Answer:B. Governments
Explanation: Because first and foremost the taxes that are required form the people who are working becomes the property of the government and therefore this money must be allocated well in infrastractures such as roads and national literacy such as education.
Answer and Explanation:
The Journal entries are shown below:-
Office equipment Dr, RM8,000
To Cash RM3,000
To Accounts payable RM5,000
(Being purchase of office equipment is recorded)
Here we debited the office equipment as it increased the assets and credited the cash and account payable as it decreased the assets and increased the liabilities
Answer:
15.79%
Explanation:
Current Average operating asset = $500,000
Decrease in asset base will make average operating asset $380,000 [500000 - 120000]
ROI = Operating Income / New operating asset base
=$60,000 / $380,000
= 15.78947...% = 15.79%
Hence, the correct answer is 15.79%
