Answer:
<em><u>Morale.</u></em><em><u> </u></em><em> </em><em>Defined </em><em>as </em><em><u>the </u></em><em><u>attitude</u></em><em><u> </u></em><em><u>of </u></em><em><u>individual </u></em><em><u>groups </u></em><em><u>toward </u></em><em><u>their </u></em><em><u>work </u></em><em><u>environment</u></em><em><u> </u></em><em><u>toward </u></em><em><u>voluntary</u></em><em><u> </u></em><em><u>cooperation</u></em><em><u> </u></em><em><u>to </u></em><em><u>the </u></em><em><u>full </u></em><em><u>extent </u></em><em>of their ability in the best interest of the organization. </em>
Answer: D- increase the net book value of plant assets when incurred.
Explanation:Plant Assets like property, plant, equipment are fixed assets and are referred to the resources that have physical substance. They are used in the running of a business and are not for customers sale.
-Additions and Improvements are the costs incurred to increase a plant assets by increasing efficiency and productiveness of the asset, they increase the net book value of plant assets when they are incurred leading to more productive facilities and output
Answer:
The income before taxes for Discounted Supplies Inc is calculated as follows:
Sales - $100,000
less Variable cost - $24,500
less Fixed cost: Controllable & Uncontrollable & Unallocated - $25,500
less Operating cost - $16,400
Net Income = $33,600
Explanation:
The net income is the income before taxes. It is arrived at after deducting variable and fixed costs of sales, including operating cost.
It is based on this figure that income taxes will be levied.
The net income or income before taxes is regarded as the bottomline profit or returns or earnings that is distributable to stakeholders, including the government for taxation and the shareholders in form of dividends.
It shows the result of the efforts in running a business. A positive income before taxes shows that costs are being efficiently managed. It leaves a compensation for investors and the economy as a whole.
Answer:
cash 16,930
note receivable 15,000
interest revenue 1, 930
Explanation:
Pozzi works his accounting under cash basis. This means it do not recognize any interest revenue over the past of time. It will recognize the gain on the loan entirely at maturity, when the cash is received.
Therefore his journal entry at maturity will be:
a debit to cash forthe received amount
a credit to note receivable, to write-off the balance
and a credit to interest revenue to recognize this gain.
