Answer:
small business
Explanation:
According to my research on the different types of companies, I can say that based on the information provided within the question Vernon's company can be categorized as a small business. A small business refers to any company that is independently owned and has only a small number of employees and resources in comparison with the industry that it is currently in. Since Vernon business is run from his house and he only has 55 employees, he would be classified as a small business.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
S/N Account Titles and Explanation Debit Credit
A Supplies $5,300
Cash $5,300
(To record the purchase of supplies for cash)
B Salaries and wages expense $
4,480
Cash $4,480
(To record the payment of wages and salaries)
C Prepaid rent $
560
Cash $560
(To record the payment of prepaid rent for July)
D Accounts receivable
$13,400
Service revenue $13,400
(To record the services provided on account)
E Accounts payable $800
Cash $800
(To record the payment made on Accounts payable)
F Cash $310
Unearned revenue/Deferred revenue $310
(To record the unearned services revenue)
G Repairs and maintenance expense $410
Accounts payable $410
(To record the accounts payable for repairs expenses incurred)
H Equipment $740
Cash $740
(To record the purchase of equipment for cash)
Answer:
116.67%
Explanation:
Note: <em>Complete question is attached as picture below</em>
<em />
Capital Turnover = Sales / Total Assets
Capital Turnover = $7,000,000 / $1,500,000
Capital Turnover = 4.67
Sales Margin = Operating Income / Sales
Sales Margin = $1,750,000/$7,000,000
Sales Margin = 0.25
Sales Margin = 25%
Division Rate of Investment = Capital Turnover * Sales Margin
Division Rate of Investment = 4.67 * 25%
Division Rate of Investment = 116.67%
Yeah ur right, it’s worker (:
