Answer:
Answer for the question:
Haskins and Jones, Attorneys-at-Law, maintains its books on a cash basis. During 2021, the law firm collected $610,000 for services rendered to its clients and paid out $425,000 in expenses. You are able to determine the following information about accounts receivable, prepaid expenses, deferred service revenue, and accrued liabilities: January 1, 2021 December 31, 2021 Accounts receivable $ 75,000 $ 67,000 Prepaid insurance 5,800 7,100 Prepaid rent 10,500 9,600 Deferred service revenue 10,500 12,200 Accrued liabilities (for various expenses) 13,500 17,700 In addition, 2021 depreciation expense on office equipment is $28,500. Required: Determine accrual basis net income for 2021.
is given in the attachment.
Explanation:
D. why a specific consumer made a specific choice
The higher a country’s gross domestic product (gdp), the more likely it is that the country is wealthy.
<h3>What is gross domestic product?</h3>
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
The economic growth rate which measures wealth is the rate at which the nominal GDP of a country increases with the passage of time.
To learn more about GDP, please check: brainly.com/question/15225458
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Given
$1.37 = share month
2.8 % increase
11.6 % returned
Find how much pay to purchase one share of this stock
$1.37 x 0.028 = 0.03836
$1.37+0.03836 = 1.40836
$<span>1.40836 x .116 = 0.16336976
$</span>1.40836+<span>0.16336976 = $1.57
The answer is $1.57 to purchase one share of this stock today.</span>
