Answer:
(a)- Its assets will increase, as will its equity
Explanation:
The commercial terms state FOB shipping point therefore the transfer succeeds once the cargo enter the port.
The sale is thus completed. The revenue can be recognize thus, increasing the company's equity and assets.
Account receivable(+Assets) debit
Sales Revenue(+Equity) credit
Hello,
Here is your answer:
The proper answer to this question is option A "<span>motivation, humility, and decision making". You honestly need motivation, humility, and decision making skills in order to be successful.
Your answer is A.
If you need anymore help feel free to ask me!
Hope this helps!</span>
Answer:
$214,000
Explanation:
Total Revenues ($740,000 + $103,000) =$843,000
−Total Operating costs ($570,000 + $59,000)
=$629,000
= Total operating profit = $214,000
Therefore Assuming that there are no changes to the existing body shop business, operating profits would be expected to increase during 2021 by $214,000
Answer:
a. $58,800
b. $57,820
Explanation:
Generally, notes are issued on the discounted or face value. It is face value when the price of the note is the same as the face value while it is discounted when the price of the note is lower than the face or par value.
a. Since the note is issued on the face value of $58,800 , it means that the proceed is the same amount. The proceeds from a note that is issued, is that price at which the note is issued.
b. Discount value
= $58,800 × 10% × 60/360
= $980
Proceeds
= Face/par value of the note - Discount value of the note
= $58,800 - $980
= $57,820
A manager is known to be a person that does the work of supervising and motivating employees and they also aid or direct the progress of a firm.
<h3>What are the types of
organizational structures?</h3>
An organizational structure is known to be a system that states out how the activities in a firm are directed so as to achieve the goals of the firm.
There are four types of organizational structures. They are;
- Functional
- Divisional
- Flatarchy
- Matrix structures.
Learn more about manager from
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