Answer: The answer is Net income $180,000
Explanation:
All star Exposure
Monthly income Statement
$ $
Sales. 475,000
Less: Expenses
Sales commission 42,000
Technology cost 71,000
Research & Development cost 140,000
Selling Expenses 12,000
Administrative Expenses 30,000
---------------------
(295,000)
---------------------
Net income. 180,000
-----------------------
The All star income statement has no line item for cost of good sold because cost of good sold is a direct cost incurred by All star Exposure on the goods sold. it does not appear as part of the expenses in the income statement.
Answer:
$10,000
Explanation:
A company's income is either shared out as dividends or kept in as retained earnings. Therefore, the total of retained earnings and dividend paid out is the net income. This is the amount that will reflect in the income statement. In other words, income is calculated first before dividends or retained earnings are declared.
For Martinville, income will be calculated first before dividends are paid. Net income will be
=revenue - expenses
=$17,000 -$7,000
=$10,000
Balance in the Income Summary account was $10,000
Answer: OPTION E
Explanation: Mission refers to the ultimate goal that a business organisation has. It is the end point towards which all the procedures and activities of the business is to be carried out.
It is the future determining factor of a business. In nowadays the business is operating at a very high level with different functional area. These areas have different activities to perform and are useful in different ways by the organisation.
Thus, every functional area could have its different mission to complete.
Answer:
The statement represents the Straw Man fallacy.
Explanation:
A Straw Man fallacy is a version of an argument that is misrepresented, simplified so that it will be easier to defeat. It replaces or represents whatever actual argument is being made. The Straw Man fallacy in some cases is not provided intentionally. They could also be the result of talking about something with little to no previous knowledge of it.
Thus, as the evolutionary theory does not only proposes that humans come from monkeys with less hair and bigger brains, <em>the statement is oversimplifying the different researches on that topic</em> falling into a Straw Man fallacy.
Answer:
The correct answer is b. Regressive coping.
Explanation:
Coping. This concept has been important in the field of psychology for more than 40 years. During the years 1940 and 1950 it meant an organizational concept in the description and clinical evaluation and, at present, it constitutes the center of a whole series of psychotherapies and educational programs that aim to develop adaptive resources. The issue of coping has also received a lot of attention in the media, as can be seen by flipping through the index of any magazine, book sales lists or programming guides. Actually, the word coping is both a colloquial and scientific term. Despite its prolific history and its current popularity, there is still a lack of coherence regarding theories, research and understanding of the subject. Even the most superficial review of what is written by both scholars and laymen, already reveals confusion regarding the meaning of coping and its role in the adaptation process.
