Answer:
A. Portable people meter
Explanation:
The portable people meter also called the Nielsen meter or PPM for short is a device used to define listening habits on behalf of radio stations across the United states of America. It records media when it is being used and by who is using it. It's like a pager like device in which people carry out through out the day. The Nielsen then uses data it gets to produce monthly ratings of local reports for each markets.
Answer:
B) A Trend Decision
Explanation:
Trend decision is also known as Trend forecasting. It is a complicated and useful way in which data of past sales is used to determine future trends. It is generally used by marketing experts to determine future sales growth. It can be used in different areas of a business.
An example of the use of trend forecasting is the fashion industry. Since customers change their purchasing behavior rapidly, so a particular garment becomes popular for one season and then it goes out of fashion. Fashion forecasters use trend forecasting to predict the trends by including the work designers and the early adoption of a trend among the people
Answer:
$87,800
Explanation:
The following expenditures were incurred by Tamerisk incorporation when purchasing a land
Cash price = $74,000
Accured taxes = $4,400
Attorneys fee= $4,300
Real estate brokers commission = $1,500
Clearing and grading = $3,600
Therefore the cost of the land can be calculated as follows
= $74,000 + $4,400 + $4,300 + $1,500 + $3,600
= $87,800
Hence the cost of the land is $87,800
Answer:
$720
Explanation:
Given that,
Principal = $36,000
Rate = 6% per year
Note issued by West carried an 18-month term.
Time period: 1st September to December = 4 Months
Interest expense = Principal × Rate × Time period
= 36,000 × 6% × (4 ÷ 12)
= $720
Therefore, the amount of interest expense appearing on West's 2016 income statement would be $720.
Answer:
The statement is True as well as correct
Explanation:
Allowance method is the financial term which is defined as the uncollectible accounts receivable procedure that reports the estimate of the bad debt expense in the same accounting or fiscal year as the sale.
Under this method, it is used to adjust the accounts receivable which appears on the balance sheet.
For example,
If the company has the credit sales of $800,000 in December and estimate that the 4% will be uncollectible. Then using this method, computing the uncollectible as:
Bad debt expense = Sales × Estimate uncollectible
= $800,000 × 4%
= $32,000
So, this estimate the bad debt expense rather than wait to see which customer will not able to collect.
