Answer:
Milner's Star Express Cleaning
Income Statement For the Year Ended December 31, 20--
Fees Earned 13,835
Utilities Expense 153
Rent Expense 1,200
Wages Expense 1,650
total expenses <u> 3,003 </u>
net income 10,832
Explanation:
We will subtract the expenses account from the fees earned to get net income
The other accounts will be ignores as they are not used in the calculations for the net income
Answer:
Transnational strategy
Explanation:
There is a difference in global approach and Transnational approach.
In global approach, one product is sold and promoted the same way across all channels and location. While in the case of Transnational strategy, it is more like a customized or personalized approach to sell products to a particular targeted audience.
Hope this helps.
Good Luck.
Answer: The options are given below:
A. Short term.
B. Operating.
C. Long
D. Finance.
The correct option is D. Finance.
Explanation: A finance lease is the kind of lease in which a finance company is the legal owner of the asset throughout the duration of the lease, while the lessee has both operating control over the asset, and some share of the economic risks and returns from the change in the valuation of the underlying asset.
In a finance lease agreement, ownership of the property is transferred to the lessee at the end of the lease term.
