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Pavel [41]
3 years ago
6

1.2 Which of the following is not a nominal account?

Business
1 answer:
bonufazy [111]3 years ago
8 0

Answer:

i can say is capital

Explanation:

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Calgary Industries is preparing a budgeted income statement for 2018. Predicted sales for the year are $730,000 and cost of good
NeTakaya

Answer:

$186,900

Explanation:

The gross profit is the difference between the sales revenue and the cost of good sold. The gross profit percentage is the ratio of gross profit to net sales expressed as a percentage.

As such, the net operating income/loss is the difference between the sales and the total costs .

To get the net income, we would first get the gross income.

Gross income

= $730,000 - (40% * $730,000)

= $438,000

Next we must compute the net income before tax. This is the difference between the gross income and the operating expenses

= $438,000 - $90,000 - $81,000

= $267,000

Income tax expense = 30% * $267,000

= $80,100

budgeted net income for 2018

= $267,000 - $80,100

= $186,900

8 0
3 years ago
The starting point in preparing a master budget is the preparation of the select one:
Nat2105 [25]
B) Sales Budget is the answer.
5 0
3 years ago
The process of conducting business on an international scale is a part of _____. globalization Communism mercantilism Socialism
Vlad [161]

The answer is globalization.  This is when you are now bringing your economy from domestic to international level where you are now engaging in business transactions with other countries overseas. There will be many hurdles but these are necessary when competing in the global market.

7 0
3 years ago
Read 2 more answers
____________________________________ tries to welcome participation by all organizational members and to view each person as val
vladimir2022 [97]

Human Resources Management welcomes participation by all organizational members and views each person as valuable to the organization instead of focusing primarily on productivity

<h3>What is Management?</h3>

This refers to controlling and organizing people and things for better and more effective productivity or output.

Hence, we can see that there are different types of management, and based on this, they have varied characteristics, but the kind of management that focuses on individuals, rather than productivity is human resources.

Read more about human resources here:

brainly.com/question/25443563

#SPJ1

6 0
1 year ago
The following is an example of the reasoning of a rule utilitarian:
Aleks [24]

Answer:

The correct answer is the option B: False.

Explanation:

To begin with, the concept of <em>"Rule Utilitarism"</em> refers to a type of utilitarism in where the main characteristic is in the belief that an action is right when it conforms to a rule that leads to the greatest good. Therefore that under this type of ideology, the utilitarians believe that an action would be right when the amount of good that it brings is greater than the action itself. And that is why that for an utilitarian to steal would not be wrong in the case that a greater good would come afterwards for the majority, so that means, better consequences.

7 0
3 years ago
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