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2 years ago

QUESTION 7

Business

1 answer:

kolbaska11 [484]2 years ago

6 0

Answer:

=$8,500

Explanation:

Amortization is the depreciation of intangible assets. In calculating amortization, the cost of the asset and the expected lifespan is taken into consideration.

For Snowbird, the useful life of the patent is eight years. Usually, patents are not to be resold; hence the salvage value is zero. The amount to be amortized in 2019 will be,

Asset cost $68,000

Useful life 8 years

The rate of amortization will be 1/8 x 100

=12.5%

Amortization amount = 12.5/100 x $68,000

=0.125 x $68,000

=$8,500

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Sue spent much of her time checking inventories, processing straight rebuys, setting up displays and making sure everything is g

elena-14-01-66 [18.8K]

Answer:

(D) order taker.

Explanation:

An order taker is a salesperson who collects orders checks inventories, processes straight rebuys, sets up displays but does not make any effort to invite new customers or persuade the existing ones to increase their quantities of purchase.

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2 years ago

Xavier and Yolanda have original investments of $50,000 and $100,000, respectively, in a partnership. The articles of partnershi

tensa zangetsu [6.8K]

Answer:

=$59,000.00

Explanation:

Original investments:

Xavier: $50,000.00

Yolanda $ 100,000.00

Allowances:

Xavier: $ 34,000.00

Yolanda : $ 26,000.00

Income at $120,000.00

Xavier allocation will be:

Calculating interest on the original investment

Xavier =20/100x $50,000.00 =$10,000.00

Yolanda=20/100 x$100,000.00 = $20,000.00

Total interest on original investments = $30,000.00

Total allowances = $34,000+$26000=$60,000.00

Shareable income= $120,000.00- ($30,000+$60,000)

= $30,000

each gets $15,000.00

Xavier will get $ 15,000 + $ 10,000 +$ 34,000

=$59,000.00

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3 years ago

BRZ Shoes targets the youth market with vibrant, visually appealing ads in modern styles. BRZ ads appeal to the ________ dimensi

Fantom [35]

Answer:

The correct answer is sensory.

Explanation:

Sensory marketing is widely used and also highly recommended for those companies that want to be exclusive, original and convey a different and positive customer experience. Its objective is that the client leaves satisfied and with a good memory that is not easily erased from his memory.

As human beings we are endowed with five senses, six if as some do we have intuition. Next we will see how marketing plays with us through our senses:

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3 years ago

Sunland Company had the following department data: Physical Units Work in process, beginning 0 Completed and transferred out 909

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Answer:

Equivalent units of production= 98,700

Explanation:

Giving the following information:

Physical Units Work in process, beginning 0

Completed and transferred out 90,900

Work in process, ending 7,800

Materials are added at the beginning of the process.

<u>To calculate the equivalent units, we need to use the following formula:</u>

<u></u>

Units completed in the period + Equivalent units in ending inventory WIP (units*%completion) = Equivalent units of production

Equivalent units of production= 0 + 90,900 + 7,800*1

Equivalent units of production= 98,700

Because the materials are added at the beginning of the process, the percentage of completion is 100%.

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2 years ago

The senior accountant for Carlton Co., a public company with a complex capital structure, has just finished preparing Carlton's

Misha Larkins [42]

Answer: b. Carlton's income statement will have to be revised to include the earnings per share data

Explanation:

The options to the question are:

a. No changes will have to be made to Carlton's income statement. The income statement is complete without the earnings per share data.

b. Carlton's income statement will have to be revised to include the earnings per share data.

c. Carlton's income statement will only have to be revised to include the earnings per share data if Carlton's market capitalization is greater than $5,000,000.

d. Carlton's income statement will only have to be revised to include the earnings per share data if Carlton's net income for the past two years was greater than $5,000,000.

From the question, we are informed that the senior accountant for Carlton Co., a public company with a complex capital structure, has just finished preparing Carlton's income statement for the current fiscal year and that while reviewing the income statement, Carlton's finance director noticed that the earnings per share data has been omitted.

The changes that will have to be made to Carlton's income statement as a result of the omission of the earnings per share data is that Carlton's income statement will have to be revised to include the earnings per share data.

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3 years ago