Answer:
Telemarketing
Explanation:
Telemarketing involves the use of telecommunications devices like telephone, internet, and fax to market commodities to potential buyers. Telemarketers are the ones that usually do the marketing of the goods and services, but it now more of automated telephone calls or robocalls.
The advantages of telemarketing is that it saves time and cost, and it is also convenient. However, it has a major demerit which is the fact that allow of scams and fraud are now being committed through it.
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Answer:
B. You can get a volume discount on your products.
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Answer: Earnings are reported by the investee in its financial statements
Explanation:
Equity method is when investments are being treated in associate companies and it is usually applied in cases whereby an investor entity holds about twenty to fifty percent of the associate company's voting stock. Due to this reason, it has a strong say in the associate company's management.
Under the equity method of accounting for investments, an investor recognizes its share of the earning in the period in which the earnings are reported by the investee in its financial statements.
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Answer:
132,000$ will be recorded by west as amortization expense for the year.
Explanation:
Depreciation/amortization is systematic allocation of cost of asset over its useful life. In this case asset cost is not given so we assume that PV of lease payment is equal to market value (660,000 dollars) of asset.
In case of leased asset the useful life taken for calculation of depreciation is lower of 1) Useful life 2) Lease term as per applicable accounting standards.
So we have taken 5 years to charge depreciation on Straight line method.
Hence by dividing 660000 by five we get our answer.