Consider the following simplified financial statements for the yoo corporation (assuming no income taxes): income statement balance sheet sales $ 30,900 assets $ 25,450 debt $ 6,950 costs 23,060 equity 18,500 net income $ 7,840 total $ 25,450 total $ 25,450 the company has predicted a sales increase of 12 percent. it has predicted that every item on the balance sheet will increase by 12 percent as well. create the pro forma statements and reconcile them.

Catherine de bourgh has one child, anne, who is 18 years old at the end of the year. anne lived at home for seven months during the year before leaving home to attend state university for the rest of the year. during the year, anne earned $6,000 while working part time. catherine provided 80 percent of anne's support and anne provided the rest. which of the following statements regarding whether anne is catherine's qualifying child for the current year is correct? a.anne is a qualifying child of catherine.b.anne is not a qualifying child of catherine because she fails the gross income test.c.anne is not a qualifying child of catherine because she fails the residence test.d.anne is not a qualifying child of catherine because she fails the support test.

The following transactions occurred during july: received $1,000 cash for services provided to a customer during july. received $4,000 cash investment from bob johnson, the owner of the business received $850 from a customer in partial payment of his account receivable which arose from sales in june. provided services to a customer on credit, $475. borrowed $7,000 from the bank by signing a promissory note. received $1,350 cash from a customer for services to be rendered next year. what was the amount of revenue for july?

According to the naeyc curriculum is effective when all of the following occur except