subject
Business, 28.02.2020 02:25 ImGoodAtLife7797

Presented below is information for Cullumber Co. for the month of January 2022.

Cost of goods sold $201,500 Rent expense $33,900
Freight-out 6,300 Sales discounts 10,000
Insurance expense 13,400 Sales returns and allowances 17,000
Salaries and wages expense 61,200 Sales revenue 400,000
Income tax expense 5,300 Other comprehensive income (net of $400 tax) 2000

a. Prepare an income statement using the multi-step format.
b. Prepare a comprehensive income statement.
c. Calculate the profit margin and the gross profit rate.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 13:30
Corporation b reported earnings per share of $10. corporation b has 100,000 shares of common stock outstanding and reported an increase in owners' equity of $400,000 for the period. corporation b paid $50,000 in interest expense during the period. corporation b paid dividends per share of
Answers: 3
question
Business, 21.06.2019 23:00
The monthly payment m of a loan of amount p for y years with an interest rate r can be calculated by the formula: m = p(r/12) 1 â’ (1 + r/12)â’12y calculate the monthly payment and the cummulative total payment for a $100,000 loan with an interest rate of 4.85% if taken out for 10 years, for 11 years, etc., up to a 30 year term. display the results in a three-column table where the first column is the number of years, the second is the monthly payment, and the third is the cummulative total payment. note: use format bank; for this problem. also, remember to represent the interest rate as a decimal (e.g. 0.0485) 2. a torus-shaped water tube is designed to have a volume of 8, 000in3 . the volume of the tube, v , and its surface area, s, are given by: v = 1 4 ď€ 2 (a + b)(b â’ a) 2 s = ď€ 2 (b 2 â’ a 2 ) if a = kb, determine s, a, and b for k = 0.2, 0.3, 0.7. display the results in a table
Answers: 1
question
Business, 22.06.2019 08:30
An employer who is considering hiring eva has asked donna, eva’s former supervisor, for a report on eva. in truth, eva’s work for donna has been only average. however, eva is donna’s friend, and donna knows that eva probably will not get the job if she says anything negative about eva, and donna knows that eva desperately needs the job. further, donna knows that if the situation were reversed, she would not want eva to mention her deficiencies. nevertheless, it has been donna’s policy to reveal the deficiencies of employees when she has been asked for references by employers, and she knows that some of eva’s faults may be bothersome to this particular employer. finally, this employer has leveled with donna in the past when donna has asked for a report on people who have worked for him. should donna reveal deficiencies in eva’s past performance? (remember to use one of the three moral theories acceptable for this test to solve this dilemma. any discussion of any personal opinion, religious perspective, or theory other than the moral theories acceptable for this test will result in a score of "0" for this question.)
Answers: 1
question
Business, 22.06.2019 10:00
The solution set for -18 < 5x-3 iso-3х3< xо-3хo3 > x
Answers: 3
You know the right answer?
Presented below is information for Cullumber Co. for the month of January 2022.

Cost of...
Questions
question
English, 29.12.2019 00:31
question
Arts, 29.12.2019 00:31
question
Mathematics, 29.12.2019 00:31
Questions on the website: 13722359