Answer:
Food technologists are responsible for the safe and efficient development, modification and manufacture of food products and processes.
Explanation:
Answer:
No, taking into account the pandemic, companies should not reduce their leverage, as this would make it very difficult for small and medium investors to invest in a context of lack of income and shortage of available circulating money.
Therefore, leverage implies the possibility for investors to access the necessary funds to be able to invest their money, without the need to dispose of their savings or the money they use for essential activities.
Answer:
$63,750 and $80,500, respectively.
Explanation:
Operating income : 255,000 x 0.25 = 63,750
Discontinued: 67,000 x 0.25 = 16,750
The Operation Income will be disclosure the pre-tax incoem tax expense adn after-tax result
While, the discontinued operation will be disclosure after-tax therefore it will not be stated in the income statement their amount of income tax
However, the company will have to pay those taxes the total income tax will be the sum of both.
Answer:
C) credit Sales Tax Payable for $21
Explanation:
Based on the information given In the same transaction, they must also CREDIT SALES TAX PAYABLE FOR $21 Calculated as:
First step is to calculate the sales tax element
Sales tax element = $371*6/106
Sales tax element= $21
Now let calculate what the Price exclusive of sales tax would be
Price exclusive of sales tax=$371-$21
Price exclusive of sales tax= $350
The correct journal entry should be:
Dr Cash $371
Cr Sales revenue $350
($371-$21)
Cr Sales tax payable $21
Answer:
Explanation:
1)Use spreadsheet for the required computations. Enter values and formulas in the spreadsheet as shown in the image below.
2)The obtained result is provided below.
