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3 years ago

14

Marketers should keep a close eye on the ___________ environment in order to ensure that their product sales don't decline when

a competitive product is released.

1 answer:

valina [46]3 years ago

4 0

Economic enviroment i think

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What is 450x12 PLZ HELP ME I NEED HELP

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Answer:

5400

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2 years ago

Richard likes to smoke tobacco from a pipe. However, he is very particular about which pipes he uses. He will only buy pipes mad

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The type of consumer product that this represent is: Specialty product.

<h3>What is specialty product?</h3>

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2 years ago

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2 years ago

Read 2 more answers

Gutierrez Company reported net income of $225,000 for 2017. Gutierrez also reported depreciation expense of $45,000 and a loss o

Anestetic [448]

Answer:

Gutierrez Company

Cash Flow statement

for the year 2017

$

Net Income 225,000

+ Depreciation 45,000

+ Decrease in receivable 15,000

+ Increase in payable 17,000

+ Decrease in prepaid expenses <u> 4,000 </u>

Net cash flow from operating activities <u>306,000</u>

Explanation:

Depreciation is an non cash expense so it will be added to the net profit for the calculation of cash flow from operating activities. Decrease in receivable, Increase in payable and decrease in prepaid expenses result in the inflow of cash. So, they are all added in the operating income value.

4 0

2 years ago

Mercury Inc. purchased equipment in 2019 at a cost of $497,000. The equipment was expected to produce 580,000 units over the nex

Ivan

Answer:

1.

Gain or (Loss) on sale = (17000) Loss

2.

Cash 253600 Dr

Accumulated Depreciation 226400 Dr

Loss on Sale 17000 Dr

Equipment 497000 Cr

3.

Gain or (Loss) on sale = 9400 Gain

4.

Cash 280000 Dr

Accumulated Depreciation 226400 Dr

Gain on Sale 9400 Cr

Equipment 497000 Cr

Explanation:

We first need to calculate the carrying value of the equipment at the date of disposal. The carrying value is calculated as follows,

Carrying value = Cost - Accumulated depreciation

Depreciation 2019 = (497000 - 33000) * 83000 / 580000

Depreciation 2019 = 66400

Depreciation 2020 = (497000 - 33000) * 133000 / 580000

Depreciation 2020 = 106400

Depreciation 2021 = (497000 - 33000) * 67000 / 580000

Depreciation 2021 = 53600

Carrying value = 497000 - [ 66400 + 106400 + 53600 ]

Carrying value = $270600

1.

Gain or (Loss) on sale = Sales price - Carrying Value

Gain or (Loss) on sale = 253600 - 270600

Gain or (Loss) on sale = (17000) Loss

2.

Cash 253600 Dr

Accumulated Depreciation 226400 Dr

Loss on Sale 17000 Dr

Equipment 497000 Cr

3.

Gain or (Loss) on sale = Sales price - Carrying Value

Gain or (Loss) on sale = 280000 - 270600

Gain or (Loss) on sale = 9400 Gain

4.

Cash 280000 Dr

Accumulated Depreciation 226400 Dr

Gain on Sale 9400 Cr

Equipment 497000 Cr

6 0

3 years ago