Answer:
net income $2,568
Explanation:
Net income = revenues - expense
We will list the revenues and the expenses accounts:
Fees Earned 7,304
Wages Expense 3,335
Rent Expense 844
Utilities Expense 330
Depreciation Expense 160
Miscellaneous Expense 67
Total expenses 4,736
Net Income 2,568
Answer:
Getting a personal introduction to a strategic investor or business partner means everything to an entrepreneur. Likewise, executives depend on being able to pick up the phone to get insights into a new market or find the world's greatest marketing guy.
Answer:
Annual maintenance on its equipment = Expensed
Remodelling of offices = Capitalised and depreciated.
Rearrangement of the shipping and receiving area = Capitalised and depreciated.
Addition of a security system = Capitalised and depreciated.
Explanation:
Annual maintenance on its equipment = $5,400 ( This is a normal maintenance bill and can be entirely expensed in the year it occurs.)
Remodelling of offices = $22,000 ( This is a part of the transformation process and should be capitalised and depreciated accordingly.)
Rearrangement of the shipping and receiving area = $35,000 (Since this is a reorganisation that would increase efficiency, it should be capitalised and depreciated.)
Addition of a security system = $25,000 ( Since this is an addition of asset, it should be capitalised and depreciated.)
Answer:
A) Sell short 100 ABC at 69.45 Stop
Explanation:
When an order is placed below the market (OBLOSS - Open Buy Limits Open Sell Stops) it will be adjusted on the specialist's book for distributions on ex date. This open sell stop order = $70 - $0.55 (dividend) = $69.45
So the adjusted order will be: Sell short 100 ABC at 69.45 stop.
Answer:
mental and emotional disorders, health and behavioral problems, relationship issues
Explanation: