Answer:
a passive
Explanation:
Passive behavior is when an individual decides not to act or react but follow what others want. In passive, an individual does not express their feeling or thoughts. They remain inactive and allows others to take control. behavior
Marty attended the meeting but decided not to make any contributions. By deciding to follow the flow, he exhibited passive behavior. Marty felt angry because he failed to express his honest feelings, thoughts, and beliefs. He violated his rights to speak and be heard.
Answer:
d. $14,888
Explanation:
Wendy's total deductions will be the sum of $5,522, $7,240, and $2,126.
Total deductions will be $5,522 + $7,240 + $2,126 =$14,888
Answer: Please see explanation for answer
Explanation:
Journal entry to record sale of bonds
Account titles Debit Credit
Cash $50,000,000
Bonds Payable $50,000,000
Answer:
<em>a)Corrected net income= $97,000</em>
<em>b) Total assets figure is understated.</em>
Explanation:
<em>To arrive at the net income, cost of goods sold is usually deducted from the sales revenue. An cost of sold is determined by subtracting the value of inventory. So an understated inventory would mean an overstated </em><em>cost of goods sold </em><em>and </em><em>understated net income</em>
<em>Correct net income = 90,000 + 7,000</em>
<em> = $97,000</em>
<em>Inventory is part of current assets s reported in the balance sheet . Therefore, if inventory is understated it implies that the current assets figure is understated and therefore the</em><em> total assets figure is understated.</em>
<em />
Answer:
$45,800
Explanation:
Coronado Industries
Cost of Equipment $762,00
Accumulated Depreciation
( $762,000 - 45,000 ) /10*9 years
=$717,000/10×9 years
=71,700×9 years
=$645,300
Therefore Dec 31,2012 book value of equipment will be:
= $762,000 - $645,300
= $116,700
Equipment sold $162,500
The gain to be recognize will be
= $162,500 - $116,700
= $45,800
1 January ,2012 to 31 December,2020 will give us 9 years
