Answer:
Income before tax of $17,000,000
net income $12,750,000
Explanation:
Hobson income from continuing operations can be computed by eliminating transactions relating to discontinued operations from the details provided:
Income from continuing operations $215,000,0000
additional warranty expense ($70,000,000)
additional depreciation ($145,000,000)
non-deductible portion of advertising $17,000,000
income before tax $17,000,000
tax at 25%*$17 million ($4,250,000)
Net income $12,750,000
Answer: $1,400,000
Explanation:
The checks to creditors were only mailed out in January so the creditor accounts had not been settled in December.
The goods purchased on December 28 should be included in the accounts payable account.
The goods that were shipped FOB Destination and were not yet delivered at year end will not be accounted for because FOB destination means that Dole will only take ownership when it reaches them.
Accounts payable is therefore:
= 900,000 + 350,000 + 150,000
= $1,400,000
Answer:
A. Portable people meter
Explanation:
The portable people meter also called the Nielsen meter or PPM for short is a device used to define listening habits on behalf of radio stations across the United states of America. It records media when it is being used and by who is using it. It's like a pager like device in which people carry out through out the day. The Nielsen then uses data it gets to produce monthly ratings of local reports for each markets.
The process of formalizing acceptance of the completed project deliverables is also known as Validate Scope.
Hope this helps!
Answer:
C
Explanation:
This balance sheet equation is incorrect, Assets minus Current liabilities = Longminusterm liabilities