Business, 29.10.2019 23:31, msbanks317
Novak corporation had income from operations of $6,457,700. in addition, it suffered an unusual and infrequent pretax loss of $790,000 from a volcano eruption, interest revenue of $17,740, and a write-down on buildings of $56,410. the corporationâs tax rate is 30%. prepare a partial income statement for novak beginning with income from operations. the corporation had 4,966,200 shares of common stock outstanding during 2020.
Answers: 1
Business, 21.06.2019 21:00, myronpacis1128
Management discovers that a supervisor at one of its restaurant locations removes excess cash and resets sales totals throughout the day on the point-of-sale (pos) system. at closing, the supervisor deposits cash equal to the recorded sales on the pos system and keeps the rest. the supervisor forwards the close-of-day pos reports from the pos system along with a copy of the bank deposit slip to the companyâs revenue accounting department. the revenue accounting department records the sales and the cash for the location in the general ledger and verifies the deposit slip to the bank statement. any differences between sales and deposits are recorded in an over/short account and, if necessary, followed up with the location supervisor. the customer food order checks are serially numbered, and it is the supervisorâs responsibility to see that they are accounted for at the end of each day. customerchecks and the transaction journal tapes from the pos system are kept by the supervisor for 1 week at the location and then destroyed. what control allowed the fraud to occur?
Answers: 2
Business, 22.06.2019 22:20, vdestiny858
As a result of a labeling mistake at the chemical factory, a farmer accidentally sprays weedkiller rather than fertilizer on half her land. as a result, she loses half of her productive farmland. if the property of diminishing returns applies to all factors of production, she should expect to seea. a decrease in the marginal productivity of her remaining land and an increase in the marginal productivity of her labor. b. an increase in the marginal productivity of her remaining land and an increase in the marginal productivity of her labor. c. an increase in the marginal productivity of her remaining land and a decrease in the marginal productivity of her labor. d. a decrease in the marginal productivity of her remaining land and a decrease in the marginal productivity of her labor.
Answers: 2
Business, 23.06.2019 07:50, chevysilverado2377
Acountry has reached a level of economic development where the manufacturing of both semidurable and nondurable consumer goods has just begun. also, the goods demanded relate to equipment and supplies to support manufacturing. in which stage of rostowâs five-stage model of economic growth does the country fit?
Answers: 1
Business, 23.06.2019 09:40, cesarcastellan9
When providing the square footage of a property for sale, the salesperson should disclose what?
Answers: 3
Novak corporation had income from operations of $6,457,700. in addition, it suffered an unusual and...
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