Answer:
Barkley Company
Change of Useful Life of Equipment:
Depreciation calculation should now be based on 7 years (10 - 3).
Explanation:
The useful life of an asset is an accounting estimate of the number of years it is likely to remain in service for the purpose of generating cost-effective revenue for the entity.
As an estimate, it is based on judgement, and can be changed to reflect reality. When a change in the useful life is considered necessary, the new useful life is determined and the number of years the asset had been used is subtracted from the new estimated useful life to determine the remaining useful life of the asset. This remaining useful life is now used to calculate the depreciation expense.
Assuming the entity uses the straight-line method, the book value less salvage value, if any, is divided by the new useful life to determine the depreciation charge for each remaining year.
Answer:
utility power
Explanation:
In simple words, the location of the house has been said to be in a prominent region, it gives the house a competitive advantage over other units, also the house has been maintained and restructured bu the seller so that it looks more good and healthy.
The subject unit has been restructured in a way that it satisfied all the needs of the buyer, thus, it brings a lot of utility power to the market in respect of its value.
<span><span>To search for information about cars would be Kelly’s
next step in the consumer decision process. The </span>consumer decision-making process is
composed of five steps that can be a guide for marketers to understand and
communicate effectively to consumers.<span> These steps are following:</span></span>
<span><span>
1.</span><span>Need recognition</span></span>
<span><span>2.</span>Information search</span>
<span><span>3.</span>Evaluations of
alternatives</span>
<span><span>
4.</span>Purchase</span>
<span><span>5.</span>Post-purchase behavior. </span>
Answer:
This question lacks answers. Here they are:
A) Early adopter
B) Early majority
C) Innovator
D) Late majority
E) Laggard
Answer is B) <em>Early majority </em>
Explanation:
These are the adoption categories. They measure how inclined a customer is to adopting a new product or technology. Each category describes the main aim and goal of the customer when trying the new product.
Naturally, all categories are on the gradual scale:
Innovators -> Early adopter -> Early majority -> Late Majority - > Laggard
with the <em>innovator</em> being the group that is adopting the product immediately after launch, while the <em>laggard</em> is very change-resistant, rarely making choices regarding the adoption of something new.
The thinnest line is probably the difference between <em>early adopters</em> and the <em>early majority</em>. Early adopters are not as fast as innovators when it comes to product adopting and they are often doing it because of coolness or the "wow" factor of the product. Although the time of adoption for the early majority is the same or a little bit longer than early adopters, the key difference is that the early majority puts functionality over coolness when something is new and ready for adoption.
In this example, Ariana want to receive great functionalities for the given money, so she turns to ratings, reviews and recommendations from early adopters and innovators (Eric). Eventually, when it is determined that the product proves its value, the early majority adopts it.
Answer:
1. fixed and indirect
2. variable and direct
3. variable and direct
4. fixed and indirect
5. fixed and indirect
6. variable and direct
Explanation:
<u>Fixed and variable costs</u>
A fixed cost is expected to be constant for a short term period whilst a variable cost is expected to vary in direct proportion to the number of units produced in this case it is the individual classes.
Depreciation expense on classroom building and on computers is a fixed cost that is expected to remain constant and the instructor wage varies with the number of classes thus a variable cost.
<u>Direct and Indirect costs</u>
A direct cost can be directly traced to the cost object by observation whist the indirect cost can not be directly traced on a cost object.
The instructors wage is a direct cost, his effort is seen with the success of the classes whist the depreciation expenses are indirect costs.
