i think the aswer is (A) <span>Checks are the most widely accepted form of payment.</span>
Answer:
sales is $2,500,000
Explanation:
The target sales for the company to achieve a net income of $450,000 in the current year equals the net income plus variable cost plus the fixed costs.
To understand this better,let us use the net income formula:
net income=sales-variable costs-fixed costs
by changing the subject of the formula,we the formula for sales:
sales=net income+variable costs+fixed costs
variable costs=sales*70%=0.7 sales
sales=$450,000+$300,000+0.7 sales
sales-0.7 sales=$750,000
0.3 sales=$750,000
sales=$750,000/0.3=$2,500,000
Answer:
Balance sheet.
Explanation:
Options B, C, D are wrong because income statement, retained earnings statement, and statement of cash flows is prepared for a specific period. For example, an accounting year or a fiscal year. As a company is operating throughout the year, it can generate income, expenses, and dividends.
On the other hand, assets and liabilities are valued on a specific date. Therefore, option A (balance sheet) is correct.
Venya and Kari would be able to produce 50 potted plants on Day 3.
<h3>What is a production possibility?</h3>
This curve is an economic tool that illustrates varying amounts of two products that can be produced when both depend on the same finite resource
Based on the given chart, Venya and Kari would be able to produce 50 potted plants on Day 3.
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Answer:
If you are studying to work in accounting and you are interested in working in payroll, it is time to learn just what a payroll clerk does. It is the payroll clerk’s job to collect time sheets, review timekeeping logs for accuracy, and issue paychecks and other disbursements to employees within an organization. In addition to basic job functions, clerks are accountable for processing various requests and processing various types of verifications. If you are looking for an entry-level role in accounting and this title interests you, read this job profile.