A liability (such as salaries payable) will be increased. Expenses are increased. Net income is reduced.
<h3>What is liability?</h3>
What a person or business owes is known as a liability, and the amount owed is typically monetary. The transmission of economic rewards, such as money, products, or services, settles liabilities over time. Having to pay anything to someone else under the law is known as having a liability. To pay for a business's continuous operations, liabilities are incurred. Accounts payable, accumulated costs, owed wages, and owed taxes are a few examples of liabilities.
What your business has that has the potential to generate future financial benefits are its assets.
What you owe other people is your liability. To put it simply, assets increase your financial security while liabilities decrease it.
Obligations aren't always a terrible thing. Some loans are taken out to buy new equipment, such as machinery or automobiles, which aids small businesses in running and expanding.
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Answer:
Zoie
The minimum amount the company should accept if Product 1 is sold at the split-off point is:
= $30,000.
Explanation:
a) Data and Calculations:
Product 1 Product 2
Allocated joint processing costs 21,200 35,700
Sales value at split-off point 38,100 19,200
Costs of further processing 17,000 19,900
Sales value after further processing 30,000 28,300
The minimum amount the company should accept if Product 1 is sold at the split-off point is $30,000.
b) Further processing of Product 1 does not make economic sense. Zoie should sell the product at split-off point at $38,100. Similarly, based on the facts provided, Product 2 hardly deserves further processing.
Answer:
Pick the right job. First things first, it's important to know what kinds of jobs you could be doing abroad.
Be picky with your program provider.
Take time for logistics.
Health and safety first.
Pack half the stuff and take twice as much money.
Explanation:
hopefully this helps you
The deep-rooted and pervasive beliefs and stereotypes held by Chinese car buyers toward different brands illustrate the importance of assessing marketing factors when entering foreign markets. The Chinese judge other non-Chinese brands simply because they are NOT Chinese. They believe that these brands have substandard quality, thus, they don't like buying them.
Answer:
UN agencies in Nepal:
Food and Agriculture Organization (FAO) International Fund for Agricultural Development (IFAD) International Labour Organization (ILO) International Organization for Migration (IOM)
Explanation:
