Answer:
2014 2013 %CHANGE
SALE 1297000 1001000 29.6%
COGS 797655 600600 32.8%
Gross margin 499345 400400 24.7%
operating expenses 302000 198000 52.5%
Income before tax 197345 202400 -2.5%
taxes 61400 52600 16.7%
Net income 135945 149800 -9.2%
Explanation:
%change = (2014 - 2013)/2013
2014 and 2013 represent each line item in the income statement
<span>Regardless of the firm, most companies will do at least a bi-annual audit if not quarterly. In this case Ted would do the same amount of audits for either company, two to four depending on the companies frequency.</span>
Frank and lillian gilbreth developed the principle of motion economy, which said that every job could be broken down into a series of elementary motions. The motion economy has principles that are in place to improve the manual work within a manufacturng career field. These are to help a manufacturer worker not be exhausted so quickly and reduce the trauma that may occur within this career field.
Answer:
The government can influence interest rates, print money, and setting bank reserve requirements are all tools central banks use to control the money supply. Other tactics central banks use include open market operations and quantitative easing, which involve selling or buying up government bonds
A comparison of the subsidiary accounts to the schedules of accounts payable will help the accountant to <u>A. prove the accounts payable accounts at the end of a period.</u>
<h3>What is a Subsidiary Account?</h3>
A subsidiary account tracks the information of certain transactions in detail. Some of the most important subsidiary accounts include accounts receivable and accounts payable.
Thus, by comparing the subsidiary accounts to the schedules of accounts payable, an accountant proves the existence and completeness of the accounts payable balance at the end of a period.
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