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2 years ago

You are provided with the following information for Sandhill Co., effective as of its April 30, 2022, year-end.

Business

1 answer:

Ray Of Light [21]2 years ago

7 0

Answer:

SANDHILL CO.

Income Statement

For the Year Ended April 30, 2022

<u>Revenues</u>

Sales revenue $6,200

<u>Expenses</u>

Cost of Goods Sold $1,000

Depreciation expense $315

Income tax expense $175

Insurance expense $360

Interest expense $460

Salaries & Wages expenses <u>$850</u>

Total Expenses <u>$3,160</u>

Net Income <u>$3,040</u>

<u />

SANDHILL CO.

Retained Earnings Statement

For the Year Ended April 30, 2022

Retained Earnings, May 1, 2021 $1,700

Add: Net Income <u>$3,040</u> $4,740

Less: Dividends <u>$310 </u>

Retained Earnings, April 30, 2022 <u>$4,430</u>

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Yuliya22 [10]

Answer:

Share your vision with them. Let employees know our plans for your company and your products and services. ...

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Reward them for building relationships with customers.

Explanation:

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3 years ago

Read 2 more answers

Correcting a market with an externality through taxation is _________ correcting it through a set output target from command and

Kipish [7]

Correct question:

Correcting a market with an externality through taxation is _________ correcting it through a set output target from command and control.

Group of answer choices

A. less efficient than

B. as efficient as

C. either more or less depending on the elasticity of demand

D. more efficient than

Answer:

Correcting a market with an externality through taxation is (A) less effective than correcting it through a set output target from command and control.

<h3>Correcting a market with taxation:</h3>

The government can discourage the consumption of harmful products by raising taxes on them.
Cigarette and alcohol taxes, for example, are raised on a regular basis to discourage their consumption and limit their adverse impacts on unconnected third parties.

<h3>Command and control strategies:</h3>

Command and control is a sort of environmental regulation that allows policymakers to expressly regulate both the amount and the procedure by which a company should maintain environmental quality.
Correcting marketing is more effective than correcting manufacturing through taxation.

<h3>Reason -</h3>

As it is stated above Correcting marketing is more effective than correcting manufacturing through taxation.

Therefore, Correcting a market with an externality through taxation is (A) less effective than correcting it through a set output target from command and control.

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brainly.com/question/2626419

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2 years ago

On a normal roadway, a driver in Lane Position 2 may be preparing to __________ .

dexar [7]

Exit the roadway. Hope this helps!

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3 years ago

A production possibilities frontier identifies the dollar cost of producing a good or service in an economy. True or False

belka [17]

Answer:

A production possibilities frontier identifies the dollar cost of producing a good or service in an economy.

True

Explanation:

Cost of producing could be envisaged through budgeting where the variable cost, fixed cost and total cost is expected to be calculated either through rough estimate.

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3 years ago

g When a monopolistically competitive industry is in long-run equilibrium: Multiple Choice price equals marginal cost. firms ear

kozerog [31]

Answer:

price equals minimum average total cost

Explanation:

As we know that in the short run, the firms earns the economic profit but in the long run when a new firm is entered into the indusry and there is a market share so the demand of the market is to be shared by each firm due to which the demand would be less

So this represents that price is equivalent to the average total cost

Hence, the last option is correct

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3 years ago