Answer:
c.$14,060
Explanation:
I hope my answer is correct
Answer:
My advice to the CEO would be:
First, make a general assessment of the social, economic, and political climate of France. France is a developed country, so this should not impede entering in the French market, but this kind of analysis should anyway be made.
Second, make an assessment of the business climate in France, taking into account factors like tax policy, economic policy and more improtantly, trade policy.
Third, make a market study of the high-end clothing sector in France. France is a country that has many renowned luxury brands, so competition is going to be stiff no matter what, but the market study could highlight some areas where a different kind of impact could be made.
Finally, develop a strategic plan before entering the French market. This plan can be made taking into account all the information from he previous analysis.
The term used to describe expenses that are incurred by a specific department is direct expenses.
Accounting divides business expenses into two categories: operating expenses and non-operating expenses.
The operating expenses are associated with the primary activities of the business, such as the cost of goods sold.
Non-operating expenses, on the other hand, are those incurred that are unrelated to the primary activities of the business entity.
- Option a. is not correct. Indirect expenses aid in the operation of the business but are not directly traceable to the products, such as corporate office rent, employee salaries, and so on. In general, indirect expenses are recorded on the income statement under the heading "Selling and general administrative expense."
- Option b. is also wrong. There are no such things as margin costs.
- Option c is not correct. Departmental expenses are expenses, but they are not expenses incurred by a particular department.
- Option d. is the correct response. Direct Expenses are expenses incurred solely for the benefit of specific departments.
Hence, direct expense is the answer.
Learn more about direct expenses:
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Answer:
Debit Cash accounts $7,687
Credit accounts receivables $7,687
Being entries to record cash receipt from customer.
Explanation:
When customers purchase on account, the entries required are credit sales and debit accounts receivables.
When cash is paid, Debit cash account and credit accounts receivables with the amount paid. This has a net effect on account receivables and so the balance in the account is reduced.
Answer:
C) $40,000.
Explanation:
As we know, the net income is a difference between the total revenues and the total expenditure incurred
Net income = Total revenues earned - Total expenditure incurred
= $100,000 - $60,000
= $40,000
By subtracting the total expenses from the total revenues we can find out the net income and the same method is applied in the above calculation
