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iogann1982 [59]
3 years ago
9

Waterway Industries started the year with total assets of $314000 and total liabilities of $254000. During the year the business

recorded $626000 in revenues, $327000 in expenses, and dividends of $61000. The net income reported by Waterway Industries for the year was
Business
1 answer:
Yuri [45]3 years ago
3 0

Answer:

the  net income reported by Waterway Industries for the year was $299,000

Explanation:

The computation of the net income reported is as follows:

As we know that

Net income = Revenue - expenses

= $626,000 - $327,000

= $299,000

hence, the  net income reported by Waterway Industries for the year was $299,000

The same should be considered

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Jennifer Schwab is an investor in The Handy Man Pro Shops. On January 1, she purchased 225 shares of stock at a price of $15 per
Tju [1.3M]

Answer:

C. $3,375

Explanation:

Calculation for the value of this stock on the company's balance sheet on December 31

Stock value= 225 shares* $15 per share

Stock value=$3,375

Therefore the value of this stock on the company's balance sheet on December 31 will be $3,375

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3 years ago
What is a primary concern when planning wlan deployments within the government vertical market?
defon

The primary concern is security.

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A firm has redesigned its production process so that it now takes 10 hours for a unit to be made. Using the old process, it took
Citrus2011 [14]

Answer:

Reduction in work in progress = $7500

Explanation:

given data

time = 10 hours

time = 15 hours

worth  = $1,500

to find out

reduction in work in process value

solution

we find work in progress   by this formula

work in progress  = Flow rate  × Cycle Time     .......................1

so Initial work in progress is

Initial work in progress   = (1 per hour)  × 10 hours = 10

and Final work in progress is here

Final work in progress   = (1 per hour) × 15 hours = 15

so

Initial work in progress   value = 10  × 1500

Initial work in progress   value= $15000

and

Final work in progress    value =15  × 1500

Final work in progress    value = $22500

so

Reduction in work in progress = $22500 - $15000

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4 0
3 years ago
Please help
vitfil [10]
A analytical and b interpersonal
6 0
3 years ago
Read 2 more answers
The Nelson Company has $1,312,500 in current assets and $525,000 in current liabilities. Its initial inventory level is $380,000
Sedbober [7]

Answer:

company can value of $190909.1

Explanation:

Given data:

current assets = $1,312,500

current liabilities =  $525,000

initial inventory level is $380,000

current ratio = 2.2

current liabilities is calculated as = \frac{Current/ Assets}{current/ ratio}

plugging all value  in above relation

current liabilities= \frac{1312500}{2.2}

current liabilities = $ 596590.90

and we know  current liabilities is  $525,000. Thus company can value of $190909.1

8 0
3 years ago
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