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docker41 [41]
4 years ago
8

Late one night, while studying for your anatomy class, you open a box of saltine crackers to do a little snacking. after chewing

on a starchy morsel for a few minutes, you begin to notice a sweet taste in your mouth. what accounts for this?
Business
1 answer:
OLga [1]4 years ago
6 0
<span>Salivary amylase in your saliva breaks down the starchy morsel as you chew. The starch breaks down into maltose that accounts for the sweet taste in your mouth.</span>
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The adjusted trial balance of Parsons Company at December 31, 2014, includes the following accounts:
Otrada [13]

Answer:

<u>Income statement of  Parsons Company for the period ended December 31, 2014</u>

                                                                   Amount in $        Amount in $

Service Revenue                                                                       37,000

Operating expense;

Salaries and Wages Expense                      16,000

Insurance Expense                                        2,000

Rent Expense                                                 4,000

Supplies Expense                                           1,500

Depreciation Expense                                   <u> 1,300</u>

Total expense                                                                           <u> (24,800)</u>

Net income/(loss)                                                                     <u>   12,800  </u>

Explanation:

The income statement shows the income and expenses of a business. Owner's capital and drawings are elements of the business balance sheet. Other items given are elements of revenue and cost.

6 0
3 years ago
Accounting Professionals Inc. experienced the following events in 2014, its first year of operation:1. Performed services for $2
Andrews [41]

Answer:

Explanation:

The accounting equation is presented below:

Particulars       Assets   =               Liabilities   =             Stockholders equity  

                        Cash     Supplies          Account payable              Retained earnings

1. Service

Performed       $20,000                                                                    $20,000

2. Supplies

Purchased                       $4,000             $4,000

3. Supplies

Used                              -$3,000                                                         -$3,000

Total               $20,000  $1,000              $4,000                               $17,000

6 0
3 years ago
What happens if a monopolist increases the price of a good?
Natali5045456 [20]

Answer:

By contrast, because a monopoly is the sole producer in its market, its demand curve is the market demand curve. If the monopolist raises the price of its good, consumers buy less of it. Also, if the monopolist reduces the quantity of output it produces and sells, the price of its output increases.

Explanation:

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4 0
3 years ago
Assuming a FICA tax rate of 7.65% on the first $127,200 in wages, 1.45% on amounts in excess of $127,200, and a federal income t
Lelechka [254]

Answer:

$154524

Explanation:

If a federal tax rate is 20% on all wages then we subtract that amount from the total wage of $206000 for the year

20% from $206000 is $41200

$206000 - $41200 = $164800

We have deducted the federal tax rate and got the amount $164800

After we apply the FICA tax rate of 7.65% on the amount $127200 we get

7.65% of $127200 is $9730,8 so the first amount we have to remember is

$127200 - $9370,8 = $117469,2

Regarding the amount that excess $127200 that amount stands at

$164800 - $127200 = $37600

We apply the 1.45% rate to the amount $37600

1.45% of the $37600 is $545,2 so the second amount we have to remember is

$37600 - $545,2 = $37054,8

We now simply add the two calculated amounts

$117469,2 + $37054,8 = $154524

So the net pay for the year is $154524

7 0
4 years ago
Salud Company reports the following information. Use the indirect method to prepare only the operating activities section of its
Ray Of Light [21]

Answer:

The Net cash is 436.000

Explanation:

To get net cash flow using the indirect method we must make adjustments to the net income.  

It depends on the account if it is added or subtracted  to net income

In this case,  

Net income 400.000

Adjustment to reconcile the net income to cash  

- Accounts receivable increase   (40.000)

+ Depreciation expense 80.000

+ Prepaid expenses decrease  12.000

- Gain on sale of machinery (20.000)

+ Accounts payable increase 6.000

- Wages payable decrease (2.000)

 Net cash                       436.000

4 0
3 years ago
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