Answer:
what was the company’s revenue for 2022?
$3802000
Explanation:
Beginning RE + Net Income (Profit or Loss) – Dividends = Ending RE
retained Earnings 928000
begining Equity 1285000
issued 1262000
Pid dividens 242000
928000+profit-3500000-242000=988000
Profit=988000-928000+3500000+242000
Revenue=3802000
The answer is: D. Direct Subsidized Loan
The main characteristic of a Direct Subsidized Loan is that the loan interest is set at a fixed rate by the government and would not be accrued. This means that even if the student in financial needs somehow late in making payments, the amount of his/her total loan would not be increased.
The correct answer that would best complete the given statement above would be the first option: FORCE. <span>Phil</span><span> wanted the computer that Amy had, so he just took it. This is an example of distribution by force. Distribution by force often happens when someone is getting more if they have more power. This kind of distribution often leads to conflict. </span>
Answer:
a. $8.0 million; $1.22 million
Explanation:
The computation is shown below:
As we know that
Basic earnings power = EBIT ÷ total assets
So,
EBIT = Basic earnings power × total assets
= 0.20 × 40 million
= $8 million
Now
Times interest earned = EBIT ÷ interest expense
So,
Interest expense = EBIT ÷ Times interest earned
= $8 million ÷ 6.55
= $1.22 million
Answer:
$3,400
Explanation:
The total amount of estimated manufacturing overhead is calculated as;
= Salary of production supervisor + Indirect materials + Rent on factory equipment
Given that;
Salary of production supervisor = $2,000
Indirect materials = $400
Rent on factory equipment = $1,000
Therefore, Estimated manufacturing overhead ;
= $2,000 + $400 + $1,000
= $3,400