Answer:
No
Explanation:
Because its better u save 0.3*10=3 dollars but I value my time for $5 for that half an hour and hence its better not to go considering opportunity cost.
If the monthly accounting period ends on Tuesday and the employees worked on both Monday and Tuesday, the month-end adjusting entry to record the salaries earned but unpaid is $840.
For two employees and for two days, the adjustment made was 4 times their per day income.
Total month end adjusting entry will be 2×2×$210 = $840
What is Accounting Period?
- A set period of time, such as a calendar year or fiscal year, is referred to as an accounting period in which income balance of whole month is calculated.
- It is used for performing, aggregating, and analyzing accounting operations.
- The accounting period is helpful for investing because prospective investors can assess a company's success by looking at its financial statements, which are based on a set accounting period.
<h3>What is
Month-End Adjusting Entry?</h3>
- Month-End Adjusting Entry is a record created at the conclusion of an accounting period that allows an income or expense to be recognized in the timeframe in which it is incurred.
- Accruals, deferrals, and estimations are the three forms of Month-End Adjusting Entry that are most frequently used.
<h3>What is Fiscal Year?</h3>
- Companies and governments utilize fiscal years, which are one-year periods, for financial reporting and planning.
- The most typical accounting period utilized to create financial statements is a fiscal year.
- A company's fiscal year is based on 3 determining parameters namely financial reports, external audits, and federal tax filings.
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1. Nikita creates an FSA ID
2. Nikita fills out the FAFSA online.
3. Colleges ask Nikita to verify the information in the FAFSA
4. Nikita rechecks the information she provided and makes a few corrections.
5. In about two weeks, Nikita receives a document called Student Aid Report (SAR)
6. Nikita receives financial aid award letters from various colleges.
Answer:
$1.97
Explanation:
EBIT/9,000 = [EBIT - $25,000*(0.073)] / [9,000 - ($25,000 / $27)]
EBIT / 9,000 = [EBIT - $1,825] / 8074.07
EBIT = $17,739
EPS = [EBIT - $25,000*(0.073)] / [9,000 - ($25,000 / $27)]
EPS = [$17,739 - $25,000*(0.073)] / [9,000 - ($25,000 / $27)]
EPS = $1.97
The correct answer is choice 4, ambient advertising.
Ambient advertising is the practice of placing unusual advertisements or promotion content on items and in areas where consumers would net be expecting to see advertising. This ambient advertising may be in bathrooms, inside refrigerators, or many other areas where you would not expect to see advertising.
