Answer: the row designations in the Stockholders' Equity section of the balance sheet.
Explanation: In simple words, statement of changes in equity refers to the financial statement of an organisation that represents the changes that occurred in the company's share capital , accumulated reserves and retained earnings over a specified period time, generally a year.
The columns of such a statement usually deficits the data for which the statement is made and the period for which the capricious is done or forecasting is done for future. These columns depicts the nature of amounts that are recorded with in rows with their titles in the first row.
Answer:
Economies of scale
Explanation:
economies of scale happen in very competitive market . The output increases so the prices drop. As technology gets more advanced, prices drop due to the economies of scale
Calculate the amount of the bonus.
Answer:
The amount of bonus=$12,992.42
Explanation:
Step 1: Express the formula as one of more algebraic equations
Let B=Bonus
Let T=Taxes
B=8%x($245,000–B–T)...equation 1
T=30%x($245,000–B)...equation 2
Since we have the value of T in equation 2, we can substitute it in equation 1 above;
B=8%x{(245,000–B–30%x(245,000–B)}
B=0.08 x {245,000-B-73,500+0.3 B}
B=0.08 x {245,000-73,500-B+0.3 B}
B=0.08 x {171,500-0.7 B}
B=13,720-0.056 B
B+0.056 B=13,720
1.056 B=13,720
B=(13,720/1.056)=$12,992.42
The amount of bonus=$12,992.42
Step 2: Prepare the adjusting entry to record the bonus compensation
Bonus compensation expense 12,992.42
Bonus compensation payable 12,992.42
Answer:
a secured loan requires a collateral and an unsecured loan does not.
Explanation:
Hope this helps. I got it correct on my Odyssey assignment.
The common practice for people today to use the products all over the world that are assembled in various nations is due to the reflection of globalization
Explanation:
The way in which the people of different countries interact and they they integrate by importing and exporting commodities from one country to another is called as globalization
This makes the people more interactive and it connect countries to make the people more advanced in their own technologies and they will have a wide knowledge about other countries economy and this will also make the international trade easier
Answer:
SITUATIONAL
Explanation:
The interviewer asks that candidate during interviewing for a sales role at Lock-Spark Inc. to imagine a scenario where a customer emails to complain that goods were damaged during Lock-Spark distribution. Then the interviewer asks an individual candidate what they would do to deal with this issue. This is an example of an interview with a situation.