Answer:
I actually bought the benefit cosmetics roller lash mascara because of an IG influencer's high rating of the product. I don't remember exactly who the influencer was, but she was very popular. I trusted her reccomendation because of her popularity and status. I ended up disliking the mascara, and now I usually only get reccomendations from people I actually know.
Explanation:
Hope this helps!
They arise because goods can sometimes be found only in certain parts of the world. A famous example of this was historically silk which was only found in China and everyone had to pay what the Chinese manufacturers said. It was good for Chinese economy because their merchants and silk manufacturers were rich, and in return the consumers were satisfied because they had the original high quality silk coming straight from China which ensured quality.
The effect of repurchasing stock using the cost method is to Increase Treasury Stock, Decrease stockholders' equity ,Decrease Assets.
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What is Cost Method?</u></h3>
- Certain investments are recorded using the cost method of accounting in a company's financial statements.
- When an investor holds an investment that it has little or no control over—typically described as owning less than 20% of the company—they employ this strategy. On the balance sheet, the investment is listed as an asset at its historical cost.
- The investor lists the investment's cost as an asset. Dividend income is recorded as income when it is received and appears on the income statement.
- Depending on the investor's accounting principles, the receipt of a dividend also boosts the cash flow, either in the investing portion or the operational area of the cash flow statement.
Treasury stock, commonly referred to as treasury shares or reacquired stock, describes previously outstanding stock that the issuing corporation purchases back from stockholders. The effect of repurchasing stock using the cost method increases treasury stock.
Know more about Cost Method with the help of the given link:
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Answer:
The total budgeted fixed selling and administrative expenses for February is $170,400. The answer is D.
The calculation is as follows:
a) Advertising - $50,100
b) Executive Salaries -$60,100
c) Depreciation - $20,100
d) Others - $40,100
Total = $170,400.
Explanation:
To obtain the above answer, we add up all the budgeted fixed selling and administrative expenses, excluding variable elements.
Fixed costs are costs which do not vary according to the level of production or activity.
Since the other elements of cost, e.g sales commision, shipping, and part of advertising are variable, these are excluded in getting the fixed selling and administrative expenses.
