Answer:
Debiting in this case means to add to the inventory. Therefore, crediting means that inventory was used up when closing inventory.
Explanation:
A debit is an accounting entry that either increases an asset or expense account, or decreases a liability or equity account. ... A credit is an accounting entry that either increases a liability or equity account, or decreases an asset or expense account.
Unstructured Interviews are common in small businesses. Option C is correct.
<h2>What is an Unstructured Interview?</h2>
- It refers to an interview in which the questions are not prearranged by the interviewer that is to be asked to the respondents.
- Unstructured interviews are more casual and unrehearsed than structured interviews in which prearranged, standardized questions are asked.
- This provides free-flowing conversation on respondents' personal qualities and knowledge related to relate to the work.
Since in small companies, the work areas of employees are wider than the big corporate.
Therefore, unstructured Interviews are commonly used in small businesses to get a deeper understanding of respondents' personal qualities related to work.
To know more about Unstructured:
Interview:brainly.com/question/12208322
Answer:
Net income= $11,412.2
Explanation:
Giving the following information:
sales of $46,382
interest expense of $3,854
cost of goods sold of $16,659
selling and administrative expense of $11,766
depreciation of $6,415
t=0.35
We need to use the following formula:
Net income= (sales - COGS - selling and administrative expense - interest expense - depreciation) - tax + depreciation
First, we deduct Depreciation to decrease the tax base, but because it is not an actual payment, we have to sum it after tax.
Sales= 46,382
COGS= (16,659)
Gross profit= 29,723
Selling and administrative expense= (11,766)
Interest=(3,854)
Depreciation= (6,415)
EBT= 7,688
Tax= (7,688*0.35)= (2,690.8)
Depreciation= 6,415
Net income= $11,412.2
C. Innovation is the creation of new, original ideas. Inventors are usually described as innovative. New inventions create new markets.
Hope this helps!
