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2 years ago

11

Changing the hours of operation for a service business involves the ____ component of the marketing mix. a.product b.marketing c

oncept c.distribution d.price e.promotion

1 answer:

Oksana_A [137]2 years ago

4 0

Answer:

d or b depends on it in depth

Explanation:

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A taxpayer places a $50,000 5-year recovery period asset in service in 2016. this is the only asset placed in service in 2016. a

Charra [1.4K]

50,000×5=250,000
250,000÷4=625,000
250,000-625.000=375.00
Sum=375.00

8 0

3 years ago

Mendrisio Company purchased a piece of machinery for $30,000 on January 1, 2019, and has been depreciating the machine using the

aleksley [76]

Answer:

a. There is no entry required to record the accounting change

b. The journal entry to record depreciation for 2021 would be as follows:

Debit Credit

Depreciation Expense $3,000

Accumulated Depreciation $3,000

Explanation:

According to the given data we have the following:

Sum of year digits=5(5+1)/2

Sum of year digits=(5*6)/2

Sum of year digits=15

Depreciation for year 2019=$30,000*5/15

Depreciation for year 2019=$10,000

Depreciation for year 2020=$30,000*4/15

Depreciation for year 2020=$8,000

Therefore, book value as on january 1, 2021=$30,000-$10,000-$8,000

book value as on january 1, 2021=$12,000

Revised useful life=6 years-2 years=4 years

Therefore, Revised depreciation for 2021=$12,000/4

Revised depreciation for 2021=$3,000

a. There is no entry required to record the accounting change

b. The journal entry to record depreciation for 2021 would be as follows:

Debit Credit

Depreciation Expense $3,000

Accumulated Depreciation $3,000

3 0

2 years ago

What is the effect of a 10 percent price increase on quantity demanded if elasticity is infinite?

Julli [10]

Answer:

Demand drops to zero

Explanation:

Infinite elasticity of demand is also called perfect elasticity of demand.

In this scenario the demand for a product is attached to it's price.

There is an infinite change in the quantity demanded as a result of change in price.

Graphically it is a horizontal demand curve as represented in the attached

Even a small increase in price will cause demand to fall to zero.

Examples are luxury goods such as high end cars and expensive jewelry.

4 0

3 years ago

Pension plan assets were $1,200 million at the beginning of the year and $1,252 million at the end of the year. At the end of th

FromTheMoon [43]

Answer: 4%

Explanation:

From the question, we are informed that Pension plan assets were $1,200 million at the beginning of the year and $1,252 million at the end of the year and that at the end of the year, retiree benefits paid by the trustee were $28 million and cash invested in the pension fund was $32 million.

Based on the above scenario, the percentage rate of return on plan assets goes thus:

Opening balance of plan assets 1200

Add:- Actual return = 48

Add:- contributions = 32

Less :- retiree benefits = -28

Closing balance of plan assets = 1252

It should be noted that the actual return is the balancing figure which is calculated as:

= 1252 + 28 - 1200 - 32

= 48

The percentage rate of return on plan assets will now be:

= 48/1200

=0.04

= 4%

4 0

3 years ago

You want to buy a new sports coupe for $84,500, and the finance office at the dealership has quoted you an apr of 6.6 percent fo

Margaret [11]

Answer: The monthly payment will be $2007.81.

We have:

Cost of the sports coupe (PV) $84,500

Annual Percentage Rate (APR) 6.6%

Loan tenure in months (n) 48

We can find the monthly payment by using the Present value of an annuity formula:

$\mathbf{PV_{Annuity}= PMT * \left ( \frac{1-(1+r)^{-n}}{r} \right )}$

Since APR is a yearly number, we need to convert it into a monthly rate.

So , $r = \frac{0.066}{12} = 0.0055$

Plugging values in the PV formula above we get,

$\mathbf{84500 = PMT * \left ( \frac{1-(1+0.0055)^{-48}}{0.0055} \right )}$

$\mathbf{84500 = PMT * \left ( \frac{1-0.768529253}{0.0055} \right )}$

$\mathbf{84500 = PMT * \left ( \frac{0.231470747}{0.0055} \right )}$

$\mathbf{84500 = PMT * 42.08559028}$

$\mathbf{\frac{84500}{42.08559028}= PMT}$

$\mathbf{PMT = 2007.813112}$

8 0

3 years ago