1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
frozen [14]
3 years ago
6

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
What can a speaker do to ensure that they are respectful of their audience, especially when speaking to a skeptical audience or
ololo11 [35]

ANSWER

Always state the facts pertaining to your speech.  

Always avoid stereotypes during a speech.  

Never bash or be bias.  

Remain objective.  

Have respect for the people and their values as well as beliefs .

Explanation:

8 0
3 years ago
McDonald’s pressed on with the strategic plan of offering all-day breakfast in spite of initial struggles because strategic deci
Elenna [48]

Answer: True

Explanation:

Strategic decisions do indeed take long-term commitment because they are meant to help the company in the long term not the short.

Strategic decisions usually set goals and achieve results in the long term. They are not expected to yield results in the short terms which is why MacDonald's pressed on with the all-day breakfast despite initial challenges.

7 0
2 years ago
After conducting a market research study, Magnificent Manufacturing decided to produce a new interior door to complement its ext
marta [7]

Answer:

Target sales revenue = $7,830,000

Explanation:

given data

target price = $270

annual target sales volume = 29,000

target operating income = 40%

to find out

Target sales revenue

solution

we will get here Target sales revenue that is express as

Target sales revenue =  target price × annual target sales volume   .................1

put here value we get

Target sales revenue = $270 × 29000

Target sales revenue = $7,830,000

6 0
3 years ago
Everyone in the organization has a stake in how information is processed and managed.
Korvikt [17]
This is true. Hope I could help!
7 0
3 years ago
When cisco systems inc. of san jose, california, and tata consultancy services of mumbai, india, entered into their __________,
ser-zykov [4K]
Strategic aliance is collaborative relationship between independent firms. Though this relationship the partnering firms  do not invest in one another, which means <span>do not create an equity partnership</span>
<span>Example is when Cisco systems inc. of San Jose, California, and Tata consultancy services of Mumbai, India, entered into their strategic aliance.  They both continued to develop market-ready infrastructure and network solutions for customers, but they relied on each other to provide the training and skills that one or the other might have lacked.</span>
3 0
3 years ago
Other questions:
  • Marvin Services Corporation had the following accounts and balances: Accounts payable $ 6,000 Accounts receivable 8,000 Cash 7,0
    5·1 answer
  • Both mia and mario produce only the item in which they have a comparative advantage. then they trade one pasta for one pizza. be
    11·2 answers
  • Whitewater Rapids provides canoes to tourists eager to ride Whitewater river's rapids. Management has determined that there is o
    11·1 answer
  • If you're renting a house or apartment, you only need renter's insurance for the first few months.
    5·1 answer
  • Which methods predicts the amount by which the value of a firm will change if a project is accepted?
    8·1 answer
  • Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $45,000. If the
    8·1 answer
  • You are the manager of a monopolistically competitive firm, and your demand and cost functions are given by Q = 36 – 4P and C(Q)
    12·1 answer
  • During 2017, Williamson Company changed from FIFO to weighted-average inventory pricing. Pretax income in 2016 and 2015 (William
    7·1 answer
  • QUESTION 1
    13·1 answer
  • “All cheques are bills but all bills are not cheque” –Explain
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!