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Margaret [11]
3 years ago
13

The following income statement items, arranged in alphabetical order, are taken from the records of Shaw Corporation for the cur

rent year:
Advertising expense $1,374
Interest expense $1,360
Commissions expense 2,271
Interest revenue 1,464
Cost of goods sold 29,214
Rent revenue 6,957
Depreciation expense - office building 2,724
Salaries and wages expense—office 11,582
Income tax expense 1,586
Sales revenue 48,243
Insurance expense - salesperson’s auto 2,141
Supplies expense—office 921


Assume that Shaw Corporation classifies all operating expenses into two categories: (1) selling and (2) general and administrative.

Required:
Prepare a multiple-step income statement for the current year.
Business
1 answer:
Alenkinab [10]3 years ago
8 0

Answer:

so sry idk

Explanation:

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Global aspirants are:
MissTica

Answer:

c. companies that have already developed products for their domestic middle markets and are now seeking to parlay their existing capabilities to serve the external global middle class.

Explanation:

  • The global aspirant companies are those that strive for a globally competitive market with the product that is already developed in the market and use for the domestic middle-income countries. That target the global middle classes and serves to the external global environment of the company and is the key to business products in the society.
5 0
3 years ago
Stephanie is a twelve-year-old who often assists neighbors on weekends by babysitting their children. Calculate the 2013 standar
Delicious77 [7]

Answer:

a) $1,200

b) $1,850

c) $6,200

Explanation:

First ,we are to determine Stephanie's claims based on different circumstances using the 2013 standard deduction

a) Reported $850 earnings from babysitting - claim 1,200

For 2013, the minimum standard deduction is $1,000, hence Stephanie is able to claim the greater of the following two: The minimum standard deduction of $1,000 or her earned income of $850 + $350 which is $1,200. Stephanie can claim $1,200

b) Reported $1500 - Claim $1,850

For 2013, the minimum standard deduction is $1,000, hence Stephanie is able to claim the greater of the following two: The minimum standard deduction of $1,000 or her earned income of $1500+ $350 which is $1,850. Stephanie can claim $1,850

c) reported $6,200 - Claim $6,200

For 2013, the minimum standard deduction is $1,000, hence Stephanie is able to claim the greater of the following two: The minimum standard deduction of $1,000 or her earned income of $6200+ $350 which is $6,550. However, she can only claim $6,200 because as a 2013 the maximum standard deduction for a single person which is her filing status is $6,200

8 0
3 years ago
It is said that kone is embedding intelligence across its supply chain and enables smarter buildings. explain.
alexandr402 [8]

KONE started the next stage of its strategy, Sustainable success with consumers, in January 2021. With innovative intelligent solutions, we will increase the value we provide for clients during the four-year strategy term and further integrate sustainability into all of our activities.

Core goods and services: through connectivity and adaptability, they meet the unique demands of each client for a seamless experience. All goods and services shall be made as cost-effective and environmentally friendly as possible.

In order to provide customers with value in new ways, new customer value solutions are being developed and integrated with existing core products and services.

Smart and sustainable cities: become the go-to partner for the construction of smart and sustainable cities.

In this extremely fragmented and fast-growing economy, the service industry in China is becoming the undisputed market leader.

Core values and concepts form the foundation of our culture. We never err on the side of our core values. They consist of sustainability, quality, and safety. The core of our culture is comprised of our values, which stand for the attitudes and actions that KONE wants to encourage.

To learn more about Kone from the given link.

brainly.com/question/27007848

#SPJ4

8 0
1 year ago
As an upper-level manager for IBM, Danny is one of many people responsible for allocating organizational resources in order to a
kykrilka [37]

Answer:

informational

Explanation:

Based on the scenario being described within the question it can be said that Danny is mainly responsible for informational resources. This refers to any and all types of data, which in this case mainly pertains towards consumer preferences. Danny's responsibilities include gathering, analyzing, managing, organizing, storing, and distributing informational data.

3 0
3 years ago
A characteristic of centrally planned economies is that:
photoshop1234 [79]

Answer:

The correct answer is letter "B": the price is relatively unimportant in allocating resources.

Explanation:

Centrally planned economies or command economies are those managed by the government that dictates production quotas and distribution levels and determines prices. Private ownership is null in centrally planned economies since the government is the owner and distributor of land, labor, and capital.

<em>Allocation price is irrelevant when it comes to command economies since only those vital goods such as staples are paid attention.</em>

4 0
3 years ago
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