Answer:
Option (b) is correct.
Explanation:
(a) Net Income:
= Revenues - Expenses
= $77,000 - $48,600
= $ 28,400
(b) Retained earnings :
= Net Income - Dividend
= $ 28,400 - $7,700
= $20,700
(c) Stockholders' Equity:
= Total assets - Total Liabilities
= 185,000 - $105,000
= $80,000
Therefore, the retained earnings at December 31, 2016 were $20,700.
Answer: c) $7,535
Explanation:
The Collection Float refers to the time that it takes for a deposited check to become available to the account owner after the check has been deposited.
The Average amount is calculated thus;
= No. of payments * Clearing days * average value of payment
= 138 * 1.3 * 42
= $7,535
Answer:
The answer is B, D, A, C.
Explanation:
The order to indicate how a malignant tumor may develop is:
b - A single mutation of BRCA1 is inherited.
d - An oncogene forms when DNA mistakes are not corrected.
a - An environmental mutagen such as UV light mutates the p53 gene.
c - Mutation that allows invasion of other tissues develops.
Answer:
The land should be recorded in Clairemont Repair Service’s records at $380,000
Explanation:
According to the historical cost principle, the recording of the fixed assets should be recorded at the purchase price or cost price which is to be shown in the assets side under the balance sheet.
So, according to the question, on February 28, the repair service accepted the seller's counteroffer which means that the land was purchased on February 28 for $380,0000. So, by $380,000 amount, the land would be recorded.
Other costs which are mentioned in the question is ignored.
I got B, C and D.
Let's go through the process of elimination and my explanation for my answers.
First A, with Stem you don't need to work good with customers because you are doing science, math, technology etc. Working good with customers wouldn't need to be a requirement. B. You will need to know how to work in laboratories, especially if you're going to be in science. Science stem usually has laboratories for scientists to do there discoverys on. C. Technology can be another job for stem careers, they can learn how to code and do other technology stuff. That would be a requirement while working for a Technology career in stem. D. Let's say you were working for a science career, you would need to analyze data to get accurate data stets. It would be a skill needed for that. E. Developing Bridges is something that would not be needed to practice or knowing how to do. Yes, Engineering could be a carrer but it would not just be needing to build a Bridge, you would need much more skill than that. F. <u>I want you to give that one a try,</u> that one is a tricky one. Let's find it out together. So, you need to know how to design products for Engineering, right? But is that one of the main skills for working? Find that one out and let me know <u>what you get. </u>
