Ranging from a sole proprietorship to a business corporation, a business corporation in the most complex type of business to form. Corporations are for-profit operations formed under the laws of a particular state and regulated by that state, as well as other agencies depending on what the business does.
Trade company accepted a credit card with a fee for services rendered. this event affects trade company's<u> </u><u>income</u><u> statement, statement of changes in stockholders equity, </u><u>balance </u><u>sheet.</u>
<h3>Income statement</h3>
The event tend to affect income statement because both service revenue as well as credit card expense appear on the income statement.
The event tend to affect statement of changes in stockholders equity because net income is affected by the income and expenditure and it will affect balance sheet because accounts receivable appears on the balance sheet.
Therefore Trade company accepted a credit card with a fee for services rendered. this event affects trade company's<u> </u><u>income</u><u> statement, statement of changes in stockholders equity, </u><u>balance </u><u>sheet.</u>
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The answer would be (D); Setting acceptable costs and then setting the price.
Answer:
1x : 1 6667y
Explanation:
Let :
unit of Rs. 60 per kg = x
Unit of Rs. 72 per kg = y
60x + 72y = 64.5(x + y)
60x + 72y = 64.5x + 64.5y
60x - 64.5x = 64.5y - 72y
-4.5x = - 7.5y
Divide both sides by - 1.5
3x = 5y
x = 5/3y
It could be mixed in the ratio ;
1x : 1.6667y