Answer: provisions
Explanation: According to ias 37
<span>Palding hires an asian company to produce a specified volume of sports equipment that still carries spalding's name. this is an example of contract manufacturing. Contract manufacturing </span>occurs when a company hires a foreign company to produce a specified volume of the firm's product to specification. However, the final <span> product carries the domestic firm's name. </span>
Answer:
$111,000
Explanation:
net income for Skysong during 2022:
total revenues $748,000
<u>- total expenses ($637,000)</u>
net income $111,000
Net income is not affected by new common stocks being issued, since no interests is paid.
It affects dividends because without net income dividends cannot be distributed, but dividends do not affect net income,
Retained earnings are increased by net income after taxes (= $111,000 x 79% = $87,690) - distributed dividends $36,000 = $51,690
The planning of this project must have several stages, in general they can be classified as planning, execution and review.
<h3>What is planning?</h3>
Planning is a term that refers to the decision-making process to achieve a specific objective taking into account the current situation and the internal and external factors that may influence the achievement of the objectives.
According to the above, planning would be the first process because in this we are going to draw a route of action in which we are going to specify all the tasks prior to the realization of the web page. This stage includes activities such as:
- Interview with clients.
- Photos of services and products.
- Information gathering.
- Establishment of dates and objectives.
In the execution stage, the creators of the page begin to work on the design and publication of the page, including all the information previously collected.
In the review stage, the entire team reviews whether the objectives set are being achieved and the necessary corrections are made.
Learn more about planning in: brainly.com/question/1933524
Answer:
The correct answer is B
Explanation:
The gross profit is computed as:
Gross Profit (GP) = Selling price - Expense
where
Selling price amounts to $10.00
Expenses involve DM (Direct Material), DL (Direct Labor) and Overhead
So,
DM amounts to $1.70
DL amounts to $3.70
And
Overhead = 22 % of direct labor
= 22% × $3.70
= $0.814
Putting the values above:
GP = $10.00 - ($1.70 + $3.70 + $0.814)
GP = $10.00 - $6.214
GP = $3.786 or $3.79
