A company reported the following: Cost of Goods Sold $ 220,000 General, Selling, and Administrative Expenses 12,000 Income Tax Expense 8,450 Inventory 29,000 Net Income 27,700 Sales Revenue 275,000 Sales Discounts 3,800 Sales Returns & Allowances 3,050 What is the amount of income before income taxes?
Answers: 3
Business, 21.06.2019 17:30
Following are the transactions for valdez services. the company paid $2,000 cash for payment on a 6-month-old account payable for office supplies. the company paid $1,200 cash for the just completed two-week salary of the receptionist. the company paid $39,000 cash for equipment purchased. the company paid $800 cash for this month’s utilities. the company paid $4,500 cash in dividends to the owner (sole shareholder). examine the above transactions and identify those that create expenses for valdez services. prepare general journal entries to record those transactions that created expenses in the above given order.
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Business, 22.06.2019 08:30
Blank is the internal operation that arranges information resources to support business performance and outcomes
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Business, 22.06.2019 20:20
Precision aviation had a profit margin of 6.25%, a total assets turnover of 1.5, and an equity multiplier of 1.8. what was the firm's roe? a. 15.23%b. 16.03%c. 16.88%d. 17.72%e. 18.60%
Answers: 2
Business, 22.06.2019 22:20
Who owns a renter-occupied apartment? a. the government b. a landlord c. the resident d. a cooperative
Answers: 1
A company reported the following: Cost of Goods Sold $ 220,000 General, Selling, and Administrative...
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