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3 years ago

Do you sign a contract when you purchase a vehicle? What happens if you don’t honor that contract

Business

1 answer:

nydimaria [60]3 years ago

5 0

Answer:

If you do not agree to the inclusion of certain fees, state as much and do not sign the contract. You may be able to get them removed or your may find another dealership that does not include them.

Explanation:

Hope this helps

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On April 1, a patent with an estimated useful economic life of 12 years was acquired for $1,500,000. In addition, on December 31

Tasya [4]

Answer:

April 1

Debit : Patent $1,500,000

Credit : Cash $1,500,000

December 31

Debit : Amortization $125,000

Credit : Accumulated Amortization $125,000

December 31

Debit : Impairment loss $6,000,000

Credit : Accumulated Impairment loss $6,000,000

Explanation:

Both the Amortization and Impairment loss reduce the value of assets. They are therefore expenses accounted in Income Statement.

Amortization : is the loss of value of an asset due to passage of time.

Amortization Expense = (Cost - Residual Amount) ÷ Useful Life

= ( $1,500,000 - $ 0) ÷ 12

= $125,000

Impairment loss : is the excess of the Carrying Amount of an Asset over its Recoverable Amount( Higher of Value in Use and Fair Value less Cost to Sell)

6 0

3 years ago

You're serving on a marketing team for an online client, and you've been asked to create a list of key performance indicators (K

Viefleur [7K]

Answer:

You're serving on a marketing team for an online client, and you've been asked to create a list of key performance indicators (KPIs) to help improve the effectiveness of a current online ad campaign. What are two guiding principles that will help you create these KPIs?

There must be an alignment between the objectives and the mission of such organization marketing team

Also such key performance must revolve round the budget planning of the team

Explanation:

6 0

4 years ago

Which of the following statements is true of control? Control through rules, procedures, and budgets is generally not very costl

Roman55 [17]

Answer:

The second one

Explanation:

Control through rules and budgets can lead to rigidity and loss of creativity in an organization in a way that it limits change. When all available funds are allocated to specific operational budgets, it may be impossible to procure additional funds, when an opportunity arises elsewhere. Some organizations are therefore working in a way to back their budgeting systems.

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3 years ago

A manufacturer is contemplating a switch from buying to producing a certain item. Setup cost would be the same as ordering cost.

Luden [163]

Answer:

c. 30 percent lower.

Explanation:

Since the manufacturer is contemplating a switch from buying to producing a certain item while setup cost would be the same as ordering cost, the production rate would be about double the usage rate.

Compared to the Economic Order Quantity (EOQ), the maximum inventory would be approximately 30 percent lower under Economic Production Quantity (EPQ), and higher under EOQ.

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3 years ago

In response to threats from such companies as Amazon, established manufacturers and retailers became "brick-and-click" oriented

docker41 [41]

Answer:

Re-intermediation

Explanation:

Re-intermediation is the method applied by most businesses in using the internet to bring together new customers for a business. The advent of technology can afford business owners the possibility of eliminating physical intermediaries in a business. For example, house agents help people who are seeking for new places to live in, find houses easily. Through the internet, however, landlords can directly advertise their vacant houses, thus eliminating the agent relationship which would have served as an intermediary.

So, when established manufacturers by-pass Amazon (which is an intermediary between buyers and sellers) by adding online services to their existing offerings, they have done a re-intermediation.

6 0

3 years ago