The statement is FALSE.
Not only organic chemistry but also physical, inorganic, analytical, biochemistry and other branches of chemistry is applicable to the pharmaceutical industry.
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Answer:
$97,000
Explanation:
The computation of capital account balance is shown below:-
capital account balance = Fair market value of Land + Equipment fair market value - Mortgage on the land
Capital account balance = $60,000 + $57,000 - $20,000
= $97,000
Therefore for computing the balance of capital account we simply added the fair market value of land and equipment fair market value and deduct the mortgage on the land and we ignore the book values as its not relevant to compute the balance of capital account.
The power point feature that include pre-programmed settings that specify degrees of intensity for fills, lines and special effects such as shadows and bevels is EFFECTS.
Answer:
The computations are shown below:
Explanation:
a. Goods available for sale is
= beginning inventory + net purchase
= $11,000 + $13,500
= $24,500
The cost of goods sold is
= Goods available for sale - ending inventory
= $24,500 - $6,600
= $17,900
The gross profit is
= Net sales - cost of goods sold
= $21,500 - $17,900
= $3,600
b. For Krug service company, the net income is
= revenue - expenses
= $26,000 - $9,700
= $16,300
For Kleiner Merchandising Company, it is
= Gross profit - expenses
= $3,600 - $2,050
= $1,550