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Nookie1986 [14]
2 years ago
13

Two accountants for the firm of Elwes and Wright are arguing about the merits of presenting an income statement in a multiple-st

ep versus a single-step format. The discussion involves the following 2020 information related to Bramble Company ($000 omitted).
Administrative expense
Officers' salaries
$5,006
Depreciation of office furniture and equipment
4,066
Cost of goods sold
60,676
Rent revenue
17,336
Selling expense
Delivery expense
2,796
Sales commissions
8,086
Depreciation of sales equipment
6,586
Sales revenue
96,606
Income tax
9,176
Interest expense
1,966

Common shares outstanding for 2020 total 38,960 (000 omitted).
(a) Prepare an income statement for the year 2020 using the multiple-step form. (Round earnings per share to 2 decimal places, e.g. 1.48.)

(b) The parts of this question must be completed in order. This part will be available when you complete the part above.
Mathematics
1 answer:
olchik [2.2K]2 years ago
8 0

Answer:

73,188

Step-by-step explanation:

fees plus costs minus expenses

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I really need help with this dividend thing. Plz help ASAP
dimaraw [331]

Answer:

45.26

Step-by-step explanation:

36.50 \times 73 = (2664.5) \div 50  \\ = 53.29

53.29 \times 62 = (3303.98) \div 73 \\  = 45.26

4 0
3 years ago
A survey is conducted to find out whether people in metropolitan areas obtain their news from television (Event T), an newspaper
MrMuchimi

Answer:

e) P ( R' | T ) = 0.62857

f)  P ( T' | N ) = 0.32258

g)  P ( R' | N ) = 0.70968

h) P ( T' | N&R ) = 5/6

Step-by-step explanation:

Given:

- The probability of Television as news source P ( T ) = 0.7

- The probability of Newspaper as news source P ( N ) = 0.62

- The probability of Radio as news source P ( R ) = 0.46

- The probability of Television & Newspaper as news source P (T&N) = 0.42

- The probability of Television & Radio as news source P (T&R) = 0.26

- The probability of Radio & Newspaper as news source P (R&N) = 0.18

- The probability of all 3 as news source P ( T & R & N ) = 0.03

Find:

Given that TV is a news source, what is the probability that radio is not a news source?

Given that newspaper is a news source, what is the probability that TV is not a news source?

Given that newspaper is a news source, what is the probability that radio is not a news source?

Given that both newspaper and radio are news sources, what is the probability that TV is not a news source?

Solution:

- We will first compute the individual probability of each event occurring alone.

   P (Television is the only news source) = P(T) - P(T&R) - P(T&N) + P(T&N&R)

   P ( Only Television ) = P ( only T ) = 0.7 - 0.42 - 0.26 + 0.03 = 0.05

   P (Newspaper is the only news source) = P(N)-P(N&R)-P(T&N)+P(T&N&R)

   P ( Only Newspaper ) = P ( only N ) = 0.62 - 0.18 - 0.42 + 0.03 = 0.05

   P (Radio is the only news source) = P(R) - P(T&R) - P(N&R) + P(T&N&R)

   P ( Only Radio ) = P ( only R ) = 0.46 - 0.26 - 0.18 + 0.03 = 0.05

- Now for part e)

   We are asked for a conditional probability of the form as follows:

            P ( R' | T ) = P ( R' & T ) / P ( T )

   First compute the probability that next news source is not Radio provided it is already a source of TV.                              

            P ( R' & T ) =  P( only T ) + P ( only T & N ) = 0.05 + 0.42 - 0.03 = 0.44

Hence,

            P ( R' | T ) = 0.44 / 0.7

            P ( R' | T ) = 0.62857

- Now for part f)

   We are asked for a conditional probability of the form as follows:

            P ( T' | N ) = P ( T' & N ) / P ( N )

   First compute the probability that next news source is not TV provided it is already a source of Newspaper.                              

            P ( T' & N ) =  P( only N ) + P ( only R & N ) = 0.05 + 0.18 - 0.03 = 0.2

Hence,

           P ( T' | N ) = 0.2 / 0.62

           P ( T' | N ) = 0.32258

- Now for part g)

   We are asked for a conditional probability of the form as follows:

            P ( R' | N ) = P ( R' & N ) / P ( N )

   First compute the probability that next news source is not Radio provided it is already a source of Newspaper.                              

            P ( R' & N ) =  P( only N ) + P ( only T & N ) = 0.05 + 0.42 - 0.03 = 0.44

Hence,

            P ( R' | N ) = 0.44 / 0.62

            P ( R' | N ) = 0.70968

- Now for part h)

   We are asked for a conditional probability of the form as follows:

            P ( T' | N&R ) = P ( T' & N & R) / P ( N & R )

   First compute the probability that next news source is not TV provided it is already a source of both radio and Newspaper.                              

            P ( T' & N & R) = P ( only N & R ) = 0.18 - 0.03 = 0.15

Hence,

            P ( T' | N&R ) = 0.15 / 0.18

            P ( T' | N&R ) = 5/6

6 0
2 years ago
the width of a rectangle is x centimetres and its length is (x+ 2) cm. Write down an expression for the perimeter of the rectang
yKpoI14uk [10]

Given:

The width of a rectangle is x centimeters and its length is (x+ 2) cm.

To find:

The expression for the perimeter of the rectangle.

Solution:

We know that, perimeter of a rectangle is

Perimeter=2(Length+Width)

We have,

Width = x cm

Length = (x+2) cm

Putting these values in the above formula, we get

Perimeter=2((x+2)+x)

Perimeter=2(2x+2)

Perimeter=2(2x)+2(2)

Perimeter=4x+4

Therefore, the required expression for the perimeter of the rectangle is (4x+4) cm.

6 0
2 years ago
Simplify the expression. 9r 3r2 – 5r 7
Ksenya-84 [330]
Your final answer is going to be 4r + 3r ^2 +7
7 0
3 years ago
Read 2 more answers
What is 7 - (-4) ? I got -24
koban [17]

Answer:

11

Step-by-step explanation:

7-(-4) is 11. You must make the subtraction symbol in the middle to addition, since you have 2 negatives. Two negatives = postive. So after you do that it would be 7+4=11

Hope this helped!

6 0
3 years ago
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