Answer:
TRUE The Statement is correct
Explanation:
We need to add up both advertizement contract to knwo the total acquisition cost of the advertizement.
<u>First contract cost:</u>
365 daysper year / 7 dayts per week = 52 week per year
52 week per year x $20 dolllar per weke = $1,040
<u>Second contract cost:</u>
12 months per year x $100 per month = $1,200
Total acquisition cost: 2,240
Answer:False
Explanation:
The potential advantage of online surveys are quick response rate and low cost than traditional surveys. This statement contradicts the above stamement.
Online surveys has faster medium to reach the target audience,cost-efficient.These are characteristics of online survey not traditional survey
So therefore it is false
Answer:
$6,300
Explanation:
The computation of expenses that can be deducted is shown below:-
Expenses that can be deducted = Fee paid for club after getting contract(for 5 months) + Replacement cost + Travelling
= ($1,000 × 5) + $500 + $800
= $6,300
Therefore for computing the expenses that can be deducted we simply add Fee paid for club after getting contract, replacement cost and travelling and the rest amount is not relevant for computation.
Answer: $15,400
Explanation:
BEP = Fixed cost - depreciation/ sales - variable cost
BEP = 740,000 - (744,000/6)/($60 -$20)
BEP= $740,000-$124,000/$40
BEP = $616,000/$40
BEP =$15,400
Answer:
measured in terms of the probable future payment of assets or services that a company is presently obligated to make as a result of past transactions or events.
Explanation:
According to my research on financial accounting terms, the term liability is defined as the state of being legally responsible for something (dept such as auto or student loans). When a liability is first recorded it is measured in terms of the probable future payment of assets or services that a company is presently obligated to make as a result of past transactions or events. Basically calculating the amount of future payments that need to be made by the dept owner.
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