Accumulated expenditures, income, and output are the same.
2. All input of spending into the economy must equal all withdrawals
3. Investment is an input.
4. Saving is a withdrawal</span>

<span>
According to Keynesian analysis, of households intend to save more, they will become poorer. The theory about Keynesian analysis applies to economic where an increase in savings decreases the circular flow of income. S when the households save more, they are reducing the stream of income for other households and therefor diminishes the overall economic activity.</span>

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