world affairs
What is difference between tax and duty?
Tax is a financial obligation which is to be paid to the government compulsorily. Duty is a fee payable to the government on the manufacture and import/ex...
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World Affairs
world affairs
What is meant by low cost of production?
The low cost production is the production in which the farmers give less money for the production of goods and get some what production which is not relat...
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world affairs
What was the average pay in 1900?
Occupation Annual Salary 2000 $ 1900 Census Average Salary $449.80 $8,973 Unskilled Female $120 $2,394 African-American male laborer $150 $2,992 African-A...
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world affairs
What does an accountant do in real estate?
A real estate accountant manages all accounting processes for a real estate team. They handle accounts payable and accounts receivable, produce journal en...
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world affairs
How is tax shield value calculated?
The value of a tax shield is calculated as the amount of the taxable expense, multiplied by the tax rate. Thus, if the tax rate is 21% and the business ha...
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world affairs
What is budget advantages and disadvantages?
Budgets translate strategic plans into action. Budgets provide an excellent record of organizational activities. Budgets improve communicationwith employe...
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world affairs
What is an expense statement a record of?
expense record – a written record of money spent. What is an expense statement quizlet? Lists and summarizes income and expense transactions that have tak...
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world affairs
Why is contribution margin important to managers?
Analyzing the contribution margin helps managers make several types of decisions, from whether to add or subtract a product line to how to price a product...
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world affairs
What does incurred advertising expense on account mean?
Balance Sheet+1. This preview shows page 4 – 6 out of 8 pages. Incurred Advertising Expense on Account. ‘ Decrease in Equity and Increase in Liability (Ac...
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world affairs
Which types of inventory does a manufacturing business report on the balance sheet?
Direct materials inventory, work in process inventory, and finished goods inventory Finished goods inventory and work in process inventory Direct material...
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