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
Arlecino [84]
3 years ago
5

Identify which items belong on the income statement. multiple choice Accounts receivable, net income, and dividends Revenue, exp

enses and net income Cash, accounts receivable, and common stock Dividends, beginning retained earnings, ending retained earnings
Business
1 answer:
sesenic [268]3 years ago
7 0

Items that belong in the income statement include:

  • Revenue, expenses and net income

<h3>The Income Statement </h3>
  • Is used to calculate the total income earned by a company in a given period.
  • Lists the revenue and expenses.

The net income will then be calculated by deducting the expenses from the revenue.

In conclusion, the income statement shows revenue, expenses, and income.

Find out more about the income statement at brainly.com/question/14818051.

You might be interested in
All of the following are challenges of outsourcing, except:
Lorico [155]

Answer:

The correct answer is D

Explanation:

Outsourcing is the term which is defined as the contract or an agreement in which one company hires another company for being responsible or accountable for the existing or planned activity or operation which could be done internally and sometimes, it include the transferring of the assets and employees from one business to another.

So, the outsourcing challenges involve or comprise of the confidentiality, competitive edge and the length of the contract. Therefore, it does not decrease the expense and frustration in relation to retaining and hiring the employees.

5 0
4 years ago
QUESTION 16 Which of the following will cause the equilibrium price of widgets to fall and the equilibrium quantity to rise? A.
Vedmedyk [2.9K]

Answer: A. Widget workers agree a large wage decrease so that none of them will have to be laid off.

Explanation:

There are activities that affects supply function cost, like wages cost going down, pushing prices down as well. In this case, with everything else constant, when cost go down the productivity per factor increase, making it possible to produce the same quantity at a lower price, or to produce more at a same price

7 0
3 years ago
On January 1, 2021, Kapoor Co. sold equipment to its subsidiary, Howard Corp., for $125,000. The equipment had cost $150,000, an
Citrus2011 [14]

Answer:

The amount of depreciation expense on the consolidated income statement is $144,375

Explanation:

The computation of the depreciation expense is shown below:

Excess depreciation arise on gain on sale of asset is

= ($125,000 -  $80,000) ÷ 8 years

= $5,625

Now the Consolidated depreciation is

= $86,000 + $64,000 - $5,625

= $144,375

Hence, the amount of depreciation expense on the consolidated income statement is $144,375

4 0
3 years ago
Ortega Company manufactures computer hard drives. The market for hard drives is very competitive. The current market price for a
Talja [164]

Answer:

$40

Explanation:

Target cost is the cost per unit arrived at after having deducted the required profit margin from the competitive market price.

It is a management technique that makes management think about ways to achieve a set target cost rather than forcing their actual cost plus profit margin on customers.

In this case, the competitive market price is $54 per unit of hard drive whereas the company expects to achieve a total profit of $14  per unit  

Profit margin per unit=$14

competitive market price=$54

Target cost=competitive market price-profit margin per unit

Target cost=$54-$14

Target cost=$40

7 0
3 years ago
Method of Least Squares, Developing and Using the Cost Formula The method of least squares was used to develop a cost equation t
liberstina [14]

Answer:

Total cost of receiving 8000 parts: 2878700

Detailed solution is given in tabular form below:

5 0
4 years ago
Other questions:
  • Aldo Redondo drives his own car on company business. His employer reimburses him for such travel at the rate of 45 cents per mil
    9·1 answer
  • Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales $ 9,150 C
    11·1 answer
  • Earnhardt Driving School's 2008 balance sheet showed net fixed assets of $4 million, and the 2009 balance sheet showed net fixed
    10·1 answer
  • Joseph is reviewing secondary data his company collected about seasonal variations in consumer spending because he is thinking a
    8·1 answer
  • XYZ Company received $18,000 on April 1, 2020 for one year's rent in advance and recorded the transaction with a credit to a nom
    13·1 answer
  • Managers at adidas had a hunch that their sponsorship deal with the yankees would be a good one. their feelings were based on wh
    10·1 answer
  • Do you like shake it off
    15·1 answer
  • 2. What does the cash flow statement tell you about how costs are distributed over the life span of the project?
    6·1 answer
  • due to changes in production, hanson steel gave each employee 75 percent of the cost savings. hanson steel uses a ________ compe
    13·1 answer
  • Those who make economic policy concerning price controls often do so in order to?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!