Answer:
Income Statement
Revenue $24,698
Expenses
Salaries and employee benefits $8,815
Purchased Transportation $1,203
Fuel Expense $3,228
Rental and landing fees $1,748
Depreciation Expense $925
Maintenance and repairs expense $1,573
Provision for income taxes $805
Other expense (revenue) net <u>$4,995</u>
Total Expenses <u>$23,292</u>
Net Income <u>$1,406</u>
Answer:
d. increase equity by $4,900
Explanation:
Jack Snow received $14,700 on December 1 for services to be rendered in December, January and February. It will not be recorded as income because it hasn't been earned.
Adjusting entries will be passed at the end of each month to recognise amount earned.
Since it is for 3 months, monthly amount earned = 14,700/3= $4,900
At December 31 Retained earnings will be credited for $4,900.
Retained earnings is part of owner's equity.
So equity will increase by $4,900
Answer:
The answer is: D) Risk is a measure of the uncertainty surrounding the return that an investment will earn.
Explanation:
Investment risk refers to the probability of losing an investment. It measures the uncertainty level of earning returns from an investment.
When an investor anticipates a higher risk, he will expect higher returns. On the contrary, low risk investments (e.g. T-Bills) offer very low yields.
The energy system which provides energy for tasks that demand a high rate of energy expenditure for a short period of time is 3-5 days/week, 55-90% of HRmax, 20-60 minutes, aerobic activity.
In economics, demand is the amount of a good that customers are inclined and capable of purchase at diverse prices at some point of a given time. the connection between price and quantity demand is likewise referred to as the demand curve
Demand is the amount of consumers who're inclined and in a position to shop for products at numerous fees at some stage in a given period of time. demand for any commodity implies the purchasers' desire to gather the good, the willingness and capability to pay for it.
For instance, if a patron is hungry and buys a slice of pizza, the primary slice can have the finest advantage or application. With every additional slice, the purchaser becomes greater happy, and software declines. In idea, the primary slice may fetch a higher price from the purchaser.
Learn more about demand here:brainly.com/question/1245771
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