This partnership is that they are not taking a chance that a bigger problem may occur because they are indirectly setting the ethics code for their firm. They had the right decision because if they hire illegal workers, then it will just damage their business.
Answer:
recognize a liability and an expense in its financial statements.
Explanation:
Contingent liability refers to a liability that arises in some unpredictable future event. In this, the amount is expected or predicted.
Here in the question the actual occurrence would be categorized also its amount would be predicted so the same is to be recorded as a liability and recorded as an expense in the financial statement i.e. balance sheet & income statement
Answer:
$56,950
Explanation:
We will calculate the operating cash flow as follow;
OCF = {[($55 - $28.62) 8,500 ] - $170,000} × (1 - 0.35) + ($62,000 × 0.35)
= {[$224,230] - $170,000} × 0.65 + ($21,700)
= $35,249.5 + $21,700
= $56,950
Therefore, the operating cash flow is $56,950
Option F, Air
Explanation:
The value to weight of an item is an indicator of the financial value per kilogram or kilo of an item. It is an important step for the development and strategy of the distribution chain.
If it is decided whether the cost savings in total inventory holding costs should be compared with savings on cost by means of cheaper transportation when shipments are made by sea, taking longer, than by air, usually the shorter one.
The diamonds and coal are a different example of the weight ratio. They are two types of carbon but they are of very different weight ratios. For diamonds, air and private jet charter can be well justified, depending on the size and value of the shipment.
