Answer:
Net operating income $15,000
Explanation:
Flagger Company
Income statement for the year ended , 31 December
Fee earned
165,000
Less : Operating expenses
Salaries and wages 40,000
Rent expense. 51,000
(91,000)
Gross profit.
74,000
Less: Selling expense.
(44,000)
Profit before interest and tax.
30,000
Less interest expense.
(18,000)
12,000
Add: Interest income.
3,000
Net operating income.
15,000
Starting a business out of necessity reffers to making a decision based on specific criteria that has an affect on a certain number of people. In this situation, a person is making the decision they feel is best based on information collected and parts of an oganization that needs to be changed. It's imparative to do your research and decided what and why things need to change and the best way to acheive success in doing so.
It <span>would indicate the amount Expired.
Prepaid rent is a type of rent expense that you paid up-front for the future use.
In accounting, adjustment is made towards prepaid rent at the end of the year in order to find the true value ofremaining prepaid rent.
This value is being calculated by finding the fees of the rent per month and reducing it with the total by the end of the year</span>
Answer:
d. $896,000.
Explanation:
The computation of the carrying value of the bond is shown below:
The amount after excluding the interest part is
= $936,000 - $16,000
= $920,000
The premium amount is
= $920,000 - 800 × $1,000
= $920,000 - $800,000
= $120,000
Now the premium amortizaton is
= $120,000 × 15 ÷ 75
= $24,000
So, the carrying value is
= $920,000 - $24,000
= $896,000
hence, the correct option is d. $896,000
Answer:
Disobedience of the law or it may be ignorance
Explanation:
It may be that the kids didnt see the sign or it might be ignorance
