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zubka84 [21]
2 years ago
13

Ben owns an ice cream shop. Last quarter's income was $9,000; his cost of goods was $575, and his total expenses were $5,000. Wh

at is Ben's Net Income for the last quarter?
Business
1 answer:
rewona [7]2 years ago
7 0

Answer:

$3,425

Explanation:

took the test

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Number the following activities from 1 to 3 in the order corresponding to the typical flow of cost in a CPA firm.
LUCKY_DIMON [66]

Answer:

1. Record the time worked on a client project by professional staff.

The first thing is do is to record the time the client was worked on by a professional staff because CPAs should be charging by the hour.

2. Record the completion of a client project.

The record the completion of a client project so that the project can be considered finished. The total hours worked will be totalized here.

3. Record the application of office overhead.

After the completion of the project the overhead costs are now apportioned and recorded.

6 0
3 years ago
A non-linear production possibilities model assumes that
mixer [17]
A non-linear production is also known as a bending producing model. A non-linear production possibilities model estimates what amount of something can be produced using the economy's current resources and technology to make the predictions. 
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3 years ago
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Primary data collection for a gaming software company could include the following methods except: Group of answer choices A Surv
NemiM [27]

Answer:

A gaming software report from Gartner Group, a market research firm

Explanation:

Primary data collection is when data is collected through first hand research.

Primary data collection methods include

  1. Surveys : this can take the form of questionnaires (including online questionnaires e.g. survey monkey
  2. Interviews : this includes focus group interviews and interviewing customers

Advantages of primary data collection

  1. Directly addresses the reason for data collection
  2. Provides unique insight that might be unavailable elsewhere

Disadvantages of primary data collection

  1. It can be expensive
  2. it can be time consuming compared to other methods

Secondary data collection is collecting data that has already been collected in the past e.g. A gaming software report from Gartner Group, a market research firm

3 0
3 years ago
Impression management theory suggests that people change their attitudes to match their behaviors in an effort to
Reika [66]

Answer:

Impression management theory states that one tries to alter one's perception according to one's goals. In other words, the theory is about how individuals wish to present themselves, but in a way that satisfies their needs and goals.

Explanation:

8 0
2 years ago
Luke sold a building and the land on which the building sits to his brother at fair market value. the fair market value of the b
Effectus [21]

Answer:

(a) $170,000

(b) $80,000

Explanation:

(a) The amount and character of Luke's recognized gain or loss on the building:

= (Fair market value - cost to built) + Depreciation expense

= ($325,000 - $200,000) + $45,000

= $170,000

(b) The amount and character of Luke's recognized gain or loss on Land:

= (Fair market value - Purchasing cost

= (210,000 - 130,000)

= $80,000

7 0
3 years ago
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