Answer:
a. $7, 283 net income
Explanation:
The debits in an income statement represents the expenses while the credit entries represent the income. As such, given;
Total debits = $20,303
Total credits = $27,586
Net income/(loss) = $27,586 - $20,303
= $7,283
Since the total credit (income) is more than the total debit, the net of the two balances result in a net income.
The answer is a. $7, 283 net income.
Answer:
The correct answer is b) The production possibilities frontier is usually bowed outward
Explanation: The production possibilities frontier can bow outward (usually), inward (sometimes), or be a straight line (rare).
When it bows outward, it is because the production capacity of a firm or a national economy is growing, and when it bows inward, it is because the economy is shrinking.
Answer:
Cost of Ending WORK in Process $ 139496
Explanation:
Richmond Corporation
Weighted-Average Method
Ending work in process inventory 21,200 units
<em>First we find the equivalent units in the ending work in process inventory.</em>
Materials = 100% complete = 21200 units
Conversion= 60 % complete = 60% of 21200= 12720 units
<em>Then we multiply the equivalent units of the work in process inventory with the equivalent cost per unit and then add the materials and conversion costs to get the total cost of the ending work in process inventory.</em>
Materials = 21200 * $3.55 = $75260
Conversion = 12720 * $5.05= $ 64,236
Cost of Ending WORK in Process= $75260+$ 64,236= $ 139496
Fraud opportunity involves all of these.
The definition of cheating is anything you say or do in bad faith to deceive someone. An example of fraud is when a person who promises to make a lot of money by investing takes the money and disappears.
Fraud and financial crime are forms of theft that occur when a person or entity steals money or property or uses it illegally for profit.
fraud mainly he has two types. There is criminal fraud when theft is involved, and civil fraud when fraud or willful misrepresentation is involved.
Learn more about fraud here:brainly.com/question/1063454
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Answer: Building community is the characteristic of servant leadership that best describes Ray's methods
Explanation:
Building community is sought out by leaders since they see the evolution of administration as diffident away from creating assemblage within workers. Having a sense of community in a administration is important because it evolves positive relation that makes completing project effortless.
