Explanation

Multi-level Marketing (MLM) or network marketing, is individuals selling products to the public - often by word of mouth and direct sales.

The main idea behind the MLM strategy is to promote a maximum number of distributors for the product and exponentially increase the sales force.

ND5-09-2023

Explanation

An exceptional demand curve expresses a positive relation between demand and price

which can be represented by a demand curve that slopes upward to the right.

Explanation

Authorized share capital is also known as Registered capital.

The authorized capital of a company is the maximum amount of share capital that the company is authorized by its constitutional documents to issue to shareholders.

ND5-09-2023

Explanation

A net loss occurs when a company's expenses are higher than its total revenue.

This can be a sign of problems that need to be addressed.

ND5-09-2023

Explanation

All liquidity ratios measure a firm's ability to cover short-term obligations by dividing current assets by current liabilities (CL).

Types of liquidity ratios

Current Ratio = Current Assets / Current Liabilities.

Quick Ratio = (Cash + Accounts Receivable) / Current Liabilities.

Cash Ratio = (Cash + Marketable Securities) / Current Liabilities.

Net Working Capital = Current Assets – Current Liabilities.

ND5-09-2023

Explanation

Hollowed: مقدس

 sacred: مقدس

Explanation

2020 UN Climate Change Conference (UNFCCC COP 26)

The 26th session of the Conference of the Parties (COP 26) to the UNFCCC is expected to take place from 9-19 November 2020, in Glasgow, Scotland.

***

The leaders' summit at the 25th conference of the parties (COP25) took place in Madrid, Spain, on 2 December 2019.

On 20 November, the 27th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27), which took place in the Egyptian coastal city of Sharm el-Sheikh

In 2023, the 28th Conference of the Parties on Climate Change (COP 28) will take place in Dubai from November 30 to December 23.

ND5-09-2023

Explanation

Liabilities are Obligations.

Liabilities are the debts that a business owes to third-party creditors.

ND5-09-2023

Explanation

Goods returned by the customer should be debited to the Return inward account.

The journal entry for the above transaction will be

Return inwards/ sales return a/c      Dr.

   To Debtors a/c

Therefore, it will be debited to return the inward account.

ND5-09-2023

Explanation

It can be solved in a simple way

Profit = (12500 - 12000) + (52500-50000) - (13000 - 12000) - 2000

= 2500 + 2500 - 1000 - 2000

= 5000 - 3000 

= 2000 profit

ND5-09-2023