Bruh nothing gonna happen cus chicken will never be beaten by McDonands.
Answer:
C) 4.2 years
Explanation:
The computation of the payback period is as follows;
As we know that
Payback Period = Initial cost ÷ Annual net cash flow
Here
Initial cost = $278000
Annual net cash flow = Incremental after tax + Depreciation per year
where,
Depreciation per year = (Original cost - Salvage value) ÷ Estimated Life
= ($278,000 - $30,000) ÷ 8 years
= $31,000
Annual net cash flow is
= $35000 + $31000
= $66000
So,
Payback Period is
= $278000 ÷ $66000
= 4.2 Years
So you know how to get the most profit from sales
This indicates that Toronto-Dominion Bank is engaged in "contemporary" kind of control system.
<u>Option: D</u>
<u>Explanation:</u>
Contemporary suggests contributing to the same duration of time and to a better understanding-it is a business environment with a large competitive market that continues to change at a very rapid pace and the holder of such company must be sufficiently qualified to recognize the necessities and innovations that need to be made in business in order to catch the rapid response of businesses.
The defining feature of contemporary control systems is a focus on consistently evaluating the climate of the business and adjusting accordingly. The declaration by Jongeward suggests that the Toronto-Dominion Bank is employed in this kind of regulation.
Answer:
Cash 30,000 debit (+A)
Comon Stock 30,000 Credit (+SE)
furtniture 4,600 debit (+A)
accounts payable 4,600 (+L)
accounts receivables 10,800 debit (+A)
commisions revenue 10,800 (+R)
cash 140 debit (+A)
commisions revenue 140 (+R)
Accounts payable 700 debit (-L)
cash 700 credit (-A)
salaries expense 3,500 debit (+E)
cash 3,500 credit (+A)
Explanation:
Assets (A) and Expenses (E) will icnrease form debit and decrease from credit
Liabilities (L) Revenues (R) and Stochholder equity (SE) will icnrease from credit and decrease from debit
The journal entries must be done considering the rule debit = credit all the times