A niche market is the subset of the market on which a specific product is focused. The market niche defines the product features aimed at satisfying specific market needs, as well as the price range, production quality and the demographics that it is intended to target. It is also a small market segment.
Answer: The normal balance of the accumulated depreciation account is a credit balance. Therefor the statement is false.
Explanation: The accumulated depreciation account holds a credit balance in the company's balance sheet . It is the contra asset account. The accumulated depreciation states assets wear and tear and the assets useful life. when an assets are sold or put out of the use the accumulated depreciation will be reversed. It is a kind if an expenses. The accumulated depreciation is used to calculate assets in the book value. Accumulated depreciation can never exceeds the assets cost.
Depreciation is recorded in income and expenditure account.
Learn more about Accumulated Depreciation
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Answer:
Authoritarian leadership style
Explanation:
In Authoritarian leadership style, the leader or the head of the team imposes expectations and expects definite results from the team members. An advantage of this form of leadership is that the team can excel with good guidance. At the same time, the disadvantage of Authoritarian leadership style is the forceful impositions of assigned work. Constrained periods provided in the completion of the work reduces the employees interest in the work.
In the given situation, the Authoritarian leadership style has been used. The person delegates the work to the employees and wants an immediate response towards it.
Answer:
1. $46,000
2.$46,000
Explanation:
According to the scenario, computation of the given data are as follows,
Inventory price = 230,000 pesos
1. Consolidated balance sheet amount = Inventory price × Rate on November 1, 2017
= 230,000 × $0.20
= $46,000
2. Consolidated statement cost of goods sold for the year ending December 31, 2018 = Inventory price × Rate on November 1, 2017
= 230,000 × $0.20
= $46,000
