Working thru a case gives you the possibility to show problem-solving skills, quantitative reasoning skills, analytical skills, logical reasoning, communication skills, creativity, and the capability to think on your ft and work thru a problem in real time.
Which of the following are vital strategies when finishing a case study?When completing a case study, it's vital to answer the question being asked. It's additionally essential to talk the steps you have taken to attain your conclusion and the assumptions you made about the data.
A case study interview can help the interviewers evaluate if a candidate would be a top in shape for the position. Sometimes, they would possibly even ask you a question that they definitely encountered. Understanding what the interviewers are looking for can help you better prepare for your answer.
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https://brainly.com/question/13524888#SPJ4Petro Roos is thinking of purchasing the business premises rather than renting it. Provide Two separate advantages and two separate disadvantages of this option. Note: the business has no financial investments. Any TWO separate advantages Any TWO separate disadvantages
Answer:
Advantages of buying business premises
There are considerable advantages to securing a mortgage to buy business premises, including:
your mortgage repayment is likely to be similar to or less than a rental payment on the same propertywith a fixed rate mortgage, your monthly repayments will be predictableyou aren't exposed to any sudden, large rent increasesyou may be able to sublet any free space, reducing your monthly repayments (you may require permission from your lender to do so) and allowing you to generate extra incomeinterest payments on a commercial mortgage are tax-deductibleany gain in value of the property will increase your capitalas your business grows, you may be able to extend your existing premises, avoiding relocation costsyou have control over what alterations you want to make to your office spaceDisadvantages of buying business premises
The disadvantages of buying business premises include the following:
Unlike renting, you'll need to come up with a substantial mortgage deposit - this is money that might be used for more important business purposes.If you own premises, you may find it harder to relocate your business, because selling business premises is a complex and sometimes lengthy process. If you rent, you may be able to negotiate to end your rental agreement, or to find another organisation to take over your tenancy at short-notice.If you have a variable rate mortgage, you are exposed to increases in interest rates.Owning a property means you'll be responsible for factors such as maintenance, fixtures and fittings, insurance, decoration and security, which can prove expensive.Repaying a commercial mortgageCommercial mortgage fees and costsBook traversal links for Advantages and disadvantages of buying business premisesExplanation:
What is economic growth and it's best example?
Answer:
Economic growth is defined as an increase in a nation's production of goods and services. An example of economic growth is when a country increases the gross domestic product (GDP) per person. The growth of the economic output of a country. As a result of inward investment Eire enjoyed substantial economic growth.
Explanation:
Heres another example, "If the Central Bank cut interest rates, this would provide an incentive for firms to invest (borrowing would now be cheaper). This investment is a component of AD and AD will rise. With higher investment, more people will be employed, and there is a purchase of raw materials."
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What is the government's goal when providing a company with a subsidy?
a) the government only provides subsidies to poor people.
b) to manage the control of dangerous products entering the marketplace
c) to increase their supply
d ) to manage their supply
Answer:
c) to increase their supply
Explanation:
A subsidy is an incentive or motivation from the government to private businesses or individuals. Subsidies are usually in the form of cash, tax breaks, loans, or grants. The government gives subsidies to support production in the sector it wishes to promote.
Subsidies lower the cost of production to the business. Consequently, an entity increases its production quantities and can supply the market at lower prices. Subsidies, therefore, increase supplies in the market at friendly prices.
Wright Company deposits all cash receipts on the day when they are received and it makes all cash payments by check. At the close of business on May 31, 2017, its Cash account shows a $27,500 debit balance. The company’s May 31 bank statement shows $25,800 on deposit in the bank. The May 31 bank statement lists $100 in bank service charges; the company has not yet recorded the cost of these services. Outstanding checks as of May 31 total $5,600. May 31 cash receipts of $6,200 were placed in the bank’s night depository after banking hours and were not recorded on the May 31 bank statement. In reviewing the bank statement, a $400 check written by Smith Company was mistakenly drawn against Wright’s account. The bank statement shows a $600 NSF check from a customer; the company has not yet recorded this NSF check. Prepare a bank reconciliation for the company using the above information.
Answer:
Please see solution below
Explanation:
Bank reconciliation as at June 31st.
•Bank statement balance
$25,800
Add:
Bank service charges
$100
NSF check
$600
Wrong drawn
$400
Total
$1,100
Adjusted bank balance
$26,900
Bank reconciliation as at June 31st.
•Cash book balance
$27,500
Add: outstanding checks
$5,600
Balance
$34,100
Less: deposit in transit
($6,200)
Adjusted book balance
$26,900
You want to own a photography studio and you open one that specializes in wedding
photography. After 6 months though, your studio fails and you close down. Read the
following scenarios and pick which one you think you should do next.
Answer:
Explanation:
Open another photography studio that specializes in wedding photography.
Open a photography studio that offers a wider range of services, such as portrait photography, event photography, and commercial photography.
Take a break from photography and explore other career options before deciding on your next steps.
Based on the information provided, it is not clear which of the above scenarios would be the best option for you. Each of these scenarios has its own advantages and disadvantages, and the right choice for you will depend on your personal goals, interests, and circumstances. For example, if you are passionate about wedding photography and believe that your previous studio failed due to external factors, then opening another studio that specializes in wedding photography may be a good option for you. On the other hand, if you believe that your studio failed because the market for wedding photography is saturated or because your services were not competitive, then expanding your portfolio to offer a wider range of services may be a better option. Alternatively, taking a break from photography and exploring other career options may allow you to gain new skills and experiences that can help you in your future endeavors.
individual incentives may motivate undesirable employee behaviors. group of answer choices true false
Individual incentives may motivate undesirable employee behaviors. (True)
How do rewards operate?Rewards and benefits are employed as incentives to promote advantageous work practices. They come in a variety of forms, such as paying for college, providing more vacation time for employees, and granting companies more flexibility.
A great way to keep your workers motivated to complete their tasks to the best of their abilities is to offer rewards. When it's something they may obtain if they achieve a goal or complete something, they are given anything to strive for.
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How does technology trends affect a pharmacy business?
Answer: Artificial Intelligence or Machine Learning.
Explanation:
Artificial Intelligence or Machine Learning offers multiple benefits such as data processing, enabling pharmacists to make quicker data-backed decisions, and improving customer service. With the Internet of Things, drug inventory management will be more accurate and faster; through device-to-device communication.
Which of the following statements is true regarding the mean absolute deviation measure and the mean square error measure?
a. The values for both measures are unchanged if the forecasting method is changed.
b. Both are measures of seasonal variation.
c. Lower values of these measures reflect more accurate forecasting methods.
d. The mean absolute deviation measure places greater weight on large errors.
e. None of the above.
The correct statement regarding the mean absolute deviation measure and the mean square error measure is c) lower values of these measures reflect more accurate forecasting methods.
Mean absolute deviation (MAD) is the average of the absolute differences between the forecasted values and the actual values. It measures the average magnitude of errors in a set of forecasts, regardless of their direction. Mean square error (MSE) is the average of the squared differences between the forecasted values and the actual values. It measures the average squared difference of errors in a set of forecasts.
Both MAD and MSE are used to evaluate the accuracy of a forecasting model. The lower the values of MAD and MSE, the more accurate the forecasting method is considered. Therefore, option c) is the correct statement.
Option a) is incorrect because changing the forecasting method can change both MAD and MSE values. Option b) is incorrect because MAD and MSE measures do not specifically measure seasonal variation. Option d) is incorrect because MAD places equal weight on all errors, whereas MSE places greater weight on larger errors.
The correct statement regarding the mean absolute deviation measure and the mean square error measure is c) lower values of these measures reflect more accurate forecasting methods.
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which of the following will increase investment spending
A) More optimistic business expectations
B) An increase in interest rates
C) Ann increase in business taxes
D) A decrease in capacity utilization
E) All of the above
Answer:
E
Explanation:
All the suggested options can increase investment spending
Investment spending is the money spent towards business expansion in the area of acquiring capital goods such as plant and machinery or goods used in the production like the raw materials.
Optimistic business decision : Leads to more investment in potential business opportunities
Increase in interest rates : As funds are borrowed to finance investment , increase interest rate will increase spending.
Increase in business taxes : This means that companies will have to pay more on taxes
Decrease in capacity utilization : This will lead to the acquisition of more machinery and investment spending increase
Answer:A More optimistic business expectations
Explanation:
A p e x
What is the best reason for homebuyers to create a budget before taking out a mortgage?
to compare the value of their home with that of their neighbors
to plan how to pay off the money they have borrowed
to set aside enough money to refinance the loan
to figure out how long they can stay in their home
The best reason for homebuyers to create a budget before taking out a mortgage is to : Plan how to pay off the money they have borrowed.
What is a mortgage?A mortgage is an agreement(legal) between a bank and the buyer in which the bank lends money to the buyer to purchase a house.
When a buyer takes a mortgage, the buyer agrees to pay back the money in full with an agreed interest rate, at a stipulated time.
Types of actions that can be taken with a mortgage are :
Purchase a homeMaintain a homeMaintain other types of real estateTherefore, the best reason for homebuyers to create a budget before taking out a mortgage is to plan how to pay off the money they have borrowed.
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Answer:
b
Explanation:
When an employee restates a supervisor's comment, using the employee's own words, what is the employee doing?
conciseness
paraphrasing
inappropriate slang
focused attention?
Answer:
b
Explanation:
When an employee restates a supervisor's comment, using the employee's own words, the employee is paraphrasing. Thus, option 'B' is the correct option.
What is paraphrasing?A paraphrase is a restatement of a text or passage's meaning using other terms. The word itself is taken from the Ancient Greek phrase "additional style of expressing" via Latin paraphrasis. Paraphrasis is another name for the process of paraphrasing. Paraphrasing as a specialized educational activity dates back to at least Roman times, when the author Quintilian suggested it for pupils to enhance language agility, despite the fact that paraphrases were probably common in oral traditions.
This tradition persisted in the Middle Ages when writers like Geoffrey of Vinsauf created classroom exercises that involved using rhetorical devices and paraphrasing to create poems and speeches. It appears that students are no longer required to practice paraphrasing as a separate skill.
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Bill consumes apples and bananas. Suppose Bill's income doubles and the price of apples and bananas also double. Bill's budget line will a. remain unchanged. b. shift right but not change slope.c. shift right and become steeper. d. shift right and become flatter.
c. Bill's budget line will shift right and become steeper.
When Bill's income doubles and the prices of both apples and bananas also double, it means that his purchasing power has increased. However, since the price of both goods has also increased, the increase in his purchasing power may not be enough to maintain his original consumption of both goods.
As a result, Bill's budget line will shift to the right because he can now afford to buy more of both apples and bananas. However, the budget line will become steeper because the increase in price means that he has to give up more of one good to buy more of the other. In other words, the opportunity cost of consuming one good has increased.
Therefore, option c is the correct answer.
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what is the relationship among job,employment and education?
Answer:
i know it
Explanation:
Job/employment are the same for all intents and purposes.
The relationship between employment and education is a most obvious one.
First of all, “education” is not limited to just a college education. It includes (but is not limited to): trades, industry management track training, apprenticeships, as well as college.
When a prospective worker has knowledge, skills, abilities, and education (KSAEs), he/she increases his potential for better paying jobs. The more he/she increases those KSAEs the higher his/her job prospects go.
This is pretty much job/employment 101.
plz mark my answer to brainliest answer
Answer: n every single 1 we r learning sum and we r doing sum new
Explanation:
during the early market growth of many countries, the first large open market was _____.
During the early market growth of many countries, the first large open market was United States.
There are little to no constraints on how enterprises can conduct themselves in an industry that is accessible to competition. An open market is devoid of tariffs, taxes, licenses, subsidies, the formation of unions and any other rules or procedures that impede free-market activity. There may be entry barriers that are competitive, yet there are never entry barriers that are regulatory in open markets. Option A is the correct answer.
In a free market, supply and demand mostly decide how much goods and services cost, with little intervention and no outside influence from large businesses or governmental bodies. Open markets go hand in hand with liberal trade policies, which seek to eliminate prejudice toward imports and exports.
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The complete question is, "During the early growth of many countries, the first large open market was _____.
A. United States
B. China
C. Australia
D. Germany
E. India"
Place the steps of the job application process in order.
Hiring company post job description to a job opening
Hiring company conducts interviews
Interested applicants submit resume and cover letter
Hiring company calls references for the job applicant (s) they like the most
Hiring company offers there selected applicant the job
Interested applicants complete the job application provided by the company.
PUT THEM IN ORDER PLS I NEED HELP UNDERSTANDING THIS FOR ENTREPRENEURSHIP
Answer:
1. Hiring company post job description to a job opening
2. Interested applicants complete job application provided by the company
3. Interested applicants submit resume and cover letter
4. Hiring company conducts interviews
5. Hiring company calls references for the job applicant(s) they like the most
6. Hiring company offers there selected applicant the job
in a private placement of bonds, bonds may be sold to
The bonds in private placement can only be sold to the pre-selected investors and institutions.
The private placement means an private alternative to the process of issuing bonds which are previously publicly offered for the purpose of raising capital for the corporation.
The Private placement involves the offers or sales of debt/equity securities between the issuer and selected investors.
Therefore, in conclusion, the bonds in private placement can only be sold to the pre-selected investors and institutions.
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A large city offers many venues for watching a concert. A listing of concert venues for the city includes the following information: the number of seats, the age of the venue, the number of nearby parking spaces, and the location of the venue (inside or outside). What are the individuals in the data set?
concert venues
seats
ages of the venue
parking spaces
Answer:
A. concert venues
Answer:
A
Explanation:
The time to research a potential employer is _____.
after a first interview
before you apply
the day before your interview
after you submit your résumé
Answer:
maybe after a first interview
Answer:
B. before you apply
Explanation:
Think about those scenes in a movie where the brochure they are given shows a beautiful resort but when you get there, it's an old worn out building. Employers can be like the brochure in person or may seem like the brochure but the complete opposite in person. You want to do your research so you get the best there is.
Please answer this and all sub questions with details.
Sue is the manager of the Health Care Systems division. She has two goals: to increase morale with the employees of Health Care systems (including new hires) and to increase sales with a number of the product lines.
Sue is requesting a 3+ page report predicting sales for prosthetic legs, pacemakers, and Heart monitors. She is looking for:
A) appropriate forecasting charts for each of the three products
B) discussion of any patterns that you observe
C) discussion of the validity of each forecast including the level of confidence you have with each forecast
D) discussion of the viability of each product including a discussion of either needed cutbacks or anticipated new hires for the Health Care Systems division
Rubric: Report Grading Rubric
1. Revenues from the sales of prosthetic legs over the past 13 months are as follows:
Sales Month
$110,257 January
$140,507 February
$163,682 March
$100,346 April
$156,549 May
$178,942 June
$110,331 July
$142,700 August
$172,555 September
$120,030 October
$145,230 November
$160,780 December
$113,290 January
Sue would like you to use a moving average with three months to show the actual and "smoothed out" sales for the 13 months shown. Then she is requesting a prediction for sales in February using the moving averages for sales. Include your prediction for February on this EXCEL chart as well.
The report will include appropriate forecasting charts, discussion of patterns observed, validity of each forecast, and viability of the products with a consideration of cutbacks or new hires.
The report will begin by providing appropriate forecasting charts for prosthetic legs, pacemakers, and heart monitors. For prosthetic legs, a moving average with three months will be used to show both the actual sales and the smoothed out sales for the past 13 months. This moving average helps to identify trends and patterns by averaging sales data over a specific period. Additionally, a prediction for sales in February will be included using the moving averages for sales.
Next, the report will discuss any patterns observed in the sales data. By analyzing the sales trends over the past 13 months, any recurring patterns such as seasonal fluctuations, upward or downward trends, or irregularities can be identified. These patterns can provide insights into the factors influencing sales and help in forecasting future sales for the products.
The validity of each forecast will be addressed in the report, assessing the reliability and accuracy of the forecasts. Factors such as the quality of the data, the methodology used for forecasting, and any assumptions made will be considered. The level of confidence associated with each forecast will be discussed, indicating the degree of certainty in the predicted sales figures.
Furthermore, the report will evaluate the viability of each product, considering the sales performance and market demand. It will discuss whether any cutbacks are necessary for certain products based on their sales trends and profitability. Additionally, the report will examine the potential need for new hires in the Health Care Systems division to support the sales growth of specific product lines.
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What do we call a business that focused on building products that meet consumers' needs?
Answer: Market oriented business
Explanation:
Market orientation refers to the business philosophy whereby companies identifies the needs of their customers and make products that meet such needs or wants.
A business that's using market orientation will research the current trends in the market and make products that meet them. Strong brands use market orientation approach to meet customers needs.
7. Nestle products Ltd includes in its account system a
purchase and sales ledger control account. The firms' trial
balance as at 31 March, 2018 includes the following
entries.
Purchases ledger control account
Sales ledger control account
The following is a summary of the firms' transactions with its suppliers:
1. Goods purchased and received from suppliers
(a) Gross invoice value before trade discount
(b) Net invoice price after trade discount
2. Goods returned to suppliers
(a) Gross invoice value before trade discount
(b) Gross invoice/price after trade discount
3. Amount due to suppliers
(a) Total amount
(b) Settled by payment of
4. Goods sold to customers:
(a) gross invoice value price before discount
(b) Net invoice value price after discount
5. Goods returned from customers:
(a) Gross invoice value before trade discount
(b)Net invoice price after trade discount
6. Amount due from customers:
GH¢'000
Dr 1,242
Cr 24,647
Dr 39,650
Cr
941
210,756
176,410
16,476
15,113
163,300
159,400
344,700
310,690
7,600
6,764
(a) Full amount
(b) Settle by receipts of
7. Customers debt written off
Additional information:
• It has been decided to create a provision for doubtful debt at
31/3/18 of 12%2% of the total amount due from customers
indebted to the firm. There was no provision for doubtful debt
in the trial Balance at 31 March, 2019
307,610
306,540
970
• At 31st March, 2019 both the purchases and sales ledgers
included accounts with K. M, purchases ledger GH¢1,630,000
(credit), sales ledger GH¢1,268,000 (debit).
• It has been decided to set off K. M's sales ledger balances
against the balance in purchases ledger. The purchases ledger
at 31st March, 2019 included the following account with debit
balances G. G GH¢930,000, L. B GH/420,000.
• The sales ledger at 31st March, 2019 included the following
accounts with credit balances P. H GH¢230,000, H. P
GH¢83,000, K. B GH¢500,000.
You are required to prepare the following account for the year
ended 31st March 2019 in the books of Nestle products Ltd.
(a) Payables ledger control account
(b) Receivables ledger control account
The required accounts to be prepared for the year ended 31st March 2019 in the books of Nestle products Ltd are:
(a) Payables ledger control account(b) Receivables ledger control accountTo prepare these accounts, the given information regarding the transactions with suppliers and customers is used. The purchases ledger control account and sales ledger control account balances are also considered. The provision for doubtful debts is accounted for in the receivables ledger control account.
The accounts with K. M are set off against each other. The debit balances in the purchases ledger accounts of G. G and L. B are adjusted, and the credit balances in the sales ledger accounts of P. H, H. P, and K. B are adjusted.
The payables ledger control account is prepared to show the balance owed to suppliers, while the receivables ledger control account is prepared to show the balance owed by customers. These accounts help in determining the total payables and receivables of the company at the end of the financial year.
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to report one's ama at a hotel an airport sic)
A Deadline
B.Schedule
Checker
Answer:
B?
Explanation:
a company purchased equipment for $481,639 which was estimated to have a useful life of 10 years with a salvage value of $10,317 at the end of that time. depreciation has been recorded for 8 years on a straight-line basis. in 2020, it is determined that the total estimated life should be 15 years with a salvage value of $6,081 at the end of that time. what is the annual depreciation for 2020?
If total "estimated-life" is 15 years, then the "annual-depreciation" for year 2020, will be $14072.
To calculate the annual depreciation for 2020, we consider the initial depreciation and the revised estimated life of the equipment.
The Depreciation Per Year before the "Revised-Life" of Equipment is = [( $481639 - $10317) / 10 Years ] = $47132,
So, "Total-Depreciation" for 8 Years is = ($47132 × 8 Years ) = $377056,
The WDV of Equipment at time of "Revision-of-Life" in 2020 will be = ($481639 - $377056) = $104583,
So, at time of "Revision-of-Life" of Equipment, Total Expected Life of Asset revised to 15 years and Salvage-Value of $6081,
Out of 15 years, 8 years has already expired, which means that remaining life of Equipment is = ( 15 - 8 ) = 7 years,
So, Depreciation Expense in year 2020 is = [($104583 - $6081)/7]
= $14072.
Therefore, the required annual-depreciation is $14072.
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What did the British East India Company import?
Black pepper is imported by the British East India Company. In the first century of business, the British East India Company increased its economic clout in the Far East.
On the beginning, there was a learning curve: after the first 16-month round voyage from the Spice Islands (modern Indonesia), the company imported so much black pepper that the surplus in the market pushed prices lower. English and then British joint-stock corporation The East India Company (EIC) was established in 1600 and shut down in 1874. It was created to facilitate trade in the Indian Ocean region, first with the East Indies (the Indian subcontinent and Southeast Asia), then with East Asia.
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Give (2) examples how we deal with "Scarcity"
Answer:
Either increasing supply or lowering demand
Explanation:
increasing supply:
e.g. when less developed countries (LDCs) experience a famine or drought, other countries can supply food and/or water to them
lowering demand:
finding alternative solutions of the product (that have the same effect as the original product) or reducing the reasons for why there is a high demand
- e.g. crops not growing well due to weather/crop disease going around -> find a crop that is more resistant to the disease (reducing reasons for demand)
- e.g. rice field has an infestation -> not yielding enough rice to feed the population -> population feels hungry and other foods cannot help them feel full/sustain them -> find another crop to substitute, like yam or potatoes that are equally filling (alternative solutions)
but these two are pretty much the same so
also please note I don't take any courses on supply and demand other than geography so I might be completely wrong
How does decreasing your credit card balance affect your income statement? (1 point)
It increases your monthly expenses, increasing the amount you spend each month.
It increases your monthly expenses, giving you more money to spend on other things.
It decreases your monthly expenses, increasing the amount you spend each month.
It decreases your monthly expenses, giving you more money to spend on other things.
The way in which decreasing your credit card balance would affect your income statement is that: D. It decreases your monthly expenses, giving you more money to spend on other things.
What is a credit card?A credit card simply refers to a small, rectangular flat card that is issued by a financial institution to its eligible customers, in order to avail them an opportunity to purchase goods and services on credit, especially based on the agreement that this amount of money would be paid back at a specific time and interest rate.
Generally speaking, a credit card balance can be defined as the total amount of money that an individual owe his or her credit card company. This ultimately implies that, a decrease in credit card balance would cause a decrease in monthly expenses, which avails the credit card holder more money to spend on other things.
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Answer: 1. a loan from one entity electronically matched to another entity without a financial institution in the middle
2. a payday loan
3. an unsecured installment loan
4. It decreases your monthly expenses, giving you more money to spend on other things.
5. Determine or estimate the current value of everything you own.
6. Their ability to repay a loan
7. your prior record of paying your bills and paying off your debts
8. your age and gender
9. You can request one online or over the phone.
10. He should contact the credit bureau that issued the credit report, the companies that issued the seven fraudulent cards, his local police, and the federal government at identitytheft.gov.
11. -the lender that provided the incorrect information
-the credit bureau that prepared the report
12. right away
13. She won a $20 billion settlement for California homeowners whose homes were inappropriately foreclosed on.
14. The longer the term, the more you will pay in interest.
15. It will cost you less money overall.
16. A store credit card generally comes with a higher interest rate.
17. You will save money if you pay the balance off quickly.
18. -Clarifying the confusing language found on credit card applications.
-Forcing lending companies to disclose interest rates and hidden fees.
19. It banned credit card companies from raising interest rates after missed payments.
20. -a fixed annual charge for the use of a credit card
-a charge if the minimum payment is not paid by the due date
21. paying off the balance before interest can accrue
22. $30
23. Determine which card has the higher interest rate and pay the extra money to that card first.
Explanation: All these answers are correct!
Please help!
a) Beatrice lives in a small town of 5,000 people. There are 1,500 people under the age of 16,
500 people who are retired, 2,750 people who have jobs, and 250 people who are actively
looking for work. What is the unemployment rate of Beatrice's town?
Answer:
8.33%
Explanation:
250 unemployed people looking for work / 3000-member labor force = 0.0833
3000 = 5000 (the population) minus 2000 (those who aren't part of the labor force; aka the kids and retirees)
A Salesforce Administrator accesses Flow Builder to make final changes to flow before activating it. Where can the flow be quickly activated?
The flow can be quickly activated within the Flow Builder itself.
Once the Salesforce Administrator has made the final changes to the flow in the Flow Builder, they can activate it directly from the Flow Builder interface. There is typically an activation button or option available within the Flow Builder that allows users to activate the flow with a simple click.
Activating the flow within the Flow Builder ensures a seamless and efficient workflow management process. It eliminates the need to navigate to different sections or pages to activate the flow, providing a convenient and streamlined experience for the Salesforce Administrator.
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Create an Income Statement for the month ended November 30, 2020 for Riley Repair Shop:
Repairs Revenue is $9,900
Installation Fees is $1,600
Salaries Expense is $2,600
Rent Expense is $2,000
Advertising Expense is $850
Supplies Expense is $185
Utilities Expense is $235
Insurance Expense is $150
Delivery Expense is $770
The Net income from the Income Statement of Riley Repair Shop equals $4,710.
What is the Income statement?Revenue:
Repairs Revenue = $9,900
Installation Fees = $1,600
Total $11,500
Salaries Expense = $2,600
Rent Expense = $2,000
Advertising Expense $850
Supplies Expense $185
Utilities Expense $235
Insurance Expense $150
Delivery Expense $770
Total $6,790
Net Income $4,710
Therefore, the Net income from the Income Statement of Riley Repair Shop equals $4,710.
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what are expenses from those:
1. premises
2. Machinery
3. Rent received
4. Advertising
5. Motor Vehicle
6: Motor expense