The implication of sharing confidential material information is about having to keep a certain thing private in a way that it should be remained secret and hidden unless it has been given consent by the person who holds the privacy to be told to another party. It is not release carelessly and should be handled with care as it should be kept by the person withholding the information.
Answer:
57.5%
Explanation:
Data Provided:
Total Sales = $ 200,000
The net income = $ 100,000
Depreciation = $ 20,000
Interest = $ 10,000
Taxes = $ 5,000
Now,
the operating profit is the from the income before the taxes and interest. Thus,
the interest and taxes will be included in the net income for the operating profit
therefore,
The operating profit = income + Interest + Taxes
or
The operating profit = $ 100,000 + $ 10,000 + $ 5,000 = $ 115,000
Now,
the operating profit margin = ( Operating profit / Sales ) × 100
or
= ( $ 115,000 / $200,000 ) × 100 = 57.5%
The answer to this question is <span>Business continuity plan (BCP)
</span><span>Business continuity plan (BCP) refers to the plan that made to notify all the risks and threats that's currently faced by the company and allocate company's resource properly to avoid potential disastrous events (such us information leak in Tom's case)</span>
Answer:
On self-constructed assets from the date an entity formally adopts a plan to build a discrete project.
Explanation:
Capitalized interest is an accounting practice required under the accrual basis of accounting. Capitalized interest is an interest that is added to the total cost of a long-term asset or loan balance. This makes it so the interest is not recognized in the current period as an interest expense.
Capitalization is the addition of unpaid interest to the principal balance of your loan. The principal balance of a loan increases when payments are postponed during periods of deferment or forbearance and unpaid interest is capitalized.
Answer:
Cardinal Company
Journal Entries:
Debit Credit
Equipment $2,915,000
Cash $2,915,000
To record investment in equipment.
Cash $2,746,000
Sales $2,746,000
To record revenue from customers.
Variable Expenses $1,126,000
Cash $1,126,000
To record payment to suppliers.
Advertising & Others $615,000
Cash $615,000
To record payment for expenses.
Equipment Depreciation$583,000
Accumulated Equipment Depreciation $583,000
To record depreciation charge for the year.
Explanation:
Journal entries record business transactions as they occur on a daily or periodic basis. They show the accounts to be debited and the accounts to be credited in the Ledger. Journal entries are the first records made in the books of accounts to capture transactions. They have a note explaining the details of each transaction.
