Answer:
It is $30,000(C)
Explanation:
Depreciable cost = $90,000
Using straight-line method,
Annual depreciation = $90,000/3
= $30,000.
Hence, depreciation expense at the final year of service is $30,000
We cannot make use of entire cost of equipment of $120,000 because it seemed the company wanted to sell its scrap value for $30,000. Hence, this has been used to reduced it cost to $90,000 which is a depreciable cost .
Answer: d. The firm's cash position in 2015 and 2016 would increase.
Explanation:
The financila statements had been calculated with the view that fixed assets would be depreciated over a 20 year period. However, it was discovered that the assest should be depreciated over 15 years instead. This reduction in the period would have the effect for increasing the depreciation payment.
For example, say the asset cost $20,000 and was originally to be depreciated over 20 years using Straight Line Depreciation. This means that the depreciation per year would be,
= 
= $1,000 a year.
If it was however discovered that it was supposed to be 15 years that figure would go to,
= 
= $1,333.33 a year
Notice how depreciation increased. Lucy's Music emporium will therefore see their depreciation cost rise. Depreciation is subtracted from revenue as it is tax deductible. When Lucy's Emporium deduct this new depreciation, they will have less profit. They will be taxed on this less profit and so pay a lower tax. This will thus increase their cash holdings because Depreciation is a non cash expense and does not actually require a cash payment.
Explanation:
The stereotyping is the phenomenon, fixed and subjective, which people analyze sales and marketing. Race stereotyping is the first type of stereotyping. In a subjective view that is partly typical, it helps an observer interpret the particular race or races. This causes them to reduce their visibility and paying capacity and preferences as a target audience. This offers imprecision in the study of revenue & marketing.
The second stereotypes is the gender discrimination in which men and women are treated differently, even if they seem to be the same as in the target audience. Women are treated as caretakers, weak or weak, while men are treated as strong, leaders or men. Nonetheless, a stereotyping method may handle the analysis accordingly and the final conclusion may not be obtained.
The third type of stereotype is stereotyping of childhood. The children must be centred too much and consumer research represents a prejudicial attitude.
Following preventive steps can be taken to prevent automatic marketing promotions:
1. Establish a link between empirical data and marketing objectives. Marketing should not rely on analytical data without positive linkage and return.
2. Choose appropriate analytical metrics that properly reflect the value that the company is prepared to create. This makes the company realize the way in which promotion takes place.
3. Check analytical data regularly and make changes to brand campaigns
