Answer: The primary purpose of a mission statement is to state the reason for the existence of the business. The correct answer is D.
Explanation:
A mission statement is an important part of a businesses values. Every company should have a mission statement for their employees and their customers. The mission statement should be positive and set achievable goals for the future of the business. In the statement, a description of the location of the business should be included. The statement can include what types of customers are wanted and needed for the business to thrive.
A list of things that should be considered are the health of all the workers,
Bro that’s all I can think of :((
Answer:
Account Balance in margin account:
Investment = $6,000 (100 x $60)
The customer's account will first increase with an unrealized gain of $2,000 ($80 - 60 x 100) on the next day. It will then decrease with an unrealized loss of $2,000 ($80 - 60 x 100) on the day after. This cancels the earlier unrealized gain.
Explanation:
The customer's investment will now show a balance of $6,000 with a contra account showing a debt of $3,000 for the balance of the Regulation T margin account. According to investopedia, "A margin account is a brokerage account in which the broker lends the customer cash to purchase stocks or other financial products. The loan in the account is collateralized by the securities purchased and cash, and comes with a periodic interest rate."
Answer:
True
And you know What is the meaning the trade-off?
A decision is made between one or more options. A trade-off is all alternatives given up when choosing one option. The other other alternatives in that decision are the trade-offs. Therefore, every decision involves trade-offs.
Good luck
Answer:
Net amount of accounts receivable that should be included in current assets:
= Accounts receivable - Allowance for doubtful accounts
= $256,000 - $8,000
= $248,000
The journal entry is as follows:
Bad debt expense[$8,000 - $1,000] A/c Dr. $7,000
To Allowance for doubtful accounts $7,000
(To record the bad debt expense)