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ArbitrLikvidat [17]
1 year ago
14

You are evaluating your current portfolio of investments to determine those that are not performing to your expectations. You ha

ve all of the companies' most recent annual reports.
Required:
For the following, indicate where you would locate the information in an annual report. (Hint: The information may be in more than one location.)
(c) Accounts receivable.
Business
1 answer:
Illusion [34]1 year ago
6 0

Accounts Receivable are located on the asset side of the balance sheet as the current asset.

Accounts receivable are the formed when company allows buyers to purchase on credit. it is the money owed by the company from its buyers.

It helps in the determining the company's strength by determining the accounts receivable ratios.

It is treated as current asset because it is liquid in nature as money due to the company is received in short time period.

It is recorded in the balance sheet because it is obligation for the customers to pay their debts to the company.

To know more about accounts receivables:

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The contribution margin approach helps managers in short-term decision making because it ________
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The simplified method of computing home office expenses limits the number of home office expenses allowed to a fixed amount regardless of the amount of business income or the size of the home office.

<h3>How do you calculate home office deductions?</h3>

A business owner can calculate the home office deduction in two ways: regular and simplified. The regular method would require you to use Form 8829 to calculate your deduction, which would include figures for the area of your home and the total hours it was used for business purposes, your business income, and other business expenses.

If you itemize deductions and use the simplified method for a taxable year, you can deduct home expenses that would otherwise be deductible as itemized deductions on Form 1040 or 1040-SR, Schedule A, without reducing these expenses by the amounts allocable to the simplified method.

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8 0
11 months ago
Are you a successful entrepreneur essay in economics year 12​
fgiga [73]

Answer:

Entrepreneurship is the name given to the factor of production which performs the functions of Enterprise. In economics, Land, Labour, Capital, Organisation and Enterprise are the five factors which are thought to be the basis of all the production activities.  Entrepreneurship in a broader sense can be considered as a process of action undertaken by an entrepreneur (Person) to establish his enterprise. It is a creative and innovative response to the environment.  Entrepreneurship can be described as a creative and innovative response to the environment. Such responses may take place in any field of social endeavour may be business, agriculture, social work and education etc.

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3 0
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