That statement is false.
They are different. Purchase discounts are given by the sellers to the buyers in order to reduce the amount that the buyers have to pay if they complete the payment within a specific period of time. Trade discount on the other hand, is given by manufacturers to the sellers or re-sellers.
Answer:
True
Explanation:
Risk analysis process implies analyzing potential issues that could negatively impact in the business or critical projects in order to help organizations avoid or mitigate those risks. Involves calculating the probability of something going wrong, and the consequences if it does.
If a certain country considered handshakes in business transactions to be taboo and preferred to use nodding, This would be an example of differences in cultural forces. It is an example of differences in cultural customs because it includes <span>customs, lifestyles and values that characterize a society that are different. </span>
Answer:
$206,080
Explanation:
Calculation for the net income for the year ending October 31, 2022
Using this formula
Net income =Revenue recognized -Expenses incurred
Let plug in the formula
Net income =404,800-198,720
Net income =$206,080
Therefore the the net income for the year ending October 31, 2022 will be $206,080
Answer:
$5,000,000
Explanation:
Particulars Amount
incremental increase in revenues $15,000,000
- Incremental increase in operating costs $10,000,000
- Incremental depreciation expense <u>$5,000,000</u>
Earnings before interest and taxes $0
Tax ($0 *35%) <u>$0 </u>
Operating Income $0
+ Incremental depreciation expense <u>$5,000,000</u>
After Tax Cash flow for capital budgeting <u>$5,000,000 </u>