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3 years ago

In accounting What is revenue

2 answers:

8 0

Fess earned from providing services and the aumounts of merhandise sold. hope this is the right awser and I love to help you anytime

Anarel [89]3 years ago

4 0

Answer:

Revenue Is The Flows Into Your Company Also Known As Income .

Explanation:

This includes money that you receive from sales of your product or service, and any other money you receive, such as selling advertising space on your Web site.

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Olinick Corporation is considering a project that would require an investment of $304,000 and would last for 8 years. The increm

Lunna [17]

Answer:

2 years and 5 months

Explanation:

304,000 Investment

+86,000 operating income

+ 38,000 depreciaton (non-cash expense)

124,000 cash flow per year

Note: The non-cash expense should be excluded from the calculaton of the payback period.

$\frac{Investment}{cash-flow} = payback$

304,000/124,000 = 2.451612903 years

0.451612903 x 12 = 5.419354839

2 years and 5 months

3 0

4 years ago

Gatwick Ltd. has after tax profits (net income) of $500,000 and no debt. The owners have a $6 million investment in the business

Ugo [173]

Answer:

Return on equity would increase from 8.33% to 9.50%

Explanation:

The tax rate of 40% is missing from the question.

Return on equity prior to share repurchase=$500,000/$6,000,000

Return on equity prior to share repurchase=8.33%

With the issue of debt finance of $2,000,000, the after-tax interest expense is computed thus:

after-tax interest expense=$2,000,000*10%*(1-40%)=120000

adjusted net income=$500,000-$120,000=$380,000

new common stock=$6,000,000-$2,000,000=$4,000,000

adjusted return on equity=$380,000/$4,000,000=9.50%

8 0

3 years ago

Please join my zoom i am bored

julia-pushkina [17]

Answer:

whats the code???....

3 0

4 years ago

Read 2 more answers

Brief Exercise 10-18 Presented below is the partial bond discount amortization schedule for Whispering Winds Corp., which uses t

Anettt [7]

Answer:

interest expense 74,250 debit

discount on bonds payable 3,350 credit

cash 70,900 credit

Explanation:

Adjustment to a better display of the data:

Paid Expense Amortization Unarmotized Carrying Value

Issue Date 67,991‬ 1,356,709

1 70,900 74,250 3,350 64,641 1,353,359

2 70,900 74,435 3,535 61,106 1,349,824

To record the payment of interest and discount we will debit the interst expense

and credit the cash given along with the discount on Bonds Payble for the difference

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4 years ago

…consider all the surplus revenues with come to him simply as trust funds, which he is called upon to administer… in a manner wh

klio [65]

This reflects the philosophy of Andrew Carnegie.
He was a famous businessman, who is actually even now considered to be one of the richest people ever. However, he was a philanthropist as well, having donated over $350 million to various charities. The sentence above was his philosophy.

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3 years ago