subject
Business, 23.07.2019 05:20 BreadOfTheBear

During the month of march 2017, weimar world, a tax-preparation service, had the following transactions.
* billed $496,000 in revenues on credit
* received $164,000 from customers' accounts receivable
* incurred expenses of $194,000 but only paid $87,700 cash for these expenses
* prepaid $32,220 for computer services to be used next month
what was the company's accrual basis net income for the month

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 22:30
Match the vocabulary word to the correct definition. 1. compensation 2. corporate social responsibility 3. discrimination 4. benefits 5. biodegradable a. a business’s obligation to the community and the environment b. the ability to naturally break down or decompose c. treating someone differently because of his or her race, religion,gender, sexual orientation, or disabilities d. indirect and non-cash compensation paid to employees e. the salary and other benefits for doing a job
Answers: 1
question
Business, 22.06.2019 07:30
When the national economy goes from bad to better, market research shows changes in the sales at various types of restaurants. projected 2011 sales at quick-service restaurants are $164.8 billion, which was 3% better than in 2010. projected 2011 sales at full-service restaurants are $184.2 billion, which was 1.2% better than in 2010. how will the dollar growth in quick-service restaurants sales compared to the dollar growth for full-service places?
Answers: 2
question
Business, 22.06.2019 17:10
Storico co. just paid a dividend of $3.15 per share. the company will increase its dividend by 20 percent next year and then reduce its dividend growth rate by 5 percentage points per year until it reaches the industry average of 5 percent dividend growth, after which the company will keep a constant growth rate forever. if the required return on the company’s stock is 12 percent, what will a share of stock sell for today?
Answers: 1
question
Business, 22.06.2019 20:00
Assume the perpetual inventory method is used. 1) the company purchased $12,500 of merchandise on account under terms 2/10, n/30. 2) the company returned $1,200 of merchandise to the supplier before payment was made. 3) the liability was paid within the discount period. 4) all of the merchandise purchased was sold for $18,800 cash. what effect will the return of merchandise to the supplier have on the accounting equation?
Answers: 2
You know the right answer?
During the month of march 2017, weimar world, a tax-preparation service, had the following transacti...
Questions
question
Mathematics, 04.05.2021 02:00
question
History, 04.05.2021 02:00
question
Biology, 04.05.2021 02:00
Questions on the website: 13722367