Answer:
$24,000
Explanation:
Since in the question it is given that the 3% of credit sales is considered to be a bad debt expense
where,
Credit sales is $800,000
And, the estimated percentage is 3%
So by considering this above information, the amount debited to bad debt expense is
= $800,000 × 3%
= $24,000
All the other information i.e to be given is not relevant. Hence, ignored it
Answer:
Thus, indirect taxes have both advantages and disadvantages, but no one can deny that they are important to generate revenue. While direct taxes can be collected from the rich, indirect taxes give an opportunity to the poor to contribute in their own small way. So both have their own place in the economy.
Explanation:
I hope this helps
The answer is: [A]: " Nov. "
________________________________________________________
Answer:
Intervention
Explanation:
Structural change is defined as a change to corporate structure that can be as a result of internal or external factors and affects the mode of operation of the company.
Intervention are measures taken to improve organisation structure and processes.
It seeks to minimise negative effects and maximise effectiveness of the organisation.
This is the ideal stage for formal and organisational change to occur.
New systems can be put in place that will remove inefficiency in the business.
Answer:
$92.000
Explanation:
<h2>1. The first step is to calculte the operating profits for the year 2020, following the next formula </h2>
(Revenues - costs) = Operating Profits.
<h3>YEAR 2020 </h3>
Revenues 2.650.000
Costs 2.150.000
--------
Operating profits 500.000
<h2>
2. Same indications for the next year.</h2>
<h3>YEAR 2021</h3>
Revenues 2.915.000
Costs 2.323.000
--------
Operating profits 592.000
<h2>
3. Calculate the diference between 2021 and 2020. </h2>
<em>592.000 - 500.000 = 92.000</em>
