Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Accounting for ad campaigns:
The owner of a new restaurant has a costly ad campaign in the works for a new restaurant. The new place is still working out the buigs. They've only been open a month or so. The owner will dedicate the full advertising resources to the new restaurant for the next two months.
The company marketing director has suggested that the cost of the campaign be capitalized. In the past the company has used an expense-as-incurred approach to all marketing costs. The owner would like input on the capitalization scheme.
1. Given the focus of the campaign (introducing the new restaurant to the community), do you favor capitalizing the cost of the campaign? Why or why not?
2. What is the advertising industry's stance on the question? How do other courtiers handle the capitalization of marketing costs?
3. Industry figures indicate that advertising effectiveness declines at an annual rate of 20%. How does that statistic affect your recommendations to the owner?
4. If you choose to capitalize, select and defend your choice for amortization term and method.
The company predicts the machine will be used for six years and have a $34,560 salvage value. Depreciation is to be charged on a straight-line basis. On December 31, at the end of its fifth year in operations, it is disposed of.
weve all experienced or heard about the challenges that airlines have been facing. read the zacks investment research
Using the straight- line method. the amount of discountor premiumt o be amortized every intrest period would be''
It wasn’t until the monthly payroll reports were sent to Ken’s supervisor that the error was detected. Ken refused to return the four extra checks. Illustrate what actions should the company take?
forecasting net income using pro forma income statementpro forma income statement at the end of last year roberts inc.
tamra corp. creates one product line. in february 2013 tamra paid 530000 in factory overhead costs. of that amount
question kinkaid co. is incorporated at the starting of this year and engages in a number of transactions. the given
a friend of yours who is not an accountant heard a story on the news about revenue recognition fraud and doesnt
Purchase a new, more advanced machine for $250,000. This machine will require $15,000 per year in ongoing maintenance expenses and will lower bottling costs by $10,000 per year. Should Beryl's Iced Tea continue to rent, purchase its current machine..
computer village sells computer equipmentcomputer village sells computer equipment and home office furniture. currently
The company's fiscal year ends on February 28. Debbie's sold 500 shares of common stock at $6 per share on April 1. Illustrate what impact does the entry to record the April 1 transaction have on total stockholders' equity?
cedars hospital has average revenue of 180 per patient day. variable costs are 45 per patient day fixed costs total
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd