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mario62 [17]
3 years ago
12

A private, not-for-profit hospital received a donation of medicine from the XYZ Pharmaceutical Company on March 15, 20X9. The co

st of the medicine to the company was $66,000, and its market value was $90,000. Twenty percent of the medicine was used by the hospital during the year ended June 30, 20X9. On the hospital's statement of operations for the year ended June 30, 20X9, the contribution of medicine would increase operating revenues by what amount?
Business
1 answer:
jeka57 [31]3 years ago
5 0

Answer:

$90,000

Explanation:

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Wolverine Company financial statements included the effects of these errors: Reported Net Income for Year 1 was $20,000. Reporte
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Answer:

Net income year 2 = $21,300

Explanation:

I looked for the missing information and found this:

Year            Depreciation overstated         Prepaid expense omitted

1                              $2,500                                $2,000

2                             $4,000                                $2,700

If your question doesn't include the same values, just adjust the answer.

Year 2's net income = net income (year 2) + overstated depreciation (year 2) + omitted prepaid expenses (year 1) - omitted prepaid expenses (year 2) = $18,000 + $4,000 + $2,000 - $2,700 = $21,300

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3 years ago
Always pay attention to your_______ markings and make every attempt to keep all of your wheels on the road surface.
steposvetlana [31]

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Road and markings are conceived of as horizontal traffic signs in various countries and territories (France, Italy, Czechia, Slovakia, and so on), as opposed to vertical traffic signs placed on posts.

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8 0
1 year ago
If Nike and Adidas merge, it would be a<br> merger
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If Nike and Adidas merge, it would be a horizontal merger

<h3>What is a merger?</h3>

A merger can be described as the absorption of one firm by another firm. When a merger occurs, one of the firms involved in the merger ceases to exist. Only one firm would exist.

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An horizontal merger occurs between firms in the same industry. The firms are usually competitors.

Reasons for an horizontal merger include:

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To learn more about mergers, please check: brainly.com/question/1086715

3 0
2 years ago
How makes emerging technology happen​
Law Incorporation [45]
Relatively fast growth, coherence, prominent impact, and uncertainty and ambiguity.
3 0
2 years ago
​Isabellas, Inc., a local convenience​ store, sells soft drinks. It sells two large drinks for every small drink. A large drink
rjkz [21]

Answer:

Weighted average contribution margin= $1.85

Explanation:

Giving the following information:

It sells two large drinks for every small drink. A large drink sells for $3.00 with a variable cost of $ 0.60. A small drink sells for $ 1.25 with a variable cost of $ 0.50.

To calculate the weighted average contribution margin, we need to use the following formula:

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Sales proportion:

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Weighted average contribution margin= 2.4225 - 0.567

Weighted average contribution margin= $1.85

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