Smiles entertainment had the following accounts and balances at december 31:
account debit credit
cash $ 10,600
accounts receivable 2,120
prepaid insurance 2,640
supplies 1,120
accounts payable $ 5,300
common stock 4,300
retained earnings 960
service revenue 7,600
salaries expense 560
utilities expense 1,120
totals $ 18,160 $ 18,160
using the information in the table, calculate the company's reported net income for the period.

Any point on a country's production possibilities frontier represents a combination of two goods that an economy:

Salaries are $4,500 per week for five working days and are paid weekly at the end of the day fridays. the end of the month falls on a thursday. the accountant for dayton company made the appropriate accrual adjustment and posted it to the ledger. the balance of salaries payable, as shown on the adjusted trial balance, will be a (assume that there was no beginning balance in the salaries payable account.)

Ancho corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel- based cars. the company realizes that more of its potential customers are switching to electric cars. the r& d department of the company acquires competencies in developing electric cars and launches its first hybrid car, which uses both gas and electricity. in this scenario, ancho is primarilya. leveraging new core competencies to improve current market position. b. redeploying existing core competencies to compete in future markets. c. unlearning existing core competencies to create and compete in markets of the future. d. building new core competencies to protect and extend current market position