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Serjik [45]
3 years ago
7

A permanent decline in the market value of an asset is called

Business
1 answer:
antoniya [11.8K]3 years ago
7 0

Answer:

Impairment

Explanation:

When an asset's market price is lower than what is reported in the financial statements, it is referred to as an impaired asset. It is reduction in the market value of a fixed tangible or intangible asset permanently.

Such assets does not yield positive cash flow in future. If an asset is identified as impaired, then loss related to it, also called impairment loss should be recorded in the income statement.

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To whom must licensees provide agency disclosures prior to entering into an agency agreement?
tiny-mole [99]

A licensee who is operating in the capacity of a party's designated agent must notify any clients of the existence of the agency relationship in writing.

<h3><u>An agency agreement is what?</u></h3>

In a legal contract known as an agency agreement, the first party, known as the "principal," agrees that the activities of the second party, known as the "agent," bind the principal to later agreements made by the agent as if the principal had made them personally.

In law, the ability of the agent to bind the principal is known as authority. A person may be compelled to pay for purchases made by a close relative using their credit card if they provide their credit card to them, which is an example of implied authority generated by an agreement.

Learn more about agency agreement with the help of the given link:

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6 0
2 years ago
Cabell Products is a division of a major corporation. Last year the division had total sales of $28,540,000, net operating incom
natulia [17]

Answer:

9.1%

Explanation:

With regards to the above, margin is computed as;

Margin = (Net operating income ÷ Sales) × 100

Given that:

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Margin = ($2,597,140 ÷ $28,540,000) × 100

Margin = 9.1%

3 0
3 years ago
Can someone help me please? I attached the question THANKS
galben [10]

Answer:

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3 years ago
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When McDonald's offers healthy menu items in hopes of avoiding competition with Wendy's and Burger King, it uses ________ positi
antoniya [11.8K]

McDonald's offering a healthy menu to avoid competition is referred to as differentiation positioning.

<h3>What is Differentiation positioning?</h3>

This is strategy adopted by companies in making their products and services very unique and beneficial to the populace.

This being done ensures that they avoid competition and increase sales and profit to ensure continuous running of the business. McDonald offering healthy menu items depicts this type of positioning.

Read more about Differentiation positioning here brainly.com/question/9241331

6 0
2 years ago
The scanner data collected by Frito-Lay is a form of ________ data.
trapecia [35]

The answer is: Internal secondary data

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When fritto lay obtain its data from scanners (that usually occurs for every purchase) , the data would automatically be stored in its database without interference from any third party.

6 0
3 years ago
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