1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nikolay [14]
3 years ago
12

The net income of Steinbach & Sons, a landscaping company, decreased sharply during 2016. Mort Steinbach, owner and manager

of the company, anticipates the need for a bank loan in 2017. Late in 2016 Steinback instructs the company's accountant to record $20,000 service revenue for landscape services for the Steinbach family, even though the services will not performed until January 2017. Steinbach also tells the accountant not to make the following December 31, 2016 adjusting entries:
Business
1 answer:
dexar [7]3 years ago
5 0
Please be specific seems like too long
You might be interested in
National defense is a good that is non excludable and nonrival in consumption. Suppose that, instead of national defense being p
timama [110]

Answer:

Alan is better off by $15

Explanation:

the number of citizens in latvia = 10

if citizens were levied $10 each, total amount

= 10*10

=$100

each persons valuation = 100*0.25

= $25

$25 is also Alans valuation sice he is a part of this population.

since he contribited $10, his net gain would be

$25.00 - $10.00

= $15.00

Alan is better of by $15 in the tax system.

8 0
3 years ago
Freddie's Food Service uses QuickBooks Desktop. They do not track or sell inventory. They have regular customers that they want
azamat

Answer:

Customize reports

Review recurring transactions

Set up and implement an online bill pay service

Explanation:

Considering the situation described above, after converting to QuickBooks Online, the 3 setup and customization steps that are appropriate for this client are the following:

1. Customize reports: this includes forms and reports and, if possible to memorize reports.

2. Review recurring transactions: this is to restore desktop QuickBooks memorized transactions.

3. Set up and implement an online bill pay service: this is done either through Intuit Online Payroll or QBOP.

4 0
3 years ago
If marginal cost becomes higher than price, what happens to a company
juin [17]
Increase price value profit becomes higher than price, what happens to a company
5 0
3 years ago
In the United States, about $5,200 per person per year is spent on health care, while in Britain the amount is about half that.
riadik2000 [5.3K]

Answer:

The answer is: C) The money spent on health care in the United States is not being used effectively.

Explanation:

American citizens spend twice as much as British citizens on health care per year. Even if certain diseases are more common in the US than in Britain, the overall cost of health care is too expensive in the US (100% difference) to be explained by a greater prevalence of just one or two diseases.

The only possible explanation is that the American health care system is not as efficient as the British health care system, therefore health care is more expensive.

4 0
2 years ago
Haskell Corp. is comparing two different capital structures. Plan I would result in 12,000 shares of stock and $100,000 in debt.
posledela

Answer:

Earnings per share (EPS) = (net income - preferred dividends) / average number of outstanding shares

EPS for all equity plan:

($80,000 x 60%) / 18,000 = $2.67 per share

EPS for Plan I:

[($80,000 - $5,000) x 60%] / 12,000 = $3.75 per share

EPS for Plan II:

[($80,000 - $7,750) x 60%] / 8,700 = $4.98 per share

3 0
2 years ago
Other questions:
  • The following is the income statement for the period ending December 31, Year 1, for Manatee Construction Company:
    11·1 answer
  • Tom told his son, bobby, to go out and rake leaves. bobby went outside but raked pretty slowly (one bag in 2 hours). tom told bo
    10·1 answer
  • Glen wants to take a holiday that costs $8,850, but currently he only has $2,750 saved. if he invested his money at 8 percent in
    12·1 answer
  • Yachts are produced by a perfectly competitive industry in Dystopia. Industry output​ (Q) is currently​ 30,000 yachts per year.
    8·1 answer
  • Elle Inc. is a firm that holds frequent reviews and feedback sessions for its employees. It demands that the same person should
    11·1 answer
  • Explain some of the different categories of “new products” CVS is offering.​
    12·2 answers
  • Variable Costing—Production Exceeds Sales Fixed manufacturing costs are $44 per unit, and variable manufacturing costs are $100
    12·1 answer
  • what is the present value of $500 recieved at the end of each year for 15 years? ( assume thatt the first patyment is recieved a
    13·1 answer
  • I The indirect and direct methods of preparing the statement of cash flows are identical except for
    15·1 answer
  • What is it determines a good trade agreement? (Economics)
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!