Answer:
Pioneering
Explanation:
Advertisement can be defined as the promotion of a product to potential customers through various mediums. Advertising helps customers to gain more information about different products that are present in the market, It also helps businesses to boost the sale of their products.
Pioneering advertising is used at the introductory stage of a product into the market. This type of advertising is used at the inception of the product into the market, It is used to create awareness of the product to potential customers telling them about the various features of the product and why they should buy it.
Answer:
Approximately 56 years and 3 months.
Explanation:
The formula to calculate this is the same formula we use for calculating the Future Value.
Future Value = Present Value ( 1 + i ) ^ n
175000 = 35000 ( 1 + 0.029 ) ^ n
Calculating for 'n',
We get the ' n ' as 56.29 years.
Hope this Helps.
Goodluck buddy.
Answer:
a. derives its value from the rights and privileges it provides the owner.
Explanation:
The intangible asset are those assets that cannot be touched or seen that means it does not have any physical substance
In this, the amortization expenses are recognized.
The intangible assets consist of patents, copyrights, goodwill, and other intellectual proprieties.
Moreover, it is categorized on the asset side of the balance sheet
and the operating cycle contains only days inventory outstanding + days sale outstanding so the intangible asset does not relevant.
Answer:
$52,500
Explanation:
Warranty cost are the cost associated with the repair or replacement of a product in case it does not perform as intended after purchase.
It is debited to the warranty expenses account and credited to the warranty liability account.
Total sales for the year - $3,000,000
Warranty estimate basis - 4%
Estimated warranty - 3,000,000 * 4% = $120,000
Warranty cost incurred = $67,500
Balance to be recorded for the year = 120,000 -67,500
$52,500
Answer:
The University of Dental Health (UDH)
Functions Type of Center
Accounting Cost Center
Bookstore Profit Center
Cafeterias Profit Center
Career services Cost Center
Community workshops Profit Center
(providing
continuing professional
education necessary for
state licensure)
Custodial services Cost Center
Financial aid Cost Center
Human resources Cost Center
Information technology Cost Center
Residence halls Profit Center
Student parking lots (fee based) Profit Center
University newspaper/radio station Cost Center
Explanation:
The UDH's cost center is a department or function that does not directly contribute to its profitability but costs it money to operate its activities. A profit center, on the other hand, directly contributes to the University's profitability by generating revenue through its activities. Please, note that the dividing line is thin. The determinant factor depends on the choices and efforts made by an organization's management to commercialize some of its internal services.
