1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lapatulllka [165]
3 years ago
5

Is advertising a overhead or operating expense

Business
1 answer:
Advocard [28]3 years ago
8 0

Answer:

The answer to this question is given below in this explanation section.

Explanation:

           "is advertising a overhead or operating expense"

operating expenses and selling general and administrative expenses are both types of costs involved in running a company a significant in determining its financial well being.While generally synonymous,they each can be listed separately on the corporate income statement.

Operating expense are the costs involved in running the day to day operations of a company they typically make up the majority of a company expenses. OPEX  are not include in costs of goods involved in the production of a company goods and services.cogs include direct labors direct materials or raw materials and overhead cost of production facility.cost of goods sold is typically listed as a separate line item on the income statement.

operating expenses are the remaining costs that are not includes in cogs.Operating expenses can include:

  • Rent
  • utilities
  • salaries/wages
  • property taxes
  • Business travel
You might be interested in
Troy (single) purchased a home in Hopkinton, MA, on January 1,2007, for $300,000. He sold the home on January 1, 2016, for$320,0
Kryger [21]

Answer:

Person T has rented home for the period of 1st January 2007 to 31st December 2011 for principal purpose. Person T used the home for living from the date 1st January 2012 to 31st December 2012. From 1st January 2013 to 31st December 2013. T rented premises. Afterward. Person T used the home for living from the date 1st January 2014 to 31st December 2012. Accumulated depreciation on the same is SO.

1st January 2007 to 31st December 2011- Rented for 5 years

1st January 2012 to 31st December 2012 — Principal resident for 1 year 1st January 2013 to 31st December 2013- Rented for 1 year

1st January 2013 to 31st December 2016 — Principal resident for 4 years

Person T is successful in criteria of user test and ownership tests. As Person T has used the home for a minimum two years out of the last five years from the date of sale. Person T has used home for the principal residence for 5 years and 6 years as a rented resident. Hence allowance of gain should be in proportion basis.

Calculation of percentage of gain for which Person T is eligible for an exemption from paying tax:

Exemption = (Principal residence year/Total no.of years)  × 100  

Exemption = (5/11) × 100

Exemption = 45.45%

Hence, 45.45% is exempted from tax.

Calculation of amount for which Person T is eligible for an exemption from paying tax

Exempted amount = Tax Exemption x Capital gain

= 45.45% × $20,000

= $9,090

Hence, the eligible amount of exemption is $9,090.

Calculation of amount for Person T is not eligible for an exception from paying tax

Not exempted amount = Total profit - Exempted amount

Not exempted amount = $20,000 - $9,090

Not exempted amount = $10,910

Hence. Person T can claim exemption of capital gain for $9.090 from her total taxable income.

6 0
4 years ago
Pharoah Corporation engaged in the following cash transactions during 2020. Sale of land and building $187,600 Purchase of treas
Alla [95]

Answer:

See below

Explanation:

The computation of net cash provided is seen below

Proceeds from issuance of common stock

147,900

Less:

Purchase of treasury stock

($40,100)

Less:

Dividend payment

($89,600)

Less:

Retirement of bonds

($110,000)

Cash flow used by financing activities

($91,800)

3 0
3 years ago
In developing a marketing plan for a catering business, you'll want to include a display ad in the Yellow Pages because       
Nonamiya [84]
Your answer would be A 20%
5 0
4 years ago
Read 2 more answers
Manufacturers Southern leased high-tech electronic equipment from International Machines on January 1, 2018. International Machi
Fittoniya [83]

Answer:

The 16,700 are the PMT of an annuity-due considering the fair value of 126,890

lease receivable 126,890 debit

            Equipment           126,890 credit

--lease to Manufacturers Southern--

cash                        16,700 debit

    lease receivable           16,700 credit

--first lease payment--

cash                        16,700 debit

    interest revenues            6,611.4 credit

    lease receivable           10,088.6 credit

--second lease payment--

Explanation:

The 16,700 are the PMT of an annuity-due considering the fair value of 126,890

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV $ 126,890

time: 8 quarters

rate:  0.015 (6% annual over 4 quarter per year)

126890 \div \frac{1-(1+0.015)^{-8} }{0.015} = C\\

C  $ 16,699.977

<u>The first payment as s done right away,</u> has no interest and decreases entirely the lease receivable

<u>The second payment will accrue interest:</u>

carrying value x 6% interest expense =

(126,890 - 16,700) x 6% = 6,611.4‬

<u>Amortization on lease receivable: </u>16,700 - 6,611.4 = 10,088.6‬

6 0
3 years ago
As a technical project manager, you have decided to propose implementing a prototyping methodology for a small web-based design
disa [49]

Answer: Identify user requirements.

Explanation:

The first thing that the manager needs to do is to find out the user requirements for such design products. This is akin to identifying the problem in the scientific method.

Knowing the user requirements of such a product would then help the manager come up with possible solutions that can then be developed into prototypes to see if they satisfy the requirements that users have.

8 0
3 years ago
Other questions:
  • Which type of workplace culture emphasizes accomplishing goals?
    10·2 answers
  • Which statement is accurate about safe posture?
    14·1 answer
  • Wear Ever is expanding and needs $6.8 million to help fund this growth. The company estimates it can sell new shares of stock fo
    6·1 answer
  • Abardeen Corporation borrowed $90,000 from the bank on October 1, 2018. The note had an 8 percent annual rate of interest and ma
    10·1 answer
  • According to​ Drucker, the most important time to ask​ seriously, "What do we want to​ become?" and​ "What is our​ business?" is
    13·1 answer
  • Stoneheart Group is expected to pay a dividend of $3.17 next year. The company's dividend growth rate is expected to be 3.9 perc
    6·1 answer
  • Summarize your results of the personality assessment and how you think these elements might help or hinder you as a leader.
    5·1 answer
  • Marcus (20) attends State University and is a qualifying student for the purpose of the American Opportunity Tax Credit (AOTC).
    11·1 answer
  • The MR = MC rule Multiple Choice applies both to pure monopoly and pure competition. applies only to pure competition. applies o
    10·1 answer
  • Which 2 statements are true regarding the multicurrency function in quickbooks online?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!