Answer: The _youth_ of an organizational life cycle is characterized by growth and the expansion of organizational resources.
Explanation:
Answer:
The computer's OS is a well-known example of system software. Widely used operating systems include Microsoft Windows, Mac OS and Linux.
Answer:
This implies Bolster Soda collects receivables more effectively and quickly than Castor Soda in the two years.
Explanation:
The accounts receivable turnover ratio refers to an accounting ratio that is used to show the how effective a firm is in collecting the receivables or money its clients are owing it.
This implies that accounts receivable turnover ratio is used to determine the extent to which a firm ie effectively managing the credit it gives to customers and how quickly the firm collects that that short-term debt.
The formula for calculating the accounts receivable turnover ratio is as follows:
Accounts receivable turnover ratio = Net credit sales / Average accounts receivable
When the accounts receivable turnover ratio is high, it implies that the company is efficient is collecting debt and a high percentage of its cutomers are paying up their debts.
The account receivable turnover ratios in the question therefore imply Bolster Soda collects receivables more effectively and quickly than Castor Soda in the two years.
Answer:
Yes, we can request an extension until the following April 15
Explanation:
In general, there is a room for automatic extension of 6 months for
a corporation to file its income tax return so far appropriate form (7004) has been filed by the corporation, and
estimated unpaid tax liability is been paid before date of the return is due. It should be noted that until tax year 2026, Until June 30 fiscal-year which is tax year 2026 there is duration of 7 months given to the corporation. Though there could be rovoking of the extension by The IRS at any time. tax return of Martin will be due under normall condition by September 15, but since extension comes in it will be due April 15.
Answer:
Net income 167,800
Explanation:
The net income will be determinate by the difference of the revenues and revenues:
Service revenue 300,000
Salaries expense 81,000
Rent expense 48,000
Utilities expense 3,200
Total expenses <u> 132,200 </u>
Net income 167,800
If provided with a tax rate, that value would be the earnigns before taxes (EBT)
We should also calculate the income tax and then, subtract the income tax to get the net income
