Discuss How Social Media Sites Profit from the Information You

question 55

Essay

Discuss how social media sites profit from the information you provide them.

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Definitions:

Expenditures

Outflows of money or other valuable assets that are paid or incurred as a result of acquiring goods or services.

Acquisition Cost

The total cost that a company recognizes for bringing an asset into its possession, including purchase price, installation charges, and other necessary expenditures.

Salvage Value

The anticipated salvage value assigned to an asset after its period of use concludes.

Double-Declining-Balance

A method of accelerated depreciation that doubles the straight-line depreciation rate.