False. it is not true that the strategy that Fascinating Fez is using is the cost focus strategy.
What is the cost focus strategy?This is the term that is used to refer to the strategy that companies would have to use in the attraction of customers to get their products through the reduction of their prices.
This is false because we can see that the question is telling us that the company is very focused in the production of goods that have good quality.
Read more on cost strategy here:
https://brainly.com/question/22426379
#SPJ1
Complete question
Fascinating fez, a 125-year-old hat and cap manufacturer, markets very high-quality stylish headwear, many of which cost more than $1,000 each, to fashionistas globally, always maintaining its reputation of superior value in its narrow market. Fascinating fez is using a cost-focus strategy.
True
False
which is characterized as a drastic and long lasting decline in the economy with high unemployment, falling prices, and decreasing business activity?
Depression is characterized as a drastic and long-lasting decline in the economy with high unemployment, falling prices, and decreasing business activity.
What is business activity?For the ongoing and smooth running of a business, there are various kinds of activities that have been performed by the owner of the business or all the people who are related to that particular business.
These activities come under the category of business activities. Some of the business activities are budget creation, accounting, marketing, relationship building, and many other tasks
Thus, when Depression is detected, there is a decrease in business activity.
Learn more about business activity from here:
https://brainly.com/question/14254734
#SPJ4
walmart has embraced sustainability practices to enhance its relationships with customers and to support or enhance the natural environment. for example, in 2005, walmart started using led lights in refrigerator and freezer cases. these lights offer many benefits, such as using 70 percent less energy than fluorescent tube lights and generating significantly less heat. the switch also led to improved energy efficiency and reduced maintenance costs. based on this information, it seems that walmart is engaging in .
Based on the information, it can be concluded Walmart is engaging in green marketing.
What is green marketing?Green marketing is a current trend in marketing based on green products and sustaintability. This type of marketing involves creating and then advertising products that are considered environmentally friendly or eco-friently.
This is positive for companies, not only because they contribute to the protection of the environment, but also because many customers support companies that use this strategy.
How is the green marketing concept related to Walmart practices?Walmart has apply this marketing strategy as mentioned in "walmart started using led lights in refrigerator and freezer cases" as this shows the company is focusing on sustaintability and eco-friendly products.
Note: This question is incomplete; here are the missing options:
a. eco-marketing
b. environmental marketing
c. cause-related marketing
d. green marketing
Learn more green marketing in: https://brainly.com/question/13414268
#SPJ1
which cleanliness practice should an employee carry out at work? a. eat at their workstation b. avoid washing their hands every time they visit the restroom c. keep all stationery and supplies on their desk instead of in the desk drawers d. wear clean, ironed clothes to work
The cleanliness practice which an employee should carry out at work would be to wear clean, ironed clothes to work.
Practicing cleanliness in the workplace not only creates a healthier environment for the employees but also help companies or organization to become more efficient and productive.
Whereas leftover food, cluttered desks, and waste paper are just some of the most common items that contribute towards a messy workspace. Thus, a research shows that the poor standards of hygiene in workplaces tend to reduce the employees ability to focus on their work, and trigger a negative mindset.
Hence, option D is correct.
To learn more about employee here:
https://brainly.com/question/20242119
#SPJ4
suppose that you are deciding between seeing a move and going to a concert. the movie ticket is $10. you are willing to pay up to $60 for the concert and the ticket costs $50. assuming that going to the concert is the next best thing to seeing a movie, the opportunity cost of going to the movie is: question 4 options: $5 $10 $50 $60
Suppose that you are deciding between seeing a movie and going to a concert. the movie ticket is $10. you are willing to pay up to $60 for the concert and the ticket costs $50. assuming that going to the concert is the next best thing to seeing a movie, the opportunity cost of going to the movie is $ 50.
The opportunity price of attending the concert is what you would have spent the time on as an alternative if you failed to attend the live performance. The opportunity cost of an object is what you give up to get that item. In this case, the possible cost of going to a film consists of each the entire coins expenditure needed to go to the movie plus the fee of the time you gave up so as to watch the movie.
The possible value is time spent studying and that money to spend on something else. A farmer chooses to plant wheat; the possibility price is planting an extraordinary crop or alternate use of the resources land and farm device. A commuter takes the train to paintings in preference to using. whilst an enterprise should pick between extra options that have unique returns.
Learn more about The opportunity here:-https://brainly.com/question/13497419
#SPJ4
According to helium. Com, about what percentage of applicants are eliminated before the job interview due related specifically to the applicant having posting inappropriate comments about previous jobs?.
According to Helium.com, 10% percentage of applicants are eliminated before the job interview due to posting inappropriate and derogatory comments about previous jobs and prior employers.
What exactly is helium gas?Helium (He) is a chemical element and inert gas in Periodic Group 18 (noble gases). Helium, the second lightest element (only hydrogen is lighter), is a colorless, odorless, and tasteless gas that solidifies at 268.9 °C (452 °F).Helium is used to provide an inert protective atmosphere for the fabrication of fiber optics and semiconductors, as well as for arc welding, due to its low reactivity. Helium is also used to detect leaks, such as those found in car air conditioning systems, and because it diffuses quickly, it is used to inflate car airbags after an accident.Helium is a nonrenewable natural resource that is typically extracted from natural gas deposits. Texas, Oklahoma, and Kansas have geologic conditions that make their natural gas some of the most helium-rich in the world (with concentrations between 0.3 percent and 2.7 percent).The noble gases or inert gases of Group 8A (or VIIIA) of the periodic table are helium (He), neon (Ne), argon (Ar), krypton (Kr), xenon (Xe), and radon (Rn). The name derives from the fact that these elements are almost completely inert to other elements or compounds.To learn more about Helium refer to:
https://brainly.com/question/26386481
#SPJ4
you normally stay at home on wednesday nights and study. however, next wednesday night, your best friend is having a big birthday party. what might be the opportunity cost of going to the party?
The value of what you forgo in order to attend the party is known as the opportunity cost. due to you Normally studying at home, the advantage of the party outweighs the potential cost (such as a greater that you would have learned from studying that evening (for homework or a test).
What is meant by opportunity cost?In other terms, opportunity cost is the other option or opportunity you must forgo in order to pursue your preferred alternative. It is, to put it simply, what we have to give up in order to act.
For instance, if you attend your friend's birthday celebration, you will undoubtedly miss your preferred study period for the exam the following day. This may result in a gorgeous crimson "F" on your exam paper, which would be a terrible loss. For this reason, sane people who are aware that they are not intelligent enough to review for the test while intoxicated in five minutes typically opt to stay at home and study. The inability to study for your exam in this instance is a lost opportunity.
To learn more about opportunity cost from given link
https://brainly.com/question/1549591
#SPJ4
the third step of stakeholder impact analysis requires managers to identify the presented by internal and external stakeholders.
The third step of stakeholder impact analysis requires managers to identify the opportunities and treat presented by internal and external stakeholders.
Who are the stakeholders?
Stakeholders are referring to as those individuals that are responsible for the conveyance of invested project.
Moreover, it needs to be noted that they can be considered as the owner or even the shareholder as well as the employees, bondholders and, customers.
However, stakeholders have the direct impact on the operations and finances of particular organization. Without the stakeholders the business will not be able to operate. The stakeholders are necessary for every business because they helpful us to understand where to invest in resources.
Learn more about stakeholder, refer to the link:
https://brainly.com/question/24601429
#SPJ4
Managing for competitive advantage, information technology, and diversity represent key.
Answer: leader concerns
Explanation:
marketing is defined by the american marketing association as group of answer choices the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for clients, partners, and society at large the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, and partners the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large the activity, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large
The American Marketing Association defines marketing as "the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large - True.
What is marketing?Any steps a business makes to draw a target audience to its goods or services through persuasive message is referred to as marketing.
With the long-term objectives of showing product value, fostering brand loyalty, and eventually increasing sales, marketing seeks to offer standalone value for prospects and consumers through content.
Marketing's goal is to continuously study and analyze your target market.
To do this, you should hold focus groups, send out surveys, look into internet purchasing trends, and ask yourself one fundamental question:
"Where, when, and how does our customer want to engage with our business?"
To learn more about marketing, refer
https://brainly.com/question/12396528
#SPJ4
The American Marketing Association defines marketing as "the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large - True.
What is marketing?Any steps a business makes to draw a target audience to its goods or services through persuasive message is referred to as marketing.
With the long-term objectives of showing product value, fostering brand loyalty, and eventually increasing sales, marketing seeks to offer standalone value for prospects and consumers through content.
Marketing's goal is to continuously study and analyze your target market.
To do this, you should hold focus groups, send out surveys, look into internet purchasing trends, and ask yourself one fundamental question:
"Where, when, and how does our customer want to engage with our business?"
To learn more about marketing, refer
brainly.com/question/12396528
#SPJ4
Where does the fdic’s reserve fund come from? a. the fdic has access to federal tax revenue. b. if an insured bank fails, the fdic keeps the money at that bank that is beyond the insured limit. c. a certain amount of money goes directly from the treasury to the fdic’s reserve fund. d. insured banks pay a premium on the money insured.
The federal deposit insurance corporation (FDIC) has access to federal tax revenue and that's from where its reserve fund comes.
The FDIC is a separate entity under the control of the US government. The FDIC safeguards American depositors of insured banks from losing their money in the event that an insured bank fails. Up to $250,000 per depositor for each type of ownership in each unique bank is insured by the FDIC.
Federal Tax Revenue is described as the money raised from income and profit taxes, social security taxes or "contributions," taxes imposed on goods and services, sometimes also referred to as "consumption taxes," payroll taxes, taxes imposed on the ownership and transfer of property, and other taxes.
To learn more about FDIC
https://brainly.com/question/13532487
#SPJ4
the 2-year discount factor is 0.92. what is the present value of $1 to be received in year 2? note: do not round intermediate calculations. round your answer to 2 decimal places.
The 2-year discount factor is 0.92. The present value of $1 to be received in year 2 is $ 0.92.
Given :
Amount receivable is $ 1.00
2 year discount factor is 0.92
Present value 1*0.92 = $ 0.92
The process of raising money or capital for any form of spending is referred to as finance. It involves directing different sources of funding, such as credit, loans, and investment money, to the businesses that can use them most effectively.
To learn more about discount factor click the given link
https://brainly.com/question/7459025
#SPJ4
Martha kept her hard earned money in a savings account. She just found out that her bank was giving a high interest rate for certificates of deposit. This enticed martha to remove money from her savings account and into a certificate of deposit. This is a case of
The money Martha worked so hard for was put in a savings account. She only recently discovered that her bank offered high interest rates on certificates of deposit. As a result, Martha decided to transfer funds from her savings account to a certificate of deposit. In this scenario, This is the case of nominal interest rate
The interest rate before accounting for inflation is referred to as the nominal interest rate. The term "nominal" can also refer to the advertised or stated interest rate on a loan, which excludes any fees or interest compounding. Short-term nominal interest rates are set by central banks and serve as a benchmark for other interest rates imposed by banks and other financial institutions.
To learn more about Nominal interest rates here
https://brainly.com/question/13324776
#SPJ1
An active primary market for the creation of new securities and the presence of plenty of buyers and sellers are all most indicative of _____.
an efficient monetary policy
a national economy
a competitive marketplace
sound financial management
An active primary market for the creation of new securities and the presence of plenty of buyers and sellers are all most indicative of a competitive marketplace. Thus, option C is correct.
What is the market?Markets are places where individuals, businesses, and industries transact, whether it be for the purpose of purchasing, producing, or providing services. they use it n order earning profits.
As there are various suppliers in the market, there is a face lot of people have various options from which the person could buy.
Customer competition is fueled by a competitive market. This implies that consumers struggle among others to purchase a commodity, particularly when inventory is low. Therefore, option C is the correct option.
Learn more about the market, here:
https://brainly.com/question/13414268
#SPJ1
extract data from systems and create reliable data models and dashboards that help communicate key messages to the business.
The information is frequently represented in charts, graphs, and maps in BI dashboards, which makes it easier for stakeholders to comprehend, share, and work together on the information.
What is data dashboard ?
Business intelligence dashboard design combines charts and graphs on a single screen, giving the reader a comprehensive view of the scenario under consideration. BI dashboard tools do not have a fixed, predetermined nature; instead, they adapt to the demands of the individuals who create them by displaying metrics relevant to their role, industry, or platform.
Such dashboards can have a variety of characteristics, including a customized interface, some amount of interactivity, and the ability to pull data in real-time from numerous sources. They simplify data processing for our brain and provide readers with an at-a-glance summary of the data by allowing the user to visualize otherwise complex and dense raw data.
A professional BI dashboard example is provided below:
To learn more about business intelligence dashboard from below
brainly.com/question/15447014
#SPJ4
Word count - 127 words
What are some of the duties of people with careers in business analytics?
Answer:
Calculating numbers for their respective and particular business rates.
Analyze data for their business and organize important documents.
As well as regulate sales rates and analyze statistics for the company. Hope this helps ! best of luck!
is converting flight tickets to a commodity such that one person pays more than another for the same flight and seating area a valid business model? if so what is the overhead associated with tracking these cash inflows? is this possible without computers? is this a misuse of computer technology and human resources?
Cash from financing for maximum organizations consists of computer technology received from loans and drawing down credit traces. Financing cash may also be raised with the aid of promoting inventory or ownership in the employer, or by way of issuing bonds and promoting them to traders.
Humans are in reality worried approximately misuse and abuse of technology. Society states that net uses result in intimidation or chance to people in addition to allowing clean piracy through supplying the infrastructure to unlawful music or computer technology and plagiarism.
Unauthorized use or misuse of state belongings or statistics which includes electronic information. Willfully or negligently unfavorable or defacing kingdom facts, kingdom belongings, or other men and women's property.
Net addiction and elaborate internet use A loss of management over one's net intake can lead to a lower in physical and mental well-being, with associated signs and symptoms such as misery, anger, loss of control, social withdrawal, familial conflicts, and others pushing humans in the direction of isolation.
Learn more about computer technology here:-https://brainly.com/question/24912812
#SPJ4
A detailed record of all increases and decreases that have occurred in a particular asset, liability, or equity during a period.
An in-depth report of all increases and decreases that have occurred in a selected asset, liability, or equity at some point in duration is known as an account.
A liability is something someone or an organization owes, typically a sum of money. Liabilities are settled over time through the transfer of financial advantages such as cash, items, or offerings. liability is defined as the kingdom of being liable for something or something that a person is answerable for. An instance of legal responsibility is someone having to pay returned pupil loans. An instance of liability is the price of an automobile coincidence.
Liability is any money owed to your business enterprise, whether or not it is bank loans, mortgages, unpaid payments, IOUs, or some other amount of money that you owe a person else. if you've promised to pay someone an amount of cash in the future and haven't paid them yet, it is a liability.
Learn more about Liability here:
https://brainly.com/question/25012970
#SPJ4
Determine the tax liability, marginal tax rate, and average tax rate in each of the following cases.
Determine the tax liability, marginal tax rate, and average tax rate in each of the following cases.
a) Single taxpayer, taxable income of $33,862.
b) Single taxpayer, taxable income of $83,877.
SOLUTION
the required details about tax liability, marginal tax rate, and average tax rate are mentioned below
a) Tax Liability= $3,875
Marginal Tax Rate= 12%
Average Tax Rate= 11.44%
b) Tax Liability= $14,420
Marginal Tax Rate= 24%
Average Tax Rate= 17.19%
Tax liability is what?
Tax liability is the total amount of tax that people and companies owe to the federal, state, and local governments in a specific time frame. Tax liabilities are short-term obligations for firms that are listed on a balance sheet and paid off within a year.
The amount that a person, company, or other entity owes to a federal, state, or local tax authority is known as their tax liability.
to know more about tax liability
https://brainly.com/question/7409145
#SPJ4
a seller wants to net $55,614 from the sale of her house after paying a 7% commission. her minimum sales price will have to be?
In a situation wherein a seller wants to net $55,614 from the sale of her house after paying a 7% commission, her minimum sales price will have to be at least $59,800. Therefore, the option C holds true.
What is the significance of sales price?Sales price can be referred to or considered as the price at which goods or services are being sold by a seller in the market. Usually, the sales price is higher than the cost price.
When the net returns desired by a seller is $55,614, and the commission is at 7%, then the sales price shall be 55614 / 0.93 = $59,800.
Therefore, the option C holds true regarding the significance of sales price.
Learn more about sales price here:
https://brainly.com/question/20106496
#SPJ4
The question seems to be incomplete. It has been added below.
A seller wants to net $55,614 from the sale of her house after paying a 7% commission. Her minimum sales price will have to be?
$55,341
$59,506
$59,800
$63,000
1. Look at the image below. In 250 words, write your opinion about the picture.
Answer: might be a tiger with Visual merchandising
Explanation:
bert is ceo of an organization with many layers in the chain of command. he is looking for ways to reduce these layers so that he can communicate more directly with the first-line employees. what organizational communication barrier is he trying to overcome?
Bert is CEO of an organization with many layers in the chain of command. He is looking for ways to reduce these layers so that he can communicate more directly with the first-line employees. Long lines of communication barrier is trying to overcome.
What are the chain of command in a employer?
A chain of command is an organizational structure that documents how every member of a agency reports to one another. On the pinnacle of the chart will be the founder, owner or CEO, and the folks who record to them might appear directly underneath.
What's the reason of chain of command?
A chain of command offers right avenues of communication. It allows for participants to present and get hold of facts. While used properly, it's far each simple and powerful. All orders and commands should be issued thru the chain of command.
What is chain of command in management?
A chain of command is that ladder of authority in which senior managers in a organization deliver directions and control junior personnel. The chain of command is critical in business as it enables provide guidelines for reporting employees' relationships from the lower cadre to the top. The chain is also crucial in decision-making.
Learn more about chain of command here:- https://brainly.com/question/28109443
#SPJ4
The election of john f. Kennedy to the presidency of the unites states ushered in _____, a period during which the federal government continued to work with sub-national governments, particularly by transferring funds via categorical grant programs.
The election of john f. Kennedy to the presidency of the unites states ushered in Pound Cake Federalism, a period during which the federal government continued to work with sub-national governments, particularly by transferring funds via categorical grant programs.
Dual federalism, also referred to as layer-cake federalism or divided sovereignty, could be a political arrangement during which power is split between the federal and state governments in clearly defined terms, with state governments exercising those powers accorded to them without interference from the national. Dual federalism is defined in contrast to cooperative federalism ("marble-cake federalism"), during which federal and state governments collaborate on policy.
Learn more about Dual federalism.
https://brainly.com/question/17352495
#SPJ4
concepts like value and relationship marketing are important in designing an organization's marketing program because such a program is what connects the organization to its blank .
Concepts like value and relationship marketing are important in designing an organization's marketing program because such a program is what connects the organization to its customers.
Below you can read further to understand more on customer relationship Management.
What is Customer Relationship Management?Customer relationship management refers to the process in which a business or other organization interacts with customers, typically using data analysis to study large amounts of information.
This also involves the process of nurturing positive relationships with your customers.
Learn more about Customer Relationship Management at https://brainly.com/question/21299183
#SPJ1
when a store hires a new worker, which arena of exchange is involved—the factor market or the product market
When a store hires a new worker the Factor market is involved, because production factors are traded.
What is Factor market?
Economists refer to all of the resources that firms utilize to buy, rent, or hire the equipment they use to generate goods or services as the "factor market." The factors of production—raw materials, land, labor, and capital—are what are required to meet these needs. The input market is another name for the factor market.
Businesses invest in resources to manufacture goods and services on a factor market. People travel to product markets, also known as goods and services markets, to buy finished goods.
To learn more about product markets click on the link below:
https://brainly.com/question/8936323
#SPJ4
factors associated with validity of consumer-oriented wearable physical activity trackers: a meta-analysis
To examine which factors contribute to differences among the validity evidence of consumer-oriented wearable physical activity trackers when compared to energy expenditure, the following factors were selected as moderators: (1) brand, (2) placement of device, (3) activity used to determine criterion-related validity
Customer-orientated marketing strategy includes the use of consumer and goal marketplace studies to apprehend customer wishes and behaviors, then tailoring the perfect technique to connecting with, and changing them.
A great example of consumer orientation in regard to products is Apple. In truth, apple is almost constantly coming out with new products that clear up clients' wants and needs before they even specific them. Apple has ended up known for looking forward to and even dictating customer desires.
Learn more about consumer orientation here: https://brainly.com/question/380037
#SPJ4
the type of industry in which an organization operates is something that managers must consider when trying to understand a situation. this is an example of
The type of industry in which an organization operates is something that managers must consider when trying to understand a situation. This is an example of a contingency. Thus, option E is correct.
What is the industry?A manager is someone who is in charge of overseeing or managing an organization.
He or she is an acting leader who assists in creating goals and assigning tasks, and he or she also displays certain leadership qualities that aid in the smooth operation of the organization.
If there are special situations appearing in a business while operating or in the market, then the managers should have a contingency plan made or have to make it on an immediate basis that would help in considering and understanding the situation on a much better level.
In some companies, there are already plans that are being made in the market. Therefore, option E is the correct option.
Learn more about industry, here:
https://brainly.com/question/4363767
#SPJ4
The question is incomplete, the complete question is :
The type of industry in which an organization operates is something that managers must consider when trying to understand a situation. This is an example of
a. synergy.
b. a circle of causality.
c. structure.
d. a subsystem.
e. a contingency.
on october 1, eder fabrication borrowed $60 million and issued a nine-month, 12% promissory note. interest was payable at maturity. prepare the journal entry for the issuance of the note and the appropriate adjusting entry for the note at december 31, the end of the reporting period.
55,110,929 in cash; debit
55,110,929 in credit notes
Promissory note with discounted interest to be recorded
debt 1.583.741,77 in interest
Credit Card Amount Due: 1.583.741,77 Note
—to record interest that has accrued on a payable note —
What is interest ?The cost of borrowing money is known as interest, and it is typically stated as a percentage, such as an annual percentage rate (APR). The rate of inflation, the length of the loan, the availability of funds, and the risk of default are important variables that determine interest rates. Ownership in a business can alternatively be expressed as interest.
The sum of money paid for using someone else's money is known as interest. The $20 you earned this year on your savings account is an example of interest. The $2000 in interest you paid on your home loan this year is an example of interest.
To learn more about interest from the given link:
brainly.com/question/13324776
#SPJ4
How are “Consumer Reports” and “Consumer Research Magazine” different from other publications?
[Economics]
Consumer Reports” and “Consumer Research Magazine” are different from other publications as it provides information based on reviews of consumer products.
What is Magazine?A magazine is a type of book that contains content related to different segments it includes food recipes, traveling blogs, innovative ideas from different cultures, and the importance as well as fashion tips for experts and celebrities.
Consumer Reports magazine publishes in-depth analyses of a variety of consumer goods. Consumers may rely on the publication for unbiased product reviews.
Other publication provides spicy news to increase their reader rather than providing qualitative updates for consumers.
Learn more about Magazine, here:
https://brainly.com/question/20910446
#SPJ1
the process of predicting what the market would pay for a company's investments and bonds is .
The process of predicting what the market would pay for a company's investments and bonds is called a valuation.
Valuation is a quantitative process which determines what the market would pay for a company or its assets like investments and bonds. They may be valued on an absolute basis or on a relative basis compared to similar companies or assets. An analyst does this by placing value on many metrics.
Methods of valuation may differ and may provide different answers. Some methods that may be employed are Fundamental analysis, capital asset pricing model (CAPM) and dividend discount model (DDM).
The other options are incorrect because:
An appraisal is just an estimation of the market value of a company or its assets and is only used as a pricing guide.Financial management is the practice of planning, obtaining, managing and administering funds in a business.Assessment is the act of judging the value, amount or importance of a thing.You can learn more about bond values at
https://brainly.com/question/26376004
#SPJ4
The complete question is given below:
" the process of predicting what the market would pay for a company's investments and bonds is .
ValuationAppraisalFinancial ManagementAssessment "topher owns and operates a gym. in 2022, he purchased and placed the following new assets into service for his business: march 17, a $1,700 sound system. july 4, a $500 desk. september 2, a $2,000 computer. he did not opt out of bonus depreciation. what is the total 2022 depreciation for the desk? $89 $117 $250 $500
Depreciation for the desk is $500.
Computation of total 2022 Depreciation for the desk:
According IRS Provisions for assets Placed onwards 2018 to 2022 for Qualifying assets, The bonus depreciation can be claimed up to 100% of cost for asset, If bonus depreciation did not opt out.
In the given case Topher did not opt out of bonus depreciation, so he is eligible for 100% of cost of desk. Hence total Depreciation for dusk is $500.
What is Depreciation?Depreciation is an accounting technique for spreading out the expense of a tangible item over the course of its useful life. How much of an asset's value has been used is shown through depreciation. It enables businesses to purchase assets over a predetermined length of time and generate income from those assets.
The immediate cost of ownership is greatly lowered because businesses do not have to fully account for them in the year the assets are purchased. A company's profits can be significantly impacted by not accounting for depreciation. Long-term assets can also be depreciated by businesses for tax and accounting reasons.
Depreciation is comparable to amortization, which takes into account the increase in value of intangible assets over time.
To learn more about the, Depreciation visit:
https://brainly.com/question/14682335
#SPJ4