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4 years ago

The purpose of advertising is _____.

Business

1 answer:

MrRa [10]4 years ago

7 0

The purpose of advertising is to inform consumers about a product or service.

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Career choice, getting/keeping a job, career changes, career advancement skills are examples of

yulyashka [42]

Answer:

Explanation:

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3 years ago

Haskins and Jones, Attorneys-at-Law, maintains its books on a cash basis. During 2021, the law firm collected $610,000 for servi

andrey2020 [161]

Answer:

Answer for the question:

Haskins and Jones, Attorneys-at-Law, maintains its books on a cash basis. During 2021, the law firm collected $610,000 for services rendered to its clients and paid out $425,000 in expenses. You are able to determine the following information about accounts receivable, prepaid expenses, deferred service revenue, and accrued liabilities: January 1, 2021 December 31, 2021 Accounts receivable $ 75,000 $ 67,000 Prepaid insurance 5,800 7,100 Prepaid rent 10,500 9,600 Deferred service revenue 10,500 12,200 Accrued liabilities (for various expenses) 13,500 17,700 In addition, 2021 depreciation expense on office equipment is $28,500. Required: Determine accrual basis net income for 2021.

is given in the attachment.

Explanation:

4 0

4 years ago

Read 2 more answers

On November 4, 2018, Blue Company acquired an asset (27.5-year residential real property) for $200,000 for use in its business.

sleet_krkn [62]

Answer:

A. $191,818

B. $303

C. Loss; $11,515

Explanation:

A. Calculation to determine what The adjusted basis of the asset at the end of 2019 is

Cost of asset $200,000

Less Greater of allowed and allowable cost recovery:

2018 $910

2019 $7,272 ($8,182)

($910+$7,272=$81,82)

Adjusted basis of the asset at the end of 2019 $191,818

($200,000-$8,182)

Therefore the Adjusted basis of the asset at the end of 2019 will be $191,818

B. Calculation to determine what The cost recovery deduction for 2020 is

Cost recovery deduction for 2020= ($200,000 x .03636 x 0.5 / 12)

Cost recovery deduction for 2020=$303

Therefore The Cost recovery deduction for 2020 is $303

C. Calculation to determine what The____on the sale of the asset in 2020 is

Based on the information given we would be using 0.3636 as the percentage for 27.5-year assets.

Cost of asset $200,000

Less Greater of allowed and allowable cost recovery:

2018 $910

2019 $7,272 ($8,182)

($910+$7,272=$81,82)

Adjusted basis of the asset at the end of 2019 $191,818

($200,000-$8,182)

Less Cost recovery for 2020 $303

($200,000 * .03636 * 0.5 / 12)

Basis on date of sale $191,515

($191,818-$303)

Loss on sale of asset ($11,515)

($180,000 – $191,515)

Therefore The LOSS on the sale of the asset in 2020 is $11,515

6 0

3 years ago

Melanie: "I'll buy that armoire for $775." Judith: "It's not for sale." Melanie: "How about $875?" Judith: "I don't know. It's b

Bogdan [553]

Answer:

D) There is no contract.

Explanation:

The main requirements for a legal contract to exist is that:

there is something of consideration being exchanged (in this case $ and the armoire).
there is an offer and acceptance, and all parties involved must decide freely (in this case there is only an offer, but there is no acceptance).
all the parties involved must be capable of engaging in a contract (e.g. no minors nor mentally disabled)
the consideration must be legal, e.g. a contract for buying drugs is not a valid contract

4 0

3 years ago

Developing, promoting, and distributing products to satisfy customer needs and wants is the marketing concept c. Marketing produ

Vitek1552 [10]

Answer:

d. Market segmentation

Explanation:

8 0

3 years ago