Business, 01.10.2019 04:00 mdaniella522
Krauss company's income statement for the year ended december 31, 2017, contained the following condensed information.
service revenue $845,540
operating expenses (excluding depreciation). $625,700
depreciation expense 57,390
loss on sale of equipment 29,170 712,260
income before income taxes 133,280
income tax expense 40,190
net income $93,090
krauss's balance sheet contained the following comparative data at december 31.
2017 2016
accounts receivable $36,010 $59,510
accounts payable 45,780 31,020
income taxes payable 4,070 8,680
(accounts payable pertains to operating expenses.)
using the direct method, what is the net cash provided by operating activities?
Answers: 3
Business, 22.06.2019 10:00, bob7220
Your father offers you a choice of $120,000 in 11 years or $48,500 today. use appendix b as an approximate answer, but calculate your final answer using the formula and financial calculator methods. a-1. if money is discounted at 11 percent, what is the present value of the $120,000?
Answers: 3
Business, 22.06.2019 11:00, sbelgirl2000
Consider an economy where government expenditures are 10 and total tax revenues are 10. the supply of labor is fixed at 125 and the supply of capital is fixed at 8. the economy is described by the following equations. y k to the power of 1 divided by 3 end exponent l to the power of 2 divided by 3 end exponent c 2.5 + 0.75 ( y - t ) i 10 - 0.5 r the level of private savings is
Answers: 1
Business, 22.06.2019 17:30, brittanyjacob8
Kevin and jenny, who are both working full-time, have three children all under the age of ten. the two youngest children, who are three and five years old, attended eastside pre-school for a total cost of $3,000. ervin, who is nine, attended big kid daycare after school at a cost of $2,000. jenny has earned income of $15,000 and kevin earns $14,000. what amount of childcare expenses should be used to determine the child and dependent care credit?
Answers: 3
Krauss company's income statement for the year ended december 31, 2017, contained the following cond...
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