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fenix001 [56]
3 years ago
13

Are freight charges contra-asset?​

Business
1 answer:
densk [106]3 years ago
5 0
Yes it is hope that helps
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Balance sheet and income statement data indicate the following:
Law Incorporation [45]

Answer:

The correct option is d. 5.5.

Explanation:

Note: This question is not properly arranged. It is therefore rearranged before answering the question as follows:

Balance sheet and income statement data indicate the following:

Bonds payable, 10% (due in two years)                              $842,000

Preferred 5% stock, $100 par (no change during year)       220,000

Common stock, $50 par (no change during year)             1,672,000

Income before income tax for year                                       376,000

Income tax for year                                                                  89,000

Common dividends paid                                                         83,600

Preferred dividends paid                                                          11,000

Based on the data presented, what is the times interest earned ratio (rounded to one decimal place)?

Oa. 7.9

Ob. 4.5

Oc. 3.5

Od. 5.5

The explanation of the answer is now given as follows:

The times interest earned ratio can be calculated using the following formula:

Times interest earned ratio = EBIT / Interest expenses ................ (1)

Where;

Interest expenses = Bonds payable * 10% = $842,000 * 10% = $84,200

EBIT = Earnings before interest and taxes = Income before income tax for year + Interest expenses = $376,000 + $84,200 = $460,200

Substituting the values into equation (1), we have:

Times interest earned ratio = $460,200 / $84,200 = 5.46555819477435

Rounded to one decimal place, we have:

Times interest earned ratio = 5.5

Therefore, the correct option is d. 5.5.

4 0
3 years ago
2020 Under what conditions is it ethically defensible to outsource production to the developing world where labor costs are lowe
fomenos

Answer:

Morally, how about we start with business morals. Extensively business morals spin around progressively the estimation of the business to investors or partners (contingent upon the type of private enterprise). In the event that redistributing work diminishes costs and converts into expanded benefits for the organization, that is sufficient to consider it in accordance with the all-encompassing order of the business whether or not there is a decrease in cost for the buyer.  

Is it morally wrong to use innovative advances to build creation productivity when request in a market is generally inelastic? Cultivating used to be 40% of American employments. Presently it's generally 2% but then out creation has developed.  

Long haul the pulverization of a class of business is regularly counterbalanced by the formation of another classification the requires increasingly psychological assets. Actually, whole new enterprises can be made. So it is additionally not so much exact to restrict your view to simply the individuals who are dislodged from their occupations. It is completely conceivable that the net impact on the economy is sure.  

Be that as it may, again morals are increasingly emotional and have to do with the type of private enterprise to which one buys in, political way of thinking, and perspective on social duty of business.

7 0
3 years ago
Read 2 more answers
7 reasons why marketing must be studied.
Grace [21]
<h2>Answer:</h2>

<h3>1. A Better Understanding of the Target Market</h3>

<h3>2. Understand the Customer.</h3>

<h3>3. Salary Potential</h3><h3 /><h3>4. Experience the Global Marketplace Firsthand.</h3>

<h3>5. Enhance the Omnichannel Experience.</h3>

<h3>6. Go Behind the Perceptions.</h3>

<h3>7. Marketeers will always be in demand</h3>

<em>hope</em><em> </em><em>this</em><em> </em><em>help</em><em>!</em>

7 0
3 years ago
The best way to research an expensive product is to? A. Visit multiple company websites B. Watch many television commercials C.
uysha [10]
All of them are good options, but I would say that D would be the most practical. This is because you’re able to find a large amount of information about a product and view its uses in your situation without paying the cost of the actual product itself.
5 0
3 years ago
Read 2 more answers
​We can show economic​ inefficiency: A. with points on the production possibilities frontier. B. with points inside and on the p
Deffense [45]

Answer:

The correct answer is option C.

Explanation:

The points on the production possibility curve show the efficient utilization of resources. The points below the curve show attainable but inefficient bundles. This is because the points below the curve imply that resources are not fully utilized and there are still some excessive resources left.

The points above the curve show those bundles that are unattainable. This is because these bundles need more resources to be achieved.

3 0
2 years ago
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