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loris [4]
2 years ago
14

Healy Corporation recorded service revenues of $200,000 in 2014, of which $80,000 were on credit and $120,000 were for cash. Mor

eover, of the $80,000 credit sales for 2014, Healy collected $20,000 cash on those receivables before year-end 2014. The company also paid $40,000 cash for 2014 wages. Its employees also earned another $20,000 in wages for 2014, which were not yet paid at year-end 2014.
Compute the company’s net income for 2014.
Business
2 answers:
Luba_88 [7]2 years ago
6 0

Answer:

$140,000

Explanation:

Computation of the company’s net income for 2014.

Using this formula

Net income=Revenue – Expenses

Let plug in the formula

Net income=$200,000 - $40,000+$20,000

Net income= $140,000

Therefore the company’s net income for 2014 will be $140,000

vichka [17]2 years ago
3 0

Answer:

$140,000

Explanation:

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The Western and Pacific Railroad has two divisions, the Western Division and the Pacific Division. The company recently invested
slava [35]

The amount of track improvement cost that should be allocated to the Western Division is  $3,200,000.

<h3>What amount should be allocated to Western Division?</h3>

The amount that should be allocated to Western Division is a function of the miles travelled on the Western division.

The amount to be allocated to Western Division : (miles travelled on Western division / total miles travelled) x cost of the revision

  • miles travelled on Western division = 800,000 miles
  • total miles travelled = 1,200,000 + 800,000 = 2,000,000 miles

The amount to be allocated to Western Division : (800,000 / 2,000,000) x 8,000,000  = $3,200,000

To learn more about cost, please check: brainly.com/question/25717996

#SPJ1

7 0
2 years ago
Syncadia Inc. believes in focusing on hiring the best talent rather than hoping to develop mediocre talent over time. It can be
ale4655 [162]

Syncadia's talent management strategy invests more in employee selection than in  employee training.

<h3>What is Employee Selection and Training?</h3>

Employee Selection is the process whereby Organisations recruit individuals with the desired skills and qualifications for a particular Job role.

Employee training is a process whereby organisation recruit individuals with the plan to teach the specific knowledge or skills in order for them to be able to perform their current roles.

Because Employee training is expensive and focuses on employee  future performance,many organisation recently would  rather opt for the right person that matches the required job role.

Hence,  we can conclude that Syncadia's talent management strategy invests more in employee selection than in employee training.

Learn more on employee training here:brainly.com/question/15396057

6 0
2 years ago
The greatest amount of foreign exchange trading takes place in the following three cities:
irina1246 [14]

Answer:

The correct answer is letter "A": New York, London, and Tokyo.

Explanation:

New York City is still considered the world center for <em>foreign exchange</em> (forex) trading only followed by London and Tokyo. The main currencies being traded are the <em>U.S. dollar (USD), Euro (EUR) </em>and <em>the Japanese yen (JPY)</em>. Some analysts believe soon the <em>Chinese renminbi (CNY)</em> will take an important place among the previously mentioned three currencies.

8 0
3 years ago
If the X series denote experience and Y series denote performance and values of X series are 16, 12, 8, 9, 18, 9, 11, 16, 15, 3
ira [324]

Answer:

-0.2245

Explanation:

Given the data :

X series :

16

12

8

9

18

9

11

16

15

3

Y series :

23

22

24

18

16

15

28

18

25

24

Using technology, the correlation coefficient value for the model whose data is given above is - 0.2245 which depicts that a weak negative relationship exists between the X series values varibale and Yseries variable. Our conclusion was inferred from the fact that - sign denotes negative and values close to zero denotes a weak association between the plotted variables.

4 0
3 years ago
c. Describe the role a sales person would play in selling this type of product. How much help would customers be likely to need
arlik [135]

Answer:

They would help the product that they are selling sell better and would provide examples that would help the product sell better. The better the product sells the better the sales person gets paid. they would likely need not much help sense a sales person is mostly just for the company to sell their product or service well.

Explanation:

I hope this helped

4 0
2 years ago
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