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3 years ago

Introduction to Early Childhood

1 answer:

7 0

C is the right answer because since the National Association for the education of young children has to respect and support their colleagues

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On January 2, 2016, Alpha Company purchased a patent for $38,500 plus $2,000 in legal fees. On that date, the patent had a remai

Fittoniya [83]

Answer:

General Journal entry:

Account Debit Credit

Amortization expense $6,750

Accumulated Amortization $6,750

(patent)

Explanation:

Given Data:

Price of patent=$38,500

Legal fees=$2,000

legal Life=13 years

useful life=6 years

Required:

Journal Entry

Solution:

Amortization:

For intangible assets, amortization is the decrease in book value over the period of time. However intangible assets have no physical appearance and they do not face any damage like fixed assets but with the passage of time their value decrease.

Calculating amortization expense for one year:

Amortization expense= $\frac{Purchase\ Price+Legal\ Fees}{Useful\ Life}$

$Amortization\ expense=\frac{\$38,500+\$2000}{6}\\ Amortization\ expense=\$6,750$

General Journal entry:

Account Debit Credit

Amortization expense $6,750

Accumulated Amortization $6,750

(patent)

7 0

3 years ago

Historically the stock market goes up when there is bad news on unemployment. The latest statistics show the unemployment rate i

Evgesh-ka [11]

Answer: C. The stock market now

Explanation:

The Argument target refers to the subject of the discussion in question. The speaker in question is attempting to explain why it would be a good time to buy stocks in the present which concerns the stock market today making it the subject.

The speaker does this by calling into evidence, the correlations between variables in the past and showing that with one variable ( high unemployment) currently in effect, the other variable (increasing stock prices) which it correlates with therefore has a chance of happening in the present.

7 0

2 years ago

A manager who focuses on one part of the organization, such as production, without considering the impact on marketing or sales

oee [108]

Answer:

The manager does not understand the contingency view.

Explanation:

The manager who focuses only on one part of the business then will not understand the contingency view. Here, the contingency view refers to the behavior of the manager to lead every situation or problem in the company. Therefore, to make a decision it is required to focus on all parts of the organization. Since in the question it is given that the manager focus only on one part of the company that means he will be unable to understand every situation of the company.

3 0

3 years ago

Ruston Company had Net Income for 2020 of $6,200,000. The firm invested $4,000,000 in manufacturing equipment during 2020. The e

Aloiza [94]

Answer:

$3,000,000

Explanation:

Calculation to determine the Net Cash Flow in 2020

STATEMENT OF CASH FLOW

For the Year 2020

Cash flow from operating Activities:

Net Income $6,200,000

Add Depreciation Expense $ 800,000

Net Cash provided by operating activities $7,000,000

($6,200,000+$800,000)

Cash flow from Investing activities:

Investment in Equipment ($4,000,000)

Net Cash used in Investing activities ($4,000,000)

Net Cash flow in 2020 $3,000,000

Depreciation under Straight Line method = (Cost - Salvage Value)/Useful Life

Depreciation under Straight Line method= (4000000-0)/5

Depreciation under Straight Line method= 800,000

Therefore the Net Cash Flow in 2020 is $3,000,000

4 0

3 years ago

______ is the process of dividing a market into distinct groups of buyers who have different needs, characteristics, or behavior

dimulka [17.4K]

Answer:

Market segmentation

Explanation:

Market segmentation is the process of dividing a market into distinct groups of buyers who have different needs, characteristics, or behavior.

The businesses use market segmentation to separate each market from another to study their demand closely. It helps them in catering to them according to their characteristics. They are able to treat every market according to its unique characteristics and generate more profit while doing that.

7 0

2 years ago