For every $1,000 of widgets Tanner sells, he receives a ______ of 10%, or $100.
A. bonus
B. commission
C. merit pay
D. piecework
B. commission
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On January 1, 2018, the Regal Company purchased 30% of the outstanding voting stock of the Air Corporation for $300,000; the book value of Air's net assets at the date of purchase was $900,000. Regal was willing to pay more than the book value of the acquired shares because Air's depreciable assets with a ten-year remaining life were undervalued. Regal uses straight-line depreciation. During 2018, Air reported net income of $75,000 and paid dividends of $30,000.Regal has elected the fair value option to account for equity method investments. The fair value of the Air investment as of December 31,2018 was $295,000. The carrying value of the Air investment on December 31, 2018 was
A. $295,000 B. $313,500 C. $300,000 D. $310,500
The proportion of ad impressions resulting from the user engaging with an advertisement either by clicking on it or running the mouse over it is:
A) length of engagement B) click-through C) dwell time D) dwell rate
The first phase of market planning is to ________
A) identify a target market B) calculate production costs C) develop a value chain D) determine a market position E) analyze the marketing environment
Assume that an investment group owns a high-rise, oceanfront condominium building that it rents unfurnished to tenants. The group purchased the building five years ago from a construction company. At that time, it expected the building to have a useful life of 40 years. Explain the procedures you might follow as the investor group's accountant to ascertain the measurement amount for this building
under each of the following approaches: a. Acquisition cost. b. Adjusted acquisition cost (reduced for services already consumed). c. Current replacement cost. d. Net realizable value. e. Fair value.