Answer:
capitalize the new cost as an asset to be amortized over future periods expected to benefit
Explanation:
A capitalized cost is a cost which is added to the cost basis of a fixed asset on a company's balance sheet. This Capitalized costs are sustained from the purchase or construction of fixed assets. Example of such costs are costs of materials, sales taxes, labor, transportation, and interest incurred to finance the construction of the asset.
This is usually done for items that would be used over a long period of time, therefore the item is capitalized and amortized or depreciated over its future periods.
Cassidy is offering ADVERTISING ALLOWANCES.
Advertising allowance is the money or discount given by the service provider, Cassidy, to the retailers or craft stores to get the word out about Cassidy's products. It is part of Cassidy's advertising cost which will directly increase her sales because retailers will push her products through the flyers or through their sales person.
Answer:
The image shown in the picture can be harmful as the model who is displaying jeans somewhere giving the message that people with fair skin and toned body are suitable to wear these kind pf clothes.
Explanation:
While presenting a product to the general public, the idea or motive should be given clear and necessary information to the consumers. Displaying a product, the companies chose the models with fair skin, slim and toned body and attractive personality.
This presentation can be negative or harmful sometimes for the consumers as this create an impression that people similar like these models are suitable for the product as the attractive look requires to wear these kind of cloths.
Answer:
Ted's net worth: 341,100
Explanation:
- Lexus 40,000
- Home 275,000
- Checking account 800
- Savings account 1,900
- Mutual fund 110,000
- Personal assets 90,000
Total Assets: 517,700
- Car debt 25,000
- Home debt 150,000
- Credit card 1.600
Total Liabilities: 176,600
Net Worth: 341,100
Answer:
The accrued interetst is $4860 and $3240
Explanation:
Solution
Recall that:
Mura Company borrows= $360,000
Time =90/360
rate = 9%
Face value =$360,000
The next step is to compute the accrued interest payable on December 31, 2017.
Now,
Interest = 360000*9%*90/360=8100$
year end interest accrual:
Principal =$360000
time 54/360
Interest =360000*9%*54/360 = $4860
Interest recognized on February 5
Principal =$360000
Rate= 9%
Time= 36/360
Interest 360000*9%*36/360 = $3240
