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kvasek [131]
4 years ago
15

his information relates to Sunland Company for the year 2022. Retained earnings, January 1, 2022 $77,700 Advertising expense 2,0

80 Dividends 6,960 Rent expense 12,000 Service revenue 67,280 Utilities expense 2,900 Salaries and wages expense 34,800
Business
1 answer:
Afina-wow [57]4 years ago
7 0

Answer:

Explanation:

Preparation of the income statement for Sunland Company ending December 31, 2022 is presented below:

                                           Sunland Company

                                           Income statement  

Revenue  

Service revenue $67,280

Total revenues $67,280 (A)

Less: Expenses

Advertising expense $2,080

Rent expense $12,000

Utilities expense 2,900

Salaries and wages expense 34,800

Total expenses $57,780 (B)

Net income $15,500 (A- B)

Simply we deduct the total expenses from the total revenues so that the net income could arrive

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Answer:

Explanation:

A fear approach is meant to scare people and make them aware that they are only human and that bad things can happen. This would push them towards buying the insurance package. A humorous approach would focus more and a funny message of why it is important. This change would be targetting the same audience but with a completely opposite message which may not reach people the same way, especially if those individuals do not like the humor aspect of it and are not longer scared from the previous fear strategy that the company would have had.

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3 years ago
Financial manager at Marshall Manufacturing, Chase is exploring sources of long-term funds to finance the construction of Marsha
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Answer:

A. True

Explanation:

Since Chase wants a long term fund that doesn't require a interest, it can be advisable that Chase uses the company's retained earnings.

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8 0
3 years ago
If a taxpayer sells property for cash, the amount realized consists of the net proceeds from the sale. For each of the following
PilotLPTM [1.2K]

Answer:

a. Is answered

b. The amount realized increases.

As the mortgage is assumed by the buyer, the seller is now free of the debt in addition to making cash from selling. Realized value therefore increases.

c. The amount realized decreases.

As the mortgage is assumed by the seller, they will have to pay off the mortgage from the cash received therefore their realized value decreases.

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The seller accepted the stock so the fair value will be the amount considered for the realized value.

3 0
3 years ago
The past five monthly returns for PG&E are −3.17 percent, 3.88 percent, 3.77 percent, 6.47 percent, and 3.58 percent. Comput
maksim [4K]

Answer:

3.22%

Explanation:

Standard Deviation is the quantity that shows how much a each element of a group differs from the mean of the group on average.  

Standard Deviation of the PG&E's monthly return is 3.22%. All the calculations and workings are done in an MS Excel file, which is attached with this answer, please find it.

Download xlsx
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3 years ago
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Answer:

Any enumeration of business processes should strive for a reasonably detailed outcome, which needs to be aligned with the organization’s specific goals of process management. For most organizations, as a rule of thumb, this will boil down to a dozen to a couple of dozens of business processes. Very large and diversified organizations might be better off with identifying a couple of hundred processes. To illustrate this: Within a multi-national investment firm, which employs close to 3,000 staff and holds assets in the range of € 300 million 120 different business processes have been identified. To each of these business processes a process owner is assigned, who oversees the performance of the process and monitors the achievement of its objectives in terms of customer satisfaction, profitability, and accountability. Detailed process models are kept up-to-date, both as a means for documenting planned changes to any process and for satisfying the requirements of financial authorities. By contrast, for a small medical clinic in the Netherlands, which employs medical specialists, nurses, and administrative staff, 10 different treatment processes have been identified. A few of these have been mapped in the form of process models and are now in the process of being automated with a business process management system. For all other processes, it is sufficient to be aware of the distinctive treatment options they can provide to different patient categories.

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