Answer: $4.1 million
Explanation:
From the question, we are informed that the ending retained earnings balance of the Taco Heaven restaurant chain increased by $2.6 million from the beginning of the year and that the company had declared a dividend of $1.5 million.
The net income earned during the year will be:
= $2.6 million + $1.5 million
= $4.1 million
The answer is: competitive environment
The competitive environment of a company include all things that could affect how well the company could sell its product in the market. The factors that could affect such performance include things such as how many rivals sold similar products in the market, consumers' preference, how many products can be used as alternative for the company's product, etc.
Answer:
$250 ( C )
Explanation:
using the given data below is the entry
The adjusting entry to recognize bad debts will include a debit to bad debt expense for
<h3>
particulars amount</h3>
Beginning accounts receivable 14000
+ Credit sales made during the year 172000
(-) collections from debtors (170000)
(-) expected salary return & allowances for credit sales (2000)
Ending accounts receivable 14000
Percentage of bad debt 1.5%
Total bad debts balance required ( 14000*1.5%) 210
+ Already debit balance in allowance for doubtful account 40
Total debit to be made in bad debts 250
Total debts = total bad debts balance required + already debit balance in all
= 210 + 40 = $250
Answer:
$69,000
Explanation:
The double-declining method uses twice the rate of the straight-line depreciation method.
In this case, we need to determine the depreciation rate under the straight-line method. The asset has a useful life of 5 years.
the depreciation rate = 1/5 x 100
=0.2 x 100
=20%
The Depreciation rate for the double-declining method is 40%. The straight-line method considers salvage value at the beginning, but double-declining depreciates until the salvage value.
In the first year under the double-declining method, the depreciation amount was $27,600.
It means 40% of the asset cost is $27,600.
The asset cost is 100%
40%=$27,600
100% = 27,600/40 x 100
=$690 x 100
=$69,000
Asset cost = $69,000
Answer:
hi your question lacks the options hence i will list out some factors to be considered :
- The goal of the network
- The training of the employees on how to use it
- The budget of the organization
- The maintenance
Explanation:
A network engineer is a professionally trained technology expert that his primary duty is to setup a computer network within an organization that enables the exchange of voice, data and video within the organization.
A network engineer has to consider some factors while performing his duties in other to do an excellent job for the organization and some factors to be considered are. the goal of the network which simply means that the network service required by the organization of what purpose do they want it, the training of the employees on how to use the network is also considered by the engineer the most important which is the budget of the organization and the maintenance of the network after it has been setup.
