subject
Business, 20.09.2020 14:01 kdior27

Swifty Corporation had net sales of $2,407,400 and interest revenue of $40,400 during 2020. Expenses for 2020 were cost of goods sold $1,458,700, administrative expenses $218,400, selling expenses $281,400, and interest expense $48,000. Swifty’s tax rate is 30%. The corporation had 104,200 shares of common stock authorized and 72,630 shares issued and outstanding during 2020. Prepare a condensed multiple-step income statement for Swifty Corporation. (

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 21:00
You decide that structural changes must be made at holden evans immediately to deal with the additional product lines. equipment and employees will have to be moved around to optimize production of all of the products in house. this shouldn't be too difficult because many of the vitamins and supplements are produced using similar processes. you have several options available to facilitate this process. which of the following methods do you think is the best choice? select an option from the choices below and click submit. because the changes may result in the loss of several key employees, you hire outside consultants who specialize in hr law. this way any employee terminations will not result in lawsuits. you select an outside consulting firm that your company has never worked with before, but it has a reputation for using new technology in product lines that are similar to yours. you select several trusted managers to facilitate the transition of operations from overseas. these individuals can gather information and also smooth any rough spots that may occur.
Answers: 3
question
Business, 22.06.2019 06:40
As a finance manager at allsports communication, charlie worries about the firm's borrowing requirements for the upcoming year. he knows the benefit of estimating allsports' cash disbursements and short-term investment expectations. facing these concerns, a(n) would provide charlie with valuable information by providing a good estimation of whether the firm will need to do short-term borrowing. capital budget cash budget operating budget line item budget
Answers: 3
question
Business, 22.06.2019 08:00
Why is it vital to maintain a designer worksheet? a. it separates the designs chosen for the season from those rejected by the company. b. it keeps a record of all designs created by the designer for a season. c. it charts out the development of an entire line through the season and beyond. d. it tracks the development of a design along with costing and production details. done
Answers: 1
question
Business, 22.06.2019 13:50
The retained earnings account has a credit balance of $24,650 before closing entries are made. if total revenues for the period are $77,700, total expenses are $56,900, and dividends are $13,050, what is the ending balance in the retained earnings account after all closing entries are made?
Answers: 2
You know the right answer?
Swifty Corporation had net sales of $2,407,400 and interest revenue of $40,400 during 2020. Expenses...
Questions
question
English, 15.04.2020 05:53
question
Mathematics, 15.04.2020 05:53
question
Mathematics, 15.04.2020 05:53
Questions on the website: 13722360