Answer:
Explanation:
Serving them with a unique (service/product usage) experience they will not receive form the competition. Create and make a difference for them and tell them about that.
E.g. - the idea of exclusivity air a personalized approach.
Answer:
$34,600
Explanation:
The computation of beginning retained earnings balance is seen below:
But we know that;
Ending balance of retained earnings = Beginning balance of retained earnings + Net income - Dividend paid
$51,600 = Beginning retained earnings + $21,100 - $4,100
Beginning retained earnings = $51,600 - $21,100 + $4,100
Beginning retained earnings = $34,600
Answer:
a. True
b. False
c. True
d. True
Explanation:
a. True, The least-leveraged industries have the highest TIE ratios.
b. False, U.S. firms have more debt and less equity than Germany or Japan.
c. True, Italy and Japan use more debt than the United States and Canada.
d. True, Management attitude influences the amount of debt that a firm takes on.
The amount of the journal entry are as follows:-
Cash $15000
Accumulated Depreciation $10000
Equipment cost $35000
Loss on sale $10000
<h3>What is Depreciation?</h3>
An asset loses value over time as a result of use, damage, or obsolescence. Depreciation is the measurement for this decline.
The complete solution is attached below.
Depreciation, or a decline in asset value, can be brought on by a variety of other variables, such as bad market conditions, etc.
Thus the journal entry credit amount is Equipment cost $35000 and Debit amount of the journal entry are Cash $15000 Accumulated Depreciation $10000 and Loss on sale $10000.
Learn more about Depreciation here:
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Answer:
$1,200
Explanation:
Based on the U.S. Internal Revenue Service, Harry and Wei can claim a maximum credit of 20% of the $6000 which is a limit of dependent care expenses for 2 or more dependents as imposed by the U.S IRS.
Throughout the year, they pay $3,200 for ABC Day Care Center, $2,000 for Blue Ridge Housekeeping Services, and $1,000 to Mrs. Mason (Harry's mother). Which has a total of $6,200.
Because they cannot claim 20 percent of all child care amount which is $6,200, they can only claim 20 percent of $6,000.
Hence, Harry and Wei can claim:
$6,000 × 20% = $1,200
Therefore Harry and Wei may claim a credit for child and dependent care expenses of $1,200.