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Trava [24]
3 years ago
7

Joe is self-employed in a store that has a rental value of $500 a month which he pays, but he can vacate the building without gi

ving notice. His other expenses are $100 a month for maintenance. He makes $25,000 a year on net sales (total revenue minus the wholesale cost of the product). If he quit his job and worked the same number of hours elsewhere at a job he liked equally well, he estimates that he could make $20,000 a year. No one else can be hired to work in the store. Joe should It is impossible to say with the information given in the problem. quit his job. work part-time. keep the job.
Business
1 answer:
liubo4ka [24]3 years ago
7 0

Answer:

work part time

Explanation:

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Beck Company has inventory of $ 740 comma 000 in its stores as of December 31. It also has two shipments inminustransit that lef
EastWind [94]

Answer:

The invention balance sheet as at 31 December is $923,000

Explanation:

In this question, we are asked to calculate the amount of money Beck company will report in its balance sheet as of December 31st.

To do this, we simply employ a mathematical approach.

Mathematically, the amount of inventory recorded by Beck company on its balance sheet as of December 31st would be;

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We identify these values as follows;

Inventory in stores = $740,000

Goods in transit f.o.b shipping point = $108,000

Goods in consignment = $75,000

The amount of inventory Beck company should record will be; $740,000 + $108,000 + $75,000 = $923,000

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3 years ago
How many episodes of Seinfeld are there
klio [65]
I think it is 180 :)
5 0
3 years ago
Terrell has an employer-sponsored 401(k) plan that he contributes to, and his employer matches 25% of his 401(k) contributions.
Elza [17]
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8 0
3 years ago
Read 2 more answers
Which team dysfunction does safe help address with the help of business owners
Sindrei [870]

The team dysfunction that is addressed by SAFe with the help of business owners is the lack of accountability.

<h3>What is the loss of accountability?</h3>

This can be defined as the scenario that occurs where people fail to take responsibilities for their lack of actions.

This may impede the growth of a team. Therefore it is very necessary that this is addressed to avoid issues.

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4 0
2 years ago
An accountant has debited an asset account for $1,300 and credited a liability account for $500. Which of the following would be
GalinKa [24]

An accountant has debited an asset account for $1,300 and credited a liability account for $500 -The following would be an incorrect way to complete the recording of the transaction (D) Debit a Stockholders' account for $800.

Explanation:

By using  the accounting equation

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where,

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Credited Total liabilities = $500

So, the total stockholder equity is

= $1,300 - $500

= $800

So, the incorrect way is to debit a stockholder equity for $800

3 0
3 years ago
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