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3 years ago

The financial statements for Harold Corporation contained the following information:

Business

1 answer:

vagabundo [1.1K]3 years ago

7 0

Answer:

so net income is $45000

Explanation:

given data

Accounts receivable = $5000

Sales revenue = 75000

Cash = 15000

Salaries and wages expense = 20000

Rent expense = 10000

to find out

net income

solution

we will find net income by the given expression as

net income = Sales revenue - Rent expense - Salaries and wages expense .......................1

put here all these value in equation 1 we get net income

net income = 75000 - 10000 - 20000

net income = 45000

so net income is $45000

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3 years ago

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2 years ago

Why might you complete a 1040 instead of a 1040EZ

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3 years ago

Read 2 more answers

Government survey takers determine that typical family expenditures each month in the year designated as the base year are as fo

valentina_108 [34]

Answer:

CPI = NEW PRICE / OLD PRICE = 776 / 760 = 1.02

INFLATION = CPI / OLD PRICE x 100 = 1.02 / 760 x 100 = 0.13%

Explanation:

Government survey takers determine that typical family expenditures each month in the year designated as the base year are as follows:

• 25 pizzas, $10 each •

Apartment rent, $600 per month

• Gasoline and car maintenance, $100 per month

• Phone service (basic service plus 10 long-distance calls), $50 per month In the year following the base year,

the survey takers determine that pizzas have risen to $11 each, apartment rent is $610, gasoline and maintenance costs are $115, and phone service has dropped in price to $40.a. Find the CPI in the subsequent year and the rate of inflation between the base year and the subsequent year.

ITEM OLD PRICE NEW PRICE

pizzas, $10 $11

Apartment rent, $600 $610

Gasoline $100 $115

Phone service $50 $40

TOTAL. 760 776

CPI = NEW PRICE / OLD PRICE = 776 / 760 = 1.02

INFLATION = CPI / OLD PRICE x 100 = 1.02 / 760 x 100 = 0.13%

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3 years ago

Kansamb Residential School, a school run by Christian missionaries, does not recruit teaching staff who practice other religions

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Answer:

d. disparate treatment

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Based on the information provided within the question it seems that this scenario best illustrates disparate treatment. This refers to discriminating a potential employee based on any protected characteristic (age, disability, gender reassignment, race, religion or belief, sex, sexual orientation, marriage) even though they are just as suited or qualified as any other candidate or employee.

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3 years ago