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amid [387]
3 years ago
5

When a company uses data from questionnaires and surveys to determine customer preferences, it is utilizing the _____ marketing

function.
distribution
product/service management
promotion
marketing information management
Business
2 answers:
Komok [63]3 years ago
8 0
Marketing information management
kondaur [170]3 years ago
5 0
Marketing information management
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The Peridot Company purchased machinery on January 2, 2016, for $800,000. A five-year life was estimated and no residual value w
horsena [70]

Answer:

Change in accounting estimate

Depreciation for 2018: $80,000

Explanation:

A change in accounting estimate occurs when there is new information that surfaces, affecting the initial situation. It can affect the carrying amount of an asset or liability as well as alter the accounting for existing and future assets or liabilities.

The machine has a cost of $800,000. It is depreciated using the straight-line method of depreciation. Hence, the depreciation expense is the same annually throughout the life of the asset.

Annual depreciation = (Cost of asset - salvage value) / number of useful years

Old annual depreciation = ($800,000-0) / 5 = $160,000 per year.

By January 2018, the asset has depreciated for two years. Hence the book value of the asset as at 2018 is the difference between the cost of the asset and the total depreciation expense i.e. $800,000 - (160,000 x 2)

= $480,000.

According to the new depreciation estimate, the asset has a useful life of 8 years. Hence the remaining years is 6 years ( 8 - 2).

The annual depreciation currently is = ($480,000 - 0) / 6 = $80,000

Depreciation expense for 2018 = $80,000

5 0
3 years ago
Walther owns a home in flood-prone Paradise Basin. If there is no flood the home and land together will be worth $2400. If there
Leto [7]

Answer:

$2,554

Explanation:

The computation of value is shown below::-

Assume insurance purchase is N units

C_n_f = Land\ - Flood\ insurance

= $2,400 - $0.2 per dollar

C_f = Land\ worth\ after\ flood - 0.2\ M + M

= $600 - 0.2 M + M

= $600 + 0.8 M

C_n_f = a\ - \frac{C_f}{b}

$2,400 - $0.2 M = a - ($600 + 0.8 M) ÷ b

$2,400 - $0.2 M = a - $600 ÷ b - 0.8 ÷ b

now we will equate the situation

-0.2 M = 0.8 M ÷ b

-0.2 = 0.8 ÷ b

b = 4

Now, we will put the value of b to find out the value of a

a - $600 ÷ b = $2,400

a - $600 ÷ 4 = $2,400

a - $150 = $2,400

a = $2,400 + $150

a = $2,550

Now we will find out the a and b by putting the values

= a + b

= $2,550 + 4

= $2,554

7 0
2 years ago
What are the job training/education requirements for being a judge?
jasenka [17]
You will need a law degree
6 0
2 years ago
Department S had 600 units 74% completed in process at the beginning of the period, 8,800 units completed during the period, and
Liono4ka [1.6K]

Answer:

20%

Explanation:

8 0
3 years ago
Why do people establish their own business?​
blagie [28]

Answer:

financial freedom

Explanation:

the reasons people start their own business is usually because they desire financial freedom meaning they would like have more disposable resources for themselves.

8 0
2 years ago
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