Answer:
C. Entrepreneurs aren’t exposed to any risk when starting a new business.
Explanation:
Entrepreneurs are the person who starts their own business and took a financial risk from the start. Entrepreneurs manage the activities on their own, develop new ideas. and create the team for the benefit of the organization
Therefore, Entrepreneur exposed to the financial risk while starting their own business
hence, the correct option is C.
Answer:
D) accounts receivable subsidiary ledger
Explanation:
The accounts receivable subsidiary ledger contains all the customer account activities including sales and any returns. By summarizing all of the customers' information in this subsidiary ledger account, the company can track sales records of all its clients including those who pay in cash. If the sales is made on cash, the accounts receivable is immediately credited and cash debited.
<span>total cost (T.C.) = 5120
cost for material (M.C.) = 2840
installation charge (I.C.) = 1.90/sq. ft.
T.C. = M.C. + I.C. * Area of living room (A)
or, 5120 = 2840 + 1.90 * A
or, A = (5120 - 2840) / 1.90
Area of living room = 1200 sq. ft.</span>
Answer:
D. QAR 114,000
Explanation:
Calculation for How much the amount of "Warranty expense" that Al Maha Company should report
Using this formula
Warranty expense=[(First year expected warranty costs*Sales)+(Second year expected warranty costs*Sales)+(Third year expected warranty costs*Sales)]
Let plug in the formula
Warranty expense=[(3% 1,900,000)+(2%* 1,900,000)+(1%*1,900,000)]
Warranty expense=57,000+38,000+19,000
Warranty expense=QAR 114,000
Therefore the amount of "Warranty expense" that Al Maha Company should report will be QAR 114,000.