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navik [9.2K]
2 years ago
11

Your company has recently requested that you travel to Dhaka, Bangladesh, to work on negotiations for a new factory to be locate

d in one of the port cities. Your travel agent provides a list of several hundred local hotels and a Sheraton. In this case, the Sheraton brand-name is likely to be used as a signal of
Business
1 answer:
lesantik [10]2 years ago
5 0

Answer:

quality when quality cannot be easily judged

Explanation:

Based on the information provided in this scenario it seems that the Sheraton brand-name is likely to be used as a signal of quality when quality cannot be easily judged. Meaning that the company included the Sheraton hotel along with the list of other hotels because they do not know the quality of that specific hotel in that specific location, even though "Sheraton" is known worldwide as a luxury hotel business.

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Popular Company utilizes a calendar year as its fiscal year and depreciates plant assets using the straight-line method. On Janu
makvit [3.9K]

Answer:

$2,000

Explanation:

where the cost of the delivery truck is $28,000 and a useful life of 5 years with a salvage value of $3,000,

Annual Depreciation = \frac{28000-3000}{5000}

= \frac{25000}{5}

= 5000

Therefore,

After year 1 which is by January 1st, 2019

Net book value of the truck = $28,000 - $5,000

                                              = $23,000

After year 2 which is by January 1st, 2020

Net book value of the truck = $23,000 - $5,000

                                              = $18,000

After year 3 which is by January 1st, 2021

Net book value of the truck = $18,000 - $5,000

                                              = $13,000

After year 4 which is by January 1st, 2022

Net book value of the truck = $13,000 - $5,000

                                              = $8,000

If the useful life of the asset is extended to 7 years from 5 years, the number of years remaining for the asset as at January 1st, 2022 would be extended from 1 year to 3 years.

Therefore, where the residual value is $2,000

Depreciation per year for the remaining 3 years

=   (8000 - 2000)/3

= 6000/3

= 2000

Popular Company would report $ 2,000 as depreciation expense for the year ended December 31st, 2022.

3 0
3 years ago
Using XXs for amounts, give the journal entry for each of the transactions, assuming perpetual inventory. (If no entry is requir
lawyer [7]

Answer:

Journal entries

Explanation:

1. Cash Dr XX

             To Sales revenue XX

(Being the cash sales is recorded)          

Since the cash is received so we debited the cash as it also increases the assets and the sales revenue would be credited as it an income for the company

2. Cost of goods sold XX

                To Merchandise inventory XX

(Being the cost of goods sold is recorded)

While calculating the cost of inventory we debited the cost of goods sold and credited the merchandise inventory

1. Account receivable Dr XX

             To Sales revenue XX

(Being the cash sales is recorded)          

Since the sales is made on account so we debited the account receivable  as it also increases the assets and the sales revenue would be credited as it an income for the company

2. Cost of goods sold XX

                To Merchandise inventory XX

(Being the cost of goods sold is recorded)

While calculating the cost of inventory we debited the cost of goods sold and credited the merchandise inventory

3 0
3 years ago
During the current year, Corporation G received $30,000 in dividends from a 60%-owned taxable domestic corporation. G received n
Leni [432]

Answer: 8,950 hope this helps can you plz tell me if it wong so i  can se what i did wong

Explanation:

7 0
3 years ago
The period of time that is ideal to achieve the success of a new product is the:
Sever21 [200]

Firms often lunch products periodically. The period of time that is ideal to achieve the success of a new product is the Launch window.

<h3>What is product launch windows?</h3>

Most firms often have a narrow product launch windows. In this type of window, there is a limited  product life cycles.

Organizations due to the fact that they known the consequences behind  missing the optimum point for a new product to be launch, they often take a the right and proactive steps toward the timing of product introductions to the market.

Learn more about Launch window from

brainly.com/question/8842371

8 0
2 years ago
Edgar accumulated $5,000 in loan debt. If the interest rate is 20% per year and he does not make any payments for 2 years, how m
hodyreva [135]

Answer:

Edgar

The amount he will owe on this debt in 2 years for quarterly compounding is:

= $7,387.28

Explanation:

Accumulated loan debt = $5,000

Interest rate per year = 20%

Period of loan = 2 years

Interest compounding = quarterly

From an online financial calculator:

N (# of periods)  8

I/Y (Interest per year)  20

PV (Present Value)  5000

PMT (Periodic Payment)  0

Results

FV = $7,387.28

Total Interest $2,387.28

3 0
3 years ago
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