Answer:
C. personal income minus personal taxes.
Answer:
b. 30%
Explanation:
The computation of the percentage increased in sales from the previous year to the current year is shown below:
= (Current year Sale - Preceding year Sale) ÷ (Preceding year Sale
)
= ($325,000 - $250,000) ÷ ($250,000)
= ($75,000) ÷ ($250,000)
= 30%
Hence, the correct option is b. 30%
We simply applied the above formula to determine the percentage increased in sales
Quality management is a management program that seeks to improve the quality of process outputs by identifying and removing the cause of defects and variations in various processes.
Management is the management of an organization, such as a corporation, non-profit organization, or government agency. This is the art and science of managing company resources.
Management is the dynamic process of getting things done by others with the goal of achieving a common goal effectively and efficiently. All functions, from planning to organization, personnel allocation, management, and generalization, are essential for the smooth execution of management in an organization.
Corporate governance is the coordination and organization of business activities. Business managers oversee operations and help employees achieve peak productivity.
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Answer:
The Journal entries are as follows:
(i) On January 1,
Cash A/c Dr. 26,000
To Unearned subscription revenue 26,000
(To record the receipt of the subscriptions)
(ii) On March 25,
Unearned subscription revenue A/c Dr. $500
To subscription revenue $500
(To record the one week of earned revenue)
Working notes:
subscription revenue for 1 week = 260 × 100 × (1 ÷ 52
)
= $500
The budget for training can be developed for the five workers as explained below:
<h3>What is Budget?</h3>
A budget is the calculation or prediction of the cashflows expected to occur in the next period, there are many types of budgets for example, cash budget, sales budget and expense budget.
The budget for the given scenario is calculated as follows.
The trainer will take $140 per hour and training requires 8 hours
$140 * 8hrs = $1,120.
While the workers earn $18 per hour and there are 5 workers, this is a sunk cost as the employees will be paid whether they attend the training or not but while in the training the workers will not be contributing towards the earnings of the company so this will be considered as an expense.
$18 * 5 workers * 8 hrs = $720.
Adding the two expenses provide $1,840 ($1,120 + $720)
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