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harina [27]
3 years ago
7

During the rainy season, people look to buy raincoats and umbrellas. Elements, an apparels manufacturer, caters to this need. Wh

ich action would represent the conversion of this need into a want?
Business
1 answer:
FromTheMoon [43]3 years ago
3 0

Answer:

The definition of the problem is listed in the Clarification column elsewhere here.

Explanation:

  • By implementing a collection talking things-through umbrellas that illuminate throughout the night, Raindrop will turn the said requirement into something like a desire.
  • Needs represent situations of poverty as perceived.
  • The marketing functions are to suit one's requirement, maybe with a should get for food, some rather than the need for IHOP cakes as well as McD's fries.
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Depreciation Methods Vorst Corporation's schedule of depreciable assets at December 31, 2016, was as follows: Asset Cost Accumul
lions [1.4K]

Answer:

c. $14,400

Explanation:

Double declining depreciation method can be described as an accelerated depreciation technique which charges depreciation expense faster than the straight-line depreciation method, because double declining method obtains its depreciation rate by multiplying the rate of straight-line depreciation method by 2.

From the Vorst Corporation's schedule of appreciable assets at December 31, 2016, the following data are obtained for Asset A:

Cost = $100,000

Accumulated Depreciation = $64,000

Acquisition Date = 2015

Residual value = $20,000

Estimated useful life = 5 years

Therefore, we have:

Straight line method depreciation rate = 1 / Estimated useful life = 0.20, or 20%

Double declining depreciation rate = Straight line method depreciation rate * 2 = 40%

Beginning book value in 2017 = Cost - Accumulated Depreciation = $100,000 - $64,000 = $36,000

Depreciation expense for 2017 = Beginning book value in 2017 * Double declining depreciation rate = $36,000 * 40% = $14,400.

Therefore, Vorst should record $14,400 as depreciation expenses in 2017 for Asset A.

Important End Note:

Under the double declining depreciation method, residual is adjusted for in the last year of the estimated useful life of the asset.

Based on the information for Asset A, its last useful year is 2019 and that is why the residual value is not adjusted for in 2017 above.

6 0
3 years ago
Tania starts a bookstore with her friend. However, owing to other commitments, Tania is unable to help with the daily operations
zheka24 [161]

Answer:

Tania is a "limited partner ".

Explanation:

  • A limited partner, commonly recognized as either a silent partner, seems to be an individual and therefore not just a week as a well-to-day corporate administrator. The responsibility of a limited partner could never increase the total spent by that department in the organization.
  • For example, this type of relationship seems to have at least a single special partner but each restricted partner.
7 0
3 years ago
3. An airline company operates a plane between ATL and DC. This plane has 120 seats for economy class with two price tiers: low
Vitek1552 [10]

Answer: 20 seats

Explanation:

The optimal number of business travellers will be the mean of Poisson distribution i.e 20, since the number of business travellers follows Poisson distribution. Which means that the probability that there will be 20 business travellers will be higher than all other numbers.

Therefore 20 seats must be assigned to business travellers to maximize the revenue.

5 0
3 years ago
Radner Shipping purchased a truck and a trailer for $90,000. An appraisal has set the fair market values of the truck and the tr
Monica [59]

Answer:

Truck $54,000

Explanation:

Basket purchase price of assets is always pro rated in ratio of their fair values

=90,000*(60,000/100,000

=54,000

Truck=$54,000

Trailer=90,000-54,000=$36,000

3 0
3 years ago
A real estate company places ads on a local newspaper's website. The real estate company pays the newspaper based on how many ti
vlada-n [284]

Answer:

cost per click (CPC) or pay per click (PPC) pricing, the name depends on who provides the service, but the concept is the same.

Explanation:

Companies that use pay per click (PPC) advertising will pay each time a user clicks on their ads to see them. When you open a website there may be several (sometimes more than a dozen) of different advertisements, but the advertiser companies only pays when someone actually clicks on the ad. PPC is the most popular and common advertising in websites and search engines, e.g. Google Ads works this way.

7 0
3 years ago
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