1. Gross income - h. Total income before any deductions are taken
2. Net income - f. Take–home pay
3. Voluntary salary deduction - j. Money you have given
4. Involuntary salary deduction - a. Money taken from your gross pay that you have no control over
5. Fixed expenses - e. Expenditures that are constant from one time period to another
6. Discretionary spending - b. Expenditures that are under your control
7. Fixed income - i. Income that does not vary from one time period to another
8. Principal - d. The initial amount of money that was invested or borrowed
9. Salaried employee - g. Someone who receives a regular salary for employment
10. Insolvent - c. Unable to discharge liabilities or repay debts
Answer:
Explanation:
The characteristics of money are durability, portability, divisibility, uniformity, limited supply, and acceptability.
Answer: 90%
Explanation:
Cycle Service Level refers to the expected probability by which a manufacturer meets the demand for a particular product and is not being stockout.
In this case,
40% of the days, 80 are sold;
50% of the days, 90 are sold
10% of the days; 100 are sold.
Since the vendor plans to stock 90 each day, then the vendor will meet demand during 40% of the days, when 80 are sold; and during 50% of the days, when 90 are sold.
Therefore, the expected CSL is the vendor targeting will be:
= 40% + 50%
= 90%
Answer:
1st copyright will not be reported on balance sheet.
2nd copyright will be reported on balance sheet.
Dr Copyright (Intangible Asset) $34,000
Cr Cash $34,000
Explanation:
<u>1st Copyright</u>
If an intangible asset is internally generated, none of its costs are capitalized.
<u>2nd Copyright</u>
Acquired copyright is reported on balance sheet as an intangible asset. Company may include only outright purchase costs in the acquisition cost of an intangible asset; the acquisition cost does not include cost of internal development.
Only recognized intangible assets with finite useful lives are amortized. Recognized intangible assets having indefinite useful lives are not amortized.
The clinic has four machines and four workers available. one person is qualified to do test
