Describe how each of these accounts would appear after the following:______a) A cash dividend of $1 per shareb)10 percent stock dividend (fair market value of stock is $13 per share)c) A 3-for-1 stock splitd) A 1-for-2 reverse stock split

Answers

Answer 1

Answer:

the stock will spilt

Explanation:


Related Questions

Carradine Corporation uses a job-order costing system with a single plantwide predetermined
overhead rate based on machine-hours. The company based its predetermined overhead rate for
the current year on total fixed manufacturing overhead cost of $105,000, variable manufacturing
overhead of $3.00 per machine-hour, and 70,000 machine-hours. The company recently
completed Job P233 which required 60 machine-hours. The amount of overhead applied to Job
P233 is closest to:
A) $90
B) $270
C) $450
D) $180

Answers

Answer:

Answer:

Amount of overhead applied is  $270

correct option is  (a) $270

Explanation:

given data

overhead cost = $105,000

overheat rate = $3 per machine hour

manufacturing overhead = 70000 machine hour

required = 60 machine hours

to find out

The amount of overhead applied to Job P 233 is closest to

solution

we find manufacturing overhead rate here that is

manufacturing overhead rate =  

put here value

manufacturing overhead rate =  

manufacturing overhead rate = 1.5 per machine hour  

and

Total manufacturing overhead rate will be for overheat rate $3

Total manufacturing overhead rate = (3 + 1.5) = $4.5 per machine hour

so we can say that Amount of overhead is job P 233 is

Amount of overhead applied = 60 × $4.5 = 270

so here correct option is  (a) $270

Explanation:

In regression​ analysis, the coefficient of​ determination:

a. Becomes smaller as the fit of the regression line improves.
b. Is used to determine the expected value of the net income based on the regression line.
c. Ranges between negative one and positive one.
d. Is used to determine the proportion of the total variation in the dependent variable​ (y)

Answers

Answer:

The correct answer is the option D and it is incomplete. The correct full option will be: Is used to determine the proportion of the total variation in the dependet variable (y) explained by the independent variable (x).

Explanation:

To begin with, in the statistics field the term of "regression analysis" refers to the type of method used in order to establish the existing relationship between the variables in the chart. Moreover, the "coefficient of determination" consists of a statistic used whose main purpose focus on the prediction of possible future outcomes or either the testing of a hypothesis which the scientits are working on. That is why that this last tool uses the independent variable in order to explain the proportion of the total variation of the dependent variable.

Studying products for similarities or differences is known as ______ shopping.

-Marginal
-Comparison
-Emotional
-Research

Answers

It's a form of research to look at products from different websites, but comparison means when you are comparing two things.

My answer would be B. Comparison

Studying products for similarities or differences is known as Comparison shopping. Option B. This is further explained below.

What is Comparison shopping.?

Generally, Comparison shopping is simply a typical technique in which buyers check the prices of various things from several stores before making a purchasing choice.

In conclusion, Comparison shopping is the process of examining things for similarities and differences.

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Write different defination of Business?​

Answers

Answer:

Business is the activity of making one's living or making money by producing or buying and selling products (such as goods and services). Simply put, it is "any activity or enterprise entered into for profit. It does not mean it is a company, a corporation, partnership, or have any such formal organization, but it can range from a street peddler to General Motors."

Explanation:

I looked in wiki

Answer:

A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. ... The term "business" also refers to the organized efforts and activities of individuals to produce and sell goods and services for profit.

Explanation:

the oriole mills company has just disclosed the following financial information in its annual report sales of 1.47 million, cost of goods sold of $817,100, depreciation expenses of $179,600, and interest expenses of $ 94,000. Assume that the firm has an average tax rate of 29 percent. Compute the cash flows to investors from operating activity.

Answers

The cash flows to investors from operating activities for Oriole Mills Company is $543,973.

To compute the cash flows to investors from operating activities, we need to start with the net income and make adjustments for non-cash expenses and changes in working capital. The formula to calculate cash flows from operating activities is as follows:

Cash Flows from Operating Activities = Net Income + Depreciation Expenses + Non-Cash Interest Expenses - Increase in Current Assets + Increase in Current Liabilities + Decrease in Current Assets - Decrease in Current Liabilities

Given the financial information provided, we can calculate the cash flows to investors from operating activities as follows:

Net Income:

Net Income = Sales - Cost of Goods Sold - Depreciation Expenses - Interest Expenses - Taxes

Net Income = $1,470,000 - $817,100 - $179,600 - $94,000 - ($1,470,000 - $817,100 - $179,600 - $94,000) * 0.29

Net Income = $1,470,000 - $817,100 - $179,600 - $94,000 - ($379,300 * 0.29)

Net Income = $1,470,000 - $817,100 - $179,600 - $94,000 - $109,927

Net Income = $269,373

Depreciation Expenses = $179,600

Non-Cash Interest Expenses = $94,000

Changes in Working Capital:

Increase in Current Assets = 0 (no information provided)

Increase in Current Liabilities = 0 (no information provided)

Decrease in Current Assets = 0 (no information provided)

Decrease in Current Liabilities = 0 (no information provided)

Finally, we can calculate the cash flows to investors from operating activities:

Cash Flows from Operating Activities = $269,373 + $179,600 + $94,000 + 0 + 0 + 0 + 0

Cash Flows from Operating Activities = $543,973

Therefore, the cash flows to investors from operating activities for the Oriole Mills Company is $543,973.

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If you wanted to see how much time you spent working on your assignments last Thursday, which
screen would you look at?
Student Activity
External Links
Suggested Facing

Answers

Note that If you wanted to see how much time you spent working on your assignments last Thursday, which screen would you look at is: "Student Activity" (Option A). This has to do with a learning management system.

What is Student Activity?

A Learning Management System (LMS) is a web-based tool used to store classroom activity online. They are a sort of cloud computing in which the program is accessible whenever and wherever a user has Internet connection.

The goal of a learning management system (LMS) is to provide training and development to Learning and Development (L&D) departments so that they can maintain a company's growth, success, and, eventually, revenue. These are some lofty learning objectives.

Student activities are extracurricular groups and programs that are available to students at a college or university. Student activities are typically intended to get students more active on campus.

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ratio analysis is important to understand and interpret financial statements; however, sound financial analysis involves more than just calculating and interpreting numbers. qualitative factors also need to be considered.

Answers

Qualitative factors include the company's management team, competitive position, industry trends, and economic outlook. these factors provide a more complete picture of the company's financial performance and outlook.

Qualitative factors help to determine whether or not a company is a good investment. They can also influence a company's stock price. For example, a company's management team is important in determining the overall success of a company.

If the management team is experienced and knowledgeable, the company may have a better chance of achieving its goals and thus, have a higher stock price.

Similarly, if the competitive position of a company is strong, it may be more attractive to investors, resulting in a higher stock price. Similarly, industry trends and economic outlook can also influence a company's stock price.

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You answer a call from a customer who
asks to speak to a
immediately
manager or someone higher up.
What would you do?

Answers

What you should do when answering a call from a customer who asks to speak with a manager or someone higher up right away is try to understand the situation to see if you can resolve it yourself.

How to provide quality service?

It is necessary to always be attentive to the customer's needs, helping them in the process before and after the purchase, in addition to explaining the services and products, being kind, cordial and ethical.

Therefore, the best way to deal with customers is through ethics, patience and dedication to solving the problem.

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Consider the recorded transactions below.

Credit Debit

Accounts Receivable 7,900

Service Revenue 7,900

Supplies 2,050

Accounts Payable 2,050

Cash 9,700

Accounts Receivable 9,700 .

Advertising Expense 1,100

Cash 1,100

Accounts Payable 3,200

Cash 3,200

Cash 1,200

Deferred Revenue 1,200

Required:

Post each transaction to T-accounts and compute the ending balance of each account. The beginning balance of each acc the transactions is: Cash, $2,900; Accounts Receivable, $3,700; Supplies, $350; Accounts Payable, $3,000; Deferred Reve Service Revenue and Advertising Expense each have a beginning balance of zero.

Answers

Answer:

gogle know the answer that is the secret

Write the quadratic equation in standard form that corresponds to the graph shown below.

Write the quadratic equation in standard form that corresponds to the graph shown below.

Answers

The quadratic equation of the graph in standard form is y = x² + 2x - 8

What is a quadratic equation in standard form?

A quadratic equation in standard form is given by y = ax² + bx + c

Given the graph below, to write the quadratic equation for the graph in s tandard form, we notice that the graph has two x - intercepts at

(-4, 0) and(2, 0)

The x - intercepts are the roots of the quadratic equation.

So, we have that

x = -4 andx = 2

So,

x + 4 = 0 andx - 2 = 0

So, the factors of the quadratic equation are

x + 4  andx - 2

So, multiplying the factors, we have that the equation is

y = (x + 4)(x - 2)

= x² - 2x + 4x + 4 × (-2)

= x² - 2x + 4x - 8

= x² + 2x - 8

So, the quadratic equation is y = x² + 2x - 8

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Profit margin is calculated by dividing Group of answer choices sales by cost of goods sold. gross profit by net sales. net income by stockholders' equity. net income by net sales. Flag question: Question 19

Answers

Answer:

net income by net sales.

Explanation:

Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services. Thus, it refers to the amount of money a customer or consumer buying goods and services are willing to pay for the goods and services being offered. Also, the price of goods and services are primarily being set by the seller or service provider and it eventually determines the profit margin of a business firm.

In Financial accounting, profit margin can be defined as a measure of the profitability of a business over a specific period of time. Thus, it is simply the amount of money by which revenue generated through sales exceed the costs of a product.

Hence, profit margin is calculated by dividing net income by net sales or net profits by net sales over a specific period of time.

You charge $500 on each of your two credit cards.
One is American Express with an interest rate of 15.99%.
The other is Chase Sapphire with an interest rate of
20.99%. Assuming that you are only making the minimum
payment of $25 to each of the credit card companies,
which card will you pay off first

Answers

It is advisable to pay off the Chase Sapphire card first to minimize the overall interest paid.

To determine which credit card to pay off first, we need to consider the interest rates and the minimum payment amounts. Let's calculate the interest accrued on each card and compare the total amounts.

For the American Express card with a balance of $500 and an interest rate of 15.99%, the interest accrued per month would be (15.99/100) * (500) = $79.95. With a minimum payment of $25, the remaining balance after the payment would be $500 - $25 = $475.

For the Chase Sapphire card with a balance of $500 and an interest rate of 20.99%, the interest accrued per month would be (20.99/100) * (500) = $104.95. After making the minimum payment of $25, the remaining balance would be $500 - $25 = $475.

Comparing the two cards, we see that the interest accrued on the Chase Sapphire card is higher ($104.95) compared to the American Express card ($79.95). Therefore, it is advisable to pay off the Chase Sapphire card first to minimize the overall interest paid.

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Where do deleted files go?
into the My Computer folder
into the My Documents folder
into the Recycle Bin
into the system tray

Answers

Answer:

the correct answer is into the recycle bin

Explanation:

Answer:

b

Explanation:

The accounts in the ledger of Dependable Delivery Service contain the following balances on July 31, 2022.

Accounts Receivable $11,400
Prepaid Insurance $1,800
Accounts Payable 7,400
Maintenance and Repairs Expense 1,200
Cash 15,940
Service Revenue 15,500
Equipment 59,360
Dividends 800
Utilities Expense 950
Common Stock 40,000
Insurance Expense 600
Salaries and Wages Expense 8,400
Notes Payable, due 2024 31,450
Salaries and Wages Payable 900
Retained Earnings (July 1, 2022) 5,200

Required:
Prepare classified balance sheet for July 31, 2022.

Answers

Answer:

Dependable Delivery Service

Classified balance sheet as at July 31, 2022

Non Current Assets

Equipment                                                  $59,360

Total Non Current Assets                          $59,360

Current Assets

Accounts Receivable                                  $11,400

Prepaid Insurance                                        $1,800

Cash                                                            $15,940

Total Current Assets                                  $29,140

Total Assets                                               $88,500

Equity and Liabilities

Equity

Common Stock                                         $40,000

Retained Earnings                                       $8,750

Total Equity                                                $48,750

Liabilities

Non Current Liabilities

Notes Payable, due 2024                         $31,450

Total Non Current Liabilities                     $31,450

Current Liabilities

Accounts Payable                                      $7,400

Salaries and Wages Payable                       $900

Total Non-Current Liabilities                     $8,300

Total Liabilities                                         $39,750

Total Equity and Liabilities                      $88,500

Explanation:

Its very important to calculate the Retained Earnings Balance at the end of July 2020.

To do this, we need to first calculate the Net Income for the period as follows :

Income Statement for the year ended July 31, 2022

Service Revenue                                                        15,500

Less Expenses :

Maintenance and Repairs Expense           1,200

Utilities Expense                                           950

Insurance Expense                                       600

Salaries and Wages Expense                    8,400     (11,150)

Net Income/(loss)                                                         4,350

Then, calculate the Retained Earnings Balance as follows :

Retained Earnings Calculation

Beginning Balance                                    5,200

Add Net Income during the period          4,350

Less Dividends                                            (800)

Ending Balance                                         8,750

the 4P’s include____

the 4Ps include____

Answers

Answer:

price,product, promotion,place

Which answer best illustrates what trade-offs are?

Which answer best illustrates what trade-offs are?

Answers

Maria chose to do homework. Her grade will improve

Casey Electronics has a piece of machinery that costs $300,000 and is expected to have a useful life of 6 years or 40,000 hours. Residual value is expected to be $50,000.Using the units-of-production method, what is depreciation expense for the first year assuming it was used 6,000 hours?a) $37,500b) $70,000c) $81,000d) $41,667

Answers

Answer:

a) $37,500

Explanation:

In order to determine the depreciation for year 1  based on the units-of-production method, we apply the formula below:

Annual Depreciation= Depreciable Value × Units produced during the year /Estimated total production

Depreciable Value = Original cost – Scrap value

depreciable value=$300,000-$50,000=$250,000

Units produced during the year=6,000 hours

Estimated total production in hours=40,000 hours

first-year depreciation=$250,000*6000/40000

first-year depreciation=$ 37,500.00  

Wholemark is an Internet order business that sells one popular New Year greeting card once a year. The cost of the paper on which the card is printed is $0.40 per card, and the cost of printing is $0.10 per card. The company receives $3.75 per card sold. Since the cards have the current year printed on them, unsold cards have no salvage value. Their customers are from the four areas: Los Angeles, Santa Monica, Hollywood, and Pasadena. Based on past data, the number of customers from each of the four regions is normally distributed with mean 2,300 and standard deviation 200. (Assume these four are independent.)
What is the optimal production quantity for the card?

Answers

Answer:

≈ 9644 quantity of card

Explanation:

given data:

n = 4 regions/areas

mean demand = 2300

standard deviation = 200

cost of card (c) = $0.5

selling price (p) = $3.75

salvage value of card ( v ) = $ 0

The optimal production quantity for the card can be calculated using this formula below

= u + z (0.8667  ) * б

= 9200  +  1.110926 * 400

≈ 9644 quantity of card

First we have to find u

u = n * mean demand

 = 4 * 2300 = 9200

next we find the value of Z

Z = ( \(\frac{p-c}{p-v}\) )

   = ( 3.75 - 0.5 ) / 3.75   = 0.8667

Z( 0.8667 ) = 1.110926 ( using  excel formula : NORMSINV (0.8667 )

next we find б

б = 200\(\sqrt{n}\) = 400

In what ways are retail banks, credit unions, and online banks different?

Answers

Answer:

The bottom line is that banks are for-profit institutions, while credit unions are non-profit. Credit unions typically brag better customer service and lower fees, but have higher interest rates. On the contrary, banks generally have lower interest rates and higher fees

The credit unions have lower fees and better interests in the saving accounts. Credit unions are a type of institution controlled by members and operated on a nonprofit basis.

Online banks are those that have internet-based services such as e-loans, and all electronic transactions.  It also includes net banking and does it yourself system. Retail banking is a provision of services by the banks to the general public.  They are often called as whole ale banking. While a bank can have diverse offering a credit union is limited. Banks provide a higher fee for interest and loans, while credit union is lower fees and interest rates.

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1. Some businesspeople believe that elimination agents and wholesalers reduce their operating expenses. Discuss the opportunity costs associated with eliminating intermediaries.

Answers

1. While eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.

Eliminating intermediaries such as elimination agents and wholesalers reduce operating expenses, but it also has associated opportunity costs that businesses need to consider. One of the primary costs is the loss of the expertise and value-added services that intermediaries offer to businesses and customers. Eliminating intermediaries may result in businesses taking on additional responsibilities and expenses such as marketing, distribution, and logistics.

This may result in the need for additional staff and resources to ensure that products reach customers on time. Furthermore, eliminating intermediaries may also result in reduced customer access to products, as intermediaries are often responsible for finding new markets and customer segments. In this case, businesses may need to invest additional resources to market and promote their products to reach new customers.

In conclusion, while eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.

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What are Uber's options in handling California AB5, an attempt to reclassify Uber's drivers as employees? What potential impact would each decision have?

Answers

The potential impacts of each decision with regard employee classification include financial costs, legal battles, public perception, and potentially losing market share to competitors who are able to navigate the regulatory landscape more effectively.

What is the explanation for the above response?


Uber's options in handling California AB5 are as follows:

Comply with AB5 and reclassify drivers as employees, which would result in significant increases in labor costs and potential loss of driver flexibility.

Contest AB5 and argue that their drivers are independent contractors, which could lead to legal battles and potentially a negative public image.

Seek a compromise with California lawmakers, such as creating a new worker classification that falls between employee and independent contractor, which could help maintain some flexibility for drivers while also providing certain benefits.

The potential impacts of each decision include financial costs, legal battles, public perception, and potentially losing market share to competitors who are able to navigate the regulatory landscape more effectively.

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After graduating from college, Joseph Tantillo decided to start a retail Web site that specializes in personalized Greek apparel. To fund his Web site, he borrowed money from his parents (who expect to be repaid with interest). In other words, he used _____ financing.

Answers

Answer:

Debt financing

Explanation:

Debt financing is defined as borrowing that a company undertakes to finance it's operations by selling of debt instruments to investors.

The debt instrument attracts interest payment.

Examples of debt financing includes bank loans, loans from friends and family, and government backed loans.

In the given scenario Joseph Tantillo decided to borrow money from his parents to start a retail Web site that specializes in personalized Greek apparel. This is debt financing

In contrast equity financing involves sale of shares to obtain capital

Let MAC1 = 100 – 10E and MAC2 = 50 – 10E. Graph each function and compute the aggregate MAC curve. Let MD = 30E, compute the socially efficient equilibrium. For the equations given above, suppose the government sets the pollution level at four units. What are the net social costs of this policy?
Suppose a technological change occurs that reduces the marginal costs of abatement for polluter 1 in the above equation to that of polluter 2. How does this affect the socially efficient level of pollution? Solve numerically and graphically.

Answers

If the marginal costs of abatement for polluter 1 become equal to polluter 2, it does not impact the socially efficient level of pollution. The level is still determined by equating Marginal Damage with the Aggregate MAC.

To graph each function, we can plot MAC1 and MAC2 on a graph with the quantity of emissions (E) on the x-axis and the marginal abatement cost (MAC) on the y-axis.

For MAC1: MAC1 = 100 - 10E

For MAC2: MAC2 = 50 - 10E

To compute the aggregate MAC curve, we add the individual MAC curves together. So, Aggregate MAC = MAC1 + MAC2.

Aggregate MAC = (100 - 10E) + (50 - 10E) = 150 - 20E

Now, let's calculate the socially efficient equilibrium by setting the Marginal Damage (MD) equal to the Aggregate MAC.

MD = Aggregate MAC

30E = 150 - 20E

Simplifying the equation, we get:

50E = 150

E = 3

Therefore, the socially efficient equilibrium occurs when the quantity of emissions (E) is 3.

Now, let's calculate the net social costs of the policy when the government sets the pollution level at four units.

Net social costs = Aggregate MAC - MD

Net social costs = (150 - 20(4)) - (30(4))

Net social costs = 110 - 120

Net social costs = -10

The net social costs of this policy would be -10, indicating a net benefit to society.

If a technological change occurs that reduces the marginal costs of abatement for polluter 1 to that of polluter 2, it means that MAC1 will become equal to MAC2.

Setting MAC1 equal to MAC2:

100 - 10E = 50 - 10E

Simplifying the equation, we find that E can have any value, as both sides are equal.

Graphically, this change would mean that MAC1 and MAC2 become parallel lines on the graph, with the same slope and intercept. The socially efficient level of pollution would still be determined by equating MD with the aggregate MAC.

In conclusion, if the marginal costs of abatement for polluter 1 become equal to polluter 2, it does not affect the socially efficient level of pollution. The socially efficient level is still determined by equating the Marginal Damage with the Aggregate MAC, regardless of the marginal costs of individual polluters.

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*Reintermediation takes place when Intermediaries provide only matching services between buyers and sellers. O Disintermediated entitles or newcomers take on new Intermediary roles O Intermediaries provide only relevant information about demand O Disintermediated entitles or newcomers take on existing intermediary roles O​

Answers

Answer: Disintermediated entitles or newcomers take on new Intermediary roles

Explanation:

Disintermediation refers to, for example, stockbrokers who only execute trade manually being left behind because of the development of online transactions.

However, new developments might bring new intermediary roles. Following our example, brokers who turn to electronic intermediation (or newcomers who take on the new intermediary role) prosper through reintermediation

The 15-year average return for the S&P 500 from January 1973 to December 2016 (29 separate 15 year periods) was as high as a 20% average annual return and as low as a 3.7% average annual return. Additionally, the average dividend yield for the S&P is 4.11% and the average annual dividend growth rate is 6.11%.

Using this information, please compare the investment in the 5% 15-year corporate bond with a $100,000 investment in a stock with a 3.7% dividend yield (10 percent less than the S&P 500 average yield) and a 3% dividend growth rate (50 percent of the S&P 500 dividend growth rate).

The annual investment returns are as follows:
Year 1 (13.40%) Year 2 (23.37%) Year 3 26.38% Year 4 8.99%
Year 5 3.00% Year 6 13.62% Year 7 3.53% Year 8 (38.49%)
Year 9 23.45% Year 10 12.78% Year 11 0.00 Year 12 13.41%
Year 13 29.60% Year 14 11.39% Year 15 (0.73%)


The bond interest payment of 5 percent is paid annually and not reinvested. To compare accurately with the bond investment, the stock dividend will not be reinvested, but paid annually as well.


Please calculate the value of the stock account at the end of each year and the dividend income from the stock on an annual basis.


Once you have performed the calculations, please let me know if you prefer to invest in a 5% corporate bond for 15 years or the stock and why.


What is the value of the stock after year 2? Year 8? Year 11? When does the annual dividend income of the stock exceed the annual interest income of the bond?

Answers

1. The value of the stock account after Year 2 is $155,401.626.

2. The value of the stock account after Year 8 is $96,110.0674.

3. The value of the stock account after Year 11 is $96,110.0674.

4. The annual dividend income of the stock exceeds the annual interest income of the bond at the end of Year 15.

Bond interest rate: 5%

Stock dividend yield: 3.7% (10% less than S&P 500 average yield)

Stock dividend growth rate: 3% (50% of S&P 500 dividend growth rate)

We'll assume an initial investment of $100,000.

Year 1:

Bond interest income: $100,000 * 0.05 = $5,000

Stock dividend income: $100,000 * 0.037 = $3,700

Value of stock account: $100,000 + ($100,000 * 0.2337) = $123,370

1. Year 2:

Bond interest income: $100,000 * 0.05 = $5,000

Stock dividend income: $100,000 * 0.037 = $3,700

Value of stock account: $123,370 + ($123,370 * 0.2638) = $155,401.626

2. Year 8:

Bond interest income: $100,000 * 0.05 = $5,000

Stock dividend income: $100,000 * 0.037 = $3,700

Value of stock account: $155,401.626 + ($155,401.626 * (-0.3849)) = $96,110.0674

3. Year 11:

Bond interest income: $100,000 * 0.05 = $5,000

Stock dividend income: $100,000 * 0.037 = $3,700

Value of stock account: $96,110.0674 + ($96,110.0674 * 0) = $96,110.0674

4. At the end of Year 15, the dividend income of the stock exceeds the interest income of the bond.

Stock dividend income: $100,000 * 0.037 = $3,700

Bond interest income: $100,000 * 0.05 = $5,000

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which of the following statements are true
a. the balance sheet should be prepared before the income statement .
b. the income statement should be prepared before the balance sheet
c.the balance sheet and the income statenent should be prepared simultaneously.
d. the order in which the balance sheet and the income statement are prepared is irrelevent ​

Answers

b) The income statement should be prepared before the balance sheet.

My reason for saying this is that when calculating the working capital on the balance sheet, we are going to have to add the net income/profit from the income statement. Hence I think the income statement must be prepared before the balance sheet.

WILL MARK BRAINLIEST
What is the difference between Medicare, Medicaid, and Social Security?

Answers

Medicaid is run by the state, and usually has a faster application process.
Social Security is run by the federal government through local offices.
Medicaid only provides medical benefits. Social Security provides a direct cash payment.

What notation, if any, is made in a formal business letter that contains additional documents in the envelope?

“More”
“Enc.” or “Att.”
“Add plus 1”
None of the above

Answers

Answer:

The notation that is made in a formal business letter that contains additional documents in the envelope is:

“Enc.” or “Att.”

Explanation:

"Enc." means "Enclosures," while "Att." means "Attention."  These notations draw the attention of the letter recipient to the fact that there are other documents that may be accompanying the business letter.  The plural form of the word "Enclosures" is regularly used with the number of enclosures indicated.  But if it is one document, then the word "Enclosure" is preferred, indicating that the document is not more than one.  When "Attention" or "Att." is used, the documents are listed.

What are met and unmet need of implementing a enterprise resource management system?

Answers

The implementation of an enterprise resource management system can provide numerous benefits such as:

improved efficiencybetter data managementstreamlined business processes.

What are benefits of implementing an enterprise RMS?

It helps to improve efficiency by automating and integrating various business processes which reduces the need for manual data entry and enabling real-time tracking of data. It also provide better data management by centralizing data storage and ensuring data accuracy and consistency across different departments.

This can lead to better decision-making and more informed business strategies which can lead to faster turnaround times, reduced costs, and increased productivity.

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Jilk Inc.'s contribution margin ratio is 60% and its fixed monthly expenses are $48,000. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $138,000

Answers

Answer:

The best estimate of the company's net operating income in a month is  $34,800.

Explanation:

This can be calculated using the following steps:

Step 1: Calculation of contribution margin

This can be calculated using the formula for calculating the contribution margin ratio as follows:

Contribution margin ratio = Contribution margin / Sales ........... (1)

where,

Substituting the values in the question into equation (1) and solve for contribution margin, we have:

60% = Contribution margin / $138,000

Contribution margin = 60% * $138,000 = $82,800

Step 2: Estimation of the company's net operating income in a month

This can be calculated using the following formula:

Net operating income = Contribution margin - Fixed expenses ......... (2)

Substituting the $82,800 obtained in Step 1 for contribution margin and the fixed monthly expenses of $48,000 in the question into equation (2), we have:

Net operating income = $82,800 - $48,000 = $34,800

Conclusion

From Step 2 above, the best estimate of the company's net operating income in a month is therfore $34,800.

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