The following data were selected from the records of Sykes Company for the year ended December 31, Current Year.

What places are likely to support a large consumer population?.

Tresset [83]

The places to support a large consumer population are the areas with abundant water and sunlight.

<h3>What is the population?</h3>

The population is defined as the number of persons in a single area, whether it would be a country, region, or any locality.

Governments normally specify the size of the resident population inside their jurisdiction using a count, a methodology of collecting, analyzing, gathering, and publishing data regarding a population.

The large consumer population supports the area where there is abundant water and sunlight.

Therefore, abundant water and sunlight support a large consumer population.

Learn more about the population, refer to:

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3 0

2 years ago

You are given the following information: sales, $260; expenses other than depreciation, $140; depreciation expense, $50; margina

masha68 [24]

Answer:

See below

Explanation:

1. The net cash after-tax cash flow effect of the preceding information of using the indirect method.

First, we need to calculate the pretax income.

Pretax income = Sales - Expenses other than depreciation - depreciation expense

Pretax income = $260 - $140 - $50 = $70

Also,

Tax expense = 35% × pretax income $70 = $24.5

Therefore, the indirect method would be;

Pretax income

$70

Less:

Tax expense

($24.5)

After tax income

$45.5

Add:

Depreciation expense

$50

After-tax cash flow

$95.5

Direct method

After tax cash operating income

[($260 - $140 - $50) × (1 - tax rate 35%)]

$45.5

Add :

Depreciation expense

$50

After tax cash flow

$95.5

5 0

3 years ago

Which of the following definitions most accurately defines the phrase "final goods and services"? Those goods used in the produc

elena-14-01-66 [18.8K]

Final Goods :Those goods purchased by the consumers.

3 0

3 years ago

Read 2 more answers

When a company puts its commitment to social and environmental responsibility into practice worldwide, not only locally or regio

Nookie1986 [14]

Global Corporate Citizenship is when a company puts its commitment to social and environmental responsibility into practice worldwide, not only locally or regionally.

<h3>What is Global Corporate Citizenship?</h3>

Global Corporate Citizenship are the concerted efforts companies make to contribute to the improvement and sustainability of their immediate environment and other environment.

Here, a company would put its effort to providing social and environmental duties.

Learn more about Global Corporate Citizenship here: brainly.com/question/14695520

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6 0

2 years ago

The DEF partnership reported net income of $130,000 for the year ended December 31, 20X8. According to the partnership agreement

gtnhenbr [62]

Answer:

The DEF Partnership

Allocation of Partnership Net Income for 2008:

D E F Total

Net income $130,000

Salaries $25,000 $20,000 $15,000 (60,000)

Bonus on net income 13,000 ----- ----- (13,000)

Remainder 34,200 17,100 5,700 (57,000)

Total allocation $72,200 $37,100 $20,700 $130,000

Explanation:

a) Data and Calculations:

Net income for the year ended December 31, 2008 = $130,000

Order of distribution of partnership profits and losses:

D E F

Salaries $25,000 $20,000 $15,000

Bonus on net income 10% ----- -----

Remainder 60% 30% 10%

Bonus on net income = $13,000 ($130,000 * 10%)

Remainder after salaries and bonus = $57,000 ($130,000 - $73,000)

D = $34,200 ($57,000 * 60%)

E = $17,100 ($57,000 * 30%)

F = $5,700 ($57,000 * 10%)

4 0

3 years ago