No because they aren't Fair
Such a person is the PROJECT SPONSOR. A project sponsor is the person with the overall accountability for a project, he has the responsibility to ensure that the project delivers the agreed business benefits. He is usually the one who is responsible for securing the financing and total resources project approval.
Answer:
$49,690 credit balance
Explanation:
total credit sales = $590,000
past due up to 180 days = $110,000
past due for more than 180 days = $79,000
Crimson expects to not collect:
- 3% of credit sales not due yet = $590,000 x 3% = $17,700
- 14% of credit sales past due up to 180 days = $110,000 x 14% = $15,400
- 21% of credit sales past due for more than 180 days = $79,000 x 21% = $16,590
- total = $49,690
Allowance for uncollectible amounts has $3,500 debit balance
the adjusting entry should be:
Dr Bad debt expense 53,190
Cr Allowance for uncollectible accounts 53,190
The ending balance = $53,190 - $3,500 = $49,690
Answer:
$12,642
Explanation:
The computation of the state tax liability is given below:
Tax Liability is
= [{(Income Tax Base - Non Business Income) × Apportionment Factor} + Allocated Non- business Income] × tax rate
= [{($434,000 - $76,800) × 0.2852} + $61,900] x 0.0775
= [$101,873.44 + $61,250] × 0.0775
= 163,123.44 × 0.0775
= $12,642
Answer:
The correct answer is letter "A": To document internal work flows and processes.
Explanation:
Wikis are tools companies can use to store internal information and feedback. The information saved in wikis do not ten to be share with customers or with any other entity outside the firm. Some other Information Technology (IT) tools such as blogs are used to widespread data when necessary.
