All categories

3 years ago

Consider the following account balances of Smiths Corp. at the end of the year:

Business

1 answer:

Tems11 [23]3 years ago

8 0

Answer:

Interest revenue, rent expense and salaries expense

Explanation:

In the income statement, the total revenues and the total expenses are recorded.

If the total revenues are more than the total expenditure then the company earns net income

And, If the total revenues are less than the total expenditure then the company have a net loss

This net income or net loss would reflect in the statement of the retained earning account.

So, the categorization is shown below:

Interest revenue, rent expense and salaries expense

You might be interested in

1) A small firm employs nine workers. The wages it pays to these workers are $200, $220, $280, $300, $310, 320, $330, $350 and $

Stolb23 [73]

solution :

sum of dollar =200+220+280+300+310+320+330+

350+390

Now,

average =total sum of all dollar

total sum of worker

=2370

=263.333#

5 0

2 years ago

Which management viewpoint places emphasis on the importance of understanding human beings and the motivation and encouragement

Basile [38]

<h2>Behavioral view point is pertaining to the motivation and encouragement of employees towards achievements.</h2>

Explanation:

Initially the organization was

concentrating only on the productivity of the employee
lost focus on motivating employees
not providing much "employee-friendly" atmosphere

Later on, the "Behavioral management" theory helped the organization

a shift from Production to leadership based work culture
a good work environment to satisfy the employees
Motivate to achieve good results
Reach both individual and organization's goal
Motivating by providing Increase in the wages

7 0

2 years ago

Oregon Manufacturing Co. purchased a 10-ton draw press at a cost of $171,000 with terms of 3/15, n/45. Payment was made within t

lubasha [3.4K]

Answer:

4200

Explanation:

3 0

2 years ago

How many years are required for an investment to double in value if it is appreciating at the rate of 9% compounded continuous

Vesna [10]

Answer:

time required is 7.70 years

Explanation:

given data

interest rate = 9%

solution

we know with the compounded continuously rate r and time t amount is

A(t) = A(o) $e^{rt}$ .................1

and we have given amount is double so

A(t) = 2 A(o)

so from equation 1 put the value and we get here

2 A(o) = A(o) $e^{rt}$

ln(2) = 0.09 t

solve it we get time

time t = 7.70 years

so time required is 7.70 years

7 0

3 years ago

The Allied Corporation analyzes a project that requires an immediate investment of $440. Allied estimates that at the end of the

olga_2 [115]

Answer:

NPV = $100.4002 rounded off to $100.40

Explanation:

The NPV or net present value is the present value of a project or business's cash flows which are calculated by deducting the cash outflows from the cash inflows. NPV is a tool or criteria used for investment and project appraisal. The NPV can be calculated as follows,

NPV = CF1 / (1+r) + CF2 / (1+r)^2 + .... + CFn / (1+r)^n - Initial Outlay

Where,

CF1, CF2, ... represents the cash flows in Year 1, Year 2 and so on.
r represents the discount rate

NPV = 660 / (1+0.075) + [ -85 / (1+0.075)^2] - 440

NPV = $100.4002 rounded off to $100.40

8 0

2 years ago