Daniels company reports the following year-end account balances at december 31, 2017. accounts payable $20,000 inventory $40,000 accounts receivable $40,000 land $100,000 bonds payable, long-term $250,000 goodwill $10,000 buildings $160,000 retained earnings $115,000 cash $50,000 sales revenue $500,000 common stock $100,000 supplies inventory $5,000 cost of goods sold $200,000 supplies expense $20,000 equipment $80,000 wages expense $100,000 what is daniels' net income for 2017?
Answers: 3
Business, 22.06.2019 07:50
Connors academy reported inventory in the 2017 year-end balance sheet, using the fifo method, as $154,000. in 2018, the company decided to change its inventory method to lifo. if the company had used the lifo method in 2017, the company estimates that ending inventory would have been in the range $130,000-$135,000. what adjustment would connors make for this change in inventory method?
Answers: 1
Business, 22.06.2019 08:50
Suppose that in an economy the structural unemployment rate is 2.2 percent, the natural unemployment rate is 5.3 percent, and the cyclical unemployment rate is 2 percent. the frictional unemployment rate is percent and the actual unemployment rate (in this economy) is percent.
Answers: 2
Business, 22.06.2019 12:00
Identify at least 3 body language messages that project a positive attitude
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Business, 22.06.2019 12:50
Suppose the real risk-free rate and inflation rate are expected to remain at their current levels throughout the foreseeable future. consider all factors that affect the yield curve. then identify which of the following shapes that the u.s. treasury yield curve can take. check all that apply.
Answers: 2
Daniels company reports the following year-end account balances at december 31, 2017. accounts payab...
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