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tekilochka [14]
3 years ago
8

Information concerning the unexpected resignation of one or more of the registrant's directors would be disclosed on which of th

e following forms?
I. Form 8-Q
II. Form 8-K
I. Both I and II
II. Neither I nor II
Business
1 answer:
labwork [276]3 years ago
7 0

Answer: Form 8-K

Explanation:

An 8-K is a report the corporate changes that happens at an organization. The information given in form 8-K is important to the shareholders of the organization and also to the Securities and Exchange Commission.

Events such as bankruptcy, acquisitions, resignation of directors can all be seen in the report.

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The decision to accept an additional volume of business should be based on a comparison of the revenue from the additional busin
musickatia [10]

Answer:

false

Explanation:

Sunk cost is cost that has already been incurred and cannot be recovered. it should not be considered when making future decisions

7 0
3 years ago
Two accountants for the firm of Elwes and Wright are arguing about the merits of presenting an income statement in a multiple-st
Katarina [22]

Answer:

MULTI-STEP

Sales Revenue  96,948.00

Sales commissions <u>(8,428.00)</u>

Net Sales          88,520.00

COGS                 <u>(61,018.00)</u>

Gross Profit          27,502.00

Depreciation          (11,336.00)

Delivery Expense  (3,138.00)

Salaries expense  (5,348.00)

<u>Operating Income   7,680.00 </u>

Rent revenue            17,678.00

Interest expense  (2,308.00)

<u>Non-Operating         15,370.00 </u>

Earning Before Taxes  23,050.00  

Income Tax  (9,518.00)

Net Income  13,532.00  

Shares 40,550

EPS  0.33  

ONE-STEP

Sales Revenue   96,948.00

Sales commissiones<u> (8,428.00)  </u>

Net Sales            88,520.00

COGS                  <u>  (61,018.00)  </u>

Gross Profit            27,502.00

Rent Revenue    17,678.00

Depreciation           (11,336.00)

Delivery Expense     (3,138.00)

Salaries expense    (5,348.00)

Interest expense <u>   (2,308.00)   </u>

EBT                     23,050.00  

Income Tax        <u>     (9,518.00)   </u>

Net Income            13,532.00  

Explanation:

The multi-steps calcualte the operating income and the non-operating income (from other activities and interest which aren't directly linked to the main activity of the company) While the one step just calcualte directly through earnings before taxes after solving gross profit.

6 0
3 years ago
Read 2 more answers
Whispering is a corporation that sells breakfast cereal. Based on the accounts listed below, what are Whispering's total trade r
Leto [7]

Answer:

the total trade receivable is $12,300

Explanation:

The computation of the total trade receivable is shown below:

= note due from customer + Due and unpaid from this month's sales + Due and unpaid from last month's sales

= $1,570 + $9,730 + $1,000

= $12,300

Hence, the total trade receivable is $12,300

The other items would not be considered as it is not a trade receivables

8 0
3 years ago
Which of the following statements is false?
Lelechka [254]

Answer:

<em><u>Which of the following statements is false?</u></em><em><u>(</u></em><em><u>A</u></em><em><u>)</u></em>

Explanation:

<em><u>please click the heart and rate excellent and brainleist to </u></em><em><u>❤</u></em><em><u>☺️</u></em><em><u>♨️</u></em><em><u>☻</u></em><em><u>♨️</u></em><em><u>☺️</u></em><em><u>❤</u></em>

4 0
2 years ago
Read 2 more answers
Which of the following is not an example of how Irish immigrants were eventually accepted in the U.S.?
Alla [95]
If you give options I can help you with it
5 0
3 years ago
Read 2 more answers
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