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
Airida [17]
3 years ago
7

Annapolis Corporation's trial balance included debits to expense accounts of $160,000, credits to revenue accounts of $153,000,

and debits to the Dividends account of $50,000. Based on this information, what is the amount of the company's net income or loss. Enter a loss as a negative number.
Business
1 answer:
joja [24]3 years ago
4 0

Answer:

THere will be a negative loss for (7,000) dollars

Explanation:

The net income will be the result of doing revenues less expenses

The cash dividends are not considered for the calcualtions. they impact retained earnings not the income of the current period.

revenues      153,000

expenses  <u>  (160,000)   </u>

<em>loss                 (7,000)</em>

You might be interested in
In order to be impartial and lawful, a pre- inspection agreement must be
lakkis [162]
A. paid for by the lender. 
<span>B. signed by the real estate agent. </span>
<span>C. used within 30 days </span>
<span>D. negotiable and capable of being altered. </span>

<span>The Standards of Practice published by the American Society of Home Inspectors (ASHI) are quite inclusive and </span>
<span>A. describe the procedures used in a termite inspection. </span>
<span>B. explain that inspectors may never examine heating systems. </span>
<span>C. can be referred to in court, if necessary. </span>
<span>D. list the fees inspectors must charge for their services </span>
<span>(I know for this question it is NOT D.) </span>

<span>Another term for a pre-inspection agreement is </span>
<span>A. standard of practice </span>
<span>B. pre-sale inspection. </span>
<span>C. scope of work. </span>
<span>D. partial inspection. 
hope that helped</span>
8 0
3 years ago
Read 2 more answers
the realized rate of return, or holding period return, is equal to the holding period dollar gain divided by the price at the be
goblinko [34]

The realized rate of return, or holding period return, is equal to the holding period dollar gain divided by the price at the beginning of the period is true.

A holding period is the quantity of time the funding is held via an investor or the duration of the purchase and sale of a security. In an extended function, the preserving duration refers back to the time between an asset's buy and its sale.

Personal equity investments are historically lengthy-term investments with standard preserving durations ranging between 3 and 5 years. Inside this described time period, the fund manager specializes in growing the value of the portfolio organization as a way to promote it at a profit and distribute the proceeds to buyers.

In making an investment, a holding period refers to the time between the purchase of an asset or investment and its sale. Preserving periods be counted because they decide whether or not an investor can pay the short-term or lengthy-time period capital profits tax rate once they promote an investment for a profit.

Learn more about the holding period here brainly.com/question/20383546

#SPJ4

6 0
1 year ago
Bebe Rexha has AGI of $100,000 and makes the following expenditures:
shutvik [7]

Answer:

$31000 will be allowed as expenditure

Explanation:

given data

Wheelchair  = $10,000

Whirlpool bath = $10,000

Maintenance =  $1,000

Increased utility bills =  $1,000

various home modifications = $10,000

solution

as here value of the home increased =  $1000

and that is  increaed utility bill of the whirlpool

so that expenditure will be added to value of asset

so  

total expenditure is = $10000 + $10000 + $10000 + $1000 =  $31000

so $31000 will be allowed as expenditure

7 0
3 years ago
Arrange strategic planning analysis in correct order.
Allushta [10]
I would say
division planning
product planning
business planning
corporate planning
5 0
3 years ago
A company produces a product with the upper specification limit of 22 inches long and the lower specification limit of 18 inches
kotegsom [21]

Answer:

0.83

Explanation:

Given that ;

the upper specification limit USL = 22 inches

the  lower specification limit LSL =  18 inches.

Mean average length \bar X =  19 inches

Standard deviation \sigma  = 0.4 inches

The process capability ratio/index C_{pk= Min[\dfrac{USL - \bar X}{3(\sigma)}, \dfrac{\bar X - LSL}{3( \sigma)}]

C_{pk= Min[\dfrac{22 - 19}{3(0.4)}, \dfrac{19- 18}{3( 0.4)}]\\

C_{pk }= Min[\dfrac{3}{1.2}, \dfrac{1}{1.2}]\\

C_{pk }= Min[2.5  \ ,\ 0.83]\\

The process capability ratio/index = 0.83

8 0
3 years ago
Other questions:
  • A publishing company sponsors a discussion session with seven college instructors who use a specific management textbook. The in
    12·2 answers
  • Classify the given goods according to whether or not they would be included in calculating the GDP for the United States. All go
    14·1 answer
  • North Shore Community College reimburses faculty members $.298 per mile to go to a workshop. Professor Wales submitted her trave
    10·1 answer
  • Which of the following lists contains, in this order, natural resources, physical capital, and human capital?
    10·1 answer
  • Which of these are functions of an entrepreneur?
    14·2 answers
  • Mediflow, a medium-sized medical technology company, has been successful in its research and development, but needs improvement
    5·1 answer
  • A futures contract on a 30 day Eurodollar time deposit is currently selling at an IMM index of 95.75 percent. The IMM index on a
    8·1 answer
  • During the current month, Wacholz Company incurs the following manufacturing costs.
    5·1 answer
  • Olive Enterprises experienced the following events during Year 1: Acquired cash from the issue of common stock. Paid cash to red
    13·1 answer
  • Which of the following assumptions would cause the constant growth stock valuation model to be invalid? The growth rate is zero.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!