Answer: The correct answer is "Hershey chocolate bars".
Explanation: For Hershey chocolate bars its manufacturer most likely to use intensive distribution due to the characteristics of the product, which are of the edible type, of consumption and of the type of market in which it is competing, to maintain its competitiveness in the market it is necessary to use an intensive distribution.
Based on the scenario above, it is likely that Professor
Plum’s salary that is considered to be at its highest was at 1970 whereas the
lowest was during the 1990 and this could be based from CPI in which will
evaluate his salary from where it became highest and lowest.
Answer:
The credit portion of a general journal entry is always recorded first.
Explanation:
A journal entry involves the process of keeping the records of business transactions made by an organization.
The journal entry is used by bookkeepers and accountants. Ideally, it is important that a journal has all of following informations; date, reference number, debit balance, credit balance and transaction description.
Also, the total amount of money credited must equal the total amount of money debited.
The following statements are correct and true about the general journal;
I. The description of a journal entry should include a reference to the source of the information contained in the entry.
II. If goods are purchased on credit, the supplier's invoice number is used as the source document for the transaction.
III. A firm should be able to trace amounts through the accounting records and back to their source documents.
The annual depreciation costs at that facility will rise by 10% or $1,440,000.
<h3>Annual depreciation costs</h3>
Life of the equipment = 10 Years
Salvage value = 0
Annual Depreciation= (Cost of equipment - Estimated salvage value) / Estimated useful life
Annual Depreciation= ($14.4 million- 0) / 10
Annual Depreciation= $1,440,000
or
Annual Depreciation= $1,440,000/$14,400,000 ×100
Annual Depreciation= 10%
Inconclusion the annual depreciation costs at that facility will rise by 10% or $1,440,000.
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