Based in the historical cost principle, the total cost of
the land would be the summation of all cost, either direct or indirect.
Therefore it would be:
Cost of Land = $90,000 cash + $5,000 commission + $7,000
demolishing
Cost of Land = $102,000
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When it comes from a friend, these viral marketing messages could yield to a much higher chance of being opened and exposed. By definition, a viral marketing is a common method used in the marketing industry wherein the company would request people, mostly in social media, to share their products.
Answer:
The salesperson is not providing any information about what high quality means (resolution of video). Overall the option B is correct.
Explanation:
Firstly, the salesperson is not providing any details of video quality so he lacks here. The second reason that the information is inadequate is calculation is required for the consumption of memory by 720p and 1080p video. The video 720p consume almost below 4 GB for an one hour of video captured by an iphone camera. This means it posses space for 4hrs (16GB/4GB) of video so the option B is correct.
Answer:
- 10%
- (will increase in the short run) but in the long run it will return to the potential output level.
Explanation:
If the money supply is increased by 10%, the inflation rate will also increase by 10%.
In the short run the economy will be able to produce an output which is higher than the potential GDP, but once the inflation rate catches up, both the unemployment rate will increase and the real GDP will return to its potential output level.
