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3 years ago

The economic survey 2018 suggest that the psychological biases

Business

1 answer:

lilavasa [31]3 years ago

3 0

Answer: (a) Legal and social dimension

Explanation:

The Legal dimension of the business environment deals with laws and regulations governing the business environment. Tax compliance will therefore fall under this dimension.

The social dimension includes social structures like culture, tradition and the like. Using religious norms will therefore fall under here as religion falls under social structures.

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After several profitable years running her business, Ingrid decided to acquire the assets of a small competing business. On May

umka2103 [35]

Answer:

question

1. how much amortization expense on the goodwill can Ingrid deduct in year 1, year 2, year 3?

2. In lieu of the original facts, assume that Ingrid purchase only a phone list with a useful life of 5 years for $16,500.

How much amortization expense on the phone list can Ingrid deduct in year 1, year 2 and year 3?

Explanation:

The explanation is shown in the file attached. Thank you i hope it helps

Download docx

3 0

3 years ago

Arista always spends 20 % of her income on whatzits. Assume that her income increases by some percentage while the price of what

miskamm [114]

The income elasticity in this case is 1.

Explanation:

In Economics, the income elasticity of demand gauges the responsiveness of the amount requested for a decent or administration to an adjustment in income. It is determined as the proportion of the rate change in amount requested to the rate change in pay.

Income Elasticity of Demand (YED) is characterized as the responsiveness of interest when a purchaser's salary changes. It is characterized as the proportion of the adjustment in amount requested over the adjustment in salary.

7 0

3 years ago

Why do most people think of marketing as merely selling or advertising and how is this view limiting?

zysi [14]

Because marketing has a huge range. Generally, people regard it as just simple a place where people sell or purchase goods.
In my opinion, this kind of view will limit people's mind. I mean, people do not have a good awareness of what marketing is and what business is.

8 0

3 years ago

Brace Corporation uses direct labor-hours as the cost driver in its normal costing system. Brace budgeted that it would use 21,6

arsen [322]

Answer:

total estimated overhead costs for the period= $515,095.2

Explanation:

First, we need to calculate the allocated overhead:

Under/over applied overhead= real overhead - allocated overhead

20,440 = 506,920 - allocated overhead

allocated overhead= $486,480

Now, we can determine the predetermined overhead rate:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

486,480= Estimated manufacturing overhead rate*20,400

Estimated manufacturing overhead rate= 486,480/20,400

Estimated manufacturing overhead rate= $23.847 per direct labor hour

Finally, the estimated overhead for the period:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

23.847= total estimated overhead costs for the period/21,600

total estimated overhead costs for the period= 21,600*23.847

total estimated overhead costs for the period= $515,095.2

4 0

3 years ago

Assume that IBM leased equipment that was carried at a cost of $67,000 to Crane Company. The term of the lease is 5 years Decemb

maw [93]

Answer:

Date Account Title Debit Credit

Dec. 31, 2019 Lease Receivable $97,001

Cost of Goods sold $67,000

Sales Revenue $97,001

Inventory $67,000

Date Account Title Debit Credit

Dec. 31, 2019 Cash $22,879

Lease Receivable $22,879

4 0

3 years ago