The static budget, at the beginning of the month, for Beacon Banner Company follows:

traci budgeted $770 for fixed expenses and $530 for living expenses per month. She has no annual expenses. Her annual net income

Nuetrik [128]

ANSWER: Surplus by $1,152

EXPLANATION: Traci had a budget of $770 for fixed expense and $530 for living expenses per month which adds up to $1,300 expenses per month. Since she has no annual expense, her yearly total expense would be $15,600.

Traci earns $16,752 so by subtracting her expense from income, we get $16,752 - $15,600 = $1,152

7 0

3 years ago

Read 2 more answers

The parents of a child diagnosed with Tay-Sachs inquire about progression of the disorder. Which statement by the nurse is accur

Anit [1.1K]

Answer:

The correct answer is The child will experince decreased muscular and neurologic functioning until death occurs.

Explanation:

Tay-Sachs disease is a rare degenerative disease that affects the brain and central nervous system and is hereditary, autosomal recessive (more common in descendants of Hebrews).

It is one of the diseases by lysosomal deposition. Individuals who suffer from it are unable to produce a lysosomal enzyme called hexosaminidase-A that participates in the degradation of gangliosides, a type of sphingolipid, that accumulate and degenerate to the central nervous system. It is included within lipidosis or lipid storage diseases.

5 0

3 years ago

If $1,000,000 of 8% bonds are issued at 102 3/4, the amount of cash received from the sale is ______________.

Jobisdone [24]

Answer:

The amount of cash received from the sale is $1,027,500

Explanation:

In this scenario we first have to know the number of bonds issued and then multiply it by the bond price which is given to us in the question.

The bonds have a total face value of 1,000,000 and one bond is issued at 102.75 which means that the face value of a single bond is 100.

Now in order to find the number of bonds issued we will divide the total face value by the face value of a single bond.

1,000,000/100=10,000.

10,000 bonds were issued at $ 102.75 now in order to calculate the total cash received we will multiply the number of bonds with the issue price.

10,000*102.75=1,027,500

4 0

3 years ago

Which of the following acquisitions would be considered the LEAST related? Group of answer choices A candy manufacturer purchase

kari74 [83]

Answer:

An upscale "white-tablecloth" restaurant chain acquires a travel agency.

Explanation:

Few reasons:

Such restaurant are luxurious, so they would want to collaborate with travel agencies but not acquire the whole agency itself.
Being the upscale restaurant they have to work on their own image not acquiring unnecessary agencies.
They have their own customer market, who won't compromise on the choices they make, so they don't need to acquire a travel agency to increase it's branding as not everyone can afford such restaurants.

4 0

3 years ago

The justification for a company initially recording prepaid rent in either an income statement or balance sheet account is that:

Levart [38]

The justification for a company initially recording prepaid rent in either an income statement or balance sheet account is that at the end of each year, the account balances are revised so that they accurately represent the current situation.

This is further explained below.

<h3>What is an income statement?</h3>

Generally, When a business first records its prepaid rent, it should do so in either an account on its income statement or one on its balance sheet.

The reason for this is because, at the end of each year, the balances of these accounts should be revised so that they more accurately reflect the situation at the moment.

In conclusion, An income statement, also known as a profit and loss account, is one of the financial statements that a business maintains.

It details the revenues and costs that the firm incurred during a certain time period. It describes the process through which the revenues are converted into the company's income or profit after taxes.