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olganol [36]
4 years ago
12

Following is a list of financial statement items and amounts for Vantage Service as of 12/31/Year 1, the end of its first year i

n operation.Accounts Receivable $ 41,300Accounts Payable 31,300Cash 10,130Common Stock 21,300Notes Payable 10,260Equipment 50,650Sales Revenue 106,500Fuel Expense 10,130Rent Expense 11,200Advertising Expense 5,130Salaries and Wages Expense 21,300Retained Earnings ?Dividends 19,520Required: Prepare the Income Statement for the year ended December 31, Year 1. Prepare the statement of retained earnings for the year ended December 31, Year 1. Prepare the balance sheet for the year ended December 31, Year 1.
Business
1 answer:
Mamont248 [21]4 years ago
5 0

Answer

The answer and procedures of the exercise are attached in a microsoft excel document.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

Download xlsx
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All agencies with jurisdictional authority and/or functional responsibility for the incident provide joint support through mutua
BaLLatris [955]

Answer:

(a) unified command

Explanation:

  • A Unified Command is a structure in which the role of incident commander is shared by at least two people.
  • Unified command is an approach to complete the command in which reacting organizations jurisdictions with responsibility for the incident share incident management.
  • In unified command a combine  approach is made to developing strategies to achieve incident objectives.
6 0
3 years ago
Furthermore, 75% have adequate knowledge about your product and 65% say they like the product. Half say they intend to buy the p
sergij07 [2.7K]

Answer:

Behavioral Phase

Explanation:

Based on the information provided it can be said that the aspect that should be the promotional objective is the Behavioral Phase, which targets those actual purchases. This would be the best option since the vast majority of the public already knows about the product and likes it, but less than half actually go through with the purchase. Therefore targeting this aspect of the hierarchy of effects will demonstrate the best results.

5 0
4 years ago
Thomas purchased 2,500 shares of EKK stock for $135,000 one year ago. The stock pays annual dividends of S.30 a share. Today, Th
Anastaziya [24]

Answer:

His return on investment is negative 8.7%

Explanation:

Thomas purchased 2,500 shares of EKK at $54 per share (=$135,000 / 2,500).

He received $750 (= $0.30 x 2,500) in annual dividends.

He sold his 2,500 shares at $49 per share = $122,500

The total amount of money he received from his investment is $122,500 + $7

50 = $123,250, then we divide that by $135,000 = 0.913 - 1 = -8.7%

8 0
4 years ago
A purely competitive firm finds that the market price for its product is $30.00. It has a fixed cost of $100.00 and a variable c
Alinara [238K]

Answer:

Yes $30 agsinst $19.50

The variable cost for the first 50 untis is $17.50

Yes $30 against $27.25

average variable cost for the first 100 units $26.25

Marginal cost for the first 50 units: 17.50 which is lower than marginal revenue

from 51 units and subsequent untis: 35 which is higher than marginal revenue

It will produce 50 units achieving $525 of profit

Explanation:

$100 fixed cost /50 units + 17.50 = 19.50 average cost

selling price: $30

100 fixed cost + 17.50 x 50 + 35 x 50 = 2725

total cost 2,725 / 100 units = 27.25 unit average cost

selling price $30

($17.50 x 50 + $35 x 50)/100 = 26.25

After the 50untis our profit will decrease as the marginal revenue is lower than marginal cost thus, we stuop production at the 50 units:

50 x 30 - 100 fixed cost - 17.50 x 50 variable cost = 525 profit

4 0
3 years ago
Raj has been reviewing copies of medical records of patients from his clinic to see if he can identify any opportunities for qua
AysviL [449]
Throwing the copies out in the garage can without shredding because he’s tired shows Raj did not follow the company’s HIPAA P&Ps about proper disposal of PHI. He could have locked those copies for later "proper" disposal. Therefore, Yes! Raj has violated company policy and HIPAA.



7 0
4 years ago
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