Answer:
A
Explanation:
A Marketing Cluster contain jobs in the marketing field which require the similar skills or educational qualification. An individual that studies marketing can find employment in any of the clusters
Answer:
depends on the situation give me a strategy and ill give you why it would be the best
Answer:
Last in, Fast out (LIFO)
Explanation:
The Last in, Fast out (LIFO) method is an accounting method used to attach value to inventory. Under the LIFO formula, the assumption is that the last item to be purchased will be sold first. The costs of the final goods to be produced or purchased will be used to expense the first batch of products to be sold.
LIFO is the contrast of FIFO, which stands for first in first out. LIFO, as an inventory accounting technique, is rarely used outside the US. The approach is suitable for large businesses with huge inventories such as car dealers and retailers.
Easter Corporation purchased a new manufacturing building during the current year. The building has an estimated useful life of 30 years. The appropriate
year-end adjusting entry would be Debit Depreciation expense and credit Accumulated depreciation.
<u>Explanation:</u>
With time the value of the fixed asset reduces due to wear and tear, This reduction in the value is called Depreciation.
At the end of year the adjusting entry would be like this, we will debit the depreciation expense account and credit the accumulated depreciation account.
When we debit the depreciation account it will be shown in the income statement as an expense on the debit side and on the other hand the accumulated depreciation will appear in the balance sheet as a contra account . This will reduce the amount of fixed asset i.e building.
Answer: A. the sales price less the present value of the residual value
Explanation:
Sales revenue is calculated as the selling price less the cost of the commodity being sold. In this case the cost will be the value of the asset. The sales revenue will therefore be the selling price less the value of the asset when it is to be sold so the relevant value is the residual value.
Even though the residual value is unguaranteed, the current estimate will be treated as the value to be deducted from the selling price. The difference is what will be reported as sales revenue.
