For long-lived assets that have been in use for more than one accounting period, Depreciation Expense on the debit. Accumulated Depreciation on the credit.
Therefore, the entry that was made by the accountant, assets and stockholders' equity will be decreased.
- Depreciation simple defined as the allocation of the cost of a long-lived, tangible asset over its useful life making an expense on the income statement that is matched against the revenue gotten by the use the asset.
The effect of recording depreciation expense on the accounting equation is that Total assets decrease and Total stockholders' equity decreases
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Answer:
c) Hotel rates for AAA members are lower than for nonmembers.
Explanation:
In business, the term price discrimination refers to the strategy by which the seller charges a different price for the SAME product because the seller knows that the client will pay that price. The key word of this definition is that the seller is offering the <u>same</u> service/product but at different costs
If we take a look at our options we can see that a) offers a different service (one is overnight shipping and the other is standard), b) also offers a different product (first-class seats vs. coach), finally, c) offers the same product (the same hotel rooms) but non members pay more for the rooms than AAA members.
Thus, the correct answer is c) Hotel rates for AAA members are lower than for nonmembers.
Based on business sales strategy, marketing intermediaries add <u>time utility</u> to products by having them available when consumers want them.
This is because the <u>time utility</u> allows the business firms and marketers to make the products available to the consumers whenever they need them.
<u>Time utility</u> is a marketing tool used by the business firms like retails to add value to products and to bridge the gap between the products and consumers.
Hence, in this case, it is concluded that the correct answer is "<u>time utility</u>."
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Answer:
c
Explanation:
Bundling is when separate products of a company are combined together and sold to customers usually at a lower price
Mhm I would say false but just wait for someone else to answer I’m not sure.
