Which pathway includes the most self-employed workers?

Janes Company provided the following information on intangible assets: A patent was purchased from the Lou Company for $1,100,00

juin [17]

Answer:

Please find attached Balance sheet.

Explanation:

4 0

3 years ago

Brief Exercise 5-7 Record the adjustment for uncollectible accounts (LO5-3) At the end of the year, Dahir Incorporated’s balance

Arada [10]

Answer:

At the end of period the allowance for uncollectible debts will be: 15000-3000 = $ 12000 because 3000 account receivable is written off.

Explanation:

(Opening) Allowance for uncollectible accounts = 3000 (Dr)

During the year company estimates = $ 15000

Entry : Dr Bad debts expense 15000

Cr Allowance for bad debts 15000

( To record uncollectible accounts)

5 0

3 years ago

Emery mining inc. recently reported $170,000 of sales, $75,500 of operating costs other than depreciation, and $10,200 of deprec

jonny [76]

<span>Net Income After Tax = Net Income Before Tax - Tax Net Income Before Tax = 170,000-75,500-10,200+(16,500*0.0725)=85,496.25 Tax = 0.35*Net Income Before Tax=0.35*85,496.25= 29,923.69 Net Income After Tax = 85,496.25- 29,923.69 = 55,572.56</span>

5 0

3 years ago

________ is the stage of the new-product process that involves exposing actual products to prospective consumers under realistic

Dmitriy789 [7]

Answer:

Market testing

Explanation:

Market testing is the stage of the new-product process that involves exposing actual products to prospective consumers under realistic purchase conditions to see if they will buy.

This is done in order to prepare the product according to the market it is being launched in. It helps the product developers to get rid of any loopholes that might hinder the success of the product in a specific market.

8 0

3 years ago

Carla Vista Company reports the following operating results for the month of August: sales $385,000 (units 5,500), variable cost

Neko [114]

Answer and Explanation:

The computation is shown below:

1.

Selling Price = Sales ÷ Units Sold

Current Selling Price = $385,000 ÷ 5500

= $70

Now

Expected Selling Price per unit = $70 + ($70× 10%)

= $77

Now

Expected Sales = 5500 × $77

= $423,500

Now

Net Income = Sales - Variable Cost - Fixed Cost

= $423,500 - $250,000 - $94,000

2.

Sales = $385000

Variable cost = $385,000 × 56% = $215,600

Sales $385,000

Less: variable cost -$215,600

Contribution Margin $169,400

Les: fixed cost -$94,000

Net Income $75,400

As we can see that if there is an increase in Selling Price by 10% so it would produce highest Net Income.

3 0

3 years ago