Answer: $85,000
Explanation:
Drawings are debited/deducted from the Equity account to reflect that the owner's holdings in the business has reduced.
Profit is added to the Equity account in the form of Retained Earnings.
The closing Balance on Equity is;
Closing Balance = Opening Balance + Profit - Drawings
Profit = Closing Balance - Opening Balance + Drawings
Profit = 175,000 - 120,000 + 30,000
Profit = $85,000
Answer:
$161,400
Explanation:
<u>Cash collection calculation</u>
December cash sales ($160,000*30%) = $48,000
<u>Credit sales</u>
December: (160000*70%*50%) = $56,000
November: (180000*70%*30%) = $37,800
October: (140,000*70%*20%) = <u>$19,600</u>
Total cash collections <u>$161,400</u>
The answer is A the first path is a worker in energy generation, followed by energy transmission, and the final passage is energy distribution.
<h2>
Further Explanation:</h2>
The career pathways are a set of profession step in professional work. The path for people who work in energy-related practice is started.
1. Energy generation: The energy such as electrical power comes from the various resource, it could be from the solar panel, gas, or old fossil electrical plant. The career here can be an engineer, the researcher.
2. Energy transmission: Transmission in electrical power is a process from the resource of where the electricity is generated into the final destination where the power is distributed.
3. Energy distribution: The distribution is the last passage where the energy is distributed to the micro organization such as household, firm, supermarket, and many others.
<h2>
Details</h2>
Material : Business
Sub chapter : Career pathways
<h2>
Know more </h2>
How the energy is transmitted brainly.com/question/11548873
Answer:
Corporate cultures can hinder individuals in making the "right" decisions.-c.
Answer:
a. Beck Inc. = 5.00 and Bryant Inc. = 2.50
b. Beck Inc. = $100,000 and 100% : Bryant Inc. = $150,000 and 50 %
c. True.
Explanation:
Degree of Operating Leverage shows, the times Earnings Before Interest and Tax (EBIT) would change as a result of a change in Sales contribution.
Degree of Operating Leverage = Contribution ÷ EBIT
Thus,
Beck Inc = $500,000 ÷ $100,000
= 5.00
Bryant Inc. = $750,000 ÷ $300,000
= 2.50
<em>If Sales increased by 20% the effects on Incomes would be :</em>
Beck Inc = 20% × 5.00
= 100%
= $100,000 × 100%
= $100,000
Bryant Inc.= 20% × 2.50
= 50 %
= $300,000 × 50 %
= $150,000
