In sociology, these sales workers would be classified as a secondary group.
A secondary group is a group of people whose relationships with one another is impersonal and goal oriented. The group is usually temporary compared to primary group, which is a small social group whose members share personal relationships with one another. Some examples of primary groups are friends and family.
Answer:
$380,800
Explanation:
When an asset is sold, the cost and accumulated depreciation are derecognized from the books. Without the sale of an asset, the depreciation charge for the year would be the only difference between the closing accumulated depreciation from prior year to current year.
Change in accumulated depreciation
= $1253000 - $890000
= $363,000
Accumulated depreciation
= $74900 - $57100
= $17,800
Depreciation
= $363,000 + $17,800
= $380,800
Answer:
The correct answer is (A)
Explanation:
An unearned fee on unearned income is the amount which is added to an account but not received yet. These accounts are usually liability and credit account. It is a liability because it has not received yet. So the general entry of this account is; debit to the cash account and credit to the unearned account.
Answer:
Profit margin
Explanation:
Profit margin = Net profits / Net sales
Company can earn insight into a company's earnings by looking at its sales strategy, pricing structure, and productivity improvements using net profit margin.
