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algol [13]
3 years ago
14

Information needed to prepare an income statement’s Expense section is obtained from a work sheet’s Account Title column and

Business
1 answer:
Mars2501 [29]3 years ago
8 0

Answer:

Option (A) is correct.

Explanation:

Income statement have an operating section which includes revenue and expenses section.

Revenue section of the operating section includes all the cash inflows and all the values that represents the appreciation of the assets.

On the other hand, expenses section of the operating section includes all types cash outflows and those activities which reduces the value of the assets of the company or increases liability.

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What is the most significant difference between leaders and assembly line workers in regard affecting the behavior of others?
Gala2k [10]
The most significant difference between leaders and assembly line workers is the "Power".
The formal leaders have a formal power within the framework or system of an organization where they can influence others to work in the interests of the specific organization as opposed to assembly line workers, they lack this. 
3 0
4 years ago
According to Classical economists, the permanent income hypothesis was an argument supporting their view that, during a recessio
podryga [215]

Answer: tend to self correct and the decline would be cushioned.

Explanation:

The permanent income hypothesis is simply refered to as a theory that relates to consumer spending which states that individuals will spend money based on the disposable income that they expect in their lifetime.

According to Classical economists, the permanent income hypothesis was an argument supporting their view that, during a recession, the economy would tend to self correct and the decline would be cushioned.

3 0
3 years ago
Tourmaline Corporation, a calendar year C corporation, has taxable income of $1.3 million and $3 million for 2017 and 2018, resp
oksano4ka [1.4K]

Answer:

The minimum 2018 estimated tax installment payments for Tourmaline are;

April 15, 2018, $68,250; June 15, 2018, $246,750; September 15, 2018, $157,500; December 15, 2018, $157,500.

Explanation:

3 0
4 years ago
Iron Man Foundry produces multiple products, one of which is casting a hose nozzle. The daily demand for these nozzles is 1,000
Alex777 [14]

Answer: 0.48 minutes

Explanation:

Takt time = Net time available / Daily demand

Net time available is number of minutes in a shift so:

= 8 hours * 60 minutes

= 480 minutes

Daily demand = 1,000 units

Takt time = 480 / 1,000

= 0.48 minutes

4 0
3 years ago
4. (10 points). Prezas Company's balance sheet showed total current assets of $4,250, all of which were required in operations.
dsp73

Answer: $3,025

Explanation:

The Net Working Capital is used to find out if the company is able to use its current assets to cater for it's Current Liabilities and as such is calculated by subtracting Current Assets from Current Liabilities.

= Current Assets - Current Liabilities

Current Liabilities = 975 + 250

= $1,225

The interest bearing funds are not included when Calculating Net Working Cap.

Net Working Capital = 4,250 - 1,225

= $3,025

6 0
3 years ago
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