Answer:
A. business rule is a long, precise, and unambiguous description of a policy, procedure, or principle within a specific organization.
Explanation:
The business rule defines that every organization should run in the long term by applying the rules and regulations, and accurate the details in a proper manner with the help of the hierarchy level and work should be done accurately by planning, organization, staffing directing and controlling.
Every company should follow principle, policies or procedures within the organization. So, the company should follow the business rules so that the work can go in a smooth manner.
Being laid off is when the company is goes through financial struggles so they have to chose people to cut off, being fired is when you did something wrong so they fire you.
Answer:
Drop shippers
Explanation:
When the store does not keep the product in its possession but fulfill the customers' demand by behaving as a middleman with the help of a model, it is called drop shippers. It is the reason why those stores or wholesalers can operate in bulk industries. An example of a drop shipper is a soft drinking company that uses third-party delivery services to meet the demand.
Answer:
to calculate depreciation using the sum-of-the-years'-digits method:
n(n+1) divided by 2 = [12(13)] / 2 = 78
depreciable value = cost - salvage value = $469,000 - $40,000 = $429,000
- depreciation year 1 = 12/78 x $429,000 = $66,000
- depreciation year 2 = 11/78 x $429,000 = $60,500
- depreciation year 3 = 10/78 x $429,000 = $55,000
the formula used to calculate depreciation using the double-declining-balance method is:
2 x cost of the asset x depreciation rate
- depreciation year 1 = 2 x $469,000 x 1/12 = $78,167
- depreciation year 2 = 2 x ($469,000 - $78,167) x 1/12 = $65,139
- depreciation year 3 = 2 x ($390,833 - $65,139) x 1/12 = $54,282
Answer:
Explanation:
Question 27
If Wheat Company had used the FIFO inventory method, income before income taxes would have been $75,000 higher in the current year. As inventory is an asset to the company. Therefore the $75,000 in inventory would have increased the company's asset and increasing the income before taxes.
Question 28
Other things held constant, which of the following will NOT affect the current ratio, assuming an initial Not yet current ratio greater than 1.0?
C. Accounts receivable are collected in cash.
Current ratio measures a company's ability to pay short-term obligations as at when due. It indicates that a company can manage its debts and other payable when their current assets is well managed.
It is calculated as Current Asset/ Current Liability. A ratio of 1 and above is the best meaning that a company an manage its debts obligations well.
