Answer: Legal, public relation, safety risk, financial.
Explanation:
The above are different aspects of a decision in order to maximize profit and be a good corporate citizen.
Financial decision taking with respect to capital structure.
Legal- legal rights and responsibilities.
Safety risk assessment and mitigation of safety risk.
Public relation communication that are strategic that builds mutually beneficial relationships.
Answer:
Contribution percent = 75%
Explanation:
Given:
Total sales = $24,000
Total Variable cost = $6,000
Total units = 6,000
Contribution percent = ?
Computation of Contribution :
Contribution = Total sales - Total Variable cost
Contribution = $24,000 - $6,000
Contribution = $18,000
Computation of Contribution percent :
Contribution percent = Contribution / Total sales
Contribution percent = 18,000 / 24,000
Contribution percent = 0.75
Contribution percent = 75%
Answer:
The correct answer of this question is b-200$.
Explanation:
As per tax schedule if income from capital gain is less than 39,375$ 0% tax is charge lieved.
So on his income from capital gain that is 34,000 dollars no tax will be charge. However the remaining income is subject to income tax that is (36000-34000)= 2000 dollars. So Cason is liable to pay tax equals to 200$. (2000*10%)
As per tax law whose income is less than 9,750 dolars is liable to pay tax at the rate of 10%.
Answer:
During a recession business investment in new capital goods and consumer spending on new durable goods can be postponed
Explanation:
The business cycle are simply cycles or series of cycles of economic expansion and contraction.
An Economic expansion is simply defined as an increase in the level of economic activity, goods and services available. It is a period of economic growth usually measured by a rise in real GDP.
Economic growth
Economic growth is an increase in the capacity of an economy to produce goods and services, usuallycompared from one period of time to another time.
The four phases of the business cycle are;
1. Peak
2.Recession
3. Trough
4. Expansion
The length of a complete cycle usually varies from 2-3 years to 15 years.
Answer:
The first journal entry was not the most appropriate, but since the mistake was correctly adjusted at the end of the year, both assets and expenses will be the same whether they did it correctly the first time or they had to adjust a mistake at the end of the year.
E.g. something like this happened
October 1, rent expense for 1 year
Dr Rent expense 12,000
Cr Cash 12,000
December 31, adjustment to rent expense
Dr Prepaid rent 10,000
Cr Rent expense 10,000
they should have recorded it as:
October 1, prepaid rent for 1 year
Dr Prepaid rent 12,000
Cr Cash 12,000
December 31, adjustment to rent expense
Dr Rent expense 2,000
Cr Prepaid rent 2,000
Whichever way you recorded the transactions, the balances a the end of the year would be:
prepaid rent (asset) $10,000
rent expense (expense) $2,000
