Determination of retained earnings and net income the following information appears in the records of bock corporation at the end of the year: accounts receivable $25,300 retained earnings ? accounts payable 12,100 supplies $7,700 cash 8,800 equipment 154,000 common stock 121,000 a. calculate the amount of retained earnings at the end of the year. b. using your answer from part a, if the amount of the retained earnings at the beginning of the year was $33,000 and dividends were paid in the amount of $13,200 during 2012, what was the company's net income for the year? a. retained earnings balance at year-end. $answer 0 b. net income for the year. $answer 0
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Business, 22.06.2019 01:40
Costs of production that do not change when output changes.question 17 options: total revenuefixed incometotal costfixed cost
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Business, 22.06.2019 03:30
Sarah salesrep is brand new to her job selling "lifetime" printers that never need replacement ink cartridges. the problem is that these printers cost ten times more than a regular printer, so it is difficult to get prospective buyers to understand the cost savings of buying it. to break through the barrier and begin making sales, sarah should use a analysis that highlights her printer's lower cost.
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Business, 22.06.2019 07:50
Connors academy reported inventory in the 2017 year-end balance sheet, using the fifo method, as $154,000. in 2018, the company decided to change its inventory method to lifo. if the company had used the lifo method in 2017, the company estimates that ending inventory would have been in the range $130,000-$135,000. what adjustment would connors make for this change in inventory method?
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Business, 22.06.2019 10:30
You meet that special person and get married. amazingly your spouse has exactly the same income you do 47,810. if your tax status is now married filing jointly what is your tax liability
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Determination of retained earnings and net income the following information appears in the records o...
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