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Leona [35]
3 years ago
5

Is psychological marketing ethical in your opinion?

Business
1 answer:
a_sh-v [17]3 years ago
4 0
Psychological marketing is ethical because there is a code of ethic which regulate the type of profession used it. Therefore, it has to be ethical if the professionals use it according to the code. Psychological marketing is a type of marketing which includes the psychology in its implementation. This knowledge is used<span> for analyzing the consumers' behavior.</span>
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Hunt Company purchased factory equipment with an invoice price of $90,000. Other costs incurred were freight costs, $1,100; inst
saul85 [17]

Answer:

Acquisition cost of the Equipment = $94,000

Double declining depreciation rate = 25%

Explanation:

a. The computation of the acquisition cost of the equipment is shown below:-

Acquisition cost of the Equipment = Invoice cost + Freight costs + Installation wiring and foundation + Material and labor costs used in testing

= $90,000 + $1,100 + $2,200 + $700

= $94,000

b. The computation of double declining depreciation rate is  here below:-

Double declining depreciation rate = 1 ÷ Depreciation life × Times

= 1 ÷ 8 × 2

= 0.125 × 2

= 0.25

or

= 25%

8 0
2 years ago
Mercury Inc. purchased equipment in 2019 at a cost of $497,000. The equipment was expected to produce 580,000 units over the nex
Ivan

Answer:

1.

Gain or (Loss) on sale = (17000)  Loss

2.

Cash                                                     253600 Dr

Accumulated Depreciation               226400 Dr

Loss on Sale                                        17000 Dr

         Equipment                                         497000 Cr

3.

Gain or (Loss) on sale = 9400 Gain

4.

Cash                                                    280000 Dr

Accumulated Depreciation              226400 Dr

         Gain on Sale                                      9400 Cr

         Equipment                                         497000 Cr

Explanation:

We first need to calculate the carrying value of the equipment at the date of disposal. The carrying value is calculated as follows,

Carrying value = Cost  -  Accumulated depreciation

Depreciation 2019  =  (497000 - 33000) * 83000 / 580000

Depreciation 2019  = 66400

Depreciation 2020  =  (497000 - 33000) * 133000 / 580000

Depreciation 2020  = 106400

Depreciation 2021  =  (497000 - 33000) * 67000 / 580000

Depreciation 2021  = 53600

Carrying value = 497000  -  [ 66400 + 106400 + 53600 ]

Carrying value = $270600

1.

Gain or (Loss) on sale = Sales price  -  Carrying Value

Gain or (Loss) on sale = 253600  -  270600

Gain or (Loss) on sale = (17000)  Loss

2.

Cash                                                     253600 Dr

Accumulated Depreciation                226400 Dr

Loss on Sale                                        17000 Dr

         Equipment                                         497000 Cr

3.

Gain or (Loss) on sale = Sales price  -  Carrying Value

Gain or (Loss) on sale = 280000  -  270600

Gain or (Loss) on sale = 9400 Gain

4.

Cash                                                    280000 Dr

Accumulated Depreciation                226400 Dr

         Gain on Sale                                      9400 Cr

         Equipment                                         497000 Cr

6 0
3 years ago
Suppose the country of Lilliput exported $ 293 billion worth of goods and imported $ 405 billion worth of goods in the last cale
wlad13 [49]

Answer:

A trade deficit.

Explanation:

Given that,

Value of exports = $293 billion

Value of imports = $405 billion

Balance of trade refers to the difference between a country's value of exports and its value of imports for a given time period.

Balance of trade:

= Value of exports - Value of imports

= $293 billion - $405 billion

= -$112 billion

Therefore, this country has a negative trade balance and it is reflected as a trade deficit.

7 0
2 years ago
Jacque owns a medium-sized business in the United States. Approximately how likely is it that her company exports?
Degger [83]

If Jacque owns a medium sized business in the United States, it is likely that there is approximately thirty percent of chance that her company will have a chance of being an exporter because of the reason that one-third of the companies in the United States has the capability of exporting goods or services to other countries.

6 0
3 years ago
Flip's Pizzeria Inc. has the following financial items for the current year: Advertising Expenses $50,000 Cost of Goods Sold $66
Allisa [31]

Answer:

Flip's taxable income for the current year is $2,10,000.

Explanation:

Given information:

Advertising Expenses = $50,000

Cost of Goods Sold = $660,000

Other Operating Expenses = $390,000

Sales = $1,830,000

Wages and Salaries = $520,000

Capital Gain = $15,000

The formula for taxable income is

Taxable income for corporation = Gross Sales - cost of goods sold - operating expense - Interest expense - Tax deduction/ credit

Where,

Operating expense = Advertising Expenses + Wages and Salaries + Other Operating Expenses

Using this formula we get

\text{Taxable income for corporation}=1830000-660000-(390000+520000+50000)

\text{Taxable income for corporation}=210000

Therefore, Flip's taxable income for the current year is $2,10,000.

7 0
3 years ago
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