Answer:
the income earned is $39,900
Explanation:
The computation of the income earned is shown below:
As we know that
Margin (%) = Income earned ÷ Sales revenue
Therefore,
Income earned = Additional sales Margin percentage
= $570,000 × 7%
= $39,900
hence, the income earned is $39,900
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:A contract for debentures.
Explanation:UCC( uniform commercial code) is code system which governs commercial activities in the United States of America. It was established in the year 1957,this code has been adopted by all the States,the district of Columbia and all the territories of the United States of America. It is aimed at Ensuring harmony in practice of sales,contracts and other trade and commercial activities with the United States of America.
The contract for debentures are not governed by UCC.
Answer:
1. Form 8-K : A unique or significant happening.
2. Form 10-K: Annual information required by Regulation S-X.
3. Form 8-K: Changes in control of the registrant.
4. Form 10-Q: Interim financial statements.
5. Not required: Fourth quarter income statement.
6. Form 8-K: Bankruptcy.
7. Form 10-K: Annual information required by Regulation S-K.
8. Form 10-Q: Income statement for the current quarter, year-to-date, and comparative periods in the previous year.
9. Not required: Changes in bookkeeping staff.
10. Form 8-K: Changes in the registrant's independent auditor.
Explanation:
The SEC, an acronym for Securities and Exchange Commission was created under the Securities Exchange Act of 1934. The Act empowered the SEC to require registration of securities, security exchanges, and reporting by publicly owned firms.
Some of the forms to be filled as required by the United States of America, Securities and Exchange Commission (SEC) includes;
1. Form 10-K.
2. Form 10-Q.
3. Form 8-K.
When a pizza maker lists the price of a pizza as $10, this is an example of using money as a unit of account
<h3>What is a unit of account?</h3>
A unit of account is a standard numerical unit of money used for measuring goods and services.
According to the question, the price of the pizza is a unit of account because it was used to measure the price of the goods.
Learn more on unit of account here; brainly.com/question/12730352
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