The following data were provided by Mystery Incorporated for the year ended December 31: Cost of Goods Sold $ 173,000 Income Tax Expense 20,120 Merchandise Sales (gross revenue) for Cash 256,000 Merchandise Sales (gross revenue) on Credit 45,200 Office Expenses 19,800 Sales Returns and Allowances 7,530 Salaries and Wages Expense 43,400 Required: Prepare a multistep income statement.

You meet that special person and get married. amazingly your spouse has exactly the same income you do 47,810. if your tax status is now married filing jointly what is your tax liability

Evan company reports net income of $232,000 each year and declares an annual cash dividend of $100,000. the company holds net assets of $2,130,000 on january 1, 2017. on that date, shalina purchases 40 percent of evan's outstanding common stock for $1,066,000, which gives it the ability to significantly influence evan. at the purchase date, the excess of shalina’s cost over its proportionate share of evan’s book value was assigned to goodwill. on december 31, 2019, what is the investment in evan company balance (equity method) in shalina’s financial records?

Demand increases by less than supply increases. as a result, (a) equilibrium price will decline and equilibrium quantity will rise. (b) both equilibrium price and quantity will decline. (c) both equilibrium price and quantity will rise