Answer:
Applied marketing research
Explanation:
Applied marketing research is the application of basic research in order to directly find solutions to specific commercial problems or to solve problems that are of many firms' interests. In the example given Campbell is trying to determine the soup consumers will prefer before the product goes out.
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Answer:
False
Explanation:
Many of the responsibilities associated with working in a professional sport organization is similar to the responsibilities found in collegiate athletic administrations
Collegiate athletic administration is a body that regulates student athletes from North American it generally covers unprofessional and university level competitive games and it is non-profit . while professional sport organizations have vast responsibilities that are applicable to collegiate athletic administration
Answer:
$36,000
Explanation:
The first step is to calculate the fair value of the new truck
(List price-cash paid with trade)-(original cost -accumulated depreciation)
= (36,000-30,000)-(24,000-16,000)
= 6000-8000
= loss of $2000
Therefore the cost of the new truck for financial accounting purposes can be calculated as follows
(Original cost- accumulated depreciation)+cash paid with trade-loss
= (24,000-16,000)+30,000-2000
= 8,000 + 30,000 - 2,000
= 38,000-2,000
= $36,000
Hence the cost of the new truck for financial accounting purposes is $36,000
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Answer: $200,000 Ordinary loss
Explanation:
In calculating the loss that was recognized by XYZ we subtract the basis of the inventory from the worth of the inventory before it was distributed during liquidation.
This translates to,
= 700,000 - 900,000
= -$200,000
Now as we know, Inventory is a day to day asset in the business that is sold to make profit. Inventory is what was distributed and as such it must be considered an Ordinary Income.
So this is a $200,000 Ordinary Income loss.