True. With competition in a market, firms have to compete to stay ahead of the others
Answer:
D. Star will be liable on the contract only if it adopts the contract.
Explanation:
Answer:
The answer to this question is given below in the explanation section.
Explanation:
In this question, it is asked about two things. Registering and business and registering a website.
First, we explore registering a business, and then we will explore registering a website.
Registering a business:
In any economy or any country, if you are making any type of business and it is legally approved by that government, then it is your moral duty to register the business because government collect taxes from registered business and give benefit in return to those whose business is registered.
To register a business, it requires you to register your business with company registration institution. The business that has registration considered authentic and legally proved business and everyone can trust these businesses while dealing. Government gives incentives and benefits to registered business and solve their issues if they have any, for example, to do import and export, the government facilitate you in this regard.
Registering a business website:
Registering a business website is like to make your online existence that everyone globally approaches you. Registering a business and registering a website, both are different things. Registering a business website, or getting a domain for your site, does not count as registering it. The procedures for registering a business in any country is different than registering or getting a domain name for your website. for example, if I am in Pakistan, and I want to register my website, it might chances that I will register it on Microsoft cloud or google cloud. This registration does not contribute and give benefit to Pakistan in the collection of tax. And the government does not give me incentive as likes others who have registered their business with registration body.
Answer:
Panda Cafe's cash provided by operating activities is 82.000
Explanation:
The indirect method involves the adjustment of net income with changes in balance sheet accounts to arrive at the amount of cash generated by operating activities.
It depends on the account if it is added or subtracted to net income. In this case , all of them are added to the net income.
Net income 69.000
Adjustment to reconcile the net income to cash
+ Depreciation expense 3.000
+ Increase in current liabilities 8.000
+ Current assets decreased 2.000
Net cash 82.000
The work sheet reduces <u>risk of errors</u> when working with many accounts and adjustments.
<h3>What is a
work sheet?</h3>
A work sheet means an internal document used by companies to help with adjusting, closing accounts and preparation of financial statements
Some benefit of work sheet in preparation of financial statement includes:
- its reduces the possibility of errors when working with many accounts and adjustments
- its links accounts and adjustments to their impact on financial statements
- its helps in preparing interim financial statement
- its shows the effects of proposed or "what-if" transactions.
In conclusion, the work sheet reduces <u>risk of errors</u> when working with many accounts and adjustments.
Read more about work sheet
<em>brainly.com/question/26251148</em>
