Answer:
-$35
Explanation:
The computation of the change in net working capital is as follows:
Net working capital = current assets - current liabilities
For 2014,
net working capital i s
= ($3,135 - $1,545)
= $1,590
And,
for 2015,
net working capital is
= ($3,100 - $1,545)
= $1,555
So, the change in net working capital is
= ($1,555 - $1,590)
= -$35
Banking, that's something the government can't tax at all. Its your personal account.
Accumulate sales, direct expenses, indirect expenses by department toggle button Accumulate sales, direct expenses, indirect expenses by department.
<h3>What is direct expenses?</h3>
A direct expense is one that is proportional to the volume of a cost object. Any item for which you are assessing expenses, including as items, product lines, services, sales areas, workers, and consumers, is referred to be a cost object.
Thus, option A is correct
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Answer:
A. As operating expenses on the income statement in the period incurred
Explanation:
In Variable Costing, Both Fixed Manufacturing Costs and Non - Manufacturing Costs are treated as Period costs. In Absorption Costing, only Non - Manufacturing Costs are treated as Period costs.
Period Costs can be found under operating expenses on the income statement in the period incurred.
Examples include Advertising, Rentals, Selling and Distribution and any Administration costs.
