1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
g100num [7]
3 years ago
9

Why is eskom not a profitable company

Business
1 answer:
ziro4ka [17]3 years ago
3 0
<span>Eskom is not a profitable company recently because the construction of their new power plant led them to not get profit from it for the next years because of the billions of revenue it cannot shoulder. The expenses are just way too big to equal or surpass the projected profit they have</span>
You might be interested in
True or false? A buyer persona is as important as business objectives when developing a social media strategy.
Nady [450]

Answer:

True.

Explanation:

3 0
3 years ago
Suppose Jim worked 62 hours during this payroll period and is paid $14.00 per hour. Assume FICA is 6.2%, Medicare is 1.45% and w
lara31 [8.8K]

Answer:

1. $714.798

2. $66.402

3. $141.484

Explanation:

1. Gross pay = 62 hours worked x $14.00 per hour

= $868

Net paycheck = Gross pay - Tax

= 868 - [(868) x (6.2%+1.45%+10%)

= $868 - $153.202

= $714.798

2. Employer's payroll tax expense = (6.2%+1.45%) x 868

= $66.402

3. Jim's employer's total payroll tax liability for the period.

868*6.2% (FICA taxes - Employee) + 868*6.2% (FICA taxes - Employer's share) + 868*1.45% (Medicare taxes - Employee) + 868*1.45% (Medicare taxes - Employer's share) + 868*10% (Withholding tax).

= 53.816 + 53.816 + 12.586 + 12.586 + 8.68

Total = $141.484

5 0
3 years ago
On May 10, Keene Company sold merchandise for $4,000 and accepted the customer's Best Business Bank MasterCard. At the end of th
natta225 [31]

Answer:

Cash $3,848  

Service Charge Expense     ($4,000 ×3.8%) $152  

       To Sales Revenue  $4,000

(Being the record of the sale of merchandise is recorded)

Explanation:

The journal entry is shown below:

Cash $3,848  

Service Charge Expense     ($4,000 ×3.8%) $152  

       To Sales Revenue  $4,000

(Being the record of the sale of merchandise is recorded)

Since sale is made so we debited the cash it increased the assets plus there is service charge expense so the same is also debited as it increased the expenses and at the same time the merchandise is sold so it would be credited as it increased the revenue

8 0
3 years ago
Fiat money: Group of answer choices has advantages over commodity-backed money. is currency from Italy.can include currency back
butalik [34]

The correct answer is A) has advantages over commodity-backed money.

Fiat money has advantages over commodity-backed money.

There was a time when money in the United States was backed by gold. Not any more. Fiat money, as the US dollar is backed by the US government, This is the case in other countries, For instance, the European Union's currency, the Euro, is also fiat money. Governments issue fiat money through their central banks and can exert certain kinds of control on it.

4 0
3 years ago
Most CLEP exams correspond to blank college courses
Kamila [148]
True Because they have preperations for your tests
8 0
3 years ago
Other questions:
  • Personal finance please help
    14·1 answer
  • The going concern assumption of GAAP implies that the firm: __________
    11·1 answer
  • Better Mousetrap Inc. Better Mousetrap Inc. is a manufacturing company that sells pest control products. Recently the company la
    14·1 answer
  • On January 1, 2021, White Water issues $600,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and
    12·1 answer
  • Crocker enterprises conducts thorough background investigations of its prospective employees. the purpose of such investigations
    12·1 answer
  • which of the following is a benefit of preparing a cash budget? a. It helps to estimate the average collection period of sales d
    8·1 answer
  • Juan has an essay due in English en Wednesday and a page of math homework due on Friday how should Juan approach this work
    6·2 answers
  • People who are part of the project team need to understand project management because they Multiple Choice Need to understand th
    7·1 answer
  • Managerial accounting systems report both monetary and nonmonetary information. Examples of nonmonetary information include: ___
    5·1 answer
  • Dressing a grinding wheel is defined as
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!