Answer:
The correct option is;
B. Companies use GAAP when preparing financial statements
Explanation:
Generally Accepted Accounting Principles (GAAP) are the guidelines with regards to the standards, principles, practices and procedures of financial statement compilation by accountants issued by the Financial Accounting Standards Board (FASB). It is a requirement that all publicly quoted companies make use of GAAP for their financial compilation.
GAAP comprises of the generally accepted accounting records reporting and recording methods as well as policy board standards of accounting procedures.
Answer:
The Oscar's fixed costs per month is $2,500
Explanation:
Fixed cost: The fixed cost is that cost in which the amount is remain fixed whether production level change or not, that means it does not have any effect on the production level.
In the given question,
Monthly rent is $2,500 which is fixed so, it would be considered as fixed cost
The per hour pay and electrical bill depend upon the total hours of operation which means if the more hours, the workers are engaged so more pay will be give to them, and more electricity bill come.
And if they are working few hours, than less rate and less electrical bill will be there which reflects the variable cost. So, these cost are considered variable cost. Thu, it would not be included in the fixed cost.
Hence, Oscar's fixed costs per month is $2,500
Answer: $13500
Explanation:
The triple net lease refers to a lease agreement whereby the tenant pays all the property expenses such as property taxes, building insurance, utilities, repairs and maintenance.
Therefore, based on the question given, the expenses to be paid will be:
Property taxes = $5,000
Add: Utilities = $7,000
Add: Repairs & Maintenance = $1,500
Total = $13500
Answer:
The answer is "Option C".
Explanation:
In the given question, the numbering of the choices is missing, which is defined in the attached file please find it.
The slide Thumbnail implies its word used during PowerPoint presentations that denote the slide's tiny edition. It is the smaller version of a larger image that was simply a thumbnail. It has no long since digital image control thumbnails have been used, that's how much PowerPoint utilizes them.
- Hold the slide until the slider is raised instead move it to sixth position to move to sixth position.
- All slideshow software allows a person to click on it and drag a slide only to spot.