Cost are often incurred in any business transaction. The expenditure incurred for changing the oil in the company's fleet of trucks is debited to repairs and maintenance expense
Repairs and maintenance expense is simply known as the costs incurred to bring an asset back to its formal good condition or to keep the asset operating at its present condition.
An example, When a company's truck is damaged, the cost to repair the damage is often debited to repairs and maintenance expense.
Routine maintenance is often made to engine tune-ups, oil changes, radiator flushing, etc. and they are also debited to repairs and maintenance expense.
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Answer:
this question is not true/false
the answer is: foreign direct investment
Explanation:
Foreign direct investment (FDI) takes place when a domestic company or individual invests directly in new facilities to produce goods or services in a foreign country. Or as the US Department of Commerce clearly states, when a US citizen or organization acquires at least 10% of a foreign business.
FDI is a game played on both sides. For example, the US received $296.4 billions during 2018 as FDI from foreign investors.
If in fact, the salesperson did knowingly and willingly, after being asked to sell you a "model...that is safe to charge indoors", sold you a hoverboard which
catches afire while it is being charged
inside a building of some kind, to my knowledge, this most assuredly does breach the implied warranty of fitness for a particular purpose, the aforementioned being upheld due to the fact that the product in question was only purchased because the buyer expressed a need for safety indoors to which, it was then "IMPLIED" by the aforementioned salesperson that this peice of merchandise was that which the customer was seeking. "Judgement for the plaintiff in the form of punitive damages and restitution in the amount of such and such, and so on and so forth, etc., etc..." Case Closed!!!
Answer:
This is likely to improve Balance of Payment (in direction of surplus)
Explanation:
Balance of Payment is a systematic account of economic transactions of a country, with rest of world.
Any item leading to inflow foreign exchange is recorded as credit transaction, & item leading to outflow of foreign exchange is recorded as debit transaction. Eg : Exports are recorded as credit transactions, Imports are recorded as debit transactions.
BOP is Balanced if : Debit (outflow) transactions = Credit (inflow) transactions ; Deficit if : Debit (outflow) transactions > Credit (inflow) transactions ; Surplus if : Debit (outflow) transactions < credit (inflow) transactions
Quota is non tariff quantitative trade restriction, imposed to discourage imports. Imposition of restrictive quotas on japanese cars reduces their imports. Other things constant, this increases net exports (exports - imports) & hence improves Balance of Payment (in direction of surplus)
Answer:
c. Increase.
Explanation:
If a company’s net income increased while its net sales remained constant, the company's profit margin would increase.
This is simply because the amount of money that is being generated from the sales of goods and services are increasing.