Answer:
The correct answer is: contribution margin income statement.
Explanation:
The contribution margin income statement organizes costs by behavior and not by function thus it is not used for financial reporting. The variable expenses are deducted from sales to be recorded at a contribution margin. Fixed expenses are subtracted from the net profit obtained at the end of the accounting period.
Option D
The process Brenda conducted is called personal risk management.
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Explanation:</u></h3>
Personal Risk Management is the means of implementing risk management systems to the requirements of unique consumers. It is the manner of recognizing, including, and managing personal risk, accompanied by performing the execution plan and monitoring variations over time.
Pure risks are insurable because their prospects can be estimated accurately suitable for the risk to be quantified, which indicates it can be valued, purchased, and traded. Personal Risk Management is based on the idea that the kind of an insurance program should nevermore be limited than the nature of what it guards.
Answer:
Book value= $33,008
Explanation:
Giving the following information:
On January 1, 2016:
Purchase cost= $50,710.
Residual value= $4,700
Wasson uses the units-of-production depreciation method.
The vehicle will be driven 107,000 miles.
2016= 10,700 miles
2017= 18,700
First, we need to calculate the depreciation of 2016 and 2017, using the following formula:
Annual depreciation= [(original cost - salvage value)/useful life of miles]*miles
2016= [(50,710 - 4,700)/107,000]*10,700= $4,601
207= 0.43*18,700= $8,401
Book value= depreciable value - accumulated depreciation
Book value= 46,010 - (4,601 + 8,401)= $33,008
Answer:
C. the degree to which employees identify with the organization they work for and its goals
Explanation:
Organizational commitment -
It refers to the bond or the commitment , that the employees have with the organisation , is referred to as organizational commitment .
As the committed employees have a good bond with the company , and tries to work hard and efficiently with the company , in order to grow and be successful .
Hence , from the given question ,
The correct option is c.
Answer:
correct option is c) decrease retained earnings by $372 million
Explanation:
given data
income tax expenses = $372 million
actual amount of taxes paid = $412 million
solution
we know that in deferred tax asset taxable income is higher than the financial income
while in deferred tax liability taxable income is lower than the financial income
and we have given expense report is $372 million
and tax paid is $412 million
so the transaction reduce retained earning with same amount
so here correct option is c) decrease retained earnings by $372 million
