Answer:
A credit to Deferred subscription revenue for $15,000
Explanation:
Answer:
Six Sigma
Explanation:
Six Sigma is a quality business management strategy which helps business organizations to improve the quality of processes, products and services by discovering and eliminating defects, variations or errors. It is a strategic business concept that was developed in 1986 by Motorola.
Under the six sigma approach, any process that doesn't provide customer satisfaction or causes challenges in an organisation's process should be eliminated from the system in order to produce quality products and services. It allows only 3.4 defective features for every million opportunities and as such expects processes to be defect free 99.99966 percent of the time.
Generally, there are two (2) main methods of achieving the six sigma approach;
1. DMAIC: define, measure, analyze, improve and control. it is a data-driven improvement cycle used for improving processes and driving Six Sigma projects.
2. DMADV: define, measure, analyze, design and verify.
In conclusion, Six Sigma is used by various organizations or professionals to improve the level of quality of their products or services, as well as reducing to the barest minimum, the level of complaints in the services it provides to clients. Also, the Six Sigma approach to quality control avails businesses the ability to detect potential problems early, so as to prevent their occurrence.
Stephanie's marginal tax rate is 15%.
<u>Explanation:</u>
The Average tax rate is 8%
she pays $3.75 as the tax on $25 which makes tax rate at this point =3.75/25
= 15%
The Marginal tax rate is the percentage of income that has to be paid as tax as a result of a change in the income bracket.
For instance, if tax rate until $1-$1000 is 10%
and for $1000 and above is 20%.
So for every $ earned over and above $1000.The marginal tax rate for that sum is 20%.
Answer:
$900,000
Explanation:
Depreciation for the year $600,000
Employee Bonuses $1,200,000
Total expense for the year $1,800,000
Expense to be reported in interim income statement 1,800,000/2=$900,000
