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Zigmanuir [339]
3 years ago
5

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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If there is no written designated agency relationship, a client of Meramac Realty has what kind of relationship with Meramac
LuckyWell [14K]

Answer: c. A nonagency relationship with everyone in the office.

Explanation:

For an agency relationship to exist in the eyes of the law, there must be a contract with a written designated agency relationship between the client and Meramac Realty.

With no such contract in existence, the law recognizes no agency relationship between Meramac and any of its affiliates with the client. There is therefore a non-agency relationship with everyone in Meramac.

5 0
3 years ago
Which of the following statements about high-LPC leaders is most likely true?
Lapatulllka [165]

Answer:

D. They are primarily satisfied by establishing and maintaining close interpersonal relationships.

6 0
3 years ago
The following costs and useful life data are associated with two new machines being considered at Arun Tech Inc.
Sidana [21]

Answer:

Machine B has a higher NPV therefore should be produced

Explanation:

The machine with the higher Net Present Value (NPV) should be produced .

NPV of Machine A

PV of cash flow

PV of annual profit = A × (1- (1+r)^*(-n)/r

A- 92,000, n- 11, r- 12%

PV = 92,000 × (1- (1.12^(-11)/0.12 = 546268.32

PV of salvage value = 13,000× 1.12^(-11)= 3737.189

NPV =  546268.320 + 3737.189  -250,000 = $300,005.50

NPV of Machine B

A- 103,00, n- 19, r- 12%

PV = 103,000 × (1- (1.12^(-19)/0.12= 758675.0165

Pv of salvage value = 26000× 1.12^(-19)= 3018.776199

NPV =758675.0165  + 3018.77  -460,000 = $301,693.79

Machine B has a higher NPV , therefore should be produced.

6 0
3 years ago
Read 2 more answers
Public policies a. may be able to improve either economic efficiency or equality. b. may be able to improve economic efficiency
Crazy boy [7]

Answer:

A. May be able to improve either economic efficiency or equality.

Explanation:

Public policies: These are the government's policies meant for the public´s benefit and it is tailored to translate vision into action to execute planning and get the desired result. These policies are important to resolve public issues efficiently and effectively with equality. It should be formed under the laws and regulations of the state.

There are five stages of policy making process:

  • Agenda setup.
  • Policy formulation.
  • Decision making.
  • Implementation
  • Evaluation.
5 0
3 years ago
Perch Co. acquired 80% of the common stock of Float Corp. for $1,600,000. The fair value of Float's net assets was $1,850,000, a
Mama L [17]

Answer: $120,000

Explanation:

Purchase Price for 80%) $1,600,000 - (FV $1,850,000 × .80 = $1,480,000) = $120,000

4 0
3 years ago
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