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3 years ago

Select the correct answer from the drop-down menu.

2 answers:

4 0

When you earn college credit from courses you take in high school, you don't have to retake that course in college. Therefore, you might be able to graduate early and pay less tuition.

A. don't have to pay as much for tuition

astra-53 [7]3 years ago

4 0

Answer:

Don't have to pay as much for tuition ( A )

Explanation:

Earning a college credit in high school helps you to be exempted from taking those college courses again when you go to college because you have already undertaken them and obtained credit on them while still in High school.

The lesser the courses you take in college the lesser your tuition fees so you don't have to pay as much as other students taking more course than you. it also takes a shorter time to graduate from college if your courses are fewer than the required/maximum number. lesser courses also means lesser homework and less time spent on solving homework. another advantage of lesser courses is that it frees up time for you to take a second degree if you so desire.

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The net income for Sheridan Company for 2020 was $350,000. For 2020, depreciation on plant assets was $69,700, and the company i

enyata [817]

Answer:

350,000 net income

+69,700 depreciation

+13,300 loss on disposal

433,000 adjusted income

no change in working capital

cash generated from operating activities 433,000

Explanation:

We need to remove from the net incoem the non-monetary terms

The depreication is an accounting concept, it doesn't involve cash disbursements, so it is added.

Also the los son disposal doesn't involve using cash so is also removed.

Rule:

to remove a non-monetary expense we should add it.

to remove a non-monetary gain we should decrease it.

5 0

3 years ago

Identify the percent increase in total sales and the percent increase in sales of trench coats. Then find which percent of incre

geniusboy [140]

The percentage increase in the total sales for 2006 is 15% while the increase in sales of the trench coats is 23.3%; therefore the percentage increase in total sales of trench coats is 8.3% faster.

Computation:

1. The total amount of sales for 2006 and 2007:

$\begin{aligned}\text{Sales of 2006}&=103+297+210+213+137\\&=960\end{aligned}$

$\begin{aligned}\text{Sales of 2007}&=127+223+210+285+259\\&=1104\end{aligned}$

2. Now, the percentage increase will be determined for the total number of coats and trench coats:

For the total number of coats, the values used will be the total sales of 2006, and total sales of 2007.

$\begin{aligned}\text{Percentage Increase}&=\dfrac{\text{Sales of 2007}-\text{Sales of 2006}}{\text{Sales of 2006}}\times100\\&=\dfrac{1104-960}{960}\times100\\&=15\%\end{aligned}$

For the trench coats the values used will be the sale of trench coats in 2006 and 2007.

$\begin{aligned}\text{Percentage Increase in Sale of Trench Coat}&=\dfrac{\text{Sales of 2007}-\text{Sales of 2006}}{\text{Sales of 2006}}\times100\\&=\dfrac{127-103}{103}\times100\\&=23.33\%\end{aligned}$

3. Now, the net percentage increase in sales due to the trench coats is computed as follows:

$\begin{aligned}\text{Net Percentage Change}&=\text{\text{Percentage Increase in Trench Coat}-\text{Percentage Increase}}\\&=23.33\%-15\%\\&=8.3\%\end{aligned}$

Therefore, the correct option is option B. Sales of trench coats increased 8. 3 percentage points faster than total coat sales.

To know more about percentages of increase in sales, refer to the link:

brainly.com/question/45525

4 0

2 years ago

When a principal is partially disclosed Group of answer choices the agent and principal will be jointly and severally liable on

vlabodo [156]

The correct answer is the agent and principal will be jointly and severally liable on the contract.

In general, an agent is not accountable for contracts made; the principal is. However, the agent will be held culpable if he is not or only partially revealed, if the agent lacks or exceeds authorization, or if the agent entered into the transaction in a personal role.

When an agent works on behalf of the principle in interactions with a third party, a contractual relationship is formed between the main and the third party, and the agent is not personally accountable.

Therefore, the correct option is the agent and principal will be jointly and severally liable on the contract.

To know more about principal agent liability click here:

brainly.com/question/13056777

#SPJ4

8 0

2 years ago

When asked to memorize the 15 letters, c i a c b s a b c f b i i r s mary reorganized them into cia, cbs, abc, fbi, and irs. mar

11Alexandr11 [23.1K]

The appropriate response is chunking. Chunking alludes to an approach for making more proficient utilization of here and now memory by gathering data. Piecing separates long strings of data into units or lumps. The subsequent pieces are less demanding to focus on memory than a more extended continuous string of data.

8 0

3 years ago

Kingbird Corporation (a calendar year C corporation) reports the following income and expenses this year: Income from operations

Artyom0805 [142]

Answer:

$7,500

Explanation:

Taxable income:

= Income from operations + Dividends received - Expenses from operations

= $200,000 + $15,000 - 140,000

= $75,000

Deductions is allowed only to the maximum extent of 10% of the taxable income of the corporation.

Therefore,

Kingbird's charitable contribution deduction:

= 10% of Taxable income

= 0.1 × $75,000

= $7,500

8 0

3 years ago