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tino4ka555 [31]
4 years ago
7

In April, Holderness Inc, a merchandising company, had sales of $251,000, selling expenses of $17,000, and administrative expens

es of $28,000. The cost of merchandise purchased during the month was $161,000. The beginning balance in the merchandise inventory account was $37,000 and the ending balance was $51,000. Required: Prepare a traditional format income statement for April.

Business
1 answer:
Rainbow [258]4 years ago
3 0

Answer:

The net income is $59,000

Explanation:

Please refer to the attached file for calculation.

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ludmilkaskok [199]

Answer: "a) the doors were installed as an act of intentional discrimination"

The Americans with Disabilities Act (ADA) is a civil rights law that prohibits discrimination against people with disabilities in all areas of public life including work. In the case of Artur, who put a claim against Banquet under the Americans with disabilities act, he has to show that the doors were installed as an act of intentional discrimination.

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3 years ago
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Sorry to bother but i need someone to talk to me if your older than 15 don't bother to message thank,you❤
Elden [556K]

Answer:

Does 16 mean no too?

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3 years ago
When a principal is partially disclosed Group of answer choices the agent and principal will be jointly and severally liable on
vlabodo [156]

The correct answer is the agent and principal will be jointly and severally liable on the contract.

In general, an agent is not accountable for contracts made; the principal is. However, the agent will be held culpable if he is not or only partially revealed, if the agent lacks or exceeds authorization, or if the agent entered into the transaction in a personal role.

When an agent works on behalf of the principle in interactions with a third party, a contractual relationship is formed between the main and the third party, and the agent is not personally accountable.

Therefore, the correct option is the agent and principal will be jointly and severally liable on the contract.

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8 0
2 years ago
"Investment X offers to pay you $5,800 per year for 9 years, whereas Investment Y offers to pay you $8,600 per year for 5 years.
Butoxors [25]

Answer:

Present value of investment X = $41,225.37

Present value of investment Y = $37,233.50

Explanation:

The present value of the cash flows can be found by discounting the cash flows at the discount rate.

This can be found using a financial calculator

Cash flow each year from year 1 to 9 for investment X = $5,800 

Discount rate = 5%

Present value = $41,225.37

Cash flow each year from year one to year 5 for investment Y = $8,600 

Discount rate = 5%

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I hope my answer helps you

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4 years ago
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In the mainstream view, one major source of instability in the macro economy is the volatility of <u>investment spending.</u>

<u />

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Instability is the quality of being unstable. ...unpopular policies, which resulted in social discontent and political instability.

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1 year ago
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