A hybrid system is a modification of the multiple-channel system in which members of the channel system perform complementary functions

Equipment was purchased for $24,000 on January 1, 2016

The equipment's estimated useful life was five years, and its residual value was $4,000. The straight-line method of depreciation was used. Calculate the gain or loss on sale if the equipment is sold for $18,000 on December 31, 2016, the end of the accounting period. Prepare the journal entry to record the sale of equipment. What will be an ideal response

Which of the following elements of the marketing communications mix refers to any paid form of nonpersonal presentation and promotion of ideas, goods, or services by an identified sponsor via print, broadcast, network, electronic, and display media

? A) advertising B) personal selling C) sales promotion D) direct marketing E) public relations