Answer:
Sara Co total expenses in a single-step income statement is $231000 as found in the attached
Explanation:
Single-step income statement gives the net profit of a business by deducting total expenses from total revenue.
It differs from two-step income statement where revenue expenses are categorized into, namely direct and indirect,which enables the gross profit and net profit to be calculated differently.
Since total revenue for Sara Co from all sources is $256,000,the resultant net profit for the year is $25000($256000-$231000).
The correct answer should be
E. Opportunities
Answer:
correct answer is C. 25 percent
Explanation:
solution
we relate purchasing power to the purchasing of product by consumer to investor for the prosperity of economy
so we consider here price index that is = 100
and it is rise to = 125
so that purchasing power will be decrease by x to the 
and money value will be lead to %change as
money value = 
.................1
money value = 1 - 0.8
money value = 0.2
money value = 20%
so we can say that when we buy with 20% than purchase power will be fall as 25% increase in the price
so correct answer is C. 25 percent
Answer:
$117,600
Explanation:
Boxes of Frosted Flakes ×Estimate of Box Tops to be redeemed
1,344,000×60%= 806,000
806,000- 630,000 (Box Tops redeemed) =176,400
Estimate of Box Tops left to be received /Number of Box Tops Needed per bowl
176,400/3= 58,800 Total bowls estimated to be sent to customers in future
58,800 x 2.00 (The Cost of bowls to company was $3 while the cash to be received from customer was $1)
= $117,600 Which will be the total premium liability to be recorded.
