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victus00 [196]
3 years ago
8

Eskimo Pie Corporation markets a broad range of frozen treats, including its famous Eskimo Pie ice cream bars. The following ite

ms were taken from a recent income statement and balance sheet.
In each case, identify whether the item would appear on the balance sheet or income statement.
(a) Income tax expense
(b) Inventory
(c) Accounts payable
(d) Retained earnings
(e) Equipment earnings
(f) Sales revenue
(g) Cost of goods sold
(h) Common stock
(i) Accounts recieable
(j)Interest expense
Business
1 answer:
Aneli [31]3 years ago
3 0

Answer:

  1. BALANCE SHEET:

(b) Inventory

(c) Accounts payable

(d) Retained earnings

(h) Common stock

(i) Accounts receivable

     2. INCOME STATEMENT:

(b) Inventory

(c) Accounts payable

(d) Retained earnings

(h) Common stock

(i) Accounts receivable

Explanation:

The balance sheet identifies the productive resources (assets) that a firm has for the development of its activities, as well as how they are financed. Those funds may come from creditors (Obligation with creditors - Liabilities) and owners (Issuing equity shares - Shareholders' equity).

Instead, The Income Statement shows the incomes and loss than the firm operation has produced during the accountable period. It starts with Revenues and Cost of Goods to get the Gross Net Profit and follows with others incomes and loss to get the Net Income of the period.

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The introduction of a union into an industry
Lemur [1.5K]

Answer:

Option A (Raises wages and employment in that industry)

Explanation:

A union is a group of people from a specific profession that protests/voices their opinions, concerns, and/or matters that they think are necessary for them to stay in that specific profession.

Labor unions give workers the power to negotiate for more favorable working conditions and other benefits through collective bargaining. Union members earn better wages and benefits than workers who aren't union members. On average, union workers' wages are 28 percent higher than their nonunion counterparts.

5 0
2 years ago
A Michigan State University student spends his summer months in his hometown, where he works for a local micro-brewery during th
murzikaleks [220]

Answer: Expectancy theory

Explanation:

The theory that suggests that the student will only work as hard as necessary to earn a "C" grade is the expectancy theory.

Expectancy theory states that an individual will act in a particular way due to the fact of what they believe will be the result of the behavior that they selected and thereby will select a particular behavior above orhers.

Here, the student simply selects his work above the school grade because he believes that a C is enough for him. Therefore, the answer will be expectancy theory.

6 0
2 years ago
Consultative selling emphasizes need​ identification, which the salesperson achieves​ by: A. asking the client questions and lis
Mrrafil [7]

Answer:

Letter A is correct

Explanation:

In consultative selling, the salesperson's function is not only to sell products, in this type of sales strategy, the salesperson must adapt a set of techniques that work together to provide the sales service together with a consultancy, that is, listening to the customer. , answer their needs and ask questions so that communication with the customer goes smoothly so that the salesperson can get optimal feedback and then design an appropriate sales strategy that will be ideal for that customer.

8 0
3 years ago
Suppose a foreign investor who holds tax-exempt Eurobonds paying 10.50% is considering investing in an equivalent-risk domestic
timurjin [86]

Answer:

14.58%

Explanation:

Return on Bond is the actual rate that is received by an investor on investment in bond.  

As per given data

After Tax return = 10.50%

Tax Rate = 28%

Deduction of 28% withholding tax will be made on the return of the bond in that country where investment is made and investor will have return net of tax.

We can calculate the after tax return on the bond as follow

After tax return = Before tax return x ( 1 - Tax rate )

10.5% = Before tax return x ( 1 - 28% )

0.105 = Before tax return x ( 1 - 0.28 )

0.105 = Before tax return x 0.72

Before tax return = 0.105 / 0.72

Before tax return =  0.1458 = 14.58%

4 0
3 years ago
The yield to maturity (YTM) on 1-year zero-coupon bonds is 8% and the YTM on 2-year zeros is 9%. The yield to maturity on 2-year
yarga [219]

Answer:

Arbitrage opportunity may exists as the ZCBs selling at different price at same time due to change in their YTM .

The PV of 100 face value zcb with different ytm are different , in this case.

for one year maturity with face value 100 current price = fv/ pv at 8% = 92.59

for Two year maturity with face value 100 current price = fv / Pv at 9% for two years = 84.167 , if the bond holder sell the bond after 1 year only, the price = 91.74 .

a) The arbitrage opportunity exist with buy two bond with face value 100 with maturity of 1 year and face value 110 with maturity of 2 years.

b) profit 0.01 , as difference between PV of both bond at their YTM rate.

3 0
3 years ago
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