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3 years ago

Items of value owned by a business are known as which of the following?

Business

1 answer:

Andre45 [30]3 years ago

6 0

Answer:

Explanation:

Assets

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Consider the following financial statement for Heir Jordan Corporation. HEIR JORDAN CORPORATION Income Statement Sales $ 48,500

sp2606 [1]

Answer:

HEIR JORDAN CORPORATION

Income Statement

Sales $ 48,500 * 120%....................58,200

Costs 34,500 * 120%........................41,400

Taxable income $ 14,000...............16,800

Taxes (35%) 4,900 ...........................5,880

Net income $ 9,100 ........................10,920

Dividends $ 2,900 ..(31.87%)..........3,480

Former Addition to retained earnings 6,200

New Addition to retained earnings 7,440

Explanation:

Consider the following financial statement for Heir Jordan Corporation.

HEIR JORDAN CORPORATION

Income Statement

Sales $ 48,500 * 120%....................58,200

Costs 34,500 * 120%........................41,400

Taxable income $ 14,000...............16,800

Taxes (35%) 4,900 ...........................5,880

Net income $ 9,100 ........................10,920

Dividends $ 2,900 ..(31.87%)..........3,480

Former Addition to retained earnings 6,200

New Addition to retained earnings 7,440

Pay out ratio is 31.87% of Net income which is derived by Dividends/Net Income

4 0

3 years ago

The ____ the percentage of an MNC's business conducted by its foreign subsidiaries, the ____ the percentage of a given financial

Xelga [282]

Answer:

greater; greater

Explanation:

The greater the percentage of an MNC's business conducted by its foreign subsidiaries, the greater the percentage of a given financial statement item that is susceptible to translation exposure.

3 0

3 years ago

Which of the following is the BEST description of the law of demand?

34kurt

D

This is shown because when a item in demand is needed it becomes price and thus becomes lower of supply and gains value

8 0

3 years ago

The production department should generally be responsible for materials price variances that resulted from:

Romashka-Z-Leto [24]

Answer:

c. rush orders arising from poor scheduling.

Explanation:

3 0

3 years ago

2. A company made the following merchandise purchases and sales during the current month

Bezzdna [24]

Answer: You need to subtract the following then add what you have left.

Explanation: For example if you had $300 and you spent 200 you have $100 left

4 0

3 years ago