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vodka [1.7K]
3 years ago
15

A small business has leased office space for $10,000 per year. It cannot get out of that contract. It could sublease the space t

o another business for $14,000 per year.Assuming no other costs, how high would revenues have to be to justify the small business continuing to use the space for itself?a. $4,000b. $10,000c. $14,000d. $24,000
Business
1 answer:
ElenaW [278]3 years ago
6 0

Answer:

The correct answer is D: Revenues= $24000

Explanation:

Giving the following information:

A small business has leased office space for $10,000 per year.

It could sublease the space to another business for $14,000 per year.

How high would revenues have to be to justify the small business continuing to use the space for itself?

The small business has to generate enough income to pay for the $10000 lease and make a profit of $14000.

Revenues= 10000+140000= $24000

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During the month of March, Sunland Company’s employees earned wages of $79,000. Withholdings related to these wages were $6,044
Brilliant_brown [7]

Answer:

The Journal entry is as follows:

On March 31st,

Salaries and Wages Expense A/c Dr. $79,000

To Wages Payable                                              $59,377

To Federal Withholding Payable                        $9,258

To FICA Payable                                                  $6,044

To State Withholding Payable                            $3,827

To Union Dues Payable                                      $494

(To record the salaries and wages expense and salaries and wages payable)

6 0
2 years ago
How would one demonstrate empathy in a problem resolution with a customer if they are prohibited from helping the customer?
Rzqust [24]

Answer and Explanation:

In simple words, empathy refers to the capability to understand and share the feelings for another person. It contains a long way fro building trust and develops a positive relationship.

Now just take an example suppose a person help the client so he would represent the empathy by speaking in soft spoken language so that the confidence and the trust in the company products could be seen. Also it does not permit the person to fulfill the customer demand as per the company policies.

4 0
3 years ago
Johnson Enterprises uses a computer to handle its sales invoices. Lately, business has been so good that it takes an extra 3 hou
azamat

Answer:

The old computer should be replaced since the differential amount of the replacing it with a new computer is $10,000

Explanation:

                                         Old machine      New machine       Differential

                                                                                                   amount

purchase cost                  $0                      ($15,000)               ($15,000)

operating costs year 1     ($24,600)          ($19,600)                $5,000

operating costs year 2    ($24,600)          ($19,600)                $5,000

operating costs year 3    ($24,600)          ($19,600)                $5,000

operating costs year 4    ($24,600)          ($19,600)                $5,000

<u>operating costs year 5    ($24,600)          ($19,600)                $5,000   </u>

TOTAL                              ($123,000)         ($113,000)              $10,000

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Answer:

                                                                                                     

Explanation:

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Enter the following transactions in the cash book of Sudhir &amp; sons
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