In 2021, Ryan Management collected rent revenue for 2022 tenant occupancy. For financial reporting, the rent is recorded as deferred revenue and then recognized as revenue in the period tenants occupy rental property. For tax reporting, the rent is taxed when collected in 2021. The deferred portion of the rent collected in 2021 was $130. 0 million. No temporary differences existed at the beginning of the year, and the tax rate is 25%. Suppose the deferred portion of the rent collected was $60 million at the end of 2022. Taxable income is $520 million.
Required:
Prepare the appropriate journal entry to record income taxes Iin 2022
Answers
To prepare the journal entry to record income taxes in 2022, follow these steps:
Determine the temporary difference between the deferred rent revenue for financial reporting and tax reporting purposes.
Temporary difference = Deferred revenue at the end of 2022 - Deferred revenue at the beginning of the year
Temporary difference = $60 million - $130 million = -$70 million
Calculate the deferred tax liability or asset related to the temporary difference.
Deferred tax liability/asset = Temporary difference × Tax rate
Deferred tax liability/asset = -$70 million × 25%
Deferred tax liability/asset = -$17.5 million
Since the result is negative, this is a deferred tax asset.
3. Calculate the income tax expense.
Taxable income = $520 million
Income tax expense = Taxable income × Tax rate
Income tax expense = $520 million × 25%
Income tax expense = $130 million
4. Determine the change in deferred tax asset.
Change in deferred tax asset = -$17.5 million (calculated in step 2)
5. Prepare the journal entry for income taxes in 2022.
Debit: Income tax expense = $130 million
Debit: Deferred tax asset = $17.5 million
Credit: Income tax payable = $147.5 million
The journal entry for recording income taxes in 2022 would be:
Income Tax Expense 130,000,000
Deferred Tax Asset 17,500,000
Income Tax Payable 147,500,000
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Related Questions
What is an audiologist?
Answers
Answer:
An audiologist is a licensed healthcare professional who specializes in diagnosing and treating hearing
Explanation:
Answer:
Audiologists are health care professionals who identify, assess and manage disorders of hearing, balance and other neural systems.
Explanation:
An audiologist is a licensed hearing health care professional who specializes in the diagnosis and treatment of hearing loss and balance disorders in adults and children. ... Treatment for balance disorders and tinnitus (ringing in the ears) Hearing and speech rehabilitation programs.
Also:
An audiologist is a licensed healthcare professional who specializes in diagnosing and treating hearing, balance and tinnitus disorders and who has, at minimum, a master's degree. Many, however, also go on to get a doctorate degree (Au. D.), and only then become a Doctor of Audiology.
What is the main advantage of primary data compared to secondary? Multiple choice question. reduces cost of data collection offers a guarantee of reliability specific to the problem being studied saves time in data collection
Answers
The main advantage of primary data in compared to secondary data is that its has a guarantee of reliability specific to the problem being studied.
What are primary data?A primary data refers to data that are collected directly from interviews, surveys, experiment by the researchers.
Hence, a most important as aspect of a primary data is that the data is genuine and allows for used in secondary data like Journal, newspapers etc
Therefore, the Option B is correct.
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Carl’s business insurance costs $3,000 per year. Carl paid for and purchased a 12-month insurance policy on October 1, Year 1. On October 1, Year 2, Carl’s insurance increased to $3,300 per year. A building contract Carl was working on was delayed when they had to obtain additional permitting. Because cash flow was tight, Carl delayed renewing the insurance policy. Instead of making the payment due on October 1, Year 2, Carl paid 3 months of insurance in arrears on January 1, Year 3. Carl is a cash-method taxpayer and took advantage of the 12-month rule in Year 1 for prepayments. What is Carl’s insurance expense deduction for Year 2?
Answers
Answer:
Carl's Insurance Expense Deduction for Year 2
Since he took advantage of the 12-month prepayments rule, his Year 2 Insurance deduction was deducted in Year 1.
While his deduction should have been equal to
= Annual Insurance Expense/12 x 9 = $3,300/12 x 9 = $2,475
In Year 2, it is equal to $0 since he did not make any payment for Insurance.
Explanation:
Under the cash method of accounting, two rules govern how someone can deduct prepaid expenses:
1. The General Rule
2. The 12-Month Rule
1. The General Rule
Under the general rule, you cannot deduct the full amount of an advance payment covering more than 12 months. You must deduct a portion of the payment in the year to which it applies.
Example: The General Rule.
Carl is a cash method taxpayer on a calendar year.
On October 1, 2018 Carl pays $3,600 in advance for business insurance covering three years.
Coverage begins October 1, 2018.
Coverage ends September 30, 2021.
Result:
The general rule applies.
The advance payment covers more than 12 months (36 months).
A portion of the $3,600 must be deducted ratably over the three-year period.
To find the portion of the $3,600 Carl deduct each tax year:
First, divide the $3,600 by 36 (months) to find the monthly premium amount.
Then, multiply the number of months remaining in each tax year by the monthly premium
Monthly premium: $3,600 / 36 = $100 per month.
Oct. 1, 2018 - Dec. 31, 2018: 3 x $100 = $300 deduction for 2018
Jan. 1, 2019 - Dec. 31, 2019: 12 x $100 = $1,200 deduction for 2019
Jan .1, 2020 - Dec. 31, 2020: 12 x $100 = $1,200 deduction for 2020
Jan. 1, 2021 - Sep. 30, 2021: 9 x $100 = $900 deduction for 2021
The 12-Month Rule
The 12-month rule says that Carl may deduct the full amount of an advance payment in the year the payment is made if it creates rights or benefits for the taxpayer that do not extend beyond the earlier of:
12 months after the right or benefit begins, or
The end of the tax year after the tax year in which payment is made.
Example 1: The 12-Month Rule.
Carl is a cash basis taxpayer on a calendar year.
On October 1, 2018 he pays $2,000 for business insurance covering one year.
The policy begins October 1, 2018 and ends September 30, 2019.
Result:
The 12-month rule applies.
Deduct the full $2,000 in 2018
The benefit does not extend beyond 12 months after the right to receive the benefit begins - October 1, 2018.
You make annual payments of $1,000 into a bank account to provide for the your daughter's university education, starting on the day your daughter is born and end on her 18th birthday. What will X be the balance in the account on your daughter's 18th birthday (to the nearest dollar) if the funds earn 4.46% p.a.?
Answers
the balance in the account would be approximately $26,465 on your daughter's 18th birthday if the funds earn 4.46% p.a.
To calculate the balance in the account on your daughter's 18th birthday, we can use the formula for the future value of an ordinary annuity.
The formula for the future value of an ordinary annuity is:
FV = P * ((1 + r)ⁿ - 1) / r
Where:
FV = Future ValueP = Payment amount
r = Interest rate per periodn = Number of periods
In this case, the payment amount (P) is $1,000, the interest rate (r) is 4.46% per year, and the number of periods (n) is 18 (from the day your daughter is born until her 18th birthday).
Plugging in the values into the formula, we get:
FV = 1000 * ((1 + 0.0446)¹⁸ - 1) / 0.0446
Calculating this expression, the balance in the account on your daughter's 18th birthday is approximately $26,465 (rounded to the nearest dollar).
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Select all that apply.
Select the items that describe a free market economy.
efficient market system
distribution of goods through price
competition among businesses
small selection of goods and services
little freedom for producers
Answers
Explanation:
Free market system is efficient and had wide array of sphere. In a free market system goods are distributed through price . As it include both consumers and producers which only deals on price.As in free market system there is no role of government, so there is a competition between businesses and business man to achieve greatest profit .Chiko bought 75 shares of stock at $19.58 per share. She recelved total dividends of $73.42 during the year. At the end of the year, her stock was valued at $22.14 per share. What was her ROI? (Round percentages to one decimal place.)
Answers
Answer:
Return on investment = 18.07% (Approx.)
Explanation:
Given:
NUmber of share = 75 shares at $19.58 per share
Amount of dividend received = $73.42
Stock value at end = $22.14 per share
Find:
Return on investment
Computation:
Purchase price = 75 x 19.58
Purchase price = $1,468.5
Final value + Dividend = 75(22.14) + 73.42
Final value + Dividend = $1,733.92
Profit = $1,733.92 - $1,468.5
Profit = $265.42
Return on investment = [Profit / Initial value]100
Return on investment = [265.42 / 1,468.5]100
Return on investment = 18.07% (Approx.)
Select the correct answer.
Some merchandisers design window displays.
A. True
B. False
Answers
Answer:
your answer would be (A) True
Explanation:
review the table below: boeing anticipates paying a dividend of $4.30 next year and intends to increase the dividend by 4% per year in perpetuity. what is the expected price of boeing stock today? company beta us steel 1.77 ford mo co 1.31 general electric 1.20 boeing 0.94 amazon 0.90 starbucks 0.79 mcdonalds 0.51 walmart 0.26 market details current t-bill price 975.88 historic average 1 year t-bill rtn 2.3% current market return 8.5% historic average market return 8.9% multiple choice $95.47 none of the above $91.97 $100.01 $104.17
Answers
The expected price of Boeing stock today is approximately $187.08. So, correct option is B.
To calculate the expected price of Boeing stock today, we can use the constant growth dividend discount model:
Expected price = (Expected dividend / (Market return - Growth rate))
First, we need to calculate the expected dividend for next year:
Expected dividend = Current dividend * (1 + Growth rate)
Expected dividend = $4.30 * (1 + 0.04) = $4.472
Next, we need to calculate the growth rate using the formula: Growth rate = beta * (Market return - Risk-free rate)
Risk-free rate is given as the 1-year T-bill return rate, which is 2.3%.
Growth rate = 0.94 * (8.5% - 2.3%) = 5.236%
Now we can calculate the expected price of Boeing stock:
Expected price = ($4.472 / (8.5% - 5.236%)) = $191.47
However, since the question is asking for the expected price today, we need to discount this price to today's value using the formula: PV = FV / (1 + r)^t
Assuming the discount rate is the risk-free rate, and the time period is one year:
PV = $191.47 / (1 + 2.3%)^1 = $187.08
Therefore, So, correct option is B.
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Which of the following is a risk banks should prepare for?
A.
Falling interest rates
B.
Borrowers who don't pay back loans
C.
Too many people requesting loans
D.
People switching to online transactions
Answers
Hope this helps
Borrowers who don't pay back loans.
What features of each card are being showcased? What marketing strategies are the credit card companies using? These questions were based off of three commercials: Visa Rewards Credit Card Commercial Bank of America Cash Rewards Credit Card Commercial First Florida Bank - Credit Card Commercial
Answers
The opportunity to accrue rewards is among the most significant advantages that a credit card may provide.
What techniques do credit companies use to market their cards?Low introductory APR rates: One of the most used credit card scams entails luring new users in with low APR rates that subsequently rise dramatically after you've established a purchase history and usage pattern. High penalties for late payments and hidden fees are sometimes associated with low interest rates.
The opportunity to accrue rewards is among the most significant advantages that a credit card may provide. You can make money using credit card rewards for a variety of transactions, including those made at the gas station, online, and while traveling.
The average American struggles with credit card debt, but you don't have to be in that position. You may improve your credit score and significantly improve your financial situation by paying off your entire bill each month.
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______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answers
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answers
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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question content area top part 1 the manager of a bookstore wants to predict sales from number of sales people working using the accompanying data. complete parts a through h below
Answers
To predict sales from the number of salespeople working at the bookstore, the manager should follow these steps:
a) Organize the accompanying data in a table, with one column for the number of salespeople working and another column for the corresponding sales.
b) Calculate the mean, median, and mode of the number of salespeople working and sales data.
c) Create a scatter plot of the data, with the number of salespeople working on the x-axis and sales on the y-axis.
d) Determine the correlation between the number of salespeople working and sales to understand the relationship between the two variables.
e) Calculate the linear regression equation (y = mx + b), where y represents sales, x represents the number of salespeople working, m is the slope, and b is the y-intercept.
f) Use the linear regression equation to predict sales based on the number of salespeople working.
g) Validate the model by comparing the predicted sales values to the actual sales data in the accompanying data.
h) Make adjustments to the model if necessary, and re-validate until a satisfactory prediction model is achieved.
By completing these steps, the manager can use the accompanying data to predict sales based on the number of salespeople working in the bookstore.
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Examples of variable costs include all of the following except what?
Answers
Examples of variable costs include direct labor, raw materials, and sales commissions. However, one type of cost that is not considered a variable cost is fixed costs.
Variable costs are expenses that change in direct proportion to the level of production or sales. They fluctuate based on the volume of activity or output. Common examples of variable costs include direct labor, raw materials, sales commissions, packaging costs, and shipping costs. These costs increase or decrease as the production or sales volume changes.
On the other hand, fixed costs are expenses that remain constant regardless of the level of production or sales. They do not vary with changes in activity volume. Fixed costs include expenses like rent, salaries of permanent employees, insurance premiums, and equipment depreciation. These costs stay the same regardless of whether the company is producing or selling more or fewer units.
Therefore, when considering examples of variable costs, it is important to understand that fixed costs are not included. Fixed costs are independent of the level of production or sales and do not vary with changes in activity volume.
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please i need help with this !!
Answers
Answer:
Save
Measure
Notes
Services
Money
Barter
Swapped
Forms
- RBT Requirements Coordinators are responsible for:
•Direct supervision of an RBT only
•All supervision activities of RBTs across an organization
•Administrate paperwork associated with RBT supervision only
•Only activates associated with RBT supervisors
Answers
Answer: All supervision activities of RBTs across an organization
Explanation:
A Registered Behavior Technician I someone who that is closely monitored by BCBA when practicing. The RBT is responsible for implementing behavior-analytic services.
RBT Requirements Coordinators are responsible for all supervision activities of RBTs across an organization.
what is sales revenue minus cost of goods sold and operating expenses, known as for income statement purposes
Answers
Answer:
Gross profit
Explanation:
COGS-Sales = gross profit
net income = gross profit-expense
Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration
Answers
Each scenario should be matched to the factors that affect the labor market as follows:
Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.What is immigration?Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:
Good governanceSecurityBetter living conditions.WorkJobsSocial amenitiesWhat is a foreign direct investment?A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.
In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.
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Answer:
Post Test: Free Market and Businesses
Unit: 2
Economics
Question #12
__________________________________________________________
This is 100% right because I took the test
Go to explanation for picture with answers
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Explanation:
Here's the picture and I hope this helped!
Have a nice day!
Disability insurance
A. covers well-being preventive care and medical treatment
B. protects homes, land, and other possessions
C. pays a portion of wages if an individual cannot work for a period of time due to illness or accident
D. provides some financial support to beneficiaries when someone dies
Answers
Disability insurance is a type of insurance that provides financial support to individuals who cannot work due to illness or accident. Option C
The insurance policy pays a portion of the individual's wages for a period of time to help them cover their living expenses. The purpose of disability insurance is to help individuals maintain their standard of living and financial security when they are unable to work.
Unlike other types of insurance, disability insurance does not cover medical treatment or preventive care. Instead, it focuses solely on providing financial support to individuals who cannot work due to disability. Disability insurance is particularly important for individuals who do not have a significant amount of savings or other sources of income.
The amount of coverage provided by disability insurance varies depending on the policy. Some policies may cover a portion of the individual's wages, while others may cover a higher percentage. Additionally, some policies may have a waiting period before benefits are paid out, while others may begin paying immediately.
In summary, disability insurance is a valuable type of insurance that provides financial support to individuals who cannot work due to disability. While it does not cover medical treatment or preventive care, it is an important way for individuals to protect their financial security and maintain their standard of living in the event of a disability. Option C
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In a short paragraph, explain the trends of the decade by answering this series of questions: 1. Which trends occurred due to Prohibition
Answers
Prohibition, which took place in the United States from 1920 to 1933, had several notable trends associated with it.
One trend that occurred due to Prohibition was the rise of illegal alcohol production and distribution. With the ban on the sale and consumption of alcoholic beverages, an underground economy flourished, giving rise to speakeasies, bootlegging operations, and organized crime. The demand for alcohol remained high, and individuals and criminal organizations capitalized on this opportunity by producing and smuggling illicit liquor.
Another trend that emerged was the increased consumption of alternative alcoholic beverages. In response to the ban on traditional alcoholic beverages, people turned to alternatives such as homemade spirits, fortified wines, and medicinal liquors. These substitutes, often of dubious quality and potency, gained popularity and contributed to a shift in drinking habits during the Prohibition era.
Additionally, Prohibition led to a surge in political and social activism. Organizations such as the Women's Christian Temperance Union (WCTU) and Anti-Saloon League were influential in advocating for temperance and ultimately the implementation of Prohibition. This period saw increased activism and engagement from various groups, both in support of and against Prohibition, which shaped the political and social landscape of the time.
In conclusion, Prohibition gave rise to trends such as illegal alcohol production, the consumption of alternative beverages, and increased activism. These trends had a lasting impact on American society and shaped the cultural and political dynamics of the 1920s and early 1930s.
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Question 1 of 10
Any form of money that is commonly accepted to pay for goods in a
transaction is known as a(n)
O A. credit line
B. income
C. debt
D. currency
Answers
Answer:CURRENCY
Explanation:
IM TAKING THE TEST RIGHT NOW I GOTCHU HAVE A WONDERFUL DAY
The correct option is D. Any form of money that is commonly accepted to pay for goods in a transaction is known as a Currency.
Its value derives from the fact that the government of the country issuing it has deemed it "legal tender". In this instance, we agree that the money has worth it because both the government and other parties accept it as payment.
Why are there different currencies?The power of nations to generate money and influence output, prices, or government revenue has been severely constrained over protracted periods of time. Throughout this history, countries have tied their currencies to an international standard.
Money is a form of exchange used to buy and sell goods and services. In a nutshell, it is money that is typically issued by a government and commonly accepted as payment at face value. It comes in the form of coins and paper.
Thus, Money is a form of exchange used to buy and sell goods and services.
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An employer can refuse to hire you if you refuse a drug screening test or background check.
Answers
Answer:yes
Explanation:
Answer:
true
Explanation:
which of the following statements are true? multiple select question. wage rates paid to workers are unpredictable in most companies. overtime premiums can cause an unfavorable labor rate variance. how production supervisors use direct labor workers can lead to labor rate variances. assigning highly skilled, highly paid workers to low skill, low pay level jobs will cause a favorable labor rate variance.
Answers
Overtime premiums can cause an unfavorable labor rate variances and how production supervisions use direct labor workers can lead to labor rate variance. (Option B and C)
What feasible factor could make a direct labor efficiency variance advantageous for a time period?According to Accounting Coach, a favorable variance happens when your actual direct labor costs are lower than your standard, or budgeted, costs. On the other side, a labor rate variance that is a negative figure is undesirable and may lead to a smaller profit than anticipated.
Why is there a beneficial labor rate variance?The variance will be advantageous if the actual rate of compensation per hour is lower than the average rate of pay per hour. If the conclusion was good, you paid your employees less than you had planned.
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On June 30, 2009, Sage Company issued 12% bonds with a par value of $750,000 due in 20 years. They were issued at 98 and were callable at 104 at any date after June 30, 2017. Because of lower interest rates and a significant change in the company’s credit rating, it was decided to call the entire issue on June 30, 2018, and to issue new bonds. New 8% bonds were sold in the amount of $1,020,000 at 101; they mature in 20 years. Sage Company uses straight-line amortization. Interest payment dates are December 31 and June 30.
(a) Prepare journal entries to record the redemption of the old issue and the sale of the new issue on June 30, 2018.
(b) Prepare the entry required on December 31, 2018, to record the payment of the first 6 months’ interest and the amortization of premium on the bonds.
Answers
Answer:
(a) Prepare journal entries to record the redemption of the old issue and the sale of the new issue on June 30, 2018.
the discount on bonds payable = $750,000 x 2% = $15,000
amortization per coupon = $15,000 / 40 coupons = $375
By June 30, 2018, $375 x 18 = $6,750 of the discount were already amortized. The carrying value of the bonds = $750,000 - ($15,000 - $6,750) = $741,750
loss on redemption of the bonds = redemption value - carrying value = $780,000 - $741,750 = $38,250
Journal entry to record redemption of bonds:
June 30, 2018, bonds redeemed at a loss
Dr Bonds payable 750,000
Dr Loss on redemption of bonds 38,250
Cr Cash 780,000
Cr Discount on bonds payable 8,250
Journal entry to record new issuance of bonds:
June 30, 2018, bonds issued at a premium
Dr Cash 1,030,200
Cr Bonds payable 1,020,000
Cr Premium on bonds payable 10,200
(b) Prepare the entry required on December 31, 2018, to record the payment of the first 6 months’ interest and the amortization of premium on the bonds.
amortization of premium per coupon = $10,200 / 40 = $255
December 31, 2018
Dr Interest expense 40,545
Dr Premium on bonds payable 255
Cr Cash 40,800
People are willing to pay a higher price if they believe that supplies are
A. fluctuating
B. endless
C. increasing
D. limited
Answers
Hope this helps! :)
Answer:
D.Limited
Explanation:
One definition of ____ is borrowing money to make a large purchase with the
assumption that you will pay it back later.
A. credit
B. capital gain
C. investment
D. debit
Answers
Credit is borrowing money to make a large purchase with the assumption that you will pay it back later Option(a) is correct.
What does Credit means?
Credit is the trust which permits one party to give cash or assets to another party wherein the subsequent party doesn't repay the main party right away.
Credit cards turned out to be generally conspicuous during the 1900s. Bigger organizations started making chains with different organizations and utilized a credit card as a method for making installments to any of these organizations.
The organizations charged the cardholder a specific yearly expense and picked their charging techniques while each taking an interest organization was charged a level of all out billings.
Bank-gave credit makes up the biggest extent of credit in presence. The customary perspective on banks as middle people among savers and borrowers is erroneous.
Therefore Option(a) is correct.
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You are told that if you invest $11,000 per year for 23 years( all payments made at the end of each year) you will have accumulated $366,000 at the end of the period What annual rate of return is the investment offering.
Answers
Answer:
3.2%
Explanation:
this is an ordinary annuity:
future value of an ordinary annuity = annual payment x future value annuity factor
$366,000 = $11,000 x future value annuity factor
future value annuity factor = $366,000 / $11,000 = 33.2727
you can solve this in two ways:
the first is with a lot of math work in order to solve the following equation
33.2727 = [(1 + i)²³ - 1] / i
or
you can use an annuity calculator (available online) which will yield 3.2%
what is a security deposit?
Answers
You are creating a budget for your new business. What should you include?
A. All income and expenses.
B. Fixed expenses but not income.
C. Income but not variable expenses.
D. Fixed and variable expenses but not taxes.
Answers
Answer:
A
Explanation:
You should include all income and expenses because you need to know the value of the business and the amount of money you'll have to spend after you have deducted all the expenses and added all the incomes of the business.
How does this business attract customers and keep them happy? Customer service Creativity and innovation
Answers
Answer:
Explanation:
This business attracts customers by offering excellent customer service and maintaining a high level of creativity and innovation in their products. They keep customers happy by constantly improving their products and services and always keeping them up to date with the latest innovations.Other ways this business might attract customers include offering competitive pricing, providing a high level of quality, and always being available to answer any questions or concerns they may have.