Answer:
Home Depot advertises a Black Friday sale in a weekly circular. - A
A Cadillac commercial shows a famous athlete driving a Cadillac. - B
A BMW billboard introduces the new 3 series and highlights its great gas mileage. - A
At the opening of a new dealership, Mercedes distributes an extravagant brochure. - B
Explanation:
Here, Home Depot and BMW are trying to inform consumers about something. Whereas, Cadillac and Mercedes are trying to emphasize on quality.
Answer:
Without knowing your options to select from......
Explanation:
It is the top line or gross income figure from which costs are subtracted to determine net income. Sales Revenue formula. Revenue is also known as sales on the income statement.
Answer:
Explanation:
Double Declining balance method is the form of accelerated depreciation method, in which value of asset depreciated twice by the rate which is charged in straight line method.
Depreciable Cost = Cost of Asset - Residual value
Depreciable Cost = $46,250 - $2,800 = $43,450
Double-declining-balance rate = [ 2 x ( Cost of Asset - Residual value ) / Useful life ] / Cost of Asset
Double-declining-balance rate = [ 2 x $46250 / 5 ] / $46,250 = 40%
Double Declining balance depreciation for the first year = $46,250 x 40% = $18,500
The new price of the item would now be $42.
I believe an accountant uses a <u>T Account</u> and the <u>Double Book Keeping</u>, as shown through my research.
<em>Hope this helps!</em>