The _____ is an approach whereby an organization allocates its marketing mix resources to reach its target markets.

On April 1, 2020, Republic Company sold equipment to its wholly owned subsidiary, Barre Corporation, for $40,000. At the time of

Scilla [17]

Answer:

$750

Explanation:

Calculation for What was the amount of the credit to depreciation expense on the 2020 consolidation worksheet

2020 Credit to depreciation expense=[($60,000/5 years )-($60,000-$25,000/5 years)]/5 years*9/12

2020 Credit to depreciation expense=[($60,000/5 years )-($35,000/5 years)]/5 years*9/12

2020 Credit to depreciation expense=[($12,000-$7,000)/5 years*9/12]

2020 Credit to depreciation expense=$5,000/5 years*9/12

2020 Credit to depreciation expense=$750

Therefore the amount of the credit to depreciation expense on the 2020 consolidation worksheet is $750

4 0

3 years ago

On July 1, 2018, Larkin Co. purchased a $400,000 tract of land that is intended to be the site of a new office complex. Larkin i

jeka57 [31]

Answer:C. $477,000

Explanation:

Asset are initially recognized at price and other attributable cost. The cost includes tax paid on the assets e.g Vat, legal cost for attorney, delivery, installation, site preparation, professional fees e.g Architect. All income earned from testing the asset or incidental to the asset installation are deducted to arrive at a final cost value.

In the above scenario the price of the land $400,000 is added to demolition cost $75,000, plus the legal fees of $12,000 are all added to $487,000 and the proceed of $10,000 from sales of demolition scrap will be deducted to have a final cost of $477,000.

3 0

3 years ago

Earnest money is: Group of answer choices The value of your home used to calculate property taxes The estimated current value of

Dima020 [189]

Answer:

The amount of money the buyer deposits when they buy

Explanation:

Earnest money is the money a buyer pays to a seller which is usually like a deposit when they are purchasing a property to show how serious they are in purchasing the property.

When the seller gets the earnest money from the buyer, he is rest assured that the buyer is willing to purchase the property, so he gives him enough time to rally around to get the balance while he list the property off the sales market.

Without earnest money, most sellers are probably going to sell their properties to customer who brings money first.

5 0

3 years ago

Read 2 more answers

1. Identify each account as an asset (A), liability (L), or equity (E).

Novosadov [1.4K]

Answer:

Interest Revenue: Income, Credit balance, credit increases the balance, debit reduces such balance

Accounts Payable: Liability, Credit balance, credit increases the balance, debit reduces such balance

Calhoun Capital: Equity, Credit balance, Credit increases the balance, debit reduces such balance

Office Supplies: Asset, Debit balance, Debit increases the balance, credit reduce such balance

Advertising Expense: Expense, Debit balance, debit increases the balance, credit reduces such balance

Unearned Revenue: Liability, Credit balance, credit increases the balance, debit reduces such balance

Prepaid Rent: Asset, Debit balance, Debit increases the balance, credit reduces such balance

5 0

3 years ago

The Treasury bill rate is 6%, and the expected return on the market portfolio is 10%. According to the capital asset pricing mod

fenix001 [56]

Answer: See explanation

Explanation:

Your question is not complete. Here is the completed question:

The Treasury bill rate is 6%, and the expected return on the market portfolio is 10%. According to the capital asset pricing model, what is the risk premium?

The risk premium will be the difference between the market portfolio and the treasury bill rate. This will be:

= 10% - 6%

= 4%

8 0

2 years ago