Tim can be considered as "order-taker".
Order taker can be characterized as a sort of sales representative who gathers requests of merchandise and products yet he doesn't make any endeavors to make the increment in existing deals, increment in the recurrence of requests or to find new clients.
Answer:
$175,500
Explanation:
According to IAS 16 Property Plant and Equipment (PPE), the cost of an item of property plant and equipment is the total cost incurred in making the asset (or item of PPE) available for use.
This cost includes the cost of acquisition, associated tax, installation cost etc.
The total value assigned to the new piece of equipment
= $162,000 + $4,000 + $9,500
= $175,500
Answer:
$74.00
Explanation:
Data provided in the question:
Total amount invested = $14,800
Management fee = 0.50 percent of the total asset value
Now,
Total Asset Value = Amount Invested
Thus,
Total Asset Value = $14,800
Therefore,
Management Fee = 0.50% of $14,800
or
Management Fee = 0.50% × $14,800
or
Management Fee = $74.00
The correct answer is; October 1st and September 30th.
Further Explanation:
There are approximately 3 types of fiscal years. They are;
- Business
- Federal
- Non-profit
The federal fiscal year always starts on October 1st and will end on September 30th the following year. These are divided into four quarters each year. This will cover a 12 month calendar year.
A fiscal year can contain 365 or 366 days depending if there is a leap year. This is used as a starting place to start commencing your record keeping in order and when to conclude for the year.
When keeping financial records numerous things needs to be kept for the following year. Some of the things that needs to be kept are; precise records, receipts, contracts, check stubs, and the budget used.
Learn more about the fiscal year at brainly.com/question/13648773
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