Answer:
INCORRECT.
In income summary account, all revenue accounts are closed by debiting them and crediting the income summary account. expense accounts are closed by crediting them and debiting income summary account. then on closing income summary account it shows debit balance if there is a net loss and it shows credit balance if there is a net income.
In the given case clever auto services has debit balance of $5,300 i,e it implies that clever auto services has loss .
Therefore above statement is wrong. It implies a loss of $5300 not the net income of $5,300.
Answer:
Alwan expect to pay for airplane 4= $747818.48
Explanation:
given data
expect to pay airplane = 4
3rd plane produce = 20,000 hours
learning curve = 85%
solution
As here logarithmic approach allow get labor for any unit, TN, as
TN = T1(Nb)
here TN is time for the Nth unit and T1 is hours to produce the first unit
so
b = (log of the learning rate) ÷ (log 2) = slope of the learning curve
so
T3 = T1(3log(0.85)÷log2)
so we get
So Alwan expect to pay for airplane 4 = $747818.48
Answer:
c.4%
Explanation:
Based on the information provided within the question it can be said that the unemployment rate fluctuates but over time, always returns to a range of around 4%. Throughout history in the United States of America the unemployment rate has gone up and down with the times but always returns to normal. This normality is usually 3.9% with the lowest lately having been 3.6% in September of 2019.
Answer:
carrot cake originated from such carrot puddings eaten by Europeans in the Middle Ages, when sugar and sweeteners were expensive and many people used carrots as a substitute for sugar.