When the proportion of the total assets to equities ratio increases, it is an indication that the company is less dependent on the debts of creditors.
<h3>What is assets to equity ratio?</h3>
The assets to equity ratio represents the number of assets earned by an organization with the use of debt resources. If such ratio increases, the use of debts is lowered by the company.
An increase in the assets to equity ratio also indicates that the company is operating at very low risks of losing money, acquired through debt mode.
Hence, option B holds true regarding the assets to equity ratio.
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Answer:
the patent amortization expense for the year 2021 is $231,000
Explanation:
The computation of the patent amortization is shown below:
= (Acquired value of the patent - ending value) ÷ legal life
= ($4,800,000 - $180,000) ÷ 20 years
= $231,000
We simply applied the above formula so that the correct value could come
Hence, the patent amortization expense for the year 2021 is $231,000
Answer:
The correct answer is Final authorization of credit memos by personnel in the sales department could permit an employee defalcation scheme.
Explanation:
Having control of the credit notes is very important for the company, as if it were any other accounting document.
The credit note in accounting is the document that is made in order to cancel the invoices because the law establishes that the invoices made cannot be eliminated under any circumstance, so when an invoice has an error, this voucher is created for the value of the invoice in negative.
The realization of this proof of purchase must be in the hands of the sellers or the company that provides the service or markets a product: and will be addressed to the customer who requested return or changes of the invoice.
<h2>All the above (option D)</h2>
Explanation:
Business environment:
It is a collection of owners, customers needs and expectations, market trends, employees, supply and demand, suppliers, management, clients, activities by government, innovation in technology, social trends, economic changes,
Government environments:
Overall activities conducted towards the growth of the nation.
Military environment:
An environment where the citizens stands and stays in the border to protect their own nations from enemies and rivalries. The team works and ready to stay in any kind of environment.