Jing company was started on january 1, year 1 when it issued common stock for $28,000 cash. also, on january 1, year 1 the company purchased office equipment that cost $15,200 cash. the equipment was delivered under terms fob shipping point, and transportation cost was $1300. the equipment had a five-year useful life and a $5700 expected salvage value. assume that jing company earned $17,400 cash revenue and incurred $11,000 in cash expenses in year 3. using straight-line depreciation and assuming that the office equipment was sold on december 31, year 3 for $8900, the amount of net income or (loss) appearing on the december 31, year 3 income statement would be:

Long-distance providers are becoming increasingly concerned about certain activities within their industry. various companies come together voluntarily to implement new standards of social responsibility that members must abide by. what seems to be the primary motivation in this case for an increased interest in social responsibility? - because corporations are creations of society, they are responsible for giving back to the communities in which they operate.- these companies have realized it is in their best interest to increase their social responsibility before they are once again subject to stricter regulations.- these companies are using social responsibility as a means to increase their profitability, both short term and long term.- long-distance providers have started taking pride in their industry and its record for social responsibility.- they feel a responsibility to their stockholders, employees, the government, investors, and society as a whole.

Harry is 25 years old with a 1.55 rating factor for his auto insurance. if his annual base premium is $1,012, what is his total premium? $1,568.60 $2,530 $1,582.55 $1,842.25

Fractional reserve banking which of the following statements about fractional reserve banking are correct? check all that apply. fractional reserve banking allows banks to create money through the lending process. fractional reserve banking does not allow banks to hold excess reserves. fractional reserve banking allows banks to create additional wealth by lending some reserves. fractional reserve banking relies on everyone not withdrawing their money at the same time.