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Firdavs [7]
3 years ago
8

On 12/31/X4, Zoom, LLC, reported a $69,000 loss on its books. The items included in the loss computation were $36,000 in sales r

evenue, $21,000 in qualified dividends, $28,000 in cost of goods sold, $56,000 in charitable contributions, $26,000 in employee wages, and $16,000 of rent expense. How much ordinary business income (loss) will Zoom report on its X4 return
Business
1 answer:
matrenka [14]3 years ago
3 0

Answer:

-$34,000

Explanation:

As per the situation the solution of ordinary business income (loss) is here below:-

Ordinary business income (loss) = Sales revenue - Cost of goods sold - Employee wages - Rent expenses

= $36,000 - $28,000 - $26,000 - $16,000

= -$34,000

Therefore we simply applied the above formula to figure out the net loss that is -$34,000

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How Is productivity determined?
saul85 [17]

Answer:

a. by measuring The relationship to inputs and outputs

Explanation:

Productivity shows the efficiency of generating output using the available inputs. It is measured by dividing the output of a company or a production line by the inputs used. Therefore, productivity shows the relationship between inputs and outputs.

Productivity can also be measured by labor output. In this case, the output is divided by the number of labor hours used.

7 0
3 years ago
The changes in account balances for Elder Company for 2018 are as follows: Assets $ 680,000 debit Common stock 350,000 credit Li
hammer [34]

Answer:

Net income will be $160000

So option (c) will be the correct answer

Explanation:

We have given debt common stock = $680000

Credit liabilities = 350000

Credit paid in capital = 190000

And excess of par 30,000 credit Assuming the only changes in retained earnings

So 680000 = 350000+190000+30000+ retained earning

So retained earning = $110000

Dividend paid = $50000

So net income = dividend paid + retained earning = $110000+$50000 = $160000

So option (c) will be the correct answer

4 0
3 years ago
Why should you compare your check book register with your checkbook balance each month?
svetoff [14.1K]
Answer: b. to adjust for interest earned or fees charged.
8 0
3 years ago
If your team is composed of people from different functional departments (and even outside the organization), what type of team
Alborosie

Answer:

Cross functional team

Explanation:

There are various team types depending on their composition and how they function to meet organisational goals.

The types of teams are functional, cross functional, and work teams.

The cross functional team are made up of individuals from different functional departments and even from outside of the organisation.

This type of team is characterised by people who are experts in their fields. Therefore they usually make decisions without consulting management.

This type of team maximises coordination between specialised subunits

6 0
3 years ago
Whether the minimum wage is a binding price floor always depends upon whether the economy is in a recession. a. True b. False
murzikaleks [220]

Answer:

false

Explanation:

A price floor is when the government or an agency of the government sets the minimum price of a product. A price floor is binding if it is set above equilibrium price

A country is in a recession when the GDP for 2 consecutive quarters is negative.

A binding price floor depends if it is above or below equilibrium

6 0
3 years ago
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