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3 years ago

The income statement lists all the

Business

1 answer:

olchik [2.2K]3 years ago

6 0

Answer:

A. revenue and expense

Explanation:

An income statement is among the three important financial statements prepared by a business entity. It summarizes all incomes (revenues) and expenses (costs) of a company in a particular financial year. Total costs are subtracted from the total revenue to get the net income.

An income statement is prepared to show the profits of a business in a particular financial year. A positive net income indicates profits, while a negative net income denotes losses.

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Alaskan foodstuffs just announced the annual dividend for this coming year will be $0.36 a share and all future dividends are ex

Aleksandr-060686 [28]

Answer: The market rate of return is 7.45%

We follow these steps to find the answer.

Here we can interpret the term 'market rate of return' as the required rate of return on the stock. We represent this as $k_{e}$

The current market price of stock (P₀), whose dividends are expected to grow for a constant rate is given by:

$P_{0} = \frac{D_{1}}{k_{e}-g}$

where

D = Upcoming dividend

k_{e} = required rate of return on the stock

g = constant growth rate of dividends.

Plugging in the values from the question in the formula above we get,

$12.20 = \frac{0.36}{k_{e} - 0.045 }$

$k_{e} - 0.045 = \frac{0.36}{12.20}$

$k_{e} = 0.029508197 + 0.045$

$k_{e}= 0.074508197$

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3 years ago

One factor that shifts the consumption schedule is household wealth. Households build wealth by spending their incomes as they e

yanalaym [24]

Answer:

the correct answer is *not spending all their current incomes.

Explanation:

if you look at all the other options, they are not creating wealth but depletes it away. the only way to build wealth is by investing and saving over time. ideally, by not spending all their current income.

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3 years ago

Reineke Company's chart of accounts includes the following selected accounts.

Bogdan [553]

Answer:

Reineke Company

Journal Entries:

Oct. 1 Debit 120 Inventory $310

Credit 101 Cash $310

To record the purchase of merchandise via check no. 63

Oct. 3 Debit 157 Equipment, $840

Credit 101 Cash $840

To record the purchase of equipment via check no. 64

Oct. 5 Debit 201 Accounts payable (Uggla Company) $2,500

Credit Cash $2,450

Credit Cash Discounts $50

To record payment on account, less 2% discount, check no. 65

Oct. 10 Debit 120 Inventory $2,270

Credit 101 Cash $2,270

To record the purchase of inventory via check no. 66.

Oct. 15 Debit 201 Accounts payable (Rosenthal Co.) $1,770

Credit 101 Cash $1,770

To record the payment on account by check no. 67.

Oct. 16 Debit 306 Owner's Drawings $450

Credit 101 Cash $450

To record C. Sheridan's payment for his personal insurance premium of $450, check no. 68.

Oct. 19 Debit 201 Accounts payable (Orr Co.) $2,200

Credit 101 Cash $2,156

Credit Cash Discounts $44

To record full payment for invoice no. 610, less 2% cash discount, using check no. 69.

Oct. 29 Debit 201 Accounts payable (Clevenger Company) $2,580

Credit 101 Cash $2,580

To record full payment for invoice no. 264, by check no. 70.

Explanation:

a) Data and Calculations:

Chart of Accounts:

101 Cash

120 Inventory

130 Prepaid insurance

157 Equipment

201 Account payable

306 Owner's drawings

505 Cost of Goods sold

Accounts Payable balances:

Uggla Company $2,500

Orr Co. $2,510

Rosenthal Co. $1,770

Clevenger Company $3,750

Transactions Analysis:

Oct. 1 120 Inventory $310 101 Cash $310 check no. 63

Oct. 3 157 Equipment, $840 101 Cash $840 check no. 64

Oct. 5 201 Accounts payable (Uggla Company) $2,500 101 Cash $2,450 Cash Discounts $50, less 2% discount, check no. 65

Oct. 10 120 Inventory $2,270 101 Cash $2,270 check no. 66, $2,270.

Oct. 15 201 Accounts payable (Rosenthal Co.) $1,770 101 Cash $1,770, check no. 67.

Oct. 16 306 Owner's Drawings $450 101 Cash $450 for his personal insurance premium of $450, check no. 68.

Oct. 19 201 Accounts payable (Orr Co.) $2,200 101 Cash $2,156 Cash Discounts $44 for invoice no. 610, $2,200 less 2% cash discount, check no. 69, $2,156.00.

Oct. 29 201 Accounts payable (Clevenger Company) $2,580 101 Cash $2,580 for invoice no. 264, $2,580, check no. 70.

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3 years ago

Bp's expansion plans were reduced, and its ability to compete with other large multinational oil companies like____ became limit

forsale [732]

Bp's expansion plans had been reduced, and its capacity to compete with other large multinational oil companies like Exxon Mobil and ShellExplanation has become restricted.

BP's new cause is reimagining energy for people and our planet. The cause is underpinned by way of an industry-leading ambition – for BP to become a net zero organization by 2050 or faster, and to help the world get to net zero – and this ambition is supported by using 10 goals.

The strong development bp has made over the last few years has reinforced its confidence in the shipping of its earnings and returns goals for 2025. further, it's far now aiming to keep growing EBITDA through to 2030.

It's critical to show BP's graduate recruiters that you percentage BP's five middle values: safety, respect, excellence, one crew, and braveness.

Learn more about Bp's expansion here: brainly.com/question/15043209

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2 years ago

Research shows that ________ is the single most important factor for a new product to defeat competitive ones—having superior ch

hammer [34]

Market attractiveness

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4 years ago