If ABC declared and paid a $200 dividend to the stockholders On December 31 ABC had accrued salaries of $4,000. The amount of net income (loss) reported on the December 31, Year 2 income statement is $2,000.
First step is to calculate the revenue
Revenue = Earned revenue on account + Provided services for cash
Revenue =$9,000+$1,000
Revenue = $10,000
Second step is to calculate the expenses
Expenses =Operating expenses + Accrued salaries
Expenses=$4,000+$4,000
Expenses= $8,000
Third step is to calculate the Net income
Net income = Revenue − Expenses
Net income=$10,000- $8,000
Net income=$2,000
Inconclusion if ABC declared and paid a $200 dividend to the stockholders On December 31 ABC had accrued salaries of $4,000. The amount of net income (loss) reported on the December 31, Year 2 income statement is $2,000.
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While in Chicago for a weekend, Tony's friend suggests that he eat at Michael Jordan's restaurant. Tony is confused as to why Michael Jordan has a restaurant if he isn't a chef. What is likely Michael Jordan's involvement in his restaurant as he is not a chef?
a. He may have financially invested in it, and he has lent his name to the establishment.
b. He is likely learning to cook from the chefs at his restaurant.
c. He likely manages the kitchen on a daily basis.
d. He likely has no involvement, and the owners just used his name.
A is the correct awnser
A truck driver is operating a brand-new 18-wheel tractor-trailer rig at a lawful speed on an interstate highway. The spare tire under the rig breaks free, bounces, then caroms into a nearby subcompact car which was also moving at a lawful rate of speed. The driver of the subcompact car sues the truck driver, the truck driver's employer, and the owner of the leased 18-wheel rig for negligence in securing the spare tire properly. At trial, evidence is introduced that the cradle holding the spare tire showed no signs of damage or wear. The truck driver testified that chains had been wrapped around the spare tire to hold it even tighter to the cradle. After the lawyer for the car driver has presented all the evidence used to support the car driver's case, counsel for the defendant moved for dismissal on the grounds that the plaintiff had failed to show sufficient evidence that the defendants breached a duty of care. Would you expect the court to grant his motion? Why or why not?
Answer:
6
Explanation:
Yes, the court will grant the defendant's lawyer's motion.
What is court?A court is any person or institution with the jurisdiction to arbitrate legal disputes between parties and administer justice in civil, criminal, and administrative affairs in conformity with the rule of law. A court, often known as a court of law, is a person or group of people with the legal jurisdiction to hear and settle disputes in civil, criminal, ecclesiastical, or military issues
.As depicted in the instance, the truck driver drove the brand-new 18-wheel tractor-trailer at a permissible speed while on duty. The defendant is accused of being careless in ensuring the safety of the spare tire by the truck driver, the truck driver's employee, and the owner of the rented 18-wheel rig.
Therefore, Yes, the court will grant the defendant's lawyer's motion
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#SPJ5
Glacier Bicycle Company manufactures commuter bicycles from recycled materials. The following data for October are available:
Quantity of direct labor used 5,000 hrs.
Actual rate for direct labor $22.75 per hr.
Bicycles completed in October 800 bicycles
Standard direct labor per bicycle 6.0 hrs.
Standard rate for direct labor $24.00 per hr.
Requried:
a. Determine for October the direct labor rate variance, direct labor time variance, and total direct labor cost variance.
b. How much direct labor should be debited to Work in Process?
HELP PLS what is the advantage of scholarships ??
A.most cover the full cost of tuition
B.There s no application required
C.they do not require payments
D.they provide very low-interest rates
Answer:
It helps in empowering your academic and career goals by removing the financial barrier. Getting a scholarship takes away all your financial concerns. Thus, it gives you more time to study, gain knowledge and secure better grades
Financial Benefit
As scholarships are essentially free money, students can instead focus on their careers instead of worrying about how they will repay their student loan. They also allow students to pursue subjects that require postgraduate training such as MBAs.
(C) I personally think
The main advantage of scholarships offered to attend tertiary institutions is that C.they do not require payments.
What are the advantages of scholarships?Scholarships reduce the amount of tuition fees that a student will have to pay thereby making schooling easier for them.
The advantage of this is that the student never has to pay it back which reduces the financial burden on the student.
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Several companies in the EU were importing safety footwear from Argentina. Specifically, thousands of pairs of steel-toed boots were being imported for end use by workers in hazardous industries, such as mining, construction, and manufacturing. The EU became concerned that the steel inside the footwear was not of the agreed upon quality and so it called upon the ________ to monitor and enforce the trade agreement.
The EU countries will call upon the World trade Organization to monitor and enforce the trade agreement.
World Trade Organization (WTO) is the international body that regulates the international trade between and among the world nations.
The WTO enables nations producers, exporters, importers to conduct their business around the world.
The WTO helps in administering trade agreement between nations, handles trade disputes and monitors national trade policies.
Therefore, in this question context, the European Union will call on the World trade Organization to monitor and enforce the trade agreement between the EU countries and Argentina.
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Anong ahensya kaya ng gobyerno ang dapat makialam sakasong ito?
DEPARTMENT OF ENVIRONMENT AND NATURAL RESOURCES(DENR)
what is a current account?
Answer:
a bank account from which you can take out your money when you want, with a cheque book or cash cardExplanation:
HOPE IT HELPS
Which is a better deal on a $7.99 item:
Bryant Manufacturing produces its product in two sequential processing departments. During October, the first process finished and transferred 310,000 units of its product to the second process. Of these units, 65,000 were in process at the beginning of the month and 245,000 were started and completed during the month. At month-end, 45,000 units were in process. Using the FIFO method, compute the number of equivalent units of production for direct materials for the first process for October assuming that beginning work in process inventory is 30% complete for direct materials cost and ending inventory is 80% complete for direct materials cost.
The number of equivalent units of production for direct materials for the process for October is 326,500 units.
Given Information
Beginning work in process inventory = 65,000 unitsPercentage completion of beginning inventory = 30%Ending work in process inventory = 45,000 unitsUnits started and completed during the period = 245,000 unitsPercentage of completion of Ending work in process inventory = 80%Equivalent Units of Production (FIFO) = [Beginning work in process inventory x Percentage completion of beginning work in process inventory] + Units started and completed during the period + [Ending work in process inventory x Percentage of completion of Ending work in process inventory]
Equivalent Units of Production (FIFO) = [65,000 x 100%-30%} + 245,000 + [45,000 x 80%]
Equivalent Units of Production (FIFO) = 45,500 + 245,000 + 36,000
Equivalent Units of Production (FIFO) = 326,500 units.
Therefore, the number of equivalent units of production for direct materials for the first process is 326,500 units.
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What benefits will the promotion of consumption and sales revenue bring to businesses?
Answer:
Bankrupt rawr dollars pesos yen won yuan
maganda ka ba??kung oo bakit ka nandito sa app na ito
Answer:
haha Hindi nman ako maganda
What is sociology? Types sociology
The two major types of sociology that emerged were qualitative sociology and quantitative sociology. ... Today, most universities use both qualitative and quantitative methods of inquiry, and one method is not necessarily better than the other.
▪▪▪ Cutest Ghost▪▪▪What are human behavior in Organization?
Answer:
Organizational behavior is the study of how human behavior affects an organization.
Please label the statements as true or false regarding rationality.
a. You are currently in a labeling module. Turn off browse mode or quick nav, Tab to items, Space or Enter to pick up, Tab to move, Space or Enter to drop.
b. Rational people will always choose the option that maximizes income.
c. The rationality assumption is used to simplify models. Risk aversion is an example of irrationality.
d. One of the root causes of credit card overuse is due to mental accounting.
The statements are labelled as true or false regarding rationality as follows:
Statement Label
a. In a labeling module False
b. Choice of rational people True
c. Risk aversion is irrationality True
d. Mental accounting cannot
cause credit card overuse False
Rationality demands that a person's decision is based on logic or reason. Irrationality presupposes the absence of rationality or reason.
Again, there is no logicality in the first and fourth statements but rationality is observed in the second and third statements.
Thus, a good example of irrationality is risk aversion, which is also a risky gamble.
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Question 9
A wage is a specific amount of money paid per
Answer:
a wage is a specific amount of money paid per business day
Teluate how the business applies the for
activities Give a practical example of coche
2.1 Product policy, eg, packaging and trade
22 Distribution policy, eg channel of disti
23 Communication policy, eg how the produce
advertised
24 Pricing policy, og what informs there
Answer:
gdjsscgebebsvdveskalbdrj
A product policy is simply concerned with defining the type, timing, and the volume of products that a company offers for sale.
The distribution policy refers to the strategy that's used by a company to ship it's products. This can be through intermediaries, dual distribution, etc.Communication policies simply entails how the product will be advertised. These can be through social media, televisions, etc.Lastly, pricing policy refers to how the company will set its price.
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Harvey quit his job at State University, where he earned $62,000 a year. He figures his entrepreneurial talent or forgone entrepreneurial income to be $4,000 a year. To start the business, he cashed in $50,000 in bonds that earned 10 percent interest annually to buy a software company, Extreme Gaming. In the first year, the firm sold 10,000 units of software at $72 for each unit. Of the $72 per unit, $60 goes for the costs of production, packaging, marketing, employee wages and benefits, and rent on a building. The accounting profit of Harvey's firm in the first year was: _________
Answer:
Accounting profit = 120,000
Explanation:
Accounting profit = total revenue - explicit costs
Accounting profit = 72*10,000 - 60*10,000
= 720,000 - 600,000 = 120,000
Which of the following is an example of unearned income?
Compensation received by a self-employed, freelance writer for services provided.
Interest earned on a savings account.
Tips.
Wages from a part-time job.
Answer:
c
Explanation:
Interest earned on a saving account represent the example of unearned income.
The following information regarding the unearned income is:
Unearned income means income i.e. not earned from regular employment.It is like a passive income like interest or any dividends from investments etc.Learn more: brainly.com/question/17429689
describe the 5 office layout.
Answer:
The five most popular would be the...
Cubicle Office layout. This is the most popular and is basically a box with an opening.
Open Office layout. This is several rows of large desks. By definition, it is not very enclosed.
Co-Working Office layout. Less common, these are offices rented out to employees by third parties.
Team-Cluster Office layout. For teams working on something, this is a good way to go. One table where you can easily work together on things with each other as you go.
Hybrid Office layout. This one is a mix of a few others and customizable to a workplace's specific needs. Some of these don't even feel like offices!
The park is very sentence or sentence fragment.
Scenario:
Tourism industry has been suffering during this pandemic. Tata Vacation Villa currently has
numerous vacancies. Few tenants moved out because of high rents Prospective tenants come to
see the units, they are very excited, however, they see many other vacancy signs available for
less money. As a result, Tata Vacation Villa are losing customers. You are working as a manager
of the company and your boss asked you to
a
Write a report proposing a solution to a problem that has been identified bymanagement of a
company or agency. Your report should be two pagesin length (Appendix is not included
within two pages in length). Organize your report clearly and logically. Give each section
anappropriate heading. You may use the following outline to plan your report, ormake your
own outline.
A. Problem
B. Recommendation
C. Rationale
D. Alterative Solutions
E Appendix (Data
You are advised to use the sample as a standard format
To write this report include main ideas for each section, connect them appropriately, and review the text after writing it.
Based on the prompt, the idea of this report is to describe the problem Tata Vacation currently has and the possible solutions for this problem. This means you need to include complete ideas in each of the sections proposed. Some of the ideas you can include are:
Problem: First state the problem "Tata Vacation Villa currently has numerous vacancies" and then mention the possible causes or factors.Recommendation: Propose one solution or recommendation, for example, increasing advertising or slightly reducing the prices.Rationale: Explain why solving this problem is important, for example, Tata Vacation Villa needs to reduce the prices to increase customers and avoid financial issues:Alternative Solutions: Include other possible solutions such as finding new customers, changing the focus of the villa, cutting expenses, etc.After this, you want to include all the ideas in each of the sections using appropriate linking words and other connecting expressions such as:
On the other handFirst of allFinally, review the text and make corrections to improve the report.
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Citee Corp. has no debt but can borrow at 6.7 percent. The firm’s WACC is currently 9.5 percent, and the tax rate is 24 percent. a. What is the company’s cost of equity? b. If the firm converts to 30 percent debt, what will its cost of equity be? c. If the firm converts to 60 percent debt, what will its cost of equity be? d-1. If the firm converts to 30 percent debt, what is the company’s WACC? d-2. If the firm converts to 60 percent debt, what is the company’s WACC?
EBIT of $2 million, total assets of $10 million, stockholders’ equity of $4 million, and pretax interest expense of 10 percent. What is AQ&Q’s indifference level of EBIT? Select one: a. $2.0 million b. $1.78 million c. $1.0 million d. $1.5 million
c $1.0 million
Explanation:
if wrong answer
Reporting Net Sales after Sales Discounts [LO 6-4]
During the months of January and February, Solitaire Corporation sold goods to two customers. The sequence of events was as follows:
Jan. 6 Sold goods for $120 to Wizard Inc. with terms 2/30, n/60. The goods cost Solitaire $71.
7 Sold goods to Spyder Corp. for $83 with terms 4/10, n/30. The goods cost Solitare $61.
14 Collected cash for the amount due from Wizard Inc.
Feb. 28 Collected cash for the amount due from Spyder Corp.
Required:
Compute the total revenue Solitare would report over the two months. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
What is cash flow?………
Answer:
Cash flow is the movement of money in and out of a company.
The following information is for the Jeffries Corporation: Product A: Revenue $18.00 Variable Cost $14.00 Product B: Revenue $21.00 Variable Cost $13.00 Total fixed costs $143,000 What is the operating income of Jeffries Corporation, assuming actual sales total 35,600 units, and the sales mix is three units of Product A and one unit of Product B? A. $35,000 B. $321,000 C. $667,500 D. $178,000
Jeffries Corporation's Operating Income from the two products is A. $35,000.
The operating income is the difference between the revenue and operating costs (variable and fixed costs).
Data and Calculations:
Product A Product B Total
Revenue $18.00 $21.00
Variable cost 14.00 13.00
Contribution $4.00 $8.00
Fixed costs $143,000
Total sales units 35,600
Sales mix 3 1 4
Sales units 26,700 8,900 35,600
Total contribution$106,800 $71,200 $178,000
Total fixed costs 143,000
Operating income $35,000
Thus, the operating income is $35,000.
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Phân tích điều kiện bản thân với tư cách là người chủ doanh nghiệp
Answer:
iwan ko load anong subject bayan hahahsha
Huff Company presents the following items derived from its December 31, 2019, adjusted trial balance:
Sales (net) $124,000 Operating expenses $30,400
Interest expense 3,700 Common stock, $5 par 22,000
Cost of goods sold 66,200 Retained earnings, 1/1/201 945,800
The following information is also available for 2019 and is not reflected in the preceding accounts:The common stock has been outstanding all year. A cash dividend of $1.28 per share was declared and paid.
Land was sold at a pretax gain of $6,300
Division X (a major component of the company) was sold at a pretax gain of $4,700.
It had incurred a $9,500 pretax operating loss during 2019.
A tornado, which is an unusual event in the area, caused a $5,400 pretax loss.
The income tax rate on all items of income is 30%.
The average shareholders' equity is $90,000.
Required:
a. Prepare a 2016 multiple-step income statement for Huff.
b. Prepare a 2016 retained earnings statement.
Answer:
letter a.po sagot diyan
A stock is expected to pay annual dividends forever. The first dividend is expected in 1 year and all subsequent annual dividends are expected to grow at a constant rate annually. We know that the dividend expected in 2 years from today is $4.76 and the dividend expected in 5 years from today is expected to be $6.63. What is the dividend expected to be in 3 years from today
Hàm số cầu của tảo hàng năm có dạng: Qd = 10 – P/2. Mùa thu hoạch năm trước là 8 ngàn tấn. Năm nay, thời tiết không thuận lợi nên lượng thu hoạch táo năm nay chỉ đạt 7 ngàn tấn ( táo không thể tồn trữ)
Answer:
am sorry plz write your question in English