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3 years ago

Burns Corp. had the following items:

Business

1 answer:

OLga [1]3 years ago

7 0

Answer:

Option D is correct because the only item that relates to Income statement is Sales Revenue of $45000 and the remainder transactions net effect must go to Comprehensive Income statement.

Net effect = - $36k + $28k - $17k -$3.1k = $28.1 Loss

This net effect realized during the year in the Comprehensive Income statement because these transaction does not directly relate to core operation of the entity.

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GDP is the: national income minus all non-income charges against output. monetary value of all final goods and services produced

olasank [31]

Answer:

The correct answer is: monetary value of all final goods and services produced within the borders of a nation in a particular year.

Explanation:

GDP of a nation can be defined as the monetary value of all the goods and services that are produced within the geographical boundaries of the nation in a year.

The GDP does not include intermediate goods and services as it may lead to double counting. The reselling of objects is also not included.

It is used to measure the health of a nation's economy. It shows the level of economic activities in a nation. An increase in GDP means economic growth.

6 0

3 years ago

Xyz company is a low-cost provider. xyz is most susceptible to

Alex777 [14]

Xyz company is a low-cost provider. Xyz is most susceptible to ANY NEW INNOVATIONS OR INVENTIONS FROM A COMPETITOR COMPANIES.
Low cost strategy is one of the three generic marketing strategies. It is a pricing strategy in which a service provider or a company reduces the cost to increase profit and demand.

5 0

3 years ago

What program begins with a thirteen-week reintegration treatment program that attempts to improve offenders' basic socialization

oksian1 [2.3K]

This kind of program could be like rehabilitation such as may be provided in a half-way house for people coming out of jail which is designed to help the ex-prisoners to stop the use of illicit drugs, improve socialization skills and find meaningful employment so they can get back on their feet again. Where I live in the province of BC in Canada, it is law that a person can not be barred from employment if his offence was not related to his/her work.

6 0

3 years ago

Recording Issuing of Materials Materials issued for the current month are as follows: Requisition No. Material Job No. Amount 94

babymother [125]

Answer:

Work in process = $72,220

Factory Overhead = $1,098

Explanation:

DATA

No. Material Job No. Amount

945 Fiberglass 78 $20,240

946 Plastic 93 $9,890

947 Glue Indirect $1,098

948 Wood 99 $3,622

949 Aluminium 108 $38,468

Required: Amount of materials transferred to Work in Process and Factory Overhead?

Solution

Work in process = sum of all direct material cost

Work in process = $20,240 + $9.890 + $3,622 + $38,468 = $72,220

Factory Overhead = sum of all indirect material cost

Factory Overhead = $1,098

6 0

3 years ago

Property has been listed for sale and a buyer has made an offer. The seller disclosed to the buyer that the seller did not have

horrorfan [7]

Answer:

Since the buyer has previous notice of the defect before the policy was issued, then the title company is not responsible for the defect or any action regarding the defect.

When the seller told the buyer about the issue with his back patio (it shouldn't be a patio), the buyer should have done something about it. Maybe the buyer should have gone to the city planning office and requested a change in the zoning permit.

6 0

2 years ago