A team is linked to the organization's hierarchy,
with some shift of power to team; the leader has limited managerial power;
decision-making is consultative, democratic, or by consensus
Answer:
First Year Depreciation: 12,400
Second Year Depreciation: 7,440
Explanation:
To calculate each period depreciation we multiply the book value by the double-declining rate of 2/5
At the last year, you will depreciate until salvage value is reached.
Answer:
$220,000
Explanation:
Calculation for What amount should Crane report as its December 31 inventory
Using this formula
Ending inventory =Goods costing on hand+Physical count of goods purchased+Goods sold
Let plug in the formula
Ending inventory = $180,000 + $20,000 + $20,000
Ending inventory = $220,000
Therefore the amount that Crane should report as its December 31 inventory is $220,000
Answer:
designed for very targeted audiences, while other forms of promotion reach mass audiences
Explanation:
- Advertising is done to build brand image and increase the sales. While promotion is generally done to push short-term sales. It is a variable element in the marketing mix.
- Promotion is basically a marketing mechanism. While advertising has a long-term effect and its effects change with time. Advertisement is suited to large enterprises while the promotion is for all.