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AlladinOne [14]
3 years ago
8

Determining Amounts for Items Omitted from Income Statement An item has been omitted in each of the following four lists of inco

me statement data. Determine the missing amount. Chase Company Jessup Inc. Osterman Company Snyder Co. Sales $481,500 $ $1,087,000 $ Cost of goods sold $ $405,600 $ $416,300 Gross profit $79,800 $285,100 $370,200 $297,300
Business
1 answer:
Helga [31]3 years ago
4 0

Answer:

sales  ( omitted)      $690,700        $ 713600

cost of goods sold ( omitted)  $401,700     $716,800

Explanation:

sales           $481,500        $690,700       $1,087,000           $713,600

COGS         $401,700        $405,600       $716,800              $416,300  

GP               $79,800         $285,100         $370,200            $297,300

SALES = Gross profit + cost of sales

COGS= sales - gross profit

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A. job contexts

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C. special codes

D. information inputs

The Position Analysis Questionnaire (PAQ) is relatively complex, and requires that an employee must have the reading level of a college graduate to be able to complete it and evaluates job skill level and basic characteristics of applicants for a set match of employment opportunity. It measures the characteristics of a job and relates them to human characteristics, such as information input, mental processes, work output, relationships with others, job context, and so on.

Mental processes in the context of the six sections of the Position Analysis Questionnaire (PAQ) represents the reasoning, decision-making, planning, and information-processing activities involved in performing a job.

7 0
3 years ago
Jasmine Smith owns a condo worth $340,000, a car valued at $27,000, and miscellaneous assets worth $8,500. She owes $189,000 on
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Answer:

her total assets are $422,000

Explanation:

The computation of the total assets is shown below:

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= Worth of condo + Value of car + Miscellaneous assets + Mutual fund investment

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hence, her total assets are $422,000

We simply applied the above formula so that the correct amount could come

7 0
3 years ago
Last year Christine worked as a consultant. She hired an administrative assistant for $15,000 per year and rented office space (
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Answer:

Explicit costs - $51,000

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3 years ago
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d) no

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b) this is the opposite as (a)  here we extend our financing agaist our suppliers. The payment cycle increases thus, decreasing the overall cash demand

c) If the assets were puirchased on cahs a huge amount was used alrady affecting the liquidity of the company.

If the company finance the purchase of the long term assets, in the future the company will have to dedicate a portion of their future cahs flow to pay up interest and principal which is what we should analize; wether or not the company will have difficulties in the future and the answer is yesin both scenarios.

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