Answer:
Need not make any special disclosure
Explanation:
The reason is that it is not a parent-subsidiary transaction which means if the group as a whole trade with each other then they must add a special disclosure in the financial statement otherwise it must be neglected. The company must not specially disclose small borrowings from the lenders when it is presenting that figure in the financial statement borrowing figures. If the transaction is between the group or the borrowings are prominent it must be disclosed separately in the note to financial statement.
Answer:
Option 1 and 2
Explanation:
Complete Question
Which scenarios can be considered effects of Sole Sister Shoe Store choosing to sell dress shoes over sneakers?
CHECK ALL THAT APPLY.
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High school athletes stop shopping there.
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The inventory of sports socks goes unsold.
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Publicity for the store declines.
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Profits decline because dress shoes cost less than sneakers
Solution
Sole Sister Shoe Store chooses to sell dress shoes over sneakers because the customers of sneakers stopped shopping from the store. Sneakers are mainly purchased by the high school athletes over any other footwear. Now, they stopped shopping and hence Sole Sister Shoe Store started selling dress shoes
Also, sports socks' inventory is unsold indicating the reduction in sale of sneakers and hence the Sole Sister Shoe Store started selling dress shoes
Answer:
1) AGI = $112,400
2) Taxable Income = $80,600
Explanation:
Ed's Salary = $35,000
Jane's Salary = $70,000
Municipal bond interest income = $400
Qualified business income = $1,000
Alimony paid (for AGI deduction) = $7,000
Real property tax (from AGI deduction) = $10,000
Charitable contributions (from AGI) = $15,000
The total gross income for Jane and Ed = $70,000 + $35,000 = $105,000
1) Their AGI (Adjusted Gross Income) = $105,000 + $400 + $7,000 = $112,400
2)Their taxable income = $112,400 - $24400 - $7000 - $400 = $80,600
I think small stuff makes such a difference for businesses because you have to take risk if you want to be successful and with those little risks the businesses are successful
Answer:
multiplying the number of physical units by the percentage of completion.
Explanation:
Project management can be defined as the process of designing, planning, developing, leading and execution of a project plan or activities using a set of skills, tools, knowledge, techniques and experience to achieve the set goals and objectives of creating a unique product or service. Generally, projects are considered to be temporary because they usually have a start-time and an end-time to complete, execute or implement the project plan.
The fundamentals of Project Management includes;
1. Project initiation
2. Project planning
3. Project execution
4. Monitoring and controlling of the project
5. Adapting and closure of project.
It is very important and essential that project managers in various organizations, businesses and professions adopt the aforementioned fundamentals in order to successfully achieve their aim, objectives and goals set for a project.
An equivalent unit is calculated by multiplying the number of physical units by the percentage of completion.
