Answer: (B) Legal responsibility
Explanation:
The legal responsibility is one of the type of legal duty based on some laws and it basically helps in creating the foundation of the different types of values in an organization.
The legal responsibility plays an important role in an organization or any company as it helps in ensure all the legal formalities done by the company with the supplier, manufacturer or deals with the other company.
According to the given question, the Rizenton-pharm is one of the type of pharmaceutical company that producing the various types of chemical waste on regular basis that affect the government regulations and also environment. So, the pharm has flailed for fulfill their legal responsibility.
Therefore, Option (B) is correct answer.
Okay. So Joan receives 25% commission on the profits of the cars she sells. She got $8,870 on the profit last month. To find the commission, let’s multiply the amount of profit by the percentage. 8,870 * 0.25 is 2,217.5. There. Joan earned $2,217.50 in commission last month.
Answer:
D. Revenues will be debited, expenses will be credited, and retained earnings will be credited.
Explanation:
It is provided that, revenues are much more than expenses, therefore the net difference of revenues and expenses will be transferred to retained earnings.
Retained earnings balance will increase as the net income is more.
Therefore, retained earnings will be credited.
further to reverse and close the entire revenues and expenses account it will be reversed, that is
Revenues will be debited and expenses will be credited.
Therefore, correct answer is
D. Revenues will be debited, expenses will be credited, and retained earnings will be credited.
Answer:
All of them.
Explanation:
For considering the annuity formula we can determinate all the proposed factor:
C represent II the amount of each cash flow
r = represent the discopunt rate
while time or "n" represent the numebr of cashflow we have to calcualte the present value.
The timing refer wether the payment are made at the beginning or end of the period.
When made at the beginning it is an annuity-due
and the (1+r) factor multiplies the previous formula to represent the addtional period of capitalization each cashflow has or the one period less to discount for each cashflwo in cases of prresent value.
