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Ber [7]
3 years ago
7

Which of the following classifications is likely to be eliminated by the FASB?

Business
1 answer:
liberstina [14]3 years ago
6 0

Answer: D. Cash equivalents

Explanation:

Financial Accounting Standards Board (FASB) is a private, non-profit organization standard-setting body whose primary purpose is to establish and improve Generally Accepted Accounting Principles within the United States in the public's interest

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Fixed expenses are $384,000 per month. The company is currently selling 6,000 units per month. The marketing manager would like
allochka39001 [22]

Answer:

A reduction of $12,500 in net operating income

Explanation:

The net operating income/loss is the difference between the sales and the total costs.

The change in the company's net operating income is the net of the increased commission and the total decrease in salaries. The commission is a variable cost that is dependent on the total number of units sold.

Hence the overall effect on the company's monthly net operating income of this change

= $46,000 - ($9 * 6500)

= ($12,500)

6 0
4 years ago
When an individual qualifies for a lower premium or rate than standard risks, the insured is considered a?
Lana71 [14]

When an individual qualifies for a lower premium or rate than standard risks, the insured is considered a Preferred risk

What is an Insurance?

Insurance protection against loss is offered by insurance. It is a form of risk management that is mostly used to reduce the risk of a potential loss that is unknown or contingent. A business that provides insurance is known as an insurer, insurance firm, insurance carrier, or underwriter.

To learn more about Insurance

brainly.com/question/26285319

#SPJ4

5 0
2 years ago
Working with people sometimes requires special techniques – what are some for graphic designer job?
Jlenok [28]
<span>Here are 3 graphic designer jobs people can get multimedia artist and animator,web developer,and Art director </span>
6 0
3 years ago
Anybody had a real job before if you did do you know how to do an application?
sveticcg [70]

Answer:

Be confident and make a good impression!

Explanation:

You can make a resume with a cover letter for your future employer. Just use the internet to search it, if you don't have any information in certain areas don't worry. They will usually give you an application to fill out asking for your name, address, and basic information. If you have any questions ask your parents. Be confident and good luck, I am sure you'll get the job!

5 0
3 years ago
On January​ 2, 2019, Kornis Corporation acquired equipment for $1,000,000. The estimated life of the equipment is 5 years or 100
Scrat [10]

Answer:

$392,000

Explanation:

Double-declining-balance method is (2/useful life) x cost -accumulated depreciation)

cost = purchase price - residual value

2/5 x( 1000000-20000)

= $392,000

5 0
4 years ago
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