Answer:
Explanation:
journal entry will Jenson use to correct the error
Date Account Titles And Explanation Debit Credit
Computer $400,000
Accumulated depreciation ($100,000 × 2 years) $200,000
Retained earnings ($400,000 - $200,000) $200,000
Annual depreciation = (Cost - Salvage Value) / 4
= ($400,000 - 0) / 4
= $100,000
The correct option is b.) profitability ratios
Ratios that provide valuable information to shareholders are profitability ratios.
<h3>What is profitability ratios?</h3>
Profitability ratios are a type of financial metric that is used to evaluate a company's ability to generate profits relative to its revenue, operational costs, balance sheet assets, as well as shareholders' equity over time, utilizing data from a single point in time.
Some key features regarding the profitability ratios are-
- Profitability ratios are comparable to efficiency ratios, which take into account how well a corporation uses its assets from within to earn revenue (as opposed to after-cost profits).
- Profitability ratios show how well a company is generating profit & value for its shareholders.
- Higher ratio outcomes are frequently more favorable, but when compared to similar company results, the company's own past results, or the industry average, these ratios provide significantly more information.
To know more about profitability ratios, here
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The answer is: A.Healthful
A workplace would be categorized as 'healthful' if it is designed to ensure the health and wellness of the people that work on the site.
In united states, all of the safety requirement in the workplace is being overlooked by an organization called Occupational Safety and Health Administration. They create list of requirements that must be followed by employers and conduct daily investigation to ensure that all workplaces that operate maintain a healthful standard.
Explanation:
when a payment is made the entries recorded are debit prepaid expenses
