Answer:
Advertising managers work to make customer's interested in a companies product.
Explanation:
Advertising Managers are in charge of the advertising aspect of a company as they direct the advertising team.
They oversee their affairs, give projects, supervise and evaluate.
Therefore, their job is to get customers interested in the product of the company.
Answer:
2.12, rounded up to 3
Explanation:
To solve the equation, we first need to set up an equation.
Let x represent the number of scarves. We want one side of the equation to be the amount earned and the other to be the cost
45x is how much they earn since each scarf is $45
70+12x is how much they cost for rent and production
45x=70+12x
Subtract 12x from both sides
33x=70
Divide both sides by 33
x=2.12
It says we should round up so 3 scarves to break even
Explanation:
Given that,
Change in sales = 3%
Change in earnings = 9%
We need to find a company's total leverage.
Total leverage is equal to the ratio of percentage change in earnings per share to percentage change in sales revenue.
Hence, company's total leverage is 3 units.
Answer:
depreciation expense 4,125 debit
accumulated depreciation 4,125 credit
Explanation:
computer equipment cost: 22,000
salvage value: zero
usefil life: 4
method of depreciation: straight-line
yearly depreciation: 5,500
Then, we need to depreciate from January 1st, 2018 to September 30th,2018
5,500 x 9/12 = 4,125 depreicaiton during the period
Answer:
Loss on sale of equipment Dr $145,000
Explanation:
The journal entry is shown below:
Cash Dr $105,000
Accumulated depreciation Dr $325,000
Loss on sale of equipment Dr $145,000
To Equipment $575,000
(Being the record of the equipment is recorded)
Since the equipment is sold for $105,000 due to which the cash is increased by $105,000 and there is a decrease in assets for $575,000 as this amount indicates the purchase value
Moreover, the accumulated depreciation is also debited for $325,000
And, the balancing figure would be transferred to loss on sale of equipment i.e $145,000
