Answer:
The correct answer is letter "C": mission formulation.
Explanation:
Segmentation and targeting is the process by which companies classify their existing and potential customers by<em> sex, age, race, </em>and<em> income</em>. This is done to analyze specific consumers' preferences and behavior so the firm can provide them with a good or service they are likely to consume.
Segmentation implies analyzing <em>pricing, salesforce, advertising, </em>and <em>customer management</em> but <em>mission formulation</em> is a step that the firm takes before starting segmenting its market.
Answer:
Cash 24,900 debit
Account Receivable 51,800 debit
Franchise fee revenue 74,700 credit
training services revenue 2,000 credit
Explanation:
The training services and the francise fee are separated revenues, so we have to use diferent account.
we are only given with the information of a initial payment, so the difference will part of account payable.
No information about the training being paid in cash, so we also assume this services were performed on account.
Answer: A. Par
Explanation:
While US Government bonds are usually sold at auction which means a price different from Par, Federal Agency bonds operate much like Corporate Bonds in their selling procedure. They engage a group of Underwriters called a Selling group which can be made up of large banks and brokers.
These underwriters will then handle everything that have to do with the sale and sell it to the public. Like a Corporate listing, they get a commission from this.
Because of this direct sale by the Underwriter to the public, the Public is most likely to get the offering at Par.
Answer with explanation:
Part 1. Straight-line depreciation can be calculated using the following formula:
Straight-line depreciation = (Cost of Asset - Residual Value) / Useful Life
Now by putting the values of each parameter, we have:
Straight-line depreciation = ($135,000 - Zero) / 5years = $27,000
So this depreciation will be charged to the asset to remainder of its life.
Part 2. We can calculate depreciation using double declining balance method whose formula is as under:
Double Declining Balance Depreciation = 2 X Cost of the asset/Useful Life
By putting values, we have:
Double Declining Balance Depreciation = 2 * $135,000 / 5 Years = $54,000
The depreciation would be charged each year unless it fells below the salvage value of the asset, which in this question is given and is zero.
Part 3.
Following are the main questions that we must consider before opting to any depreciation method:
- Does the cost of the asset chosen is accurate and in-accordance to International Financial Reporting Standards.
- Does the estimated Residual value of the asset is forecasted accurately. International accounting standard IAS 16 says that the scrap value must be discounted and its present value must be considered as a scrap value.
- Is the useful life of the asset estimated is in-accordance to the pace of technological advances?
- The asset's fair value must be considered each year to analyze whether or not the asset value in the market is aligned with our carrying value calculated or not.
So these were the factors which decides which method of depreciation must be opted or what estimate changes are required in calculating the fair value of the asset.
Currently, in the United States, the greatest volume of goods and services are shipped by rail.
