Depreciation gives the property owner an allowance for the decline in the physical condition of real estate over time., the actual decline in an asset's fair value, such as the annual decline in value of factory equipment due to use and wear, and second, the allocation in accounting statements of the asset's original cost to periods during which the asset is used.
Depreciation in accounting refers to two different aspects of the same idea: first Depreciation is the process of reallocating, or "writing down," the cost of a tangible item (such as equipment) over the course of that asset's useful life.
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Answer:
<u>When making an outline, it is a good practice to:</u>
- Put the main idea in the title
- Have one main topic that does not relate to the title
- Strive for 3-5 major components
- Move single sub point to larger groups
- Allow sub points to overlap.
- Combine sub points whenever possible
I believe the In a limited liability partnership, all partners are limited partners
Answer:
The answer is c. $40,700.
Explanation:
The direct costs of the Cosmetics Department are all the costs which are incurred for the operations & revenue generating activities of the Cosmetics Department only; which may be incurred at the Department itself or at other Department(s)/Store(s) which the purposes are for serving the Cosmestic Department.
Thus, these costs include the following cost items:
Cosmetics Department sales commissions--Northridge Store + Cosmetics Department cost of sales--Northridge Store + Cosmetics Department manager's salary = $5,160 + $31,300 + $4,240 = $40,700.
So, the answer is c. $40,700
Answer:
This scenario best describes a Sales Promotion
Explanation:
Sales promotion is a strategy that involves reducing the price of products to clear out inventories, attract traffic, and to lift sales temporarily.
It could also be used as a medium to introduce a new product,
Same applies when a large rug store, decide to have a sale.
To achieve the aim of sales promotion, the store manager works with the advertising department to make the public aware of the sale.
A proactive manager also makes provision for enough salespeople to handle the increased customer traffic, and ensure that the manufacturers of the product is able to meet expected consumer demand.
