Answer:
Explanation:
The journal entry is shown below:
On December 31,2016
Salary Expense A/c Dr $3,960 ($1,320 × 3 days )
To Salary Payable A/c $3,960
(Being adjusted salary is recorded)
On January 2
Salary Expense A/c Dr $2,640 ($1,320 × 2 days )
Salary Payable A/c $3,960 ($1,320 × 3 days)
To Cash A/c $6,600
(Being cash is paid)
Answer:
The Income Statement is-
Sales = $435,000
Costs = 216,000
Depreciation = 40,000
EBIT= $179,000
Interest = 21,000
EBT = $158,000
Taxes = 55,300
Net income = $102,700
I have done this question before in my "Money Management" Dual enrolled class.
:)
This business risk is known as the operational risk. The operational risk is a possibility of loss resulting from a failed operational procedures, systems, and policies. Adequate procedures, systems, and policies must have been made to control and monitor the flow of a company's business operation<span>.</span>
D. Giving tasks to other people
An example of "Framing" is that a person may reject an investment when it is posed in terms of risk surrounding potential gains, but may accept the same investment if it is posed in terms of risk surrounding potential losses.
<u>Explanation:</u>
A cognitive bias (systemic fault in one's thinking) where people suggest or decide whether the choices to be viewed as plus or minus implications, instance like loss or a gain and understood as Framing effect.
People tend to avoid risk when presenting a successful frame but look for risks when presenting a negative frame. Individuals will phrase their material in such a way as to force you to join.
For an instance, a musician could say millions are listening to them. You might want to participate because that is what so many other people do.