3 years ago

The amount of earnings left after taxes and other deductions are taken out is what

Business

1 answer:

Bumek [7]3 years ago

5 0

Gross Net Income ✌hope this helps because i just had to ask my business teacher on the phone

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Omega Company makes and sells jungle gyms and tree houses for children. For jungle gyms, the price is $150 and the variable expe

Whitepunk [10]

Answer:

b 5:3

Explanation:

Jungle gym sales unit : tree sales unit

10,000 : 6,000

10,000 / 6000

= 5/3

=5:3

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2 years ago

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Other things the same, when the government spends more, the initial effect is that a. aggregate demand shifts right. b. aggregat

tatyana61 [14]

Answer: Option (a) is correct.

Explanation:

Correct option: Aggregate demand shifts right.

Aggregate demand = consumption + government spending + Investment + Net Exports

Other things remains constant, if there is an increase in the government spending, as a result aggregate demand curve shifts rightwards. This will lead to increase the price level and level of output.

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2 years ago

Q 9.37: when should the gross profit method of inventory valuation not be used because it is invalid?

rusak2 [61]

At the end of given period the gross profit method is required to estimate inventory.The valuation become invalid when the following are not available.the value for the beginning of inventory,records of purchase made, the total sale during the period and the gross profit margin.

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2 years ago

Here is the ledger for Blossom Company.

Alex777 [14]

Answer:

1/Oct : Cash (Dr.) $8,660

Accounts Receivable (Cr.) $8,660

10/Oct : Equipment & Supplies (Dr.) $9,660

Notes Payable (Cr.) $9,660

20/Oct : Accounts Receivable (Dr.) $2,640

Service Revenue (Cr.) $2,640

Explanation:

Debits $16,960

Cash 6,600

Accounts Receivable 1,840

Supplies 1,840

Equipment 4,660

Dividend 2,020

Credits : $16960

Accounts Payable 4,660

Notes Payable 9,660

Service Revenue 2,640

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2 years ago

The following information applies to questions 9 and 10. Company AB Sales $100,000 $100,000 Variable cost 60,000 40,000 Contribu

Yuki888 [10]

Answer:

D) $36,000

Explanation:

Company Current After Increase Change

Sales $100,000 $140,000 +40,000

Variable cost $60,000 $84,000 +24,000

Contribution margin $40,000 $56,000 +16,000

Fixed expenses $20,000 $20,000 +0

Operating income $20,000 $36,000 +16,000

The Increase in Operating Income will be = $36,000 as our final answer

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2 years ago

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