Profit - Liabilities = Income
Answer: All of these choices are correct.
Explanation:
Acquisition cost is the total amount of money incurred in purchasing an asset. The acquisition cost should include all the expenses that are incurred such as:
• installation costs
• transportation costs
• testing costs prior to placing the equipment into production
Therefore, the correct option is "All of the above".
Answer:
"$15,000" is the appropriate answer.
Explanation:
Debts opening balance,
= $45,000
According to the question,
The allowance to be created for the doubtful accounts will be:
= 
= 
=
($)
hence,
The balance amount to be created will be:
= 
=
($)
<span>This prompt is one I do not agree with. I would think, and probably bet money on, that an athlete's performance improving from performance compliments by his coach than his getting a new uniform. Verbal compliments that highlight strong aspects of one's performance is a bigger boost than a new set of clothes.</span>
Answer:
Customer knowledge
Explanation:
Customer knowledge (CK) is the understanding of knowledge data which is required by a salesperson during the exchange and trade between the clients and entrepreneurs.
By improving this knowledge he would be able to understand and strategically position his ideas in other to achieve the best outcome as a sales person which would help in building long time relationships.