Answer and Explanation:
The computation of the net income or loss for the year is shown below:
As we know that
Ending retained earnings balance = beginning retained earning balance + net income or net loss - dividend paid
$35,000 = $30,000 + net income or net loss - $13,000
$35,000 = $17,000 + net income or net loss
So, the net income or net loss is $18,000
This is an answer but the same is not provided in the given options
Answer:
Results are below.
Explanation:
Giving the following information:
Selling price= $114
Unitary variable cost= $63
Fixed costs= $741,285
<u>To calculate the break-even point in units, we need to use the following formula:</u>
Break-even point in units= fixed costs/ contribution margin per unit
Break-even point in units= 741,285 / (114 - 63)
Break-even point in units= 14,535
<u>Now, the break-even point if the selling price is $120:</u>
Break-even point in units= 741,285 / (120 - 63)
Break-even point in units= 13,005
Unemployed. Those whom are not seeking work, going to school or retired.
Serial-position effect is the tendency of a person to recall the first and last items in a series best, and the middle items worst.
Answer:
B - Extrapolate
Explanation:
Extrapolate means to extend the application of (a method or conclusion, especially one based on statistics) to an unknown situation by assuming that existing trends will continue or similar methods will be applicable.