Answer:
The correct option is C. which is <em>assess how long a company with positive cash flows from financing activities can continue to operate</em>
Explanation:
<em>The ratio of cash to monthly cash expenses can be used to make assessment of a company whether how long it can determine without additional financing and positive cash flows generated from operations.</em>
The formula of The ratio of cash to monthly cash expenses
= Cash s of year end ÷ Monthly Cash Expenses
A unilateral contract
With each cup of coffee purchased, the cashier punches a space. The card can be used to redeem a free coffee once all ten spaces have been punched. This serves as an illustration of a unilateral contract.
-Unilateral contract - A unilateral contract explicitly states that payment will only be provided in exchange for performance by one side. A prize or a competition is another illustration of a unilateral contract. In a unilateral contract, the offeror has the right to withdraw it prior to the offeree's commencement of performance. Usually, the revocation must be made in writing. An insurance policy contract, which is typically only partially unilateral, is an illustration of a unilateral contract. The offeror is the sole party having a contractual responsibility in a unilateral contract. Most unilateral agreements are one-sided.
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Answer:
Continuous Innovation.
Explanation:
This is simply known go be continuous improvement which explained as development to produce a positive result over time.
It is an iterative process of incorporating both modest, incremental and radical revolutionary improvements in processes, product designs, services and technologies.
Continuous innovation seeks not to just fulfill expectations but also create products and services that provide only imagined functions or even entirely unexpected revolutionary changes.
Answer:
Robinson's deferred income tax expense or benefit for the current year would be $6,700
Explanation:
The computation of the deferred income tax expense or benefit for the current year is shown below:
= Deferred tax expense - adjustment of tax based on the tax rate
where,
Deferred tax expense = (Favorable temporary differences - unfavorable temporary differences) × corporate tax rate
= ($50,000 - $20,000) × 21%
= $6,300
And, the adjustment of tax equals to
= Net taxable temporary difference × (Tax rate - corporate tax rate)
= $100,000 × (34% - 21%)
= $13,000
Now put these values to the above formula
So, the value would equal to
= $6,300 - $13,000
= $6,700
Answer: The answer is B, the logical activity base for salary expenses is Number of employees.
Explanation:
For a restaurant, the logical activity base for salary expenses is the number of employees because the more employees you have, the more salary expenses the company will have.
