subject
Business, 08.07.2019 20:30 benji2246

In its first year of operations, roma company reports the following: earned revenues of $45,000 ($37,000 cash received from customers). incurred expenses of $25,500 ($20,250 cash paid toward them). prepaid $6,750 cash for costs that will not be expensed until next year. compute the company’s first-year net income under both the cash basis and the accrual basis of accounting.

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 19:20, Gabby2581
Win goods inc. is a large multinational conglomerate. as a single business unit, the company's stock price is estimated to be $200. however, by adding the actual market stock prices of each of its individual business units, the stock price of the company as one unit would be $300. what is win goods experiencing in this scenario? a. diversification discount b. learning-curveeffects c. experience-curveeffects d. economies of scale
Answers: 1
image
Business, 22.06.2019 21:00, sofiaisabelaguozdpez
Roberto and reagan are both 25 percent owner/managers for bright light inc. roberto runs the retail store in sacramento, ca, and reagan runs the retail store in san francisco, ca. bright light inc. generated a $125,000 profit companywide made up of a $75,000 profit from the sacramento store, a ($25,000) loss from the san francisco store, and a combined $75,000 profit from the remaining stores. if bright light inc. is an s corporation, how much income will be allocated to roberto?
Answers: 2
image
Business, 23.06.2019 07:00, brokegirlyy
Rare beef roasts can be cooked to what internal temperature? a) 120°f b) 130°f c) 145°f d) 155°f
Answers: 1
image
Business, 23.06.2019 07:50, chevysilverado2377
Acountry has reached a level of economic development where the manufacturing of both semidurable and nondurable consumer goods has just begun. also, the goods demanded relate to equipment and supplies to support manufacturing. in which stage of rostow’s five-stage model of economic growth does the country fit?
Answers: 1
You know the right answer?
In its first year of operations, roma company reports the following: earned revenues of $45,000 ($3...

Questions in other subjects:

Konu
Mathematics, 27.03.2020 01:02