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
Alik [6]
3 years ago
5

When companies incur selling and administrative costs, those costs ________.

Business
1 answer:
9966 [12]3 years ago
7 0

Answer:

increase

Explanation:

You might be interested in
Net sales are $525,000, beginning accounts receivable are $15,000 and ending accounts receivable are $20,000. The accounts recei
Vlada [557]

Answer:

the account receivable turnover is 15 times

Explanation:

We have given net sales = $525000

Beginning account receivable = $15000

And ending account receivable = $20000

So average account receivable =\frac{15000+20000}{2}=35000 $

We have to find the receivable turn over

Receivable turnover is the ratio of net sales to the average average account receivables

So turnover =\frac{525000}{35000}=15 times

So the account receivable turnover is 15 times

6 0
4 years ago
The general fund of the Town of Dean levied property taxes of $3,000,000 for the fiscal year beginning on January 1, 20X8. It wa
allsm [11]

Answer: $2,970,000

Explanation:

According to US tax laws, property taxes can be recognised for 60 days into the next financial period because it is assumed that within this period, the taxes can still cover expenses related to the period that it is from.

Therefore, if Property taxes are paid within the first 60 days in 20X9 then the Town of Dean should recognise those taxes paid.

Those taxes amount to $10,000 so therefore, the amount to be reported in the fund is,

= 2,960,000 + 10,000

= $2,970,000

$2,970,000 is amount of property tax revenue that should be reported by the general fund for the year ended December 31, 20X8.

3 0
3 years ago
Disk City, Inc. is a retailer for digital video disks. The projected net income for the current year is $2,300,000 based on a sa
Marat540 [252]

Answer:

big dog

Explanation:

5 0
4 years ago
The financial _________ law requires owners and operators of motor vehicles to be financially responsible for damages they cause
rodikova [14]

The answer to this question is the Financial Responsibility Law. The Financial Responsibility Law is a Law where in an individual should prove that in case of a motor accident he or she can be able to pay the damages. These are the situations where an individual need to show proof of being financially responsible is when you have to register your car, after a collision or accident happened, and when a police officer asked you during a traffic stop.   

4 0
3 years ago
Read 2 more answers
When an accountant makes an adjusting entry for accrued expenses, which statement best reflects what the accounts look like befo
Sholpan [36]
Bank reconciliation statement
4 0
3 years ago
Other questions:
  • Nicholas earned 11.5% in his savings account. If he is in the 27% tax bracket, what is his after-tax savings rate of return?
    12·1 answer
  • American Surety and Fidelity buys and sells securities expecting to earn profits on short-term differences in price. For the fir
    11·1 answer
  • States can reduce the cost of providing services by using web technologies to serve their stakeholders.
    10·1 answer
  • At the end of 2014, Stacky Corp. had $500,000 in liabilities and a debt-to-assets ratio of 0.5. For 2014 Stacky had an asset tur
    8·1 answer
  • Credit Losses Based on Credit Sales Lewis Company uses the allowance method for recording its expected credit losses. It estimat
    9·1 answer
  • Available"" (as in ""measurable and available"") means 1. Available to finance expenditures of the current period 2. Subject to
    7·1 answer
  • Jasmine imagines that she will one day have great success in business, although she now is working as a part-time waitress. she
    15·1 answer
  • In 2022, Spencer Realty considered conducting a survey of every home to determine which homes may be put on the market within th
    14·1 answer
  • How useful is GDP as an economic indicator? Answer in 4-6 sentences.
    10·1 answer
  • The following account balances come from the records of Ourso Company: Beginning Balance Ending Balance Accounts receivable $ 2,
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!