P5-5B An inexperienced accountant prepared this condensed income statement for Wright Company, a retail firm that has been in business for a number of years.WRIGHT COMPANY
Income Statement
For the Year Ended December 31, 2014
Revenues
Net sales $952,000
Other revenues 16,000
968,000
Cost of goods sold 548,000
Gross profit 420,000
Operating expenses
Selling expenses 160,000
Administrative expenses 104,000
264,000
Net earnings $156,000
As an experienced, knowledgeable accountant, you review the statement and determine the following facts.
1. Net sales consist of sales $972,000, less freight-out on merchandise sold $20,000.
2. Other revenues consist of sales discounts $12,000 and interest revenue $4,000.
3. Selling expenses consist of salespersons’ salaries $88,000; depreciation on equipment $4,000; sales returns and allowances $46,000; advertising $12,000; and sales commissions $10,000. All compensation should be recorded as Salaries and Wages Expense.
4. Administrative expenses consist of office salaries $54,000; dividends $14,000; utilities $13,000; interest expense $3,000; and rent expense $20,000, which includes prepayments totaling $2,000 for the first month of 2015. The utilities represent utilities paid. At December 31, utility expense of $3,000 has been incurred but not paid.
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I Think I Know How To Do C But The Rest Are A Bit Cloudy Can You Assist
/in Uncategorized /by developerI think I know how to do C – but the rest are a bit cloudy, can you assist?
Question #1
Suppose that the (inverse) demand curve for Cranberries is given by P = 40 − 6Q and TC = $4Q + $3Q2
A. What is equilibrium Price and Quantity and Profit if the market is competitive?
B. What is equilibrium Price and Quantity and Profit if there are two firms in the market (note Q = q1 + q2)?
C. What is equilibrium Price and Quantity and Profit if there are monopoly in the market (note Q = Q)?
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I Think I Need To Figure Out What Functional Form Has The Symmetry F T F T I Wa
/in Uncategorized /by developerIn an equilibrium system, the correlation between the ensemble average values of a dynamical variablesuch as the velocity fluctuation ov = v – (v) at two times , and to should depend only on the timedifference, t = t2 – 1, and not on the absolute values of to and t2. This means if we write down thetime correlation functionC(t) = (ov(ti )ov(tz)>and let $1 = 0,C(t) = (ov(0)ov(t)) = (ov(-t)ov(0))and switch the order of the two quantities in the angular brackets,C(t) = (60(0)ov(-t)) = C(-t)we can see there is symmetry in the time-correlation function C(t) = C(-t). 0(i) What does this result suggest for the functional form of C(t) at short times? Can it be a simpleexponential (i.e. exp(-at)) decay?(ii) If not, what other simple functional form would satisify C(t) = C(-t)?(iii) Can you give a physical reason behind the functional form you suggest?
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I Think It Is Important To Be Able To Observe Folks In Our Everyday Environment
/in Uncategorized /by developerI think it is important to be able to observe folks in our everyday environment. It can help us understand behaviors and even attitudes . Where do you think this type of observation might be particularly helpful? Any specific field of psychology come to mind?
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I Think My Calculations Are Wrong This Is The Quetion Prepare Income Statement P
/in Uncategorized /by developerP5-5B An inexperienced accountant prepared this condensed income statement for Wright Company, a retail firm that has been in business for a number of years.WRIGHT COMPANY
Income Statement
For the Year Ended December 31, 2014
Revenues
Net sales $952,000
Other revenues 16,000
968,000
Cost of goods sold 548,000
Gross profit 420,000
Operating expenses
Selling expenses 160,000
Administrative expenses 104,000
264,000
Net earnings $156,000
As an experienced, knowledgeable accountant, you review the statement and determine the following facts.
1. Net sales consist of sales $972,000, less freight-out on merchandise sold $20,000.
2. Other revenues consist of sales discounts $12,000 and interest revenue $4,000.
3. Selling expenses consist of salespersons’ salaries $88,000; depreciation on equipment $4,000; sales returns and allowances $46,000; advertising $12,000; and sales commissions $10,000. All compensation should be recorded as Salaries and Wages Expense.
4. Administrative expenses consist of office salaries $54,000; dividends $14,000; utilities $13,000; interest expense $3,000; and rent expense $20,000, which includes prepayments totaling $2,000 for the first month of 2015. The utilities represent utilities paid. At December 31, utility expense of $3,000 has been incurred but not paid.
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I Think The Answers Are Within This Website Services Au Ncconline Or You Can Sea
/in Uncategorized /by developerHi i need help with the following questions. I think the answers are within this website: services.abcb.gov.au/NCCOnline or you can search elsewhere under australian standards. I have 4 quick easy questions thanks for the help.
1. A five storey building has offices on all levels, two basements and a plant room on the top floor. The amount of office space on a typical floor is 1300 m2. For a typical floor in this building, what is the minimum total width in millimetres of a required exit?
Ans:
2. A five storey building has offices on all levels, two basements and a plant room on the top floor. If there are to be 500 employees of the company accommodated in this building, what minimum total number of closet pans must be provided for female employees in the building?
Ans:
3. A five storey building has offices on all levels, two basements and a plant room on the top floor. If there are to be 500 employees of the company accommodated in this building, what minimum total number of washbasins must be provided for female employees in the building?
Ans:
4. A five storey building has offices on all levels, two basements and a plant room on the top floor. If there are to be 500 employees of the company accommodated in this building, what minimum total number of urinals must be provided for male employees in the building?
Ans:
Thanks for you help. Can you show working if possible for each question
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I Think The Correct Answer Is B Am I Right
/in Uncategorized /by developerI think the correct answer is b, am I right?
Identify the correct sentence.
Question 33 options:
a)
Not far from the studio is an Italian restaurant, a gas station, and a park that has a running path.
b)
Not far from the studio are an Italian restaurant, a gas station, and a park that has a running path.
c)
Not far from the studio are an Italian restaurant, a gas station, and a park that have a running path.
d)
Not far from the studio is an Italian restaurant, a gas station, and a park that have a running path.
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I Thought The Total Variable Cost Was 24 8 And The Operating Income Was 390 600
/in Uncategorized /by developerI am having a hard time with Part B of this assignment. I thought the total variable cost was $24.8 and the operating income was $390,600 but apparently I am wrong. Could I please get some help on this assignment?
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I Too Am Often Intrigued By The Zimbardo Prison Study It Is Amazing How Quickly
/in Uncategorized /by developerI too am often intrigued by the Zimbardo prison study. It is amazing how quickly humans altered their human behavior to match the situation they were placed in. As a study, we can see how this might relate to something like Nazi Germany. We can clearly see how the soldiers, in probably a very short period of time, had to change their behavior to fit the situation that they were placed in. Although it can be difficult at times to draw conclusions from studies that take place in the lab, we can see how this study certainly relates to events that have occurred in our human history. I think the situation is a powerful predictor, but so can the leader like you mentioned in your post.
Thank you for highlighting the importance of keeping participants safe. Can Zimbardo, for example, have kept his participants safe by doing the experiment in a different way?
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I Took Mba 7100 And During The Course Time We Did The Mid Term Exam Which Worth
/in Uncategorized /by developerplease see the attached letter I want you to rewrit it in a perfect way. I just put what I want it to be in the letter so please help me and rewrit it but with the same information because it is an appeal letter.
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I Tried To Follow The Instructions On The Virtual Lab In The Link Http Www Com B
/in Uncategorized /by developerHi. I tried to follow the instructions on the virtual lab in the link: http://www.mhhe.com/biosci/genbio/virtual_labs/BL_26/BL_26.html. I am not able to figure out how to do the sequences correctly by following the mutation rules. For example, the mutation rule that says “delete the 2nd C,” the mutated sequence was given, but not the original sequence. So, I did the original sequence the same as the mutated sequence, but I just removed the 2nd C, so there was a gap there. I put the same amino acids, too. However, whenever I click on “check” it says I am wrong every time. I am not able to figure out how to do the lab correctly. Can you please help me? Thank you.
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