The appropriate response is sales revenue. Revenue is the measure of cash that an organization really gets amid a particular period, including rebates and conclusions for returned stock. It is the "best line" or "gross pay" figure from which costs are subtracted to decide net salary.
Answer:
Dr. Lease asset office equipment $15,499
Cr. Lease Liability $15,499
Explanation:
A capital lease is a lease between two parties in which a party transfer leases asset to in exchange of lease payments.
To make a lease finance lease following criteria must be fulfilled.
- The asset will be transferred to lessee at the end of lease period
- Agreement must contain bargain purchase option
- Lease period must be 75% or more of useful life of asset
- Value of lease must be equal or more than the market value of asset
The final three steps in John Dewey's reflective-thinking process are as follows:
4 step: suggest possible solutions.
5 step: evaluate each solution and select the best one.
6 step: suggest ways for testing or carrying out the solution.
This means that from the given options A is the correct answer: generate solutions, evaluate solutions, select the best solution
Answer:
Here is the questions with options
A company is trying to decide whether to keep or drop the organic foods department in its grocery store. If organic foods are dropped, the manager will be laid off. What is the manager's salary in relation to the decision to keep or drop the department?
A. A variable cost and therefore relevant
B. Avoidable and therefore incremental
C. Sunk and therefore not relevant
D. A fixed cost and therefore not relevant
The answer is B. Avoidable and therefore incremental
Explanation:
An avoidable cost are cost that can be eliminated when a particular activity is no longer performed. They are variable cost that can be eliminated from the business operation by not producing a particular goods.
On the other hand, an incremental cost is the difference in total costs as the result of a change in some activity.
If the company decides to dropped the organic department, the payment made to the manager is automatically eliminated, Thus making such cost become an avoidable cost, because it can be eliminated.
Hence the best answer is B. Avoidable and therefore incremental
The answer is Perform market
