The after-closing balance in a revenue account will always be zero. this statement is True
This is further explained below.
<h3>What is
a revenue account?</h3>
Generally, The amount in a revenue account is moved during the closing process from the income statement into the retained earnings account, leaving a balance at the end of the revenue account of zero.
This leaves an opening balance in the retained earnings account. Because the ending balance of one period becomes the starting balance of the following period,
In conclusion, The beginning balance of a revenue account will likewise be zero at the beginning of the period.
An after balance in an income statement will always be zero. This assertion is indeed correct.
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Answer: strategic planning
Human resource planning, or HRP, is a continuous process of identifying human resources for a company to achieve its goals.
Ethan was promoted from the position of production supervisor to a production manager at Jorhamp.
In the context of human resource planning, this scenario best illustrates strategic planning at Jorhamp which ensure the best fit between the employees and their jobs.
Answer: The third option (option C) is the right answer.
Explanation:
The paragraph which has the best coherence is option C. This is because in the case of the third option, it explains that the flow of ideas is constant from one sentence to another.
The first sentence serves as an introduction which talked about the reasons why duties should be divided based on each member’s expertise. The sentences moved smoothly and also logically from one sentence to another sentence. An example is the sentence that “if your company does not have a public relations executive…..”. This should logically proceed the sentence that says that communication ought to be overseen by the director of PR.
This shows that the third option possesses a consistent and logical train of thought as well.
Answer: $57,000,000
Explanation:
The employees purchased at a 20% discount which means that this 20% discount is the amount that would have to be covered by the company's pretax earnings:
= 19,000,000 * 15 * 0.2
= $57,000,000
<em>Martin's pretax earnings will be reduced by $57 million because the company would have to cover the discount on the shares. </em>
The final values of the loan would be:
- The cost of the payment for each month is: $ 138.88 + $ 16.66 = $ 155.54 (interest)
- The total cost of interest is: $ 600 = $ 200 × 3 years.
- The total cost of the loan is $ 5000 + $ 600 = $ 5600 (3-year interest)
<h3>What is the APR?</h3>
APR is an acronym for the percentage interest rate on a loan that a bank charge for each year that the loan is repaid. According to the above, in a loan of $ 5000, we must pay 3 times the 4% because the payment will be made within 3 years.
To know the value of the interest on the loan we must divide the value of the loan by 100 and multiply the result by 4 as shown below:
- $ 5000 ÷ 100 = $ 50
- $ 50 × 4 = $ 200
According to the above, the value of the interest is $ 200. To know the total value of the interest we must multiply $ 200 by the years that we are going to pay the loan as shown below:
Finally, to know how much we must pay each month we must divide the total value of the loan by the number of months that we are going to pay the loan. On the other hand, we must divide the total value of the interest by the number of months that we are going to pay the loan and add it to the total value of each month as shown below:
- $ 5000 ÷ 36 = $ 138.88
- $ 600 ÷ 36 = $ 16.66
- 138.88 + $ 16.66 = $ 155.54
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