Answer:
Net income of the company accounted for $400,000
Explanation:
Net income is the income or the amount of residual income from the earnings after deducting all the expense or cost from the sales.
The net income or loss of the company accounted for is computed as:
Net Income or Loss = Net Income - Research and Development cost
where
Net Income amounts to $3,400,000
Research and Development cost amounts to $3,000,000
So, putting the values above:
Net Income or loss = $3,400,000 - $3,000,000
Net Income = $400,000
Answer:
$33,900 (none of the options given in the question are correct).
Explanation:
George's adjusted gross income (AGI) will include his personal earnings from his salary, the interest that he has earned from savings, and the dividends that he got from mutual funds, but it will not include his contribution to his individual retirement account, because individual retirement accounts are not included in AGI.
Therefore, George's AGI is equal to:
$34,000 + $800 + $600 - $1,500 = $33.900
<h2>Sebastian is employing <u>Goal setting</u> as a mechanism of career management.</h2>
Explanation:
<u>Goal setting:</u>
- Serve as a base for "Human resource Planning"
- It is proven that those employees who have goal setting will show good performance on their job.
- This will directly or indirectly promote the organization
- We can achieve organizational goals too
- Goal setting techniques are used by successful people around the world
- This might even be a favorite interview questions because the HR can understand how effective the employee would be for the organization.
Answer:
$20,000 loss
Explanation:
Repurchase of bond = Repurchase price - Carrying value
Repurchase of bond = ($400,000*105%) - $400,000
Repurchase of bond = $420,000 - $400,000
Repurchase of bond = $20,000 loss
Thus, the loss on the repurchase of the bond is $20,000