Business, 04.09.2020 20:01 sheldonwaid7958
Which of the following statements is true?
a. If revenues are less than expenses, the company has a net loss and retained earnings decreases.
b. If revenues are greater than expenses, the company has net income and contributed capital increases.
c. If revenues are less than expenses, the company has a net loss and contributed capital increases to balance off the loss.
d. If revenues are greater than expenses, the company has net income and retained earnings decreases
Answers: 3
Business, 21.06.2019 22:20
On january 1, jackson, inc.'s work-process inventory account showed a balance of $ 66,500. during the year, materials requisitioned for use in production amounted to $ 70,500, of which $ 67,700 represented direct materials. factory wages for the period were $ 210,000 of which $ 187,000 were for direct labor. manufacturing overhead is allocated on the basis of 60% of direct labor cost. actual overhead was $ 116,050. jobs costing $ 353,060 were completed during the year. the december 31 balance in work-process inventory is
Answers: 1
Business, 22.06.2019 01:00
Azster inc. recorded sales revenue for the year that ended december 31, 2014 as $67,000. interest revenue of $5,300 and expenses of $14,000 were also recorded for the same period. what is aster’s net profit or loss?
Answers: 3
Business, 22.06.2019 07:10
1. the healthy pantry bought new shelving and financed $7,300 with 36 monthly payments of $267.65 each. suppose the firm pays the loan off with 13 payments left. use the rule of 78 to find the amount of unearned interest. 2. the healthy pantry bought new shelving and financed $7,300 with 36 monthly payments of $267.65 each. suppose the firm pays the loan off with 13 payments left. use the rule of 78 to find the amount necessary to pay off the loan. ! i entered 967.82 for question 1 and 5,455.78 for question 2 and it said it was
Answers: 3
Business, 22.06.2019 19:30
The usa today reports that the average expenditure on valentine's day is $100.89. do male and female consumers differ in the amounts they spend? the average expenditure in a sample survey of 47 male consumers was $135.67, and the average expenditure in a sample survey of 38 female consumers was $68.64. based on past surveys, the standard deviation for male consumers is assumed to be $34, and the standard deviation for female consumers is assumed to be $17.
Answers: 1
Which of the following statements is true?
a. If revenues are less than expenses, the company has a...
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