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3 years ago

11

If Henry and Kate's Company has $300,000 of sales revenue, pays $50,000 in dividends, and has net income of $100,000, how much w

ere the expenses for the year?

1 answer:

True [87]3 years ago

5 0

Answer:

$205,000

--

Stockholders' equity = ($300,000 - $180,000) + ($375,000 - $240,000) - $50,000.

Explanation:

SE = (Total Assets - Total Liabilities) + (Revenues - Expenses) - Dividends

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The gasoline tax:

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Answer:

a. can be viewed as a corrective tax aimed at multiple negative externalities associated with driving.

Explanation:

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An arrangement in which the seller carries back a note executed by the buyer to evidence a debt owed for the purchase of the sel

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self financing

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4 years ago

What is procedural fairness with example

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3 years ago

_____ refers to an organization’s ability to ensure sufficient staffing levels to accomplish its work processes and successfully

IceJOKER [234]

Answer:

The explanation of this question is given below in the explanation section.

Explanation:

The correct answer to this fill in blank question is workforce capability.

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3 years ago

Bledsoe Corporation has provided the following data for the month of November: Beginning Ending Raw materials $ 25,100 $ 21,100

tamaranim1 [39]

Answer:

Bledsoe Corporation

Schedule of Cost of goods manufactured

Particulars Amount

Direct materials:

Beginning material inventory $25,100.00

Add: Purchases <u>$72,100.00</u>

Raw material available for use $97,200.00

Less: Ending material inventory <u>$21,100.00</u>

Raw material used in production $76,100.00

Less: Indirect material <u>$4,010.00 </u> $72,090.00

Direct labor $92,100.00

Manufacturing overhead applied <u>$41,100.00</u>

Total manufacturing costs $205,290.00

Add: Beginning WIP <u>$17,100.00</u>

Total cost of work in process $222,390.00

Less: Ending WIP <u>$10,100.00</u>

Cost of goods manufactured <u>$212,290.00</u>

Bledsoe Corporation

Schedule of COGS

Particulars Amount

Cost of goods sold:

Beginning finished goods inventory $48,100.00

Add: Cost of goods manufactured <u>$212,290.00</u>

Cost of goods available for sale $260,390.00

Less: Ending finished goods inventory <u>$56,100.00</u>

Unadjusted cost of goods sold $204,290.00

Add: Underapplied overhead <u>$1,010.00 </u>($42,110 - $41,100)

Adjusted cost of goods sold <u>$205,300.00</u>

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2 years ago