Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $295,000; cash paid for rent, $31,000; cash paid to employees for services rendered during the year, $111,000; cash paid for utilities, $41,000. in addition, you determine that customers owed the company $51,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $1,100 at year-end, and the rent payment was for a two-year period. calculate accrual net income for the year.
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Business, 21.06.2019 17:10, miguelc2145
At the beginning of the accounting period, nutrition incorporated estimated that total fixed overhead cost would be $50,600 and that sales volume would be 10,000 units. at the end of the accounting period actual fixed overhead was $56,100 and actual sales volume was 11,000 units. nutrition uses a predetermined overhead rate and a cost plus pricing model to establish its sales price. based on this information the overhead spending variance is multiple choice $5,500 favorable. $440 favorable. $5,500 unfavorable. $440 unfavorable.
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Business, 21.06.2019 22:30, tyneshiajones124
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
Business, 22.06.2019 17:20, shakira11harvey6
Andy owns islander surfboard inc. in the past, andy has always given his employees bonuses during the holidays if they reached certain sales goals. this year, even though the company is thriving, he decided to cut bonuses from employees and award them to himself instead. what ethical theory of leadership is andy following?
Answers: 1
Cash flows during the first year of operations for the harman-kardon consulting company were as foll...
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