3 years ago

What are the most common types of credit available to individuals and businesses?

Business

1 answer:

marshall27 [118]3 years ago

7 0

Consumer credit, Business credit, Trade Credit

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Catherine sat down with all of her income details from the past year to calculate the total income she had in that period. After

HACTEHA [7]

Answer:

The answer is: Net income.

Explanation:

Net income is a measure of the profitability of a company, or person. It is the income of an amount less the cost of goods sold, expenses, depreciation and amortization, interest and taxes for an accounting period.

For households and individuals, net income refers to gross income, less taxes and other deductions, for example, mandatory pension contributions. It is usually the basis for calculating how much income tax is owed.

The answer is: Net income.

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3 years ago

because research is blank______, it is important to figure out beforehand exactly what problem needs to be solved.

KonstantinChe [14]

Expensive and time consuming, it is important to figure out beforehand exactly what problem needs to be solved.

Research expense must be budgeted before it is incurred so that the cost is available to be borne by the company.

<h3>What is research?</h3>

Research is expense carried by the company to develop a new product if the research meet the criteria it is capitalize as intangible and it will be amortize over its useful life once the development is available for use otherwise it will expense out in profit and loss statement.