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Fantom [35]
3 years ago
14

Question #2

Business
1 answer:
AysviL [449]3 years ago
7 0

Answer:

the answer is B.

Explanation:

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Which of the following would not be an adjustment to net income using the indirect method? An increase in accounts receivable. A
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Using the indirect method, an increase in accrued wages is not an adjustment to net income.

Explanation:

An increase in accounts receivable are subtracted from net income.

A decrease in a prepaid expense are added to net income.

A loss on equipment sold are added to net income.

An increase in accrued wages not consider. (Increase in the wages payable balance are added to net income)

An increase in plant, property and equipment.are subtracted from net income.

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Scrum

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Wants to start a fashion boutique that will sell tailor-made garments and accessories. She plans to open boutique stores in life
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commercial bank people will help her in that regard

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Peggy is in the business of factoring accounts receivable. Last year, she purchased a $30,000 account receivable for $25,000. Th
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e. None of these.

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3 years ago
Miracle Clean's variable costs are $3.00 per bottle and Fixed Expenses are $350,000 per year. The company currently sells 150,00
DerKrebs [107]

Answer:

131,250= number of units

Explanation:

Giving the following information:

<u>We need to calculate the number of units to be sold to maintain a profit of $175,000.</u>

Unitary variable cost= $3

Fixed expenses= $350,000

Selling price= $7

Net income= total contribution margin - fixed cost

175,000= number of units*(7 - 3) - 350,000

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