A fixed price is for a fixed scope of work
Answer:
The cash a/c is debited as it is an asset for the business and the capital a/c is credited as it is a liability for the business according to the business entity concept.
Answer:
move to a place where his welding skills will be valued and in demand in the marketplace
Explanation:
If Nick wants to maximize his human capital (Labour) and his wealth accumulation (income) and since he got unemployed since their is high unemployment in his town and region, he needs to move or relocate somewhere else where he can get a job to maximize his Labour and earn an income
Answer: The answer is Net income $180,000
Explanation:
All star Exposure
Monthly income Statement
$ $
Sales. 475,000
Less: Expenses
Sales commission 42,000
Technology cost 71,000
Research & Development cost 140,000
Selling Expenses 12,000
Administrative Expenses 30,000
---------------------
(295,000)
---------------------
Net income. 180,000
-----------------------
The All star income statement has no line item for cost of good sold because cost of good sold is a direct cost incurred by All star Exposure on the goods sold. it does not appear as part of the expenses in the income statement.
Answer:
Not sure but I think is B. again not sure
Explanation: