All categories

3 years ago

Match each sentence to the term It's describing.

Business

1 answer:

VikaD [51]3 years ago

6 0

Answer:

I dont know the answer but im doing it right now what did you put and get

Explanation:

and what did you make on it

You might be interested in

Sidewinder, Inc., has sales of $658,000, costs of $334,000, depreciation expense of $79,000, interest expense of $44,000, and a

Lynna [10]

Answer:

The addition to retained earnings is $84,790.

Explanation:

Sales of $658,000

Costs of ($334,000)

Gross Income $324,000

Depreciation expense ($79,000)

Income before interest and Tax $245,000

Interest expense ($44,000)

Income before tax $201,000

Tax 21 % ($42,210)

Net Income $158,790

Addition to retained Earning = Net Income - dividend paid

Addition to retained Earning = $158,790 - $74,000

Addition to retained Earning = $84,790

3 0

3 years ago

Calendars are useful to track homework assignments.

mars1129 [50]

Answer:

true answers and please give me answer

8 0

2 years ago

Read 2 more answers

The Miller Company earned $133,000 of revenue on account during Year 2. There was no beginning balance in the accounts receivabl

horsena [70]

Answer:

The net realizable value of Miller's receivables at the end of Year 2 was: $42,010

Explanation:

Open a Trade Receivable Account as follows :

Debits :

Revenue $133,000

Totals $133,000

Credits:

Cash $87,000

Balance $46,000

Totals $133,000

Note that Allowance for Doubtful debts is estimated at 3% of the Company`s Sales on Account

Allowance for Doubtful debts = $133,000 × 3%

= $ 3, 990

Net realizable value of Miller's receivables

Trade Receivable Balance $46,000

Less Allowance for Doubtful Debts $3,990

Trade Receivables $42,010

4 0

4 years ago

Gary Marks is paid on a monthly basis. For the month of January of the current year, he earned a total of $8,838. FICA tax for S

statuscvo [17]

Answer: $1,110.11‬

Explanation:

The Employer is to pay and withhold all taxes except the income tax withheld so the employer's payroll tax expense will be;

= Social Security Tax + Medicare tax + FUTA + SUTA

= ( 0.062 * 8,838) + ( 0.0145 * 8,838) + ( 0.008 * 7,000) + ( 0.054 * 7,000)

= 547.96 + 128.15 + 56 + 378

= $1,110.11‬

SUTA and FUTA are payable on first $7,000 of an employee's pay.

3 0

3 years ago

g The difference between the small business owner and the entrepreneur is that the entrepreneur: Group of answer choices assumes

Vinvika [58]

Answer: The entrepreneur assumes the risk of the business

Explanation:

An entreprenuer is a person that's bears the risk and controls the other resources such as the land , labour and the capital.

Also, we should note that the entrepreneur either makes a profit or loss. The difference between the small business owner and the entrepreneur is that the entrepreneur assumes the risk of the business

8 0

3 years ago