1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
gtnhenbr [62]
3 years ago
9

Question 5 of 10

Business
2 answers:
Sonbull [250]3 years ago
5 0

Answer:

A. By preserving the value of deposits while laoning deposited money to others.

Explanation:

I Got it right on my test.

PSYCHO15rus [73]3 years ago
3 0

Answer:A

Explanation:

You might be interested in
A merchandising company's sales budget indicates the following sales: January: $25,000; February: $30,000; March: $35,000. Sales
Svetradugi [14.3K]

Answer:

The total selling expenses for the quarter will be $25,800

Explanation:

The computation of the total selling expenses for the quarter is shown below:

= Salaries + commission + Advertising

where,

Salaries = Expected salaries × number of months in one quarter

             = $5,000 × $3

             = $15,000

Commission = (January sales +  February Sales + March Sales) × Commission percentage

= ($25,000 + $30,000 + $35,000) × 10%

= $9,000

And, the adverting equal to

= Expected advertising expenses × number of months in one quarter

= $600 × 3 months

= $1,800

Now put these values to the above formula

So, the value would be equal to

= $15,000 + $9,000 + $1,800

= $25,800

3 0
3 years ago
Hercules Workout World gains a client who prepays $ 660 for a package of six physical training sessions. Hercules Workout World
Sergeu [11.5K]

Answer:

Service revenue of $ 440

Explanation:

When the customer prepays, the revenue is yet to be earned hence the entries required would be a debit to cash account and a credit to unearned or deferred revenue.

As the service is rendered and revenue is earned, debit the deferred revenue account and credit the revenue account with the amount earned.

Since $660 was collected for 6 training sessions

Revenue from a training session

= 1/6 × $660

= $110

After 4 training sessions, revenue earned and to be recognized in the income statement

= 4 × $110

= $440

8 0
3 years ago
Irene Watts and John Lyon are forming a partnership to which Watts will devote one-half time and Lyon will devote full time. The
Andru [333]

Answer:

which subject questions

3 0
3 years ago
Question:
Oduvanchick [21]

A purpose of government regulation in a mixed-market economy is to protect  A) Property rights

3 0
4 years ago
Using the following information, prepare a vertical analysis of two years' income statements. Fees Earned is $153,500 for Year 2
ValentinkaMS [17]

Answer:

(B) Operating income has increased as a percentage of revenue

Explanation:

Conducting a vertical analysis,

Operating income (year 1) = Fees earned, less operating expenses

= 149,700 - 127,245 = $22,455

Therefore operating income as a percentage of revenue = 22,455/149,700 = 15%.

Operating income (year 2) = 153,500 - 122,800 = $30,700

Therefore operating income as a percentage of revenue = 30,700/153,500 = 20%.

Therefore, operating income as a percentage of revenue increased from year 1 to year 2.

7 0
3 years ago
Other questions:
  • Which of the following factors will help the United States regain comparative advantages in industries in which it has lost comp
    6·1 answer
  • On July 1, 2019, Cullumber Company pays $12,000 to Kalter Insurance Co. for a 3-year insurance contract. Both companies have fis
    9·1 answer
  • The following information was taken from Baxter Department Store's financial statements:
    15·1 answer
  • Within some types of land use, business location may be determined by the type of service or products that are offered to consum
    13·1 answer
  • "A customer who is long 1 ABC Jan 40 Call wishes to create a "bear call spread." The second option position that the customer mu
    6·1 answer
  • please subscribe my mom's channel those who subscribed my mom's channel I will mark as brainlylist,thnx and follow 101 % gaurant
    7·1 answer
  • During an interview, _______________questions require you to use your own experiences and attributes to craft answers and often
    10·1 answer
  • After a business designates categories of expense in its budget, it a: applies a formula. b: appoints an accountant. c: allocate
    15·1 answer
  • ______ for an expatriate is the combination of many types of payments or reimbursements and must take into consideration exchang
    14·1 answer
  • The recession of 20072009 made many consumers pessimistic about their future incomes. how does this increased pessimism affect t
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!