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saw5 [17]
4 years ago
15

Consider the overall effects on Ready Maid Cleaning Service from selling and performing services on account for $ 6700 and payin

g expenses totaling $ 3300. What is Ready Maid Cleaning​ Service's net income or net​ loss?
Business
1 answer:
Anna71 [15]4 years ago
5 0

Answer:

$3400

Explanation:

The net income is the revenue - Cost and expenses.  In this case we are not including taxes nor other expenses.

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Can I Plss get some help on this
Verdich [7]

Based on the inflation rate and the fact that it is rising, the right recommendation would be to A. raise the reserve ratio.

<h3 /><h3>How can you decrease inflation?</h3>

Inflation can be reduced when the reserve ratio is raised because it will reduce the amount of money that banks have to loan out.

This means that there will be less money in the economy which will reduce inflation because less money means less demand for goods and services.

Find out more on effects of inflation at brainly.com/question/27889691.

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3 0
2 years ago
The following events took place at a manufacturing company for the current year:(1) Purchased $95,000 in direct materials.(2) In
Rom4ik [11]

Answer:

D $88410

Explanation:

Work in progress includes all the raw materials, direct labour and conversion costs incurred so far excluding cost of goods sold .

WIP= Intial WIP +Manufacturing costs incurred- Cost of goods sold.

The WIP inventory at the begining of the period is given as nil.

WIP during the period = (95000*80%)+56000+13600+107000

=252600(but it was given that 65% of the Process was completedi.e., finished goodswhich are not the part of the WIP inventory ; hence the remaining 35% is the Work in process inventory)

=$ 88410.

Further the remaining raw material 20% = 95000*20% shall not comprise a part of the WIP as it has not been brought into process itself , it shall lie in raw materials inventory itself.It shall be counted into the WIP once it is brought into the manufacturing assembly line.

3 0
3 years ago
Read 2 more answers
The Procter &amp; Gamble Company is a major producer of bar soaps. In fact, Procter &amp; Gamble produces Ivory,Camay, Lava, Saf
Jet001 [13]

Answer: (D) Product line

Explanation:

 The product line is basically refers to the group of the product in which the similar company or organization selling their products and brands.

In the product line concept, the companies are basically expanding their business by selling their existing products according to the customer requirement and the usability. It is also known as marketing and the product strategy for increase their productivity.

Therefore, Option (D) is correct.    

5 0
3 years ago
Cross references should be prepared for business names when
Paraphin [41]
There are numerous reasons why business names should be cross referenced. Some of the reasons are the business has an unusual name, compound names, and names with abbreviations and acronyms. The business may of also changed it's name,has a popular/coined names, and there may be subsidiaries and divisions of the business.
6 0
3 years ago
What is the main reason that governments create natural areas called reserves?
Sergio039 [100]
To protect weakened ecosystems and their wildlife Can i have brainy :D
3 0
3 years ago
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