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Art [367]
2 years ago
7

Construct the Barron​ Pizza, Inc. income statement for the year ending 2015 with the following information ​(the dollar amounts

are in thousands of dollars​):
Shares​ outstanding: $16,732,000
Tax​ rate:37.5%
Interest​ expense:​$6,173
​Revenue:​$889,451
​Depreciation:​$31,293
​Selling, general, and administrative​ expense:​$77,430
Other​ income:​$1,102
Research and​ development:$4,198
Cost of goods​ sold:$750,796
Business
1 answer:
Troyanec [42]2 years ago
5 0

Answer:

any want zo. om. id=2139350377

pass=7neBw6

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Answer:

b

Explanation:

Form utility is a type of nullity that occurs as a result of the design of the product or service itself.

Time utility exists when a company makes a good or service available to consumers at the time that is most desirable or convenient for them.

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7 0
3 years ago
When Argentina fixed the exchange rate of their peso to the U.S. dollar, one outcome was: Group of answer choices Argentinean ce
MariettaO [177]

Answer: Argentinean central bankers effectively gave control of their domestic interest rate to the FOMC.

Explanation:

The Federal Open Market Committee(FOMC) is a committee of the Federal Reserve which influences the interest rate in the country by engaging in Open Market Operations (OMO). In doing so, they also influence the value of the dollar which is the currency of the U.S.

By pegging the Argentine Peso to the U.S. dollar, the Argentines effectively gave control of their domestic interest rate to the FOMC because the FOMC in deciding the interest rate for the U.S. and therefore the dollar, will be deciding for any other currency that moves exactly as the dollar does which is what the Peso is now going to do.

8 0
2 years ago
On January 1, 2019, Smith, Inc., has the following balances for accounts receivable and allowance for doubtful accounts: Account
slava [35]

Answer:

1. $372,150

2. $650

Explanation:

1. Smith's preadjustment balance in accounts receivable on December 31, 2019:

= Accounts Receivable on January 1, 2019 + Credit sales - Collected accounts receivable - uncollectible accounts receivable

= $386,000 + $2,895,000 - $2,905,000 - $3,850

= $372,150

2. Smith's preadjustment balance in allowance for doubtful accounts on December 31, 2019:

= Allowance for Doubtful Accounts (a credit balance) on January 1, 2019 - uncollectible accounts receivable

= $4,500 - $3,850

= $650

3. The Journal entry is as follows:

Bad Debt Expense ($3,800 - $650) A/c Dr. $3,150

           To Allowance for Doubtful Accounts           $3,150

(Record adjusting entry for bad debt expense estimate)

5 0
3 years ago
When a person sells a stick for a profit he needs to know that
Marysya12 [62]

Answer:

He needs to know that it is not a scam and that its gonna be a fair I give you give.

Explanation:

7 0
2 years ago
T-comm makes a variety of products. it is organized in two divisions, north and south. the managers for each division are paid,
Crazy boy [7]

Answer:

                                                Total           Per Unit

Materials                                        $155,200            $96

Direct labor                                 $57,600            $48

Other costs varying with output $34,800            $29

<u>Fixed costs                               $540,000          $450   </u>

Total costs                                $747,600          $623

Since South is going to increase its production by 300 more units to be able to sell them to North, that would change the average fixed cost per unit = $540,000 / 1,500 units = $360 per unit.

Therefore the total cost per unit = $96 + $48 + $29 + $360 = $533 (instead of $623).

Since South charges its sales to North a 20% margin, the selling price per unit should = $533 x 120% = $639.60 and the total invoice for the 300 units = $639.60 per unit x 300 units = $191,880

4 0
3 years ago
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