![subject](/tpl/images/cats/ekonomika.png)
Martinville, Inc. earned revenues of $10,000 and incurred expenses of $7,500. The company declared and paid cash dividends of $ 1,500. What is the balance in the Income Summary account prior to closing net income or loss to the Retained Earnings account?
a. debit balance of $ 7 comma 500$7,500
b. debit balance of $ 5 comma 000$5,000
c. credit balance of $ 12 comma 000$12,000
d. credit balance of $ 7 comma 500
![ansver](/tpl/images/cats/User.png)
Answers: 3
Another question on Business
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 10:00
Your uncle is considering investing in a new company that will produce high quality stereo speakers. the sales price would be set at 1.5 times the variable cost per unit; the variable cost per unit is estimated to be $75.00; and fixed costs are estimated at $1,200,000. what sales volume would be required to break even, i.e., to have ebit = zero?
Answers: 1
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 22:10
jackie's snacks sells fudge, caramels, and popcorn. it sold 12,000 units last year. popcorn outsold fudge by a margin of 2 to 1. sales of caramels were the same as sales of popcorn. fixed costs for jackie's snacks are $14,000. additional information follows: product unit sales prices unit variable cost fudge $5.00 $4.00 caramels $8.00 $5.00 popcorn $6.00 $4.50 the breakeven sales volume in units for jackie's snacks is
Answers: 1
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 23:50
Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $360,000; cash paid for rent, $44,000; cash paid to employees for services rendered during the year, $124,000; cash paid for utilities, $54,000.in addition, you determine that customers owed the company $64,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,400 at year-end, and the rent payment was for a two-year period.calculate accrual net income for the year.
Answers: 2
![question](/tpl/images/cats/ekonomika.png)
Business, 23.06.2019 07:00
Ricardo conducts a survey to learn where consumers get information for buying used cars. this is an example of
Answers: 1
You know the right answer?
Martinville, Inc. earned revenues of $10,000 and incurred expenses of $7,500. The company declared a...
Questions
![question](/tpl/images/cats/biologiya.png)
Biology, 12.11.2020 19:50
![question](/tpl/images/cats/istoriya.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 12.11.2020 19:50
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/himiya.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 12.11.2020 19:50
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/es.png)
Spanish, 12.11.2020 19:50
![question](/tpl/images/cats/geografiya.png)
Geography, 12.11.2020 19:50
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/en.png)
English, 12.11.2020 19:50
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/geografiya.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 12.11.2020 19:50
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 12.11.2020 19:50
![question](/tpl/images/cats/istoriya.png)
![question](/tpl/images/cats/en.png)
![question](/tpl/images/cats/en.png)
English, 12.11.2020 19:50