The Bargain Dollar Company owns a chain of department stores.Costs for the department store in Cleveland,Ohio are listed below.Identify each cost as one of the following:
_____ 1.Property taxes on Cleveland store
_____ 2.Sales supervisor's salary in Cleveland store
_____ 3.Depreciation expense on store fixtures in Cleveland store
_____ 4.Corporate-level advertising costs
_____ 5.Temporary sales staff wages in Cleveland store
_____ 6.Cost of merchandise sold in Cleveland store
_____ 7.Local advertising costs for Cleveland store
_____ 8.CEO salary
Definitions:
Affiliated Group
A collection of related companies that function as a single economic entity through shared ownership and control.
Subsidiary Inclusion
The process of integrating a subsidiary company's financials into the parent company's financial statements.
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