Answer:
$17,600 ; $29,000
Explanation:
The computation of the net income is shown below:
Based on Cash basis
= Received cash - Expenses incurred in cash - prepaid expenses
= $56,000 - $26,900 - $11,500
= $17,600
Based on Accrual basis
= Revenue earned - expenses incurred
= $64,000 - $35,000
= $29,000
The cash expenses incurred is
= $35,000 - $8,100
= $26,900
<span>Answer:
This passage refers to the process of changing the past, which is Winston's job. By controlling the past, the Party is able to manipulate the minds of Party members.</span>
Answer:
Sell the parts without any processing because the profit is higher ($20,000 vs $15,000)
Explanation:
they have two options:
- option A, sell the parts as they are and make $20,000 in profits (= $120,000 - $100,000).
- option B, further process the parts by spending $75,000 and sell them for $190,000, and make only $15,000 in profits (= $190,000 - $100,000 - $75,000).
The best option is A, to sell the parts without any processing because the profit is higher and they do not have to spend more money.
