Even if certain conditions are met, an apartment manager cannot exclude the fair market value of free rent from his or her income. Everything that a person owns and has a value, has depreciation. Therefore, these assets should still be declared by the owner. <span />
Answer:
$488.77
Explanation:
Rates : 8%
Sales : 167,500
A/R : 18,500
Days in Year 365
Sales/Day: 458.90
DSO : 40
Industry DSO : 27
(x / 167,500) x 365 = 27
Solve x = 12,390.41
x = This is the sum to be deducted for receivable accounts.
18500 - 12,390.41 = 6,109.59 decrease in Accounts Receivable
6,109.59 x 8% = 488.77
Interest earned and net revenue generated.
Sorry this description is a bit confusing but i couldn't really think of a way to phrase it properly :)
most economists believe that deregulation has the potential to be helpful because the fact that things aren't regulated by the government increases competition in people selling the same wares, which normally ends up lowering the price of that specific good and/or improving the quality of the good drastically (which means more people will be buying, it whatever it may be, which is good for the economy)
Answer:
7. $41,000
Explanation:
7. The company has $40,000 of inventory on December, it further purchased $36,000 of inventory in January. The sales in January amounted to $50,000 out of which 30% is gross profit. The cost of goods sold will be $35,000. The inventory that is destroyed by fire $41,000 ($40,000 + $36,000 - $35,000 ).
Because KFC changed their recipe (the spiciness) for various regions, this shows that multinational firms must develop every new product for potential worldwide distribution.
<h3>What is new product development?</h3>
A new product development refer to a firm process of bringing in a new product to the marketplace.
In conclusion, the development of new product helps in potential worldwide distribution.
Read more about product development
<em>brainly.com/question/7285931</em>