The Loss recorded in the year 2 for the table is -$35,841.39.
<h3>What is the profit or loss on the table? </h3>
<u>Year 2 </u>
Monthly Cost in year $1564.29
Maintenance $0
Salary $39600
Fixed cost $0
Variable cost <u>$356.40</u>
Total cost <u>$41520.69</u>
Reimbursements = $5679.30
Profit or Loss = Reimbursements - Total cost
Profit or Loss = $5679.30 - $41520.69
Loss = -$35,841.39.
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Answer:
<em>Adjustments help to ensure that </em><em><u>asset </u></em><em> balances are reported at amounts representing the economic benefits used during the period.</em>
Answer:
a. True
Explanation:
Sales promotion is the marketing strategy in which the product is being promoted via using short term & attractive initiatives in order to stimulate the demand so that the sales could be increased. It could be used for introducing a new product in the market, selling out the existing inventory, for attracting more customers, etc
Therefore as per the given statement, the option a is correct
Answer:
A. Project management
Explanation:
It helps by identifying the plans and estimating the minimal possible time and cost needed to complete a project or development
Answer:
A) emergency fund spending.
Explanation:
An unanticipated expense that will make it difficult to
get by day-to-day would be a candidate for emergency fund spending.
An unanticipated expense indicates a kind of expense incurred by an individual without being planned for and as such don't fit into regular budget. It could arise in an emergency situation or during hike in price of goods and services.
Examples of unanticipated expense includes; medical bills, car repairs bills, annual insurance premium etc.
