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3 years ago

Doing taxes, taking people's blood pressure, and using video editing software are examples of _______ skills.

1 answer:

8 0

Doing taxes, taking people's blood pressure, and using video editing software are examples of programming skills. Program provides a means for us to interact with an use the computer, even if we lack specialized programming skills There are software available to help us to do different tasks.

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Treasury stock is:

VashaNatasha [74]

Answer:

a. Common stock acquired by the company in the open market & recorded as negative equity

Explanation:

A stock which is buy back from the market at market rate issued by the company. It reduces the total outstanding shares of the company. It is the difference of Number of share issued and Number of share outstanding. Its account is consider as contra equity account. So the correct option is a. Common stock acquired by the company in the open market & recorded as negative equity.

7 0

2 years ago

Read 2 more answers

The entry to record the issuance of a note receivable is ______. Multiple choice question. debit Notes Receivable and credit Cas

nlexa [21]

The entry to record the issuance of a note receivable is debit Notes Receivable and credit Cash.

<h3>What is Note Receivable ?</h3>

A note receivable is an asset account tied to an underlying promissory note, which details in writing the payment terms for a purchase between a “payee” (typically a company, and sometimes called a creditor) and the “maker” of the note (usually a customer or employee, and sometimes called a debtor).

The journal entry for interest on a note receivable is to debit the interest income account and credit the cash account.

Notes receivable are a balance sheet item that records the value of promissory notes that a business is owed and should receive payment for. A written promissory note gives the holder, or bearer, the right to receive the amount outlined in the legal agreement.

Learn more about Note Receivable on:

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5 0

2 years ago

The trial balance of Sheridan Company at the end of its fiscal year, August 31, 2017, includes these accounts:

Natalija [7]

Answer:

The answer is $229,200

Explanation:

Cost of sales equals:

Beginning inventory plus purchases minus ending inventory.

Beginning inventory is $23,570

Purchases(net Purchase) is

Purchases $224,020

Add: Freight-In. $9,770

Minus: Purchase Returns. and Allowances. ($5,460)

Net Purchase:. $228,330

ending inventory is $22,700.

Therefore, cost of goods sold is:

$23,570 + $228,330 - $22,700

=$229,200

6 0

3 years ago

A project has an initial cost of $31,800 and a market value of $29,600. What is the difference between these two values called

Kazeer [188]

Answer:

Net present value

Explanation:

Below is the given values:

Net present value is the correct answer.

Initial cost of the project = $31800

Market value of the project = $29600

The difference between these two are = 31800 - 29600 = $2200

Net present value shows that the present value of cash inflows minus cash outflows. Moreover, the present value comes by discounting the cash flows at an applicable discount rate.

5 0

2 years ago

Rica Company is a priceminustaker and uses a targetminuspricing approach. Refer to the following information: Production volume

snow_tiger [21]

Answer:

$ 15,836,000

Explanation:

Given:

Production volume = 602,000 units

Market Price per unit = $ 30

Desired operating income = 16% of the total assets

Total assets = $ 13,900,000

Thus,

Desired operating income = 0.16 × $ 13,900,000 = $ 2,224,000

Now,

the desired profit = Total sales - Total income

Desired profit = (Production volume × Market Price per unit ) - Total income

on substituting the respective values, we have

Desired profit = (602,000 × $ 30) - $ 2,224,000

Desired profit = $ 18,060,000 - $ 2,224,000

Desired profit = $ 15,836,000

7 0

3 years ago