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
mrs_skeptik [129]
3 years ago
11

The following items were among those reported on Lee Co.'s Income Statement for the year ended December 31, 20x5:

Business
1 answer:
coldgirl [10]3 years ago
4 0

Answer:

C.  $410,000

Explanation:

Administrative and general expenses in Lee's multiple - step income statement is $410,000

i.e  the Legal and audit fees $170,000 and Rent for office space $240,000 which will amount to $410,000

Note:   General and Administrative expenses are incurred in the day-to-day operations of a business and are not  tied to a specific function or department within the  organisation.

You might be interested in
Neolithic people practiced metallurgy.
Alika [10]

Answer:

the answer is D

Explanation:

6 0
3 years ago
Read 2 more answers
List one unprofessional and one unprofessional example for speech habits
MAVERICK [17]

Answer:

one example of unprofessional speech habit is slouching or fidgeting while talking to your audience and one professional example is making eye contact with your audience

Explanation:

8 0
2 years ago
Q: What determines the balance of production and consumption?
ANTONII [103]
Resources is referred to as the available asset that can be used for further purposes may it be for business or consumption. This is what determines the balance between the production and consumption for without these, production would not be possible and if nothing is produced, nothing would also be consumed. Resources come in different forms and each has its own availability. Answer for this would be C.
6 0
4 years ago
Portfolio management matrices are applied to what level of strategy?.
bazaltina [42]

Answer:

Portfolio managers oversee a collection of projects, programs and other activities that are grouped together to meet strategic business objectives. The practice of portfolio management is integral to the implementation of your organization’s overall strategic plan.

Explanation:

3 0
3 years ago
Review the following statements and select the ones which accurately describe a Petty Cash fund. Select all answers which apply.
marissa [1.9K]

Answer:

The correct options are:

  • A. It is used to avoid the time and cost of writing checks for small amounts.
  • C. It is established to pay for small payments like postage, shipping fees, etc.
  • E. It is an asset reported on the balance sheet.

Explanation:

A Petty Cash Fund is a small amount of money that is kept on hand to be used in covering for the making of purchases that are too small to bother to write a check. Money from the petty cash fund can be used to pay for minor expenses such as postage, cab fares, shipping fees or office supplies.

Petty cash fund appears in the balance sheet on the current assets section. This is because line items in the balance sheet are sorted according to their order of liquidity. Since petty cash is highly liquid, it always appears near the top of the balance sheet.

7 0
4 years ago
Other questions:
  • What name is given to the principal means of controlling the availability and cost of financial resources?
    8·1 answer
  • On July 1 the Fisher Shoe Store paid $24,000 to Acme Realty for 6 months rent beginning July 1. Prepaid Rent was increased for t
    6·1 answer
  • For america, the ________ was a great failure of foreign intelligence, a great tactical military success, and a great political
    14·1 answer
  • The following transactions are July activities of Bennett’s Bowling, Inc. Bennett’s collected $13,100 from customers for games p
    7·1 answer
  • 4. Leon is catering a luncheon. He is only supplying the food. What kind of catering service is he providing? A. Social B. Corpo
    5·1 answer
  • Suppose that the demand for loanable funds for car loans in the milwaukee area is $10 million per month at an interest rate of 1
    14·1 answer
  • Paper Clip Company sells office supplies. The following information summarizes the​ company's operating activities for the​ year
    6·1 answer
  • Mrs. Jones offers a reward for the return of her dog Fifi and puts posters advertising the reward all over her neighborhood. Mr.
    10·1 answer
  • A department using the FIFO method for process costing begins the month with 10,000 units which were 70% complete at the end of
    15·1 answer
  • What is marketing management?why is it important?​
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!