The two ways that Ashley should engage in—in order to
increase the profits of her business are the following;
<span>·
</span>Cut back expenses – this will lessen the expense
that could contribute to her business as a way of saving up and using the money
when only needed
<span>·
</span>Increasing sales – this is a strategy used in
means of having product’s at high prices in a way of earning a lot more
Answer:
Residual income is $53,500
Explanation:
To compute residual income, we have to find first the required minimum return by multiplying the value of an asset by the rate of return. Afterwards, we will deduct the minimum rate of return from the total net operating income of the period.
Residual income = net operating income - (minimum rate of return x value of an asset)
• = $85,000 - ( 14% x $225,000 )
• = $85,000 - $31,500
• = $53,500 (answer)
Answer:
a trade surplus and positive net exports.
Explanation:
If a country sells more goods and services to foreign countries than it buys from them, it means the country's export is greater than its import. If export is greater than import, net exports (export- import ( would be postive.
Also, there would be a trade surplus.
A trade surplus is when the value of export is greater than imports.
I hope my answer helps you
Answer:
A. Request confirmation of a sample of the inactive account.
Explanation:
In the confirmation of accounts receivable, the auditor would most likely Request confirmation of a sample of the inactive accounts .
