Answer:
The correct answer is $302.40.
Explanation:
According to the scenario, the computation can be done as:
To calculate firms' earning first we less cost of goods and total operating expenses from sales revenue:
= $3,060 - $1,800 - 600
= $660
Now we deduct the interest expense, then
= $660 - $126
= $534
Now we deduct tax rate, then
= $534 × $213.60 ( $534× 40%)
= $320.40
Now we finally deduct the dividends to get the firm's earning to common shareholder's, then
= $320.40 - 18
= $302.40
Hence, the firm's earning to common shareholder's is $302.40.
The answer is:<span>
"Trial Balance"
The full sentence will be as follow:
That the total dollar amount of the debits equals the total dollar amount
of the credits in the ledger accounts can be verified through a trial balance.
Trial Balance means a statement with all the debits and credits in an account
book along with the mention of any difference showing a mistake.</span>
Coal is the fuel that is being used on a large scale in the last century to supply energy, which began to be utilized most recently.
Before coal are used to run a train and steam engines. Coal are used to cook foods and there are other things.<span />
<span>
<span><span>Depreciation is a </span>sunk cost. </span></span>It is the value lost on an asset
after consumption. In accounting, depreciation cost qualifies as a sunk cost
because it is already lost and cannot be recovered. For that reason, it is
correct to ignore depreciation cost when determining the future course of a
business.