Answer:
d) standard; fast
Explanation:
Standard cycle market is defined as a market where a company's products (competitive advantage) are shielded from imitation. This is seen in the given scenario as multi-year contracts with artists and sold copyright-protected music through established distribution channels.
Fast cycle market on the other hand occurs when the competitive advantage of a company is not shielded from imitation. The imitation occurs regularly. In the given scenario this is exemplified by a shift to the digital format and the rise of Internet technology have resulted in the sharing of music over peer-to-peer networks, a practice the industry calls "piracy
Answer:
$273,840
Explanation:
The Cost of of an item of Property, Plant and Equipment according to IAS 16 include the purchase price and any directly related costs incurred in bringing the asset in the condition and location for operation as intended by management.
<u>Calculation of the Cost of Land</u>
Purchase Price $260,000
Cost after proceeds to demolish old building($11,300 - $1,670) $9,630
Insurance $830
Legal Fees $420
Property taxes ( $3,300 - $170) $3,130
Capitalized Cost $273,840
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Answer: D. $10 Billion
Explanation:
The United States has a large economy with a very large number of cars which was estimated to be around 280 million in the last quarter of 2019. With these many cars it would be improbable that there would not be quite a number of accidents and there are. In the year 2018, around 12 million cars were involved in motor accidents.
With such a staggeringly high number of cars involved in collisions, it is no wonder that it is estimated that the collision repair industry does around $10 billion worth of business every year.
Explanation:
The recording of the $39.5 million debt in balance is presented below:
Balance sheet
Current liability
Current portion of long term debt $7,000,000
Long term liability
Notes payable $32,500,000
Total liabilities $39,500,000
