Answer:
Balance Sheet / Statement of Financial position is used to measure the current financial position of the company.
Explanation:
Balance Sheet / Statement of Financial position is used to measure the current financial position of the company. It shows the value of assets liabilities and capital invested in the company. It also provides the net financial value of the company after paying all the liabilities. On the other hand the Income statement or Statement of Financial performance shows the performance of the company in a specified period of time.
Answer: $1,900
Explanation:
Theft loss deduction is calculated by adjusting the fair market value of the asset for a theft loss floor limitation of $100 and 10% of the person's AGI.
Theft loss deduction is:
= Fair value -Theft floor limitation - 10% of AGI
= 7,000 - 100 - (10% * 50,000)
= $1,900
Answer: 1) Raising brand awareness 2) Supervise sales team 3) Carry out presentation
Explanation:
The marketing management has a lot to do to ensure a product is well sold in the market.
1) Raising brand awareness; the product management must come up with innovative wats of promoting brand awareness, either through social media or street marketing, these lies in their hands to do. They are to come up with marketing campaigns
2) Supervise team: the product management would work with a team of marketers and while doing so, would supervise each of them in monitoring how they are going about getting new clients and retaining old clients
3) Presentations; where the nee arises, the marketing management would go out for presentations to companies and group of organization to teach about her products. This can also be done by her team members but they are some occasion the management plays the role
Explanation:
Factors that affect food storage:
Temperature: The temperature at which food is stored is very critical to shelf life.
Moisture: It is recommended to remove moisture when storing foods.
Oxygen: Foods store best when oxygen free.
Light: Light, a form of energy that can degrade the food value of foods.
Hope it's helpful to you
Answer:
Explanation:
The journal entry to record the bad debt expense is shown below:
Bad debt expense A/c Dr $9,000
To Allowance for doubtful debts $9,000
(Being bad debt expense is recorded)
The computation of the bad debt expense is shown below:
= (Ending balance in the Allowance for Uncollectible Accounts) - (credit balance of Allowance for Doubtful Accounts)
= ($12,000) - ($3,000)
= $9,000
