Answer:
Explanation:
Comparative income statements for Williamson is presented below:
Particulars                                  2017                2016               2015
Income before income tax       $180,000      $145,000        $170,000
Less:Income tax                        $54,000        $43,500         $51,000
Net income                                $126,000      $101,500        $119,000  
The income tax is computed below:
For 2017
= $180,000 × 30% 
= $54,000      
For 2016
= $145,000 × 30% 
= $43,500    
For 2015
= $170,000 × 30% 
= $51,000                            
 
        
             
        
        
        
<span>
<span>The
liability created by receiving cash before providing the service or
delivering the goods in question is called unearned revenue. In this case, the entity providing the
goods/services records this transaction as revenue that has been generated
but in real sense, the seller remains with the liability until after the actual delivery
of the goods/services. The purpose of this practice can be advantageous to
the seller in certain situations such as easing the burden of paying interest
on debts.</span></span>
        
             
        
        
        
Answer: decrease by $31,875
Explanation:
Net Operating income;
= Sales - variable cost - fixed cost
= (70 * 3,000) - ( 50 * 3,000) - 25,000
= $35,000
Sales volume decreases by 25%;
= 3,000 * ( 1 - 25%)
= 2,250 units 
Variable cost per unit increases by 15%;
= 50 * ( 1 + 15%)
= $57.50
New Net Operating income;
= (70 * 2,250) - (57.50 * 2,250) - 25,000
= $3,125
Net Operating income change;
=  3,125 - 35,000
= -$31,875
Decrease by $31,875
 
        
             
        
        
        
The answer to your question is true.
        
                    
             
        
        
        
Answer:
 $1,545,000
Explanation:
The formula to compute the cost of the building equal to
Rate of return = (Rental income - expenses) ÷ (cost of building
)
where, 
Rate of return = 8%
Rental income equals to
= ($600 × 4 units + $750 ×  4 units + $725 × 4 units + $800 × 4 units) ×  12 months
= $138,000
Total expense 
= $1,200 ×  12 month
= $14,400
Now the cost of building would be
8% = ($138,000 - $14,400) ÷ (cost of building
)
8% = $123,600
So, the cost of building equal to $1,545,000