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alekssr [168]
1 year ago
7

accounts receivable had a debit balance of $10,000 at the beginning of the period, and a debit balance of $6,000 at the end of t

he period. based on this information, the adjustment to net income for the period will be reported as:
Business
1 answer:
Mila [183]1 year ago
7 0

If accounts receivable had a debit balance of $10,000 at the beginning of the period, and a debit balance of $6,000 at the end of the period. based on this information, the adjustment to net income for the period will be reported as: a decrease of $4,000 which will be added to net income.

<h3>How to find the adjustment to net income?</h3>

Using this formula to determine the adjustment to net income

Adjustment to net income = accounts receivable had a debit balance - Beginning debit balance

Where:

Accounts receivable had a debit balance = $10,000

Beginning debt balance = $6,000

Let plug in the formula

Adjustment to net income = $10,000 - $6,000

Adjustment to net income = $4,000


Therefore we can conclude that the adjustment to net income for the period will be reported as a decrease of $4,000 which will be added to net income.

Learn more about adjustment to net income here:brainly.com/question/6748270

#SPJ1

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In November 2009, Perrigo Co. (PRGO) had a share price of $39.20. They had 191.33 million shares outstanding, a market-to-book r
lubasha [3.4K]

Answer:

$0.86

Explanation:

Earnings per Share = Earnings attributable to holders of Common Stock ÷ Weighted Number of Common Stocks Outstanding.

where,

Earnings attributable to holders of Common Stock = $163.82 million

and,

Weighted Number of Common Stocks Outstanding = 191.33 million

Therefore

Earnings Per Share = $163.82 million ÷ 191.33 million

                                = $0.86

7 0
2 years ago
Money that you owe the Internal Revenue Service because you did not pay enough in over the year is known as a ________________.
matrenka [14]

Answer:

Tax due or tax bill any one of them

5 0
2 years ago
Refer to the information for Alfombra Inc. below.
Ann [662]

Answer:

<u>cost to be accounted for:</u>

beginning cost: 180,000

added cost        756,000

total cost         <em>   936,000</em>

<u>cost accounted for:</u>

ending WIP 30,000 x 5.2           =  156,000

trasnsferred-out: 150,000 x 5.2 =  780,000

total cost accounted for           <em>      936,000</em>

Explanation:

150,000 completed

 50,000 at 60%

weighted average equivalent unit:

complete + percetage of completion ending WIP

150,000 + 50,000 x 60% = 180,000

Cost per unit:

936,000 / 180,000 = 5.2 dollar per unit

we should match the total cost pool with the ending WIP and trasnferred out units

4 0
3 years ago
Andalus Furniture Company has two manufacturing plants, one at Aynor and another at Spartanburg. The cost in dollars of producin
Bad White [126]

Answer:

9 in Aynor and 31 in Spartanburg

Explanation:

we need to build the following:

    A              B           C

           units    COST

Aynor          9           =93 + 80*B2 + POWER(B2;2)*7

Spartanburg 31           =147 + 20*B2 + POWER(B2;2)*3

             =b2 + b3   = c2 + c3

We stablish that we want to minimize c3

changing cell b2 and b3

with the restriction that must be integer solution and b4 should equal 40

5 0
3 years ago
As lynn is working on writing the text that will be incorporated into a new magazine ad for her company’s line of handbags, she
bulgar [2K]

As Lynn is working on writing the text that will be incorporated into a new magazine ad for her company’s line of handbags, she is engaging in the encoding stage of the communication process.

<h3><u>What is encoding?</u></h3>
  • Humans primarily communicate through encoding and decoding messages. The individual who creates and transmits the message is known as the encoder.
  • The encoder must ascertain how the audience will interpret the message and make necessary changes to ensure that the audience interprets the message as intended.
  • Encoding is the process of converting ideas into language. The message is transmitted by the encoder using a "medium" such a phone call, email, text message, in-person meeting, or other communication method.

Different signals require different levels of conscious thought when they are encoded. The encoder should also care for any "noise"—such as other messages, distractions, or influences—that could obstruct their message.

Know more about encoding with the help of the given link:

brainly.com/question/19586679

#SPJ4

7 0
1 year ago
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