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3 years ago

Career fulfillment means

Business

1 answer:

ANTONII [103]3 years ago

6 0

Answer:

enjoying your work and being well compensated

Explanation:

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To calculate your return on a stock: If you bought a stock at $80 and earned a $3.00 dividend over the year and at the end of th

grandymaker [24]

New value: $87
new-orig= $7
7/80= 0.0875=87.5%

7 0

3 years ago

Pretax accounting income for the year ended December 31, 2021, was $53 million for Truffles Company. Truffles' taxable income wa

Anuta_ua [19.1K]

Answer:

$17,820,000

Explanation:

The amount of tax due to government authorities for the current period is referred to as current portion of income tax expense. It is calculated by product of current or enacted tax rate and taxable income for the period

Taxable income for 2021 = $66million

Enacted or current tax rate for 2021 = 27%

Current portion of income tax expense for 2021 = Taxable income x current tax rate = $66 million x 27% = $17,820,000million

Hence Current portion of income tax expense = $18 million

4 0

3 years ago

In 2005, Cobb adopted the dollar-value LIFO inventory method. At that time, Cobb's ending inventory had a base-year cost and an

kherson [118]

Answer:

$410,000

Explanation:

The computation of the ending inventory under the LIFO method is shown below:

= Year end cost + difference of amount × price level index

where,

Year end cost = Beginning cost

Difference of amount = $400,000 - $300,000 = $100,000

Price level index = $440,000 ÷ $400,000 = 1.1

So, the inventory cost is

= $300,000 + $100,000 × 1.1

= $300,000 + $110,000

= $410,000

6 0

3 years ago

Jones Company collected the following information to prepare its August bank reconciliation: Cash balance per books, August 31,

weqwewe [10]

Answer:

Adjusted cash balance as per books = $11,100

Explanation:

Given Cash balance as per books = $9,400

Add: Deposits in transit that is deducted by us but not added by bank thus added = $9,400 + $1,100 = $10,500

Add: Notes Receivables collected by bank but not added in books = $10,500 + $2,500 = $13,000

Less: Bank Service Charges as not deducted in books = $13,000 - $50 = $12,950

Less: Outstanding Checks as yet not cleared = $12,950 - $1,450 = $11,500

Less: NSF check as not received by bank = $11,500 - $400 = $11,100

Adjusted cash balance as per books = $11,100

7 0

3 years ago

Garnett Co. shipped inventory on consignment to Hart Co. that originally cost $50,000. Hart paid $1,200 for advertising that was

Yuki888 [10]

Answer:

The answer is: Garnett Co.'s net income is $7,600

Explanation:

To determine the net income we must first calculate the cost of goods sold and the commissions paid:

COGS = $50,000 x 40% = $20,000
Commissions = $32,000 x 10% = $3,200

Now we can elaborate the following income statement for Garnett Co.

Total sales $32,000

COGS ($20,000)

Commissions ($3,200)

<u>Advertising expense ($1,200) </u>

Net income $7,600

8 0

3 years ago