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2 years ago

FedEx Corporation (FDX) had the following revenue and expense account balances (in millions) for a recent year ending May 31:

Business

1 answer:

suter [353]2 years ago

4 0

Answer and Explanation:

The preparation of the income statement is presented below:

Revenue $26,300

Expenses:

Depreciation expense $985

Fuel expense $3,438

Maintenance and repairs expense $1,675

Other expense(income) net $5,319

Provision for Income taxes $857

Purchased Transportation $1,281

Rentals and Landing fees $1,862

Salaries and Employee benefits $9,387

Net income $1,496

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On March 3, ABC purchased a desk for $450 on account. On March 22, ABC purchased another desk for $500 also on account, and then

Anna007 [38]

Answer:

A. $950

Explanation:

Proper documentations of payments, purchases and income in any company is very necessary for growth.

From the question, the following transaction occured:

March 3 => a desk was purchased for $450
March 22 => another desk was purchased for $500
March 24 => $400 was paid on account.

To know the amount that ABC should report for desks, the two transaction for desk should be summed and the result will be the amount that should be recorded.

Therefore,

$450 + $500 = $950.

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2 years ago

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The paying of a fee to use another firm�s name, resources, and operating systems is called __________.

s344n2d4d5 [400]

Franchising is the practice of paying a company to use its name, resources and operation systems.

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3 years ago

Adding a new product line to an existing portfolio means that the line has __________________. A. increased product support ser

OLEGan [10]

Answer:

<u>B. extended product line length</u>

Explanation:

The product line is a pricing strategy refers to as the pricing line extension and its purpose is to attract new customers, who may or may not be familiar with the current standard product line.

Thus It adds a higher quality to the current products, considered as trading and forward stretch. Various features include the price lining, bundle pricing, bait pricing, leader pricing.

Supermarkets like Walmart and amazon can often apply stretch top product lines so s to often grade there products to ensure that all markets are covered as to gain the maximum interest from customers.

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3 years ago

Bachelor’s degrees are typically earned in _____. a. 1-2 years b. 2-3 years c. 3-4 years d. 4-5 years Please select the best ans

spin [16.1K]

It' typically takes around four years to earn a Bachelor's degree. so i would say either C or D but since it says the BEST answer i would choose D

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2 years ago

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Which of the following is not considered a credit?

Serga [27]

Answer:

which of the following is not considered a credit?

overdraft fee

Explanation:

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2 years ago