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Dmitry [639]
2 years ago
14

The American Marketing Association defines a ________ as "a name, term, sign, symbol, or design, or a combination of them, inten

ded to identify the goods or services of one seller or group of sellers and to differentiate them from those of competitors."
A) copyright
B) trademark
C) slogan
D) brand
E) logo
Business
1 answer:
NikAS [45]2 years ago
4 0

Answer:

It would be b or trademark

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Machinery purchased for $66,000 by Metlock Co. in 2016 was originally estimated to have a life of 8 years with a salvage value o
7nadin3 [17]

Answer:

Debit : Depreciation Expense   $4,510

Credit : Accumulated Depreciation $4,510

Explanation:

Straight line method charges a fixed amount of depreciation for the period the asset is used in the business.

<em>Depreciation expense = (Cost - Residual Value) ÷ Estimated Useful life</em>

therefore

Annual Depreciation Expense = ($66,000 -  $4,400) ÷ 8

                                                  = $7,700

2016

Annual Depreciation Expense = $7,700

2017

Annual Depreciation Expense = $7,700

2018

Annual Depreciation Expense = $7,700

2019

Annual Depreciation Expense = $7,700

2020

Annual Depreciation Expense = $7,700

2021

Beginning Accumulated depreciation Balance = $38,500

<u>Calculate New Depreciable amount</u>

Depreciable amount = Cost - Accumulated depreciation - New Salvage Value

                                   = $66,000 - $38,500 - $4,950

                                   = $22,550

<u>Calculate New Useful Life</u>

5 years have already expired so the remainder out of the new 10 years is 5 years

<u>Calculate New Depreciation Expense</u>

Depreciation Expense = $22,550 ÷ 5 = $4,510

6 0
2 years ago
On January 1, 2020, the Oriole Company had $2,990,000 of $10 par value common stock outstanding that was issued at par and Retai
amm1812

Answer:

Oriole Company

Journal Entries:

July 1:

Debit Cash Account $2,336,000

Credit Common Stock $1,460,000

Credit Paid-in In Excess of Common Stock $876,000

To record the issuance of 146,000 shares of common stock, par $10 at $16 per share.

December 15:

Debit Retained Earnings $445,000

Stock Dividends Payable $445,000

To record the declaration of a 10% stock dividend.

Explanation:

a) Stockholders of record on December 31, 2020:

Number of shares in issue at beginning 299,000

Number of shares issued on July 1          146,000

Total                                                          445,000

10% of 445,000 = 44,500 shares

b) Stock Dividends declared on December 15 will result to the issuance of 44,500 shares to stockholders.  To finance this stock dividend, the Retained Earnings account is debited while the Stock Dividends Payable is credited.  When the shares are issued on January 15, the Stock Dividends Payable (Distributable) will be debited and the Common Stock credited with the par value.  The market price of $17 does not affect the company's records.

8 0
2 years ago
Mike is the Director of Human Resources for a 120-employee family-owned manufacturing firm. Mike has been quite busy the last ye
inn [45]

Answer:

A. Assuming that employees would understand the content of the PowerPoint slides

Explanation:

One of the most common mistakes that can be made is assuming that the receiver on the other end of the communication chain would understand quite well, what message, you as the sender, is passing across.

In the scenario cited in the question above, the new benefit offerings that have been developed after the overhauling, of which Mike has taken his time to explain in a power point presentation just few months before employees would be required to enroll for the program, must have been misunderstand by the employees. The multiple emails reveals that the employees do not really understand the content, and this comes as a surprised to Mike. We can infer that Mike must have made the mistake of assuming that the employees would understand the content of the PowerPoint slides.

3 0
2 years ago
Cold Boxes Ltd. has 100 bonds outstanding (maturity value = $1,000). The nominal required rate of return on these bonds is curre
pentagon [3]

Answer:

correct option is c.4%

Explanation:

given data

maturity value = $1,000

nominal rate of return r = 10 percent  = 5 % semi annually = 0.05

mature time t = 5 years  = 10  semi annually

current market value = $768

solution

we apply here present value formula that is

present value = coupon rate × maturity value × \frac{1-(1+r)^{-t}}{r} + \frac{mature\ value}{(1+r)^{-n}}   ..............1

put here value and we get

$768 =  coupon rate × $1000 ×  \frac{1-(1+0.05)^{-10}}{0.05} ×  \frac{1000}{(1+0.05)^{-10}}

solve it we get

coupon rate  = 1.99549 %  Semi-annual

so here annual coupon interest rate is = 2 × 1.99549 %

annual coupon interest rate is 3.99 = 4%

so correct option is c.4%

8 0
2 years ago
The Camino Real Landfill was required to install a plastic liner to prevent leachate from migrating into the groundwater. The fi
tensa zangetsu [6.8K]

Answer:

25.25%

Explanation:

With a fill area of 50,000m^{2}, and an installed liner cost of $8, the total cost of installation = 50,000 * 8 = $400,000.

Annual average annual cost = $400,000/4 = $100,000 (since the fill area is adequate for 4 years).

Estimated annual revenue = P_{p}* V_{p} +P_{d}* V_{d}+P_{c}* V_{c}

(P = Price, V = Value, p = Pick Up, d = Dump Truck, c = Compactor Truck)

= (10*2,500) + (25*650) + (70*1,200)

= $125,250.

Therefore, annual rate of return = \frac{125,250}{100,000} - 1 = 25.25%.

7 0
2 years ago
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