Answer:
It may be more expensive and time-consuming than using an intermediary
Explanation:
Direct selling makes it hard to reach new customers and also entails spending an extensive time in trying to convince prospective customers before sales is made. Sadly, in some situations, some prospects do not buy in on the intended product and thus, no sale is made and time wasted.
Answer:
March 15,
Dr. Dividend $20,520,000
Cr. Dividend Payable $20,520,000
April 13,
Dr. Dividend Payable $20,520,000
Cr. Cash $20,520,000
Explanation:
A dividend is announced and paid after some days, so the journal entries for both event will be recorded separately.
At The time of Declaration no payment is made, only a liability is created against the dividend payment.
Dividend Value = $0.095 x 216,000,000 shares = $20,520,000
Payment will be made by debiting the dividend payable account to adjust the liability account and Crediting cash for the payment of cash dividend.
Answer: Product & Marketing, it can be one or both depending on the organization of the company. Product often sits inside Marketing, so pushed for one word id say “Marketing.”
Explanation:
Answer:
Basis in the tractor 78.000 and new trailer basis 30.000
Explanation:
The adjusted basis is referred to as the cost basis of the assets as reduced by the cost recovery amount including the depreciation at the point of sale. Alternatively, the adjusted basis can be termed as the unrealized cost basis of the assets. The formula for the adjusted basis is:
Adjusted basis = cost basis - Cost recovery deductions
The adjusted basis for B's tractor and trailer is calculated as follows:
Adjusted basis for tractor = Cost of tractor
=102.000 - 24.000
=78.000
Adjusted basis for new trailer = Cost of trailer
=30.000
