1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Zepler [3.9K]
3 years ago
11

Ralph is single and has the following items for the current year:

Business
1 answer:
scoray [572]3 years ago
3 0

Answer:

B

Explanation:

$10,000 - [$6,000 + ($9,000 - $3,000)] = ($2,000). Therefore, nothing is added back.

You might be interested in
The following information is available for Blossom Company:
Aleonysh [2.5K]

Answer:

Total Assets = $124,510

Total Liabilities = $38,320

Total Stockholders' equity = $86,190

Explanation:

Blossom Company

Balance sheet

As at December 31, 2022

Assets

<em>Current assets</em>

Cash                                       $6,390

Accounts receivable                2,100

Supplies                                   3,800

Inventory                                  2,920

Total current asset                                 $15,210

<em>Non-current asset</em>

Equipment (net)                                      109,300

Total assets                                             124,510

Liabilities and Stockholders' Equity

<em>Current liabilities</em>

Accounts payable                   $4,500

Interest payable                            670

Unearned service revenue          820

Salaries and wages payable        830

Total current liabilities                           $6,820

<em>Long-term liabilities</em>

Notes payable                                           31,500

Total liabilities                                        $38,320

<em>Stockholders' equity</em>

Common stock                                         58,900

Retained earnings (Balancing amount)  27,290

Total stockholders' equity                     $86190

Total liabilities and stockholders' equity $124,510

8 0
3 years ago
An example of Web 2.0 is a high school student promoting his or her poetry on a blog.
puteri [66]
I believe the answer to this question is : False
6 0
3 years ago
Read 2 more answers
Read the paragraph. preparation is the key to success when hiking. hikers must research weather conditions and wear appropriate
Doss [256]
The answer is <span>A. to develop the central idea of hiking preparedness</span>
7 0
3 years ago
Read 2 more answers
Walt Bach Company has accumulated the following budget data for the year 2019.
mrs_skeptik [129]

Answer:

Walt Bach Company

a) Schedule of Cost of Goods Sold

Direct materials =                 $400,000 (2*$5*40,000)

Direct labor =                          960,000 (1.5*$16*40,000)

Manufacturing overhead =    360,000 ($6*60,000)

Total cost of goods sold = $1,720,000

b) Budgeted Income Statement for 2013

Sales Revenue          $2,200,000

Cost of goods sold      (1,720,000)

Gross profit                   $480,000

Selling and admin. exp.  200,000

Income before tax        $280,000

Income tax (30%)             (84,000)

Net income                   $196,000

Explanation:

a) Budget Data and Calculations:

Sales: 40,000 units, unit selling price $55, Revenue = $2,200,000

Cost of one unit of finished goods:

Direct materials 2 pounds at $5 per pound = $400,000 (2*$5*40,000)

Direct labor 1.5 hours at $16 per hour = $960,000 (1.5*$16*40,000)

Manufacturing overhead $6 per direct labor hour = $360,000 ($6*60,000)

Inventories (raw materials only):

Beginning, 10,000 pounds;

Ending, 15,000 pounds.

Selling and administrative expenses: $200,000.

Income taxes: 30% of income before income taxes.

6 0
3 years ago
Restricting imports of Brazilian shoes will__________.
KatRina [158]

Answer:

a. raise the price of both Brazilian and domestically produced shoes

Explanation:

Restricting imports of Brazilian shoes will raise the price of both Brazilian and domestically produced shoes

5 0
2 years ago
Other questions:
  • Goals of the Firm. Fill in the blanks in the following passage by choosing the most appropriate term from the following list (so
    9·1 answer
  • A check involves three parties. the person who orders the bank to pay a certain amount of money is called the drawer. drawee. pa
    15·2 answers
  • To minimize potential risks of harm, a researcher conducting an on-line survey can:
    13·1 answer
  • Markham Publishing is known for its consultative buying center culture. Recognizing this corporate culture, someone attempting t
    13·1 answer
  • A ________ is best described as a voluntary arrangement between firms that involves the sharing of knowledge, resources, and cap
    8·2 answers
  • Help me with this please the answer I choose is incorrect !!
    8·2 answers
  • Brief, Inc., had a receivable from a foreign customer that is payable in the customer’s local currency. On December 31,2017, Bri
    14·1 answer
  • Managerial accounting differs from financial accounting in several areas. Specify whether each of the following characteristics
    12·1 answer
  • Explain the term strategic dependence. what kind of markets would we expect to find it in? How will it affect the behavior of fi
    14·1 answer
  • natural disasters can happen at any time and have unknown or incalculable effects. based on information from subject matter expe
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!