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3 years ago

What power has social media granted companies that they had never had before

1 answer:

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The social media have a lot of benefits to offer to companies, these benefits can not be derived from anywhere else. One of the benefits that businesses gain from social media is the opportunity to market and advertise their products, making their products known to people all over the world. Social media has made it possible for local companies to be known globally, thus increasing their status and profits.

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The following are several of the accounts from a recent balance sheet.

Burka [1]

Answer:

Account Name Balance Sheet Classification DR or CR Balance

1. Accounts Receivable CA Debit

2. Prepaid Expense CA Debit

3. Inventories CA Debit

4. Long-Term Debt NCL Credit

5. Cash and Cash Equivalent CA Debit

6. Accounts Payable CL Credit

7. Income Tax Payable CL Credit

8. Contributed Capital SE Credit

9. Property Plant and Equipment NCA Debit

10. Retained Earning SE Credit

11. Short-Term Borrowing CL Credit

12. Accrued Liabilities CL Credit

13. Goodwill (an Intangible Asset) NCA Debit

Explanation:

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3 years ago

5. If you enter a road from a driveway, alley or roadside you must:

8_murik_8 [283]

Answer:

If you enter a road from a driveway, alley or roadside you must:

Yield to vehicles already on the main road.

Explanation:

The concept of right to way is supposed to be understand since there are no law that actually grants the right of way since it only states when the right of way is to be yielded. This concept has to be considered and well understood by all motorists to avoid conflict on roads. These conflicts often cause accidents which can lead to possible loss of life. Thus the rules governing right of way have to be taken very seriously to minimize the probability of accident.

In the following cases the right of way has to be yielded;

1. When one is at a yield sign for example; a stop sign

2. At a pedestrian crosswalk

3. At intersections that don't have traffic lights or where there is uncontrolled movement

4. At T intersections where one has to yield to motorists already on the main road

5. When one needs to turn left into the main road, one needs to yield to oncoming vehicles on the main road

6. One one is moving from a parking lot to the pavement

In our case, rule number four applies since one needs to enter from a driveway alley or roadside to the main road. This means that one on the driveway needs to yield to vehicles already on the main road.

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3 years ago

Read 2 more answers

Use the following method to calculate the yearly depreciation allowances and book values for a firm that has purchased $150,000

Dafna1 [17]

Answer:

a. Straight Line Method Depreciation= $ 2400

b. MACRS

c. Sum-of-Years' Digits

Explanation:

a. Straight Line Method Depreciation=

Purchase Cost- Salvage Value/ No of useful life *depreciation rate

=$ 150,000- $30,000/10 * 20%

=120,000/10* 20%= 12000* 20/100=$ 2400

b. MACRS

Since it is a non-form 10-year property, the company can elect to use either the 150% or 200% declining balance method.

Depreciation in 1st Year = Cost × 1/Useful Life × A × Depreciation Convention

Depreciation in Subsequent Years =

(Cost − Depreciation in Previous Years) × 1/ Recovery Period × A

Where,

A is 100% or 150% or 200%.

Depreciation for the the first year $ 150,000/10 *200%= $30,000

Depreciation for the the 2nd year =$ 150,000-30,000/10 *200%= $24,000

Depreciation for the the third year =$ 150,000-30,000- 24000/10 *200%

=$ 19,200

Depreciation for the the 4th year $ 150,000-30,000-24000-19200/10 *200%= Note A

Note A: MACRS declining balance changes to straight-line method when that method provides an equal or greater deduction. Deduction under 200% declining balance MACRS for 4th year would be $ 153,600 ($150000 - $30,000 - $24000 - $19200 × 1/10 × 200%. This is greater than depreciation under straight line method .

c. Sum-of-Years' Digits Method Depreciation

Depreciation Amount = Acquisition Cost - Salvage Value = $ 120,000

Sum of useful life= 10+9+8+7+6+5+4+3+2+1= 55

Depreciation Factor = 10/55, 9/55, 8/55, 7/55 etc.

Depreciation for the 1st year= 10/55* 120,000= $ 21,818.2

Depreciation for the 2nd year= 9/55* 120,000= $ 19 636.4

Depreciation for the 3rd year= 8/55* 120,000= $17,546

Depreciation for the 4th year= 7/55* 120,000= $ 15,273

Depreciation for the 5th year= 6/55* 120,000= $ 13,091

Depreciation for the 6th year= 5/55* 120,000= $ 10,909.1

Depreciation for the 7th year= 4/55* 120,000= $ 8727.3

Depreciation for the 8th year= 3/55* 120,000= $ 6545.5

Depreciation for the 9th year= 2/55* 120,000= $4363.63

Depreciation for the 10th year= 1/55* 120,000= $ 2181.81

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3 years ago

Identify and explain three reasons that an artist would elect to present content through abstract or non-representational form,

alexira [117]

There are at least 3 reasons why an artist would represent their ideas in abstract form. First, they may try to show the essential form or shape of the subject matter as in some paintings of the Group of Seven or Emily Carr in Canada in portraying snowy mountains or forests for example. Then, they may show disfigured people and horses screaming their outrage and dismay at being bombed like the painting of Guernica by Picasso to show outright rejection of the terrible bombing of Guernica in Spain by the Nazis in WWII. Also, color in an abstract painting can show the emotions of the painter such as in dark forests by Emily Carr to capture the feeling of being inside a dense forest of being closed in yet surrounded by wonderful vegetation.

6 0

3 years ago

kellogg's begins to sell its cereals in new markets after conducting extensive marketing research. after the cereal begins to a

Dafna11 [192]

The fact that Kellog is increases its promotion expenditure to counteract competitive responses means that Kellogg's is in the maturity stage of the product life cycle. The maturity stage us the third stage of the product life cycle, and comes after the Introduction and Growth stages.
In this stage the companies are focused on maintaining their market share in the face of a number of different challenges.

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3 years ago