Answer:
Net income = $688
Explanation:
If Nu elects FIFO, we have:
Cost of good sold = Cost of goods available for sale - Ending inventories = 2,490 - 1,260 = $1,230
Gross profit = Net sales - Cost of good sold = 2,870 - 1,230 = $1,640
Net operating income = Gross profit - Operating expenses = 1,640 - 780 = $860
Tax = $860 × 20% = $172
Net income = $860 - $172 = $688
Answer:
cash 515,000 debit
bonds payable 500,000 credit
Premium on Bonds 15,000 credit
Explanation:
to know the cash proceeds fro mthe issuance of the bonds we will multiply the face value by the point issued:
500,000 x 103 / 100 = 515,000
As the amount collected is higher than face value we reocgnize a Premium on Bonds Payable for the difference:
515,000 - 500,000 = 15,000
Answer:
The duties of an office messenger are summarized throughout the below segment.
Explanation:
- His tasks predominantly include the passage as well as the collection of documents across units of the company or an organization.
- Any basic everyday tasks may be requested to encourage and support him in the file, make copies, and print documentation.
- Throughout the lower socio-economic frame seems to be in a position he has to be professional as well as respectful.
Options: A) proofreading
B) Editing
C)Evaluating
D) Drafting
Answer: Drafting
Explanation: Drafting is a process of preparing of a report or presentation where the person involved is creating visuals representations and talking points and areas where he or she will give more and clearer details.
Drafting is a critical part of the writing preparation process as it helps the person involved to prepare adequately and make proper written communication for the persons of which the writing is meant.
A PROPERLY DRAFTED PRESENTATION OR REPORT HELPS TO GUARANTEE A PROPER WRITING.
Answer:
$432.25
Normal pay $364 + overtime pay $68.25