Answer:
The following summarizes the solution to the given problem.
Explanation:
The given values are:
Sales,
= $660,000
Expenses,
= $255,453
Received cash revenues,
= $605,934
(a)
According to the accrual, profits would be acknowledged and therefore not necessarily received on the occasion of purchase.
⇒ 
On substituting the given values, we get
⇒ 
⇒ 
($)
(b)
⇒ 
On substituting the given values, we get
⇒ 
⇒ 
($)
(c)
- The reliable financial foundation again for a financial consultant is more helpful because it demonstrates or represents the organization's appropriate financial status.
- It accepts the profits throughout a similar time frame.
Answer:
a hands on occupation
Explanation:
I dont like sitting around
Answer:
Another word for <u>Financial</u> Incentives is "rewards." Generally, these become more effective when couples with <u>Non-Financial</u> incentives.
For example, a <u>high ranking</u> grade in a class means more when it is possible to<u> get cash reward for that</u> grade.
The topic from which this question is derived is related to the study of Labor Grades and Rank and the Impacts of Non-Financial Incentives on Test Performance
Cheers!
Scarcity refers to a state of being in short supply.
Scarcity exists because distribution of resources is unequal. Majority of the people tend to get more than they need in preparation for future uses. They did not take into consideration that other people also need the items they have stocked up on. This results to unequal distribution of resources. Those who had first access to the goods have more than they need while those who came last have goods that is not enough to sustain their needs. They are the ones experiencing scarcity.
Answer:
b. $31,000
Explanation:
The computation of the depreciation expense using the straight-line method for the second year is shown below:
= (Original cost - residual value) ÷ (useful life)
= ($127,000- $3,000) ÷ (4 years)
= ($124,000) ÷ (4 years)
= $31,000
Hence, the correct option is b. $31,000
The units are to be ignored as the method i.e used is straight line so the same is to be considered
