Answer:
Formal tax legislation is the process by which a proposed tax rule or tax change may become law in the United States. Formal tax legislation follows specific steps as defined by the U.S. Constitution.
Explanation:
The indirect advertising does not directly advertise the product. Sponsorship is example of indirect ad.
The goal of the bandwagon ad is <span> to convince individual consumers that a product is worth purchasing.
Endorsement uses famous person for the advertisement of the product.
Promotional ad </span><span>includes special offers, cents off coupons, temporary price reductions ...
Endorsement is the technique </span><span>of advertising that shows that multiple consumers use a product to build consumer trust in the product.</span>
Answer:
The $400,000 should be a result of the acquisition of the in-process research and development activities
Explanation:
Intangible Assets: The intangible assets are those assets that cannot be seen or even touched. It is not tangible in nature
The example is goodwill, and intellectual properties like - patents, copyrights, trademarks, etc.
The recording of the intangible assets based on the fair market value i.e $400,000 instead of associated costs.
Answer:
The answer is Conglomeration
Explanation:
This is a term that describes the process by which a conglomerate is created, and a conglomerate is a corporation that owns a number of different businesses that are unrelated.
Another trait of a conglomerate is that every one of the conglomerate's subsidiaries operate independently of each other, but each subsidiary reports to the parent company.
Answer:
Inventory TO 5.5
This means Ortiz sales his inventory 5.5 times per year.
Explanation:
Inventory turnover for Ortiz
where:
COGS: 66,000
In this case the average inventory is provided already: 12,000
Inventory TO 5.5
This means Ortiz sales his inventory 5.5 times per year.
