Answer:
Check the explanation
Explanation:
Computing the amount of Compensation expenses <u><em>(which sometimes can comprise of the salaries, payroll taxes, recruiting costs, benefits and bonuses. it is generally an important or integral part of a company's day to day costs)</em></u> for 2022 and 2023 are as follows
Compensation expense for 2021 = 12000000*$2*1/3 = $8000000
Compensation expense for 2022 = 12000000*95%*$2%*2/3 - 8000000 = $7200000
Compensation expense for 2023 = 12000000*95%*$2*3/3 - (8000000+7200000)
= $7600000
Answer:
<em><u>Performance </u></em><em><u>of </u></em><em><u>the </u></em><em><u>product</u></em>
<em>The </em><em>user </em><em>of </em><em>the </em><em>perspective</em><em> of</em><em> </em><em>quality</em><em> </em><em>judge</em><em> </em><em>a </em><em>product</em><em> </em><em>based </em><em>on </em><em>how </em><em>well </em><em>the </em><em>product</em><em> </em><em>performs </em><em>it's </em><em>intended </em><em>function</em><em>.</em><em> </em>
Answer: Full Disclosure Principle
Explanation:
The Full Disclosure Principle is a principle in Accounting that aims to be keep the relevant business information as transparent as possible. The principle therefore requires that all information relating to the business be disclosed so that the stakeholders in the business will be able to reasonably understand the operations of the business.
As only financial data can be reported in financial statements such as cash related activities in the Cashflow Statement, the principle requires that important noncash financing and investing activities be reported on the statement of cash flows or in a footnote so that the readers of the statement will not have any missing information.
Answer:
Inventory= $1,890
Explanation:
Giving the following information:
Tamarisk, Inc. just began business and made the following four inventory purchases in June:
June 1: 162 units $972
June 10: 216 units $1512
June 15: 216 units $1728 (1728/216=8)
June 28: 162 units $1458 (1458/162=9)
A physical count of merchandise inventory on June 30 reveals that there are 216 units on hand.
FIFO (first-in, first-out)
Inventory= 162*9 + 54*8= $1,890
Answer:
1.60 percent
Explanation:
exact real rate of return on this investment = interest rate - inflation rate
total revenue gotten by Christina = ( 500 × $ 64.25) + $ 738 = $ 32863
total money invested = 500 × $ 62.30 = $ 31150
her profit = $ 32863 - $ 31150 = $ 1713
interest = $ 1713 / $ 31150 = 0.054992 × 100 = 5.4992 %
exact interest rate = 5.4992 % - 3.9% = 1.5992 approx 1.60 percent