All categories

3 years ago

Consider the following facts for health haven?

Business

1 answer:

pochemuha3 years ago

7 0

Answer:

attached below is the missing part of the question

$17000

Explanation:

1) calculate the cash dividends

= beginning earnings + net income for the period - ending retained earnings

= $44000 + $57000 - $68000 = $33000

2 ) calculate the amount of cash receipt from the sale of plant assets

first we will calculate the dep on sale of plant products

= beginning accumulated depreciation + depreciation expense - ending accumulated depreciation

= 22500 + 12000 - 24500 = $10000

next we calculate the cost of sale of plant assets

= beginning plant asset + acquisition new plant assets - ending plant asset

= $123500 + $29000 - $131500 = $21000

Hence the cash receipt from the sale plant assets = cost of sale of plant assets - dep on sale of plant products + gain on the sale of plant assets

= 21000 - 10000 + 6000 = $17000

You might be interested in

A measure of the burden of continual deficit financing over time is the ratio of:.

Ksju [112]

Answer:

Explanation:

the debt to the GBP

8 0

1 year ago

Which of the following projects is most likely be used in STEM education to learn technology concepts?

ivanzaharov [21]

Answer:

investigate search engine criteria to improve search results

Explanation:

Remember, the application of STEM implies using the knowledge found in the field of science, technology, engineering, and mathematics to carry out projects.

Since the focus is on learning technology concepts, the most likely, that is, the project that is closest to technology is investigating search engine criteria to improve search results.

7 0

3 years ago

Whispering Company sells goods that cost $301,000 to Ricard Company for $402,000 on January 2, 2020. The sales price includes an

Jobisdone [24]

Answer:

The amount of revenue to be recognized at 31st March is $383500

Explanation:

The revenue amount that should be recognized in the income statement as at March 31,2020 is the sales price of $365000 plus three months of installation fee since installation is expected to last six months and three months have passed since installation began.

Hence, the amount of revenue as at 31st March is calculated thus:

Sales price $365000

Installation fee for 3 months(3/6*$37000) $18500

Total revenue as at 31st March $ 383,500

The rationale behind this is that revenue is only recognized when the seller has discharged his or her obligation under the contract not when cash is received and it is very clear that installation has been undertaken for 3 out of 6 months

7 0

3 years ago

When making an attribution, dan considers how his roommate has behaved in similar situations in the past. dan is using _______ i

Gekata [30.6K]

When making an attribution, Dan considers how this roommate has behaved in similar situations in the past. Dan is using consistency information.

Information consistency refers to the same thing, being consistent, that even though something may be slightly different the outcome remains the same. In this case, Dan is assuming his roommate will make the same behavior choices as he has previously.

7 0

2 years ago

Kung ikaw ay magiging pangulo ng pilipinas ano ang paraan na gagawin mo para sa iyong mamamayan?

melamori03 [73]

Kung ako ay magiging Pangulo nang Pilipinas, ang limang programa na aking gagawin ay ang Magtanim ng mga puno sa kagubatan para maiwasan ang flood, pagpapa-aral sa mga batang hindi nag-aaral, Pagbibigay ng tulong sa sapat na pambili, Pagtupad ng mga batas na nakakabuti sa mga mamamayan, pagtulong sa mga may sakit.

3 0

3 years ago