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3 years ago

Social network marketing is thought of as being earned and is not a strategy for which a company has to pay. False or True

Business

1 answer:

Butoxors [25]3 years ago

8 0

Answer:

True

Explanation:

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Compton Inc. made a $500 ordinary repair to a piece of equipment. Compton's accountant debited this amount to the asset account.

wariber [46]

Answer:

b) No, the correct entry would be a debit to Maintenance and Repairs Expense and a credit to Cash.

Explanation:

Any expense will be capitalized when it increases the capacity and efficiency of the asset. A routine repair cost is incurred in order to keep the asset operational to generate income for the business.

To record the repair cost we need to debit the Maintenance and Repairs Expense and crediting cash ( assumed cash payment is made for the repairs ). We should not capitalize this cost by debiting the asset cost account.

8 0

2 years ago

_____ involves assembling, packing, labeling, checking and actually moving goods to customers by the best possible means in term

amm1812

Production or distribution is the correct answer

6 0

2 years ago

Match each of the global business practices with an example of its use.

ArbitrLikvidat [17]

a . Offshoring : A U.S. car company begins making some of its car parts in Bangladesh

Offshoring occurs when a company takes some of its processes to services to another country or countries in order to take advantage of the lower cost conditions prevailing there.

b. Outsourcing: A U.S. car company hires a South Korean company to make its tires.

Outsourcing refers to the practice of procuring products or services from an overseas or foreign supplier instead of obtaining them from a domestic supplier.

c. Insourcing: A Japanese car company opens a factory in the United States

Insourcing refers to the practice of using its own personnel and resources to accomplish its task.

6 0

3 years ago

If 11 workers can produce a total of 54 units of a product and the 20 worker has a marginal product of six units what is the ave

Rufina [12.5K]

Answer:

If 11 workers can produce a total of 54 units of a product and the 20 worker has a marginal product of six units what is the average product of 12 workers?

11 workers= 54 units

12 workers= ?

12 x 54/11= 59 units

Explanation:

7 0

3 years ago

At its inception, Peacock Company purchased land for $50,000 and a building for $220,000. After exactly 4 years, it transferred

Viktor [21]

Answer:

Selvick company should record the building at $220,000 and accumulation depreciation of $44,000

Explanation:

The computation of deprecation is shown below:

Depreciation = (Original cost - salvage value) ÷ useful life

where,

Original cost is $220,000

Salvage value is 0

And, the useful life is 20 years

Now put these values to the above formula

So, the answer would be equal to

= $220,000 - 0 ÷ 20

= $11,000

And, the accumulated depreciation would be

= Depreciation × number of years

= $11,000 × 4

= $44,000

we ignored other information which is given in the question, as we have to compute the depreciation through Straight line method.

Hence, Selvick company should record the building at $220,000 and accumulation depreciation of $44,000

7 0

3 years ago