1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Inessa05 [86]
3 years ago
8

Korte Company reported the following information for 2014:

Business
1 answer:
sergejj [24]3 years ago
4 0

Answer: For 2014, Korte would report comprehensive income of $341,000.

Explanation:

Korte Company

Comprehensive income statement for 2014 (extract)

Sales revenue                             $1,500,000

Cost of goods sold                      (1,050,000)

Gross profit                                      450,000

Operating expenses                      (165,000)

<em>Other income:</em>

Unrealised gain on AFS securities   50,000

Dividends received                             6,000

Comprehensive income               $341,000        

You might be interested in
Item 5Item 5 Marketing researchers often use ________ by selecting a group of distributors, customers, or prospects, asking them
dsp73

Answer: sampling

Explanation: Sampling is a statistical analytical technique where a number of observations are selected from a large population. Analysis is carried out on the sample and use to draw conclusion for the whole population.

4 0
3 years ago
A form of business ownership that provides limited liability to its owners, but is taxed as a partnership is a(n) .
n200080 [17]

A form of business ownership that provides limited liability to its owners, but is taxed as a partnership is a Limited Liability Company (LLC).

Limited Liability Company (LLC) is a form of business structure that gives protection to its owners against any debts or liabilities owned by the company. This means that the liability of the owners is limited to the amount of investment they have in the company.

This type of business is growing primarily in the United States. They do not pay taxes on their profits directly. Their profits and losses are passed through to members, who report them on their individual tax returns.

Therefore, Liability Company (LLC) is a form of business ownership that provides limited liability to its owners, but is taxed as a partnership.

Learn more about Limited Liability Company (LLC) in this link : brainly.com/question/13888388

3 0
2 years ago
If the Canadian dollar is strengthening, then:
Rainbow [258]

Answer:

The correct answer is (D) it has appreciated in terms of other currencies.

Explanation:

Currency appreciation is the increase in the value of a country's currency with respect to one or more foreign reference currencies, which normally occurs in a floating exchange system.

The reasons that can make a currency or currency appreciate are diverse and usually related to a high demand for it. For example, the consideration of a currency as a low risk of depreciation or a very high level of exports of a country (the demand for the currency to pay for exports will increase) are causes that give rise to the appreciation of a currency.

7 0
3 years ago
Vetox sells industrial chemicals. One of their inputs can be purchased in either jugs or barrels. A jug contains one gallon, whi
soldier1979 [14.2K]

Answer:

D. They might order a greater number of gallons with jugs or with barrels, depending on various factors like the demand rate, ordering cost, and holding cost.

Explanation:

Let us assume the following things  

D be the demand rate

P be the Unit cost

H be the holding cost per gallon per months

S be the  ordering cost

Now the economic order quantity is  

EOQ units = Q = √(2DS ÷ (H))

Therefore, the order quantity would be based upon demand rate, ordering cost and holding cost.

So the last option is correct

3 0
2 years ago
IE 9-2 ... PPF Model – If this economy has encountered a Recovery from Point "R" to Point "X" (as viewed by the Keynesian Model)
DerKrebs [107]

Answer:

Severe Inflation

Above $2.34

Explanation:

If this economy has encountered a Recovery from Point "R" to Point "X" (as viewed by the Keynesian Model), then one Risk is a movement toward Point "P" with severe inflation. The corresponding AS/AD Model would move from a Price Level of $2.00 to above $2.34.

8 0
3 years ago
Other questions:
  • What is a homestead exemption?
    5·1 answer
  • There are three consumers of a public good. The demands for the consumers are as follows: Consumer 1: P1 = 60 – Q Consumer 2: P2
    11·1 answer
  • The baldwin company has just purchased $40,900,000 of plant and equipment that has an estimated useful life of 15 years. the exp
    11·2 answers
  • Addison pays $15,000 for an annuity that will pay $1,000 a year, starting this year. If the annuity is for a term of 20 years, h
    9·1 answer
  • Which of the following statements is CORRECT? Since depreciation increases the firm's net cash provided by operating activities,
    7·1 answer
  • Based on the following data for the current year, what is the inventory turnover? Sales on account during year $700,000 Cost of
    5·1 answer
  • 5. What has made California a particularly good place for entrepreneurs
    5·1 answer
  • How the lack of characteristics of a good leader can affect an organization?​
    13·1 answer
  • The previous graph you constructed should show that net exports from Japan would be negative if the price of yen increased to a
    8·1 answer
  • Notification by the bank that a deposited customer check was returned nsf requires that the company make the following adjusting
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!