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aalyn [17]
3 years ago
6

What is distinctive about double-entry accounting?

Business
1 answer:
sukhopar [10]3 years ago
7 0

Answer:

the answer to your question is d

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The Accounts Receivable account has total debit postings of $1,900 and credit postings of $1,100. The balance of the account is
Flauer [41]
Hello there.

<span>The Accounts Receivable account has total debit postings of $1,900 and credit postings of $1,100. The balance of the account is a/an

Answer: </span><span>A. $800 debit. 
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3 years ago
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As a result of conducting a gap analysis, the potential entrepreneur proved there was a need for the business. This is called do
Vera_Pavlovna [14]

Answer:

due diligence

Explanation:

Due diligence refers to an entrepreneur or a business man/woman basically doing their homework, i.e. investigating thoroughly about a business opportunity before deciding to accept a business proposal, enter a new market, or start a new business.

Many times, management is required by law to perform due diligence before entering a new business or signing certain contracts, but it is just common sense that before you start a new business you will try to find out if the business is feasible or not.

7 0
3 years ago
Which is NOT a major expense category?
bija089 [108]

Answer:

D

Explanation:

Food. Because you can get a Burger for a dollar..

8 0
4 years ago
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A firm has sales of $50,000, EBIT of $10,000, depreciation of $4,000, and fixed assets increased by $2,000. If the firm's tax ra
sergij07 [2.7K]

Answer:

$8,000

Explanation:

Data provided in the question:

Sales = $50,000

EBIT = $10,000

Depreciation = $4,000

Increase in Fixed assets = $2,000

Tax rate = 30%

Increase in net operating income = $1,000

Now,

PAT = EBIT - Tax

= 10,000 - (30% of EBIT)

= $10,000 - (30% of $10,000)

= $10,000 - $3,000

= $7,000

Operating cash flow = PAT + depreciation

= $7,000 + $4,000

= $11,000

Therefore,

Free cash flow

= Operating cash flow - Increase in Fixed asset - Net working capital

= $11,000 - $2,000 - 1,000

= $8,000

4 0
3 years ago
Gibson Valves produces cast bronze valves on an assembly line, currently producing 1560 valves per shift. If the production is i
dmitriy555 [2]

Answer:

the increased in the labor productivity is 23.08%

Explanation:

The computation of the increased in the labor productivity is given below;

= (Increase in production - current production) ÷ current production

= (1,920 valves - 1,560 valves) ÷ 1,560 valves

=  23.08%

hence, the increased in the labor productivity is 23.08%

Therefore the same should be considered

6 0
3 years ago
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