Answer:
the prior year's amount
Explanation:
In financial statements when measuring performance increase the percentage change in various financial statement lines are usually used.
Financial statement lines are individual items on financial statements. For example current assets, current liabilities, and sales.
The percentage change aims to compare increase in a financial statement line item against the previous year's amount.
This will give an idea of how much increase has occurred on previous performance.
So it is calculated by deducting previous year amount from current year amount, then divide by the previous year amount and multiply by 100
Answer:
If a person wants to start a business but the limit the amount of liability he is responsible, Option D, Corporation would be most appropriate.
Explanation:
In corporation or a limited liability corporation, one doesn’t need to liquidate his/her personal assets to cover the debt in case the business goes bankrupt. A corporation is a company or group of people that can act legally as a person or single entity. Because of this, the owners of the corporation have limited amount of legal liability for the corporation's business activities and debts.
In sole proprietorship, person who owns the business is responsible for his debts and has unlimited liability. Similarly, in partnership and joint venture also, person is liable for the debts. So, out of the given options, Option D is the correct answer if person wants to limit his liability.
Answer:False they are called stockholders
Explanation:
Answer:
The correct answer is: <em>understand individual employee needs and create work environments that respond to them.</em>
Explanation:
According to ISO 45001, it is necessary for the company to determine:
- Interested parties, in addition to the employees that are relevant to the Occupational Health and Safety Management System.
- The relevant needs and expectations of employees and other interested parties.
- Which of these needs and expectations are, or could become, legal requirements and other requirements
Answer:
$163,000
Explanation:
According to the historical cost principle, the value of the fixed assets should be recorded at purchase price or acquired price or historical cost
Since it is given that the seller counter offer is $163,000 and the same is to be recorded in the company books of accounts.
If there is value assessed, or any increment in the value of the land so it would be ignored. It only records the purchase price of the land