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4 years ago

Question 5 of 23

Business

1 answer:

Veseljchak [2.6K]4 years ago

0 0

Answer:

billable rates

Explanation:

Since in the question it is mentioned that Alice is not sure about the labor rate that used in the project budget so here the billable rate should be used as it refers to the rate that billed for the amount of work done with respect to the project. It is to be charged upon the number of hours worked

Therefore in the given situation, the correct option is third i.e. billable rates and the same is to be considered

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Revenues, expenses, gains, losses, and income tax related to a(n) must be removed from continuing operations and reported separa

Alexus [3.1K]

Revenues, expenses, gains, losses, and income tax related to "disconnected operation" must be removed from continuing operations and reported separately on the income statement.

<h3>What is disconnected operation?</h3>

In the event that a shared data repository has brief outages, disconnected operation allows a client to keep using it to obtain vital information.

The examples of disconnected operations are-

closure of a poorly performing section.
merger-related redundancies
a product line's sale
discontinuing services that are no longer needed.

Some key features of disconnected operations are-

Parts of a company's operations that have been sold off or discontinued are referred to as discontinued operations in accounting.
They are listed separately from continuing operations on the income statement.
Understanding which assets are being sold off when companies merge might help to clarify how a company will generate revenue in the future.

To know more about the income statement, here

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2 years ago

r-ruslan [8.4K]

Answer:

Popular Commands.

Explanation:

To creat a new tab on Microsoft Powerpoint, , Popular command is the set of command that will be make available for the user, this popular command are composed of those action needed when making a presentation such as bring forward,Animation Commands,. Bring to Front and others.

3 0

3 years ago

Cory issued a note to his creditor in exchange for an account. Cory records the transaction by debiting

Taya2010 [7]

The answer is D. a debit to accounts payable and a credit to notes payable. This is because Cory issued a note to his creditor as a promise that he will pay the creditor. With this, he will be gaining a Notes Payable, or a promissory note stating that he will pay, and will be losing an Accounts Payable. So according to the rules of accounting, if a liability is debited, then it will be lessened from the books of the business. If a liability is credited, however, then it will be added to the records of the business.

3 0

4 years ago

Read 2 more answers

Leary Corporation had net credit sales during the year of $1,200,000 and cost of goods sold of $720,000. The balance in accounts

Bumek [7]

Answer:

Accounts Receivable Turnover = 8.0 Times

Explanation:

given data

net credit sales = $1,200,000

cost of goods sold = $720,000

accounts receivable beginning = $120,000

accounts receivable ending = $180,000

to find out

What was the accounts receivable turnover

solution

we get here accounts Receivable Turnover that is express as

Accounts Receivable Turnover = Net Credit Sales ÷ Average Accounts Receivable .................1

here Average Accounts Receivable is = Opening Accounts Receivable + Closing Accounts Receivable .................2

Average Accounts Receivable = $\frac{$1,20,000+$1,80,000}{2}$

Average Accounts Receivable = $1,50,000

so put value in equation 1

Accounts Receivable Turnover = $\frac{12,00,000}{1,50,000}$

Accounts Receivable Turnover = 8.0 Times

4 0

3 years ago

A theater is presenting a program on drinking and driving for students and their parents or other responsible adults. The procee

Tpy6a [65]

Answer:

100 adults and 50 students should attend

and,

The maximum amount raised = $250

Explanation:

Given:

Admission for adults = $2.00

Admission for students = $1.00

Total persons that can be held in theater = 150

For every 2 adults there must be 1 student

let the number of adults be 'x' and the number of students be 'y'

thus,

we can write the above constraints mathematically as:

x + y = 150 ...............(1)

and,

x = 2y .....(2) (for 1 student i.e y = 1, there should be 2 adults i.e x = 2 × 1 = 2)

substituting the 'x' from 2 in the equation 1, we get

2y + y = 150

y = 50

Thus,

x = 2 × 50 = 100 (from equation 2)

Hence,

100 adults and 50 students should attend

and,

The maximum amount raised = $2 × 100 + $1 ×50 = $250

7 0

3 years ago