Abusiness purchases a vehicle for $35,000. since the vehicle was advertised for $40,000 the company decided to record the asset at $40,000. this is a violation of which accounting principle? a. relevanceb. historical costc. materialityd. recognition

What has caroline's payment history been like? support your answer with two examples

Explain the relationship between consumers and producers in economic growth and activity

Turtle corporation produces and sells a single product. data concerning that product appear below: per unit percent of sales selling price $ 150 100 % variable expenses 75 50 % contribution margin $ 75 50 % the company is currently selling 5,600 units per month. fixed expenses are $194,000 per month. the marketing manager believes that a $5,300 increase in the monthly advertising budget would result in a 190 unit increase in monthly sales. what should be the overall effect on the company's monthly net operating income of this change?