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3 years ago

Net income is shown on the end-of-period spreadsheet in the Income Statement debit column and the Balance Sheet credit column.

Business

1 answer:

enyata [817]3 years ago

8 0

Answer:

True

Explanation:

It is True because net income is shown in the Balance sheet as a credit account as it increases the revenues and as a debit column in the Income Statement of the end-of-period spreadsheet.

This entry is reversed for the net loss. It would be shown as a debit column in the Balance Sheet ( indicating an expense/ a loss) and as a credit column in the income statement.

The net income is shown as a debit column in the Income Statement of the end-of-period spreadsheet indicating that the credits ( revenues) are more than the debits ( expenses) and we get the balance of the income after deducting the expenses from the revenues. It is entered above the debit totals.

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Roshannon Corporation uses activity-based costing to compute product margins. In the first stage, the activity-based costing sys

Rina8888 [55]

Answer:

Im figuring this out for you!

Explanation:

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3 years ago

In this type of economy, the price consumers pay for goods and services is set by the government.

tatiyna

It is a controlled economy

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3 years ago

Holtzman Clothiers's stock currently sells for $31.00 a share. It just paid a dividend of $1.00 a share (i.e., D0 = $1.00). The

Llana [10]

Answer:

1. Year 1 expected value = $32.24

2. Required rate of return = 7.35%

Explanation:

1. For computing the stock price which is expected 1 year from now is shown below:

= Current Price × (1+rate)^number of years

= $31 × (1+0.04)^1

= $31 × 1.04

= $32.24

Hence, the expected 1 year value of stock price is $32.24

2. The required rate of return is computed by using an formula which is shown below:

= (Current Year dividend ÷ Current stock price)+ growth rate

where,

current year dividend is = D1

And, D1 = DO × (1+g)

where,

DO = previous dividend share

g = growth rate

So, $1 × (1+0.04)

= $1 × 1.04

= $1.04

Now apply these values to the above formula

So, required rate of return is equals to

= ($1.04 ÷ $31) + 0.04

= 7.35%

Hence, the required rate of return is 7.35%

5 0

3 years ago

Suggest any 5 methods by which the condition of technical education can be improved

MrMuchimi

Answer:

Acknowledge and address overcrowding.

Make funding schools a priority.

Address the school-to-prison pipeline.

Raise standards for teachers.

Put classroom-running and curriculum-building decisions in the hands of the community.

Explanation:

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assisted projects aimed at improving technical and vocational education. Introduction ... priorities as defined by aid recipients (see, for example, Gray &.

Technical education is a term applied to schools, institutions, and educational programs that specialize in the skilled trades, applied sciences, modern technologies.

5 0

2 years ago

Carlisle Transport had $4,716 cash at the beginning of the period. During the period, the firm collected $1,517 in receivables,

Gnesinka [82]

Answer:

the cash balance at the end of the period is $3,551

Explanation:

The computation of the cash balance at the end of the period is shown below:

= Cash Balance at beginning of the period + received from receivables - paid to suppliers- cash expenses

= $4,716 + $1,517 - $2,182 - $500

= $3,551

Hence, the cash balance at the end of the period is $3,551

The above formula should be used for the same

4 0

3 years ago