Answer:
B.) Net income = $10; Comprehensive income = $30.
Explanation:
The computation and effect of these two events increase net income and comprehensive income is shown below:
Since there is a gain on sale of investment so it increased the net income
So the net income would be increased by $10
And, there is an Unrealized gain on investment from an increase in fair value of $20
So, the comprehensive income increased by
= $10 + $20
= $30
Hence, the correct option is B
Answer:
Revenue variance $1800<u> </u>Favorable
Explanation:
<em>Revenue variance is the difference between the actual revenue and the standard revenue from the actual units sold. It is can be determined as follows:</em>
Revenue variance
$
Revenue from 32 units (32× 3,800) 121,600
Actual revenue <u>123,400</u>
Revenue variance <u> 1800 </u>Favorable
Revenue variance $1800<u> </u>Favorable
Answer:
a. revenue (R), affecting owner's investment (I)
b. not affecting owner's equity (NOE)
c. expense (E) and affecting owner's investment (I)
Explanation:
Revenues and Expense form Profits which are included in the statement of changes in equity through the Retained Income line item, thus these two also affect owners investment.
Answer:
Answer for the question:
oselli Animation plans to offer its employees a salary enhancement package that has revenue sharing as its main component. Specifically, the company will set aside 2% of total sales revenue for year-end bonuses. The sales are expected to be $5 million the first year, $5.5 million the second year, and amounts increasing by 10% each year for the next 5 years. At an interest rate of 6% per year, what is the equivalent annual worth in years 1 through 5 of the bonus package?
is given in the attachment.
Explanation:
Answer:
You so good I just got home from teowywyiwowywb jaiwjsisksn jsksksns. S
Explanation: of how ueowhsjsjajsj jaksksk
Ikieisjskksjw
