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3 years ago

For product costs associated with a particular product to be reported on the income statement:

Business

1 answer:

RUDIKE [14]3 years ago

6 0

Answer:

a. The product must be sold

Explanation:

Total revenue and total expenses are recorded in the income statement.

If the total income exceeds than the total expenditure then the company earns net income And if the total income is less than the total expenditure then the company has a net loss.

The product includes direct material cost, direct labor cost ,and the manufacturing overhead cost. If the product cost is not sold then it is shown in the asset side of the balance sheet as an inventory

And, if the product is sold, the same is subtracted from the cost of goods sold and shown in the income statement

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Murphy's, Inc. has 10,000 shares of stock outstanding with a par value of $1.00 per share. The market value is $8 per share. The

EleoNora [17]

Answer:

option B is correct

market price per share be after the dividend is $7.27

Explanation:

Given data

share = 10000

stock value = $1.00 per share

market value = $8 per share

capital in excess = $32,500

common stock account = $10,000

retained earnings account = $42,700

stock dividend = 10%

to find out

market price

solution

we will find here market price / share that is given here formula

Market price is = ( share × market value) ÷ ( share × 1.10)

put here all these value we get

Market price = ( 10000 × 8 ) ÷ (10000 × 1.10)

market price = 80000 ÷ 11,000

so market price = 7.27

hence option B is correct

market price per share be after the dividend is $7.27

4 0

3 years ago

10 percent partner in a partnership that incurred a $4 million business loss this year. Jahlil has no other business activities.

sashaice [31]

Answer:

$250,000 and $500,000

Explanation:

According to the tax laws there is annual limit on Loss deductions relating the amount of business loss that can be deducted in a year.

The law states that single or individual tax payers can deduct nothing more than $250,000 while married taxpayers who are filing jointly can deduct up to $500,000 per year of their business losses.

Therefore, if Jahlil is single the amount of partnership loss he can deduct is $250,000 but if he is married filing jointly, he can deduct $500,000

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3 years ago

If an investment adviser representative transacting business in a state terminates employment with a state registered investment

Aleksandr [31]

Answer:

Explanation:

If an investment adviser representative transacting business in a state terminates employment with a state registered investment adviser, both the representative and the investment adviser must notify the Administrator promptly.

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3 years ago

When McDonald's offers healthy menu items in hopes of avoiding competition with Wendy's and Burger King, it uses ________ positi

antoniya [11.8K]

McDonald's offering a healthy menu to avoid competition is referred to as differentiation positioning.

<h3>What is Differentiation positioning?</h3>

This is strategy adopted by companies in making their products and services very unique and beneficial to the populace.

This being done ensures that they avoid competition and increase sales and profit to ensure continuous running of the business. McDonald offering healthy menu items depicts this type of positioning.

Read more about Differentiation positioning here brainly.com/question/9241331

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2 years ago

Sarah is paid minimum wage as a fast food worker. although she has enough money for food, clothing, and shelter, her wage is sig

Ksivusya [100]

Sarah can best be labeled as living in <u>"relative"</u> poverty.

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3 years ago