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d1i1m1o1n [39]
3 years ago
6

Charlie's Chocolates' owner made investments of $66,000 and withdrawals of $28,000. The company has revenues of $99,000 and expe

nses of $72,000. Calculate its net income.
Business
1 answer:
Svetlanka [38]3 years ago
7 0

Answer:

$27,000

Explanation:

Charlie's chocolate has investments of $66,000

Withdrawals is $28,000

The company revenues is $99,000

Expenses is $72,000

Therefore the net income can be calculated as follows

= Revenue - expenses

= $99,000-$72,000

= $27,000

Hence the net income is $27,000

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Explanation:

The adjusting entries are as follows

1.  Insurance expense A/c Dr $2,300

                    To Prepaid insurance A/c $2,300

(Being the insurance expense is recorded)

The computation is shown below:

= $2,300 ÷ 6 months × 6 months

= $2,300

2.  Supplies expense A/c Dr $8,950

                 To Supplies A/c $8,950

(Being supplies account is adjusted)

The supplies expense is computed by

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= $7,200 + $3,100 - $1,350

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8 0
3 years ago
An economy consists of three workers: Kevin, Rajiv, and Yakov. Each works 10 hours a day and can produce two services: mowing la
Elan Coil [88]

Answer:

1. 40 lawns

2. 40 washed cars

3. 20 lawns, 20 washed cars

4. 25 lawns mowed, 25 washed cars

Explanation:

In the given question,

A) When all three spend all their time mowing lawns that is

Kevin= 2 X 10 hrs = 20

Rajiv = 1 x 10 hrs = 10

Yakov = 1 x10 hrs = 10

Total mowed lawns will be= 20 +10 + 10 = 40 lawns.

B) When all three spend their time washing cars

Kevin =  1 x 10 hrs = 10

Rajiv = 1 x 10 hrs =10

Yakov = 2 x 10 hrs = 20

Total cars washed= 20 +10 + 10

C) when all three people spend their half time on each activity

Kevin  = 2 x 5 hours = 10

Rajiv =  1 x 5 hrs = 5

Yakov1 x 5 hrs = 5

Total lawn mowed will be= 10 + 5 + 5 = 20 therefore time spent on car washing will be 20 hrs.

D) Time on the mowing of the lawn will be =

Kevin =  2 x 5 hrs = 10

Rajiv = 0

Yakov = 1 x 10 hours = 10

Time on the washing of the car will be 20 hrs

Kevin = 1 x 5

Rajiv =  1 x 10

Yakov = 0

Total time = 15 hrs

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3 years ago
You have collected data on the number of U.S. households actively using online banking and/or online bill payment from 1995 to 2
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Answer:

D

Explanation:

time-series plot is a data visualization graph that illustrates data points at successive intervals or time.

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4 years ago
Jake serves on a committee of employees who were charged with selecting three co-workers to honor at the holiday banquet. One em
rjkz [21]

Answer:

3. How does the action I am proposing to take make me feel about myself?

Explanation:

According to Norman Vincent Peale, the following questions should be asked by Jake as he proceeds to make an ethical decision: How does the action I am proposing to take make me feel about myself?

According to Kenneth Blanchard and Norman Vincent Peale, authors of The Power of Ethical  Management, there are three questions you should ask yourself whenever you are faced with an  ethical dilemma:

1. Is it legal? Will I be violating civil law or company policy? Will I be violating the student code  of conduct?  

2. Is it balanced? Is it fair to all parties concerned both in the short-term as well as the longterm?  Does it promote win-win relationships?

<u>3. How will it make me feel about myself? Will it make me proud? Would I feel good if my  decision was published in the newspaper? Would I feel good if my family knew about it? </u>

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3 years ago
A 53 year old new patient was seen today for a level 2 visit.
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How is this a question?
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3 years ago
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