Answer:
the depreciation that should be charged over the useful life each year is $20,000
Explanation:
The computation of the depreciation expense using the straight line method is shown below:
= (Purchase cost of an equipment - residual value) ÷ (useful life)
= ($135,000 - $15,000) ÷ 6 years
= $120,000 ÷ 6 years
= $20,000
hence, the depreciation that should be charged over the useful life each year is $20,000
Answer:
The correct answer is option d.
Explanation:
The fixed costs incurred in the production process of a good or service is the cost incurred on the fixed factors. These factors cannot be varied in the short run.
Fixed cost does not depend on the level of output. It does not change with the change in the volume of output.
In the given example, the cost incurred on the composition typesetting and jacket design for the book does not change with the volume of output. So these costs are the foxed cost involved in publishing a book.
<span>the process or system by which goods and services are produced, sold, and bought in a country or region.</span>
Answer:
ADVERTISING REGULATIONS
Explanation:
Advertising as an industry may be subject to legal legislation, but it could not be forbidden because it is not inherently unsafe or a drain on resources per se. The right to indulge in any legal private enterprise or occupation protects the right to promote it, and it is an expensive asset right to promote one's goods and services.
Most states have passed laws that vary considerably regarding deceptive advertising. The Federal Trade Commission (FTC) Legislation, as well as the Lanham Act, are indeed the major federal laws regulating misleading advertising. Underneath the FTC Act, misleading advertising comprises advertising that makes portrayals that the ad company does not have reasonable grounds to assume, even if the portrayals are true.
Answer:
ASRC advertising self regulatory council
