Answer:
The answer is : to Update the balance of Retained Earnings and prepare revenue, expense, and dividend accounts for next period's transactions
Explanation:
The closing entries is to set the accounts' balance of temporary account to zero by transferring these balance to other permanent accounts at the end of the accounting cycles.
Temporary accounts includes accounts of revenues and expenses and dividend payment. Permanent account is Retained Earnings.
As Revenues and expenses are recorded for an accounting period, their balances should be all transferred to Retained Earnings account, together with the dividend payment during the period, to determined the ending balance of Retained Earning account at the end of the accounting period.
Once the closing entries has been recorded, the balance of all revenues and expenses, dividend payments accounts will be set back to zero at the start of next account period for recording revenue and expenses taken place in that period only. While Retained Earning Balance will show how much accumulated Earnings a firm retained since the start of its business.
<span>It's probably C. It's measurable</span>
Answer: c.Reject the investment if it returns less than 15% ROI.
Explanation:
Additional investments should yield incremental returns if they are to be accepted. In the previous year, Division A had an Return on Investment of 15%, when an additional investment is being considered, it must bring in more than that 15% if it is to be accepted.
Therefore, if an investment is to give a less than 15% ROI, it should be rejected as it is not bringing additional returns for the Division.
Answer: (3) An indirect marketing channel
Explanation:
An indirect marketing channel is one of the type of business process in which the various types of organizations and companies are promoting their products and the services in the market by using the indirect method.
When we using the indirect marketing channel for the purpose of distribution the products in the market it is basically going through some additional type of steps for passing some information related to the products so that the customers are get attracted.
According to the question, the given example of the priceless creations is best illustrating abut an indirect marketing channel. Therefore, Option (3) is correct answer.
Answer:
48%
Explanation:
100 x 55 = 5500, 85/55/10 x 10^6 /10^4 + 32.5454545455 = 48
