Answer: An increase in revenue will be an increase in equity.
Explanation:
Consulting Revenue is the total/gross revenue earned by a consulting company in an year. It should exclude the cost of material and sub-contracts.
Suppose we earned consulting revenue of $700. So it will increase the total revenue of the business.
Total equity is gross /total of the investment in the company plus subsequent profit of the company. Along with it we will exclude all subsequent paid out.
Rise in revenue will uplift the net profit. Increase in revenue will result in increase in equity.
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Clinard focused on how a differential association with varying ethical climates within corporations was a major cause of white-collar crime.
Additionally, crimes such as embezzlement, money laundering, securities fraud, and corporate fraud are examples of white-collar crime. White-collar crime is non-violent, but not victimless. Such crimes can destroy companies, wipe out personal savings and cost investors millions of dollars.
Drug offenses such as distribution, manufacture, or possession. Theft offenses such as armed robbery, robbery, and shoplifting. Violent crimes such as murder, assault, assault, and sexual crimes such as sexual assault and prostitution.
Rational Choice Theory, developed by Cesare Beccaria in 1764, describes white-collar crime as a life of weighing options and choosing the one with the greatest reward.
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Provide some business examples. The strategic goal which an IS can attain without involving wresting market share from competitors by following certain measures like: By lowering the price of units to sell while maintaining the quality of the products. By offering new products and services.
Answer:
The Journal entries are as follows:
(a) On November 5,
Merchandise inventory A/c Dr. $6,000
To Accounts payable $6,000
(To record the purchasing of Merchandise inventory)
(b) On November 7,
Accounts payable A/c Dr. $250
To Merchandise inventory $250
(To record the returned units)
(c) On November 15,
Accounts payable A/c Dr. $5,750
To cash $5,635
To Merchandise inventory $115
Workings:
Final amount due:
= Cost of goods purchased - Cost of goods returned
= 6,000 - 250
= $5,750
Discount amount:
= Final amount due × Discount percentage
= 5,750 × 2/100
= $115
Cash payment to be made:
= Final amount due - Discount amount
= 5,750 - 115
= $5,635
Interest
Interest is the monetary charge for borrowing money—generally expressed as a percentage, such as an annual percentage rate (APR). Key factors affecting interest rates include inflation rate, length of time the money is borrowed, liquidity, and risk of default. Interest can also express ownership in a company.
