Business, 20.09.2019 17:10, michaelishawilliams
Prepare income statements (learning objective 5) part one: in 2015, patsy jackson opened patsy’s posies, a small retail shop selling floral arrangements. on december 31, 2016, her accounting records show the following: sales revenue $53,000 utilities for shop $ 1,100 inventory on december 31, 2016 $ 9,100 inventory on january 1, 2016 $12,000 rent for shop $ 4,600 sales commissions $ 4,000 purchases of merchandise $36,000 requirement prepare an income statement for patsy’s posies, a merchandiser, for the year ended december 31, 2016. part two: patsy’s posies was so successful that patsy decided to manufacture her own brand of floral supplies: floral city manufacturing. at the end of december 2017, her accounting records show the following: utilities for plant $4,900 delivery expense $1,500 sales salaries expense $4,300 plant janitorial services $1,350 work in process inventory, december 31, 2017 $5,000 finished goods inventory, december 31, 2016 0 finished goods inventory, december 31, 2017 $2,500 sales revenue $104,000 customer service hotline expense $1,400 direct labor $23,000 direct material purchases $ 30,000 rent on manufacturing plant $9,600 raw materials inventory, december 31, 2016 $ 14,000 raw materials inventory, december 31, 2017 $8,000 work in process inventory, december 31, 2016 0
Answers: 1
Business, 22.06.2019 11:30, emocow
1. regarding general guidelines for the preparation of successful soups, which of the following statements is true? a. thick soups made with starchy vegetables may thin during storage. b. soups should be seasoned throughout the cooking process. c. finish a cream soup well before serving it to moderate the flavor. d. consommés take quite a long time to cool. student c incorrect
Answers: 2
Business, 22.06.2019 11:50, dinero0424
After graduation, you plan to work for dynamo corporation for 12 years and then start your own business. you expect to save and deposit $7,500 a year for the first 6 years (t = 1 through t = 6) and $15,000 annually for the following 6 years (t = 7 through t = 12). the first deposit will be made a year from today. in addition, your grandfather just gave you a $32,500 graduation gift which you will deposit immediately (t = 0). if the account earns 9% compounded annually, how much will you have when you start your business 12 years from now?
Answers: 1
Business, 22.06.2019 14:30, 20guadalupee73248
The face of a company is often that of the lowest paid employees who meet the customers. select one: true false
Answers: 1
Business, 22.06.2019 15:40, aroman4511
Rachel died in 2014 and her executor is finalizing her estate tax return. the executor has determined that rachel’s adjusted gross estate is $10,120,000 and that her estate is entitled to a charitable deduction in the amount of $500,000. using 2014 rates, calculate the estate tax liability for rachel’s estate.
Answers: 1
Prepare income statements (learning objective 5) part one: in 2015, patsy jackson opened patsy’s po...
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