The technique recommended by the text to organize an analysis of external strategic factors is called

Rashmi has her own online stationery business, creating greeting cards, thank-you cards, and invitations. When she makes several

mafiozo [28]

Answer:

,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

6 0

3 years ago

The following information is related to Kingbird Company for 2017.

Sati [7]

Answer:

Net income is $2,474,000

Retained earning for the year 2017 is $2,142,000

Retained earnings balance at December 31, 2017 is $3,123,000

Explanation:

A multi-step income statement is an income statement that shows gross profit and the detailed of each category of expenses and incomes to arrive at the net income of a company for a particular period.

This can be prepared as follows:

Kingbird Company

Mutiple step income statement

for the year ended December 31, 2017

Details $

Sales Revenue 26,100,000

Cost of goods sold (16,100,000)

Gross profit 10,000,000

Operating expenses:

Selling and administrative expenses (4,710,000)

Operating income 5,290,000

Other income (loss):

Gain on the sale of investments 111,000

Write-off of goodwill (821,000)

Loss due to flood damage (391,000)

Interest income:

Interest revenue 71,000

Income before tax 4,260,000

Income taxes for 2017 (1,254,000)

Income after tax 3,006,000

Extraordinary items:

Loss on wholesale div. disp. (net of tax) (441,000)

Loss on wholesale div. op. (net of tax) (91,000)

Net income 2,474,000

Preferred stock dividend (81,000)

Common stock dividend (251,000)

Retained earning for the year 2017 2,142,000

Retained earnings balance, Jan. 1, 2017 981,000

Retained earnings bal., Dec. 31, 2017  3,123,000 

8 0

3 years ago

A firm with a production function Q = KL (where K is units of capital and L is units of labor) has an expansion path that is giv

Charra [1.4K]

Answer:

C. 120

Explanation:

The computation is shown below:

(L × K)

Labor L Capital K Quantity of Output Q Total cost TC

1 2 2 $40

2 4 8 $80

(2 × $20 + 4 × $10)

3 6 18 $120

(3 × $20 + 6 × $10)

4 8 32 $160

(4 × $20 + 8 × $10)

As we can see that if we considered 3 units of labor so the total cost is $120

Hence, the correct option is c.

4 0

3 years ago

S&L Computer services has separate divisions to focus on the needs of individual consumers, small businesses, and large busi

prisoha [69]

Answer:

Letter c is correct. Customer.

Explanation:

Departmentalization by customer is a type of grouping that divides organizational activities so that they are effective in meeting and directing organizational strategies to a type of audience that has similar characteristics, such as age, gender, preferences, and income. Each unit has customized characteristics and sales method so that the customer group has a positive perception about the organization and its requirements and needs are properly met.

3 0

3 years ago

The primary purpose of the statement of cash flows is to:.

Komok [63]

Answer:

The primary purpose of the statement of cash flows is to provide information about cash receipts, cash payments, and the net change in cash resulting from the operating, investing, and financing activities of a company during the period.

6 0

2 years ago