Answer:
Explanation:
Preparation of the income statement for Sunland Company ending December 31, 2022 is presented below:
Sunland Company
Income statement
Revenue
Service revenue $67,280
Total revenues $67,280 (A)
Less: Expenses
Advertising expense $2,080
Rent expense $12,000
Utilities expense 2,900
Salaries and wages expense 34,800
Total expenses $57,780 (B)
Net income $15,500 (A- B)
Simply we deduct the total expenses from the total revenues so that the net income could arrive
If specialization and outsourcing can harm domestic workers, the countries still engage in trade because the gains from trade far outweigh the costs, and the economy benefits overall.
Outsourcing is the business practice in which a party is hired outside any company to perform services and to create goods that were traditionally performed and produced in-house by the company's own employees and staff.
Outsourcing is a practice which is usually undertaken by companies as a measure of cost-cutting . As such, it can affect a wide range of jobs, ranging from customer support to manufacturing to the back office.
To know more about outsourcing here:
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What is the original statement?
Answer:
5.31%
Explanation:
FV = 1000
Coupon rate = 5.7%
No of compound = 2
Interest per period = $28.5
Bond price = $1048
No of years to maturity = 20
No of compounding till maturity = 40
Coupon rate set on new bonds = Rate(Nper, PMT, -PV, FV) * 2
Coupon rate set on new bonds = Rate(40, 28.5, -1048, 1000) * 2
Coupon rate set on new bonds = 0.02655 * 2
Coupon rate set on new bonds = 0.0531
Coupon rate set on new bonds = 5.31%
B it is b because i would like it to be B please
