Ok, so not too sure if this will answer you’re question, but let’s give it a go anyway. Approach this question with logic, though the original asking price was 235k it sold for 210k. Subsequently this would make the market value of the property 210k.
I believe the answer is A or $210,000
Answer:
The correct answer is letter "D": What is the best business entity and structure setup for continuity and transferability?
Explanation:
If an investor is considering to start a new business and thinking about how his children will continue with the company after his or her pass away, the factors to be considered are the<em> type of entity</em> that could be more convenient for his children according to their interests and the <em>transferability </em>of the organization upon the decease of the original owner.
Types of entities refer to the structure the firm will take and the responsibility the owners will take. We could identify sole proprietorships, partnerships, Limited Liability Companies (LLCs), and corporations to mention a few.
When it comes to transferability, for instance, in sole proprietorships, partnerships, and LLCs that cannot be done upon the death of an owner. For such a case a new organization has to be born. That situation does not happen in corporations since ownership can be transferred by the purchase of stocks and the entity remains the same.
Answer:
$7,560
Explanation:
Calculation for the amount to be recorded as depreciation expense at December 31, 2017
Depreciation expense =( $116,800- $16,000 )
Depreciation expense = $100,800
Depreciation expense =$100,800 / 10 years
Depreciation expense = $10,080
Depreciation expense = 10,080 * (9/12)
Depreciation expense = $7,560
Therefore the amount to be recorded as depreciation expense at December 31, 2017 is $7,560
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Answer:
The answer is option A)Personal selling refers to: A customer-directed flow of communications, often in a face-to-face encounter, designed to promote a product with the purpose of making a sale.
Explanation:
Personal selling involves a face to face approach encounter with customers. In advertising, Personal selling involves the use of marketers with great interpersonal and sales skills employed to promote a product offering in the field where they can interface one on one with customers for the purpose of generating sales.
This supports the definition of personal selling as a customer-directed flow of communications, often in a face-to-face encounter, designed to promote a product with the purpose of making a sale.
