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valentinak56 [21]
3 years ago
5

On December 31, Hawkins records show the following accounts.

Business
1 answer:
Korvikt [17]3 years ago
7 0

The preparation of the income statement is as follows:

<u>Income statement </u>

Service revenue $ 16,000

Less:

Wages Expense $8,000

Rent Expense $1,500

Utilities Expense $700

Total expenses $10,200

Therefore we can conclude that the net income is $10,200.

Learn more about the net income here: brainly.com/question/15570931

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A business student is preparing for the Graduate Management Admission Test (GMAT) so he can get into a good graduate business sc
kogti [31]

Answer:

For the parties to connect, there seems to be no way.

Explanation:

Marketing should be about fulfilling the expectations and wishes of consumers, generating demand, influencing different players, requiring interaction that can be carried out by the other groups and individuals.

<u>For marketing, this same four components needed are:</u>

  • Two or maybe more parties to expectations that are unmet.
  • An appetite and capacity to be fulfilled on their part.
  • A means enough for parties to connect.
  • To share everything.

And according to the format prescribed throughout the problem, the business student realized he wanted a tutor for his performance to be enhanced. He discovered that throughout his local neighborhood, a wonderful teacher is readily accessible but uncertain of her identification to express it. He can interact with her towards his tuitions across multiple channels as she contributes to something like the surrounding community.

5 0
4 years ago
Read 2 more answers
Drag the tiles to the correct boxes to complete the pairs.
aleksandr82 [10.1K]
Tha is thanks for the free 8 points
7 0
3 years ago
The expected average rate of return for a proposed investment of $5,330,000 in a fixed asset, using straight-line depreciation,
Nitella [24]

Answer:

The Expected Average Rate of Return for the proposed investment is 30%.

Explanation:

This can be calculated as follows:

Average Investment = (Initial Cost + Residual Value) / 2 = ($5,330,000 + $0) / 2 = $2,665,000

Expected average annual income = Expected total net income / Useful life = $15,990,000 / 20 = $799,500

Expected Average Rate of Return = Estimated Average Annual Income / Average Investment = $799,500 / $2,665,000 = 0.30, or 30%

3 0
3 years ago
Equilibrium price is $10 in a perfectly competitive market. For a perfectly competitive firm, MR = MC at 233 units of output. At
Anika [276]

Answer:

Continue operating; $699

Explanation:

The equilibrium price is $10.

MR = MC at 233 units of output.

At this output level, ATC is $12, and AVC is $9.

The AFC or average fixed cost

= ATC - AVC

= $12 - $9

= $3

The total fixed cost

= AFC\ \times Q

= \$ 3\ \times\ 233

= $699

The equilibrium price is able to cover the average variable cost so the firm should continue production in the short run.

4 0
4 years ago
the policy loan provision means that a. an individual can take out a loan on his term policy. b. the death benefit will be incre
Alenkasestr [34]

According to the policy loan clause, the policy owner may borrow any sum up to the policy's cash value. As a result, choice (C) is the best way to respond.

<h3>What is policy loan?</h3>

A policy loan is given out by an insurance provider and is secured by the cash value of the borrower's life insurance policy. A "life insurance loan" is another name for it. They used to be renowned for having cheap interest rates, but that isn't necessarily the case now.

Even though they have limitations, policy loans typically provide easy access to money. When a universal or whole life insurance policy has built up cash value, policy loans may be taken out.

Hence, option (C) is the accurate one.

Learn more about policy loans, from:

brainly.com/question/14971100

#SPJ1

5 0
1 year ago
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