Ruby operates a hobby supply store. she maintains her books using the cash method. at the end of the year, her accountant computes her accrual basis income that is used on her tax return. for 2019, ruby had cash receipts of $840,000, which included $100,000 collected on accounts receivable from 2018 sales. it also included the proceeds of a $50,000 bank loan. at the end of 2019, she had $175,000 in accounts receivable from customers, all from 2019 sales. ruby paid cash for all of the purchases. the total amount she paid for merchandise in 2019 was $560,000. at the end of 2018, she had merchandise on hand with a cost of $45,000. at the end of 2019, the cost of merchandise on hand was $80,000. ruby's accrual basis gross receipts for 2019 are $. the cost of goods sold for 2019 under the accrual method is $. the gross profit from merchandise sales for 2019 under the accrual basis is $.
Answers: 1
Business, 21.06.2019 13:30
According to the map, which continent has the most countries with a low gdp level? which two countries have the highest gdp level?
Answers: 1
Business, 22.06.2019 12:50
In june 2009, at the trough of the great recession, the bureau of labor statistics announced that of all adult americans, 140,196,000 were employed, 14,729,000 were unemployed and 80,729,000 were not in the labor force. use this information to calculate: a. the adult population b. the labor force c. the labor-force participation rate d. the unemployment rate
Answers: 3
Business, 22.06.2019 20:00
Richard is one of the leading college basketball players in the state of florida. he also maintains a good academic record. looking at his talent and potential, furman university offers to bear the expenses for his college education.
Answers: 3
Business, 22.06.2019 22:40
Southeastern oklahoma state university's business program has the facilities and faculty to handle an enrollment of 2,000 new students per semester. however, in an effort to limit class sizes to a "reasonable" level (under 200 generally), southeastern's dean, holly lutze, placed a ceiling on enrollment of 1,600 new students. although there was ample demand for business courses last semester, conflicting schedules allowed only 1,440 new students to take business courses.the utilization rate for southeastern=%the efficiency rate for southeastern=%
Answers: 3
Ruby operates a hobby supply store. she maintains her books using the cash method. at the end of the...
Health, 03.12.2020 01:50
Mathematics, 03.12.2020 01:50
Mathematics, 03.12.2020 01:50
History, 03.12.2020 01:50
History, 03.12.2020 01:50
Physics, 03.12.2020 01:50
Arts, 03.12.2020 01:50
English, 03.12.2020 01:50
Mathematics, 03.12.2020 01:50
Mathematics, 03.12.2020 01:50
History, 03.12.2020 01:50