Answer:
Explanation:
The income statement is that statement which reflects gains & income and expenditure & losses for a particular year
A multi step format of income statement show a classification of sales and expenses.
Like to compute net sales, we deduct sales discount & sales return and allowances from sales revenue
like this, there are various expenses such as administrative expenses, selling expenses which come under operating expenses.
Administrative expenses includes rent and sales & wages expenses. whereas, selling expenses includes freight out charges.
The insurance expenses is come when these all expenses are recorded.
The preparation of income statement using the multi-step format is given under attachment sheet.
<h2>Review relevant cyber laws, and make recommendations to improve them.</h2>
Explanation:
Option 1: We can pass a bill in the "House of Delegates" to reduce or stop the internet fraud. Only if legal actions are taken, there is a chance to of reduction of fraud activities. But Option 4 seems to be very apt for the given situation.
Option 2: We cannot minimize the use of internet because, it is easy and also cost-effective though there are risks involved. So this option stands invalid
Option 3: Invalid option. Fighting cannot stop the crimes.
Option 4: Yes, cyber laws can be improved and make punishment severe to control cyber crimes.
Answer:
$116.28
Explanation:
This can be calculated as follows:
Mark up = [1 ÷ (1 - Lerner index)]
Price = Mark-up × Marginal cost
= [1 ÷ (1 - 0.57)] × $50
Price = [1 ÷ 0.43] × $50 = $116.28
Therefore, the price this firm will charge its customers is $116.28.
Answer:
468 gallons of organic milk
Explanation:
<u>Economic Order quantity formula</u>
Where:
D = annual demand = 100 gallons per week x 52 weeks per year = 5,200
S= setup cost = ordering cost = $ 25
H= Holding Cost = 25% of the unit cost = 4.75 x 25% = 1.19
EOQ = 467.9181215
Answer:
Start up costs have to be paid. Before a single sale can be made, there needs to be something to sell. ...
Working Capital is Needed to Keep Cash Flowing. ...
Use The Investment To Make More Than It Costs To Borrow. ...
Borrowing Money Reduces Personal Risk. ...
Insufficient Funds.
Explanation: