1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
iogann1982 [59]
2 years ago
9

(ASAP) please help….

Business
1 answer:
iris [78.8K]2 years ago
4 0

please don't waste your points

You might be interested in
The government sector get its income mostly from exports to other countries.
barxatty [35]

Answer:

False

Explanation:

The government sector derives its main incomes from taxes.

3 0
3 years ago
On January​ 1, 2018,​ Jordan, Inc. acquired a machine for $ 1,000,000. The estimated useful life of the asset is five years. Res
klemol [59]

Answer:

Annual depreciation=$188,000

Explanation:

Giving the following information:

Purchasing price= $1,000,000

Salvage value= $60,000

Useful life= 5 years

To calculate the depreciation expense under the straight-line method, we need to use the following formula:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (1,000,000 - 60,000)/5

Annual depreciation=$188,000

6 0
3 years ago
Chapter 3 Homework Questions 3, 4 3. Balance Sheet. Construct a balance sheet for Sophie’s Sofas given the following data. What
Svet_ta [14]

Answer:

<u>BALANCE SHEET</u>

Assets                                            Liabilities

Cash                           10,000        Account Payable     17,000

Account Receivable 22,000        Long term               170,000

Inventory                 200,000       Total Liab                187,000

non-current assets  100,000        Equity                      145,000 (A)

total assets              332,000     Total liab + SE         332,000

Earnings before interest and taxes: 11,000 dolllars

Net income 8,000

Explanation:

(A) solve through the accounting equation

assets = laib + equity

332,000 = 187,000 + Equity  = 332,000 - 187,000 = 145,000

Q4

income tax expense: 2,000

rate 20%

Earnings before taxes x 20% = 2,000

EBT = 2,000 / 0.2 = 10,000

Net income : 10,000 - 2,000 = 8,000

EBIT: EBT + interest expense

10,000 + 1,000 = 11,000

5 0
3 years ago
At the beginning of the tax year, Barnaby's basis in the BBB Partnership was $118,800, including his $11,880 share of partnershi
elena-14-01-66 [18.8K]

Answer: $144,936

Explanation:

First start by removing the initial debt from the initial basis so as not to inflate the basis.

= 118,800 - 11,880

= $106,920

That is the Initial basis void of debt.

Then add anything that will increase the basis and remove anything that will reduce the basis. Income and debt generally increase the basis while dividends or cash Distributions reduce them.

The Ending basis is therefore,

= Pre debt Initial basis + Partnership Income + ending debt + Nontaxable income - Cash Distribution

= 106,920 + 47,520 + 17,820 + 2,376 - 29,700

= $144,936

Barnaby's basis at the end of the tax year is $144,936.

8 0
3 years ago
As a company manager for Claimstat corporation, there is a 0.40 probability that you will be promoted this year. There is a 0.72
kipiarov [429]

Answer:

(1) If you get a promotion, what is the probability that you will also get a raise?

25% or 0.25

(2) Are getting a raise and being promoted independent events? Explain using probabilities.

yes, they are independent events because you a given one probability for getting a raise (40%) and another one for getting both a raise and a promotion (25%). If they were dependent events, the probability would be the same but they are not.

(3) Are these two events mutually exclusive? Explain using probabilities.

No they are not, again the probability of getting both a raise and a promotion is 25%.  

3 0
3 years ago
Other questions:
  • You manage a company that competes in an industry that is comprised of four equal-sized firms that produce similar products. A r
    7·1 answer
  • Benton Company is preparing its annual profit plan. As part of its analysis of the cost of its purchasing activity, management e
    14·1 answer
  • Which of the following is not a typical adjustment made to the income statement for projection purposes?
    7·1 answer
  • Advantages of being able to apply Barnlund’s Transactional Model to their workplace communication.
    13·2 answers
  • The following information is available for Kinsner Corporation: Total fixed costs $313,500 Variable costs per unit $99 Selling p
    7·1 answer
  • A seller's costs are a $14,700 commission, $3,150 in excise tax, $650 for a buyer's policy of title insurance, $250 in escrow fe
    8·1 answer
  • Abby is so satisfied with her green grocer that she refers her friends and colleagues, providing a(n _______ benefit of maintain
    5·1 answer
  • Oftentimes, the socially optimal quantity for a product that imposes external costs on the society is not zero, but something gr
    6·1 answer
  • There were initially two satellite radio providers in the U.S. market, Sirius and XM Radio. The firms merged to form one firm, a
    5·1 answer
  • State 3 scenarios on how studying human behavioral organization can have a great impact on you as an individual in establishing
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!