Answer:
The correct answer is letter "D": one-step.
Explanation:
A one-step approach is a direct marketing technique by which the means of communication are used directly so that the consumers can place an order. This method is typically found on call-request advertisements on television, radio or social media nowadays.
Answer:
Option E. CREDIT to Accumulated Depreciation for $9,000
Explanation:
The formula to compute depreciation expense is given as under:
Depreciation Expense = (Cost - Scrap Value) / Useful Life
By putting values we have:
Depreciation Expense = (100,000 - 10,000) / 10 Years = 9,000 per year
The double entry for the year 2 would be:
Dr Depreciation Expence 9,000
Cr Accumulated Depreciation 9,000
Answer:
Three years from the expiration of the contract
.
Explanation:
Answer:
The demand curve and supply curve will shift leftwards.
Explanation:
The increase in the income of riders will decrease the number of bus rides because there is an inverse relationship between income and inferior goods. Therefore, the demand curve for bus rides will shift leftwards. Moreover, the increase in wages is an input cost, therefore, the rise in input cost will shift the supply curve leftwards.
Answer:
The correct answer is B. Trend analysis.
Explanation:
The trend analysis is the method of analysis that consists in observing the behavior of the different items of the Balance Sheet and the Income Statement, to detect some significant changes that may have their origin in administrative errors.
This method allows us to know the direction and speed of the changes that have occurred in the financial situation of the company over time, so it is considered as a method of horizontal analysis.
It helps us to detect failures; but it is only an exploratory method, so it is always necessary to investigate further to find the causes of the failures. It is necessary to determine the changes suffered in the balances of the financial statement items that we are interested in analyzing. The trend analysis allows us to know the financial development of a company.
