Answer:
A) DOL = 1.33 times; DFL = 1.80 times; and DCL = 2.4 times
B) Next years expected Earnings before interest and tax = $5.5 million; and Net years expected net income = $2.45 million
C) Next years expected Earnings before interest and tax = $2.5 million; and Net years expected net income = $0.35 million
Explanation:
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D. leniency is based on when somebody rates an employee too high. Strictness error is when somebody was rated very very low.
The answer is<u> "proof-of-concept prototype".</u>
A proof of concept is a framework structured simply to exhibit the usefulness of a solitary or little arrangement of standards to be coordinated into different frameworks. True ease of use isn't viewed as while making a proof of idea since incorporation with other faulty advancements isn't just tedious, however may weaken the capacity to decide whether the standard idea is practical.
A prototype is a first endeavor at making something that may be true usable. It is assumed that you may misunderstand things all the while, yet finding that out is the standard motivation behind a model. A model will have all (or almost all) of the usefulness of the completed item, however will for the most part not be as proficient, tastefully satisfying, or strong.
The after sales services are included in the product category of market mix. Option C
<u>Explanation:
</u>
The set of ideas or actions taken by a business entity or a company to promote its product or brand in the market. The four P’s of marketing mix are namely,
- Product - The end product that is offered for sale.
- Price – The value set for the finished good for selling.
- Place – Direct or indirect markets.
- Promotion – Public relations, advertising, etc.,
From the given, discounts comes under pricing, product image used in advertising comes under promotion and substitute goods belong to a different topic. After-sales services comes under the service branch of the product category.
Answer: $324,800
Explanation:
It is a general Principle that when calculating income tax expense, that the Extraordinary loss is treated separately because it is not a usual thing.
The income gained from changing the Accounting principle is not included as well.
The Taxable income to be recorded therefore is,
Taxable income = Income + Gain on disposal - Unusual loss (due to its infrequency)
Taxable income = 928,000 + 32,000 - 148,000
Taxable income = $812,000
Tax expense would therefore be,
= 812,000 * 40%
= $324,800
$324,800 is the amount of income tax expense Arreaga would report on its income statement.
