Answer:
marketing systems are always evolving
Explanation:
Answer:
net income = $199,000
Explanation:
In order to calculate net income, we will first start with EBIT or income from operations and then subtract income tax expense, loss from sale of investments and finally income taxes:
- EBIT = $415,000
- Interest expense = $71,000
- Loss from sale of investments = $87,000
- Income tax expense = $58,000
- Net income = $199,000
Answer:
There are various significant accounting policies which are governed by IFRS and GAAP framework.
Explanation:
The significant accounting policies are revenue recognition, inventories accounting cost or NRV, Property plant and equipment, goodwill recognition and others. These policies are governed by accounting frameworks such as GAAP and IFRS. Both of these frameworks have differences in accounting treatment.
Answer:
In fact these loans are basically short term loans which do not require any collateral pledging to get its approval. ... Instead, the criterion for availing these loans is very simple.
