Atkinson Company has the following information: Month Budgeted Sales January $76,000 February 85,000 March 92,000 April 80,000 Budgeted Operating Expenses Per Month Wages $15,000 Advertising 12,000 Depreciation 3,000 Other expenses 4% of sales All cash expenses are paid as incurred. What are the total operating expenses budgeted for the month of April
Answers: 1
Business, 21.06.2019 17:30, deduran
Following are the transactions for valdez services. the company paid $2,000 cash for payment on a 6-month-old account payable for office supplies. the company paid $1,200 cash for the just completed two-week salary of the receptionist. the company paid $39,000 cash for equipment purchased. the company paid $800 cash for this month’s utilities. the company paid $4,500 cash in dividends to the owner (sole shareholder). examine the above transactions and identify those that create expenses for valdez services. prepare general journal entries to record those transactions that created expenses in the above given order.
Answers: 2
Business, 21.06.2019 19:30, jluckie080117
In business, what would be the input, conversion and output of operating a summer band camp
Answers: 1
Business, 22.06.2019 03:20, nakeytrag
The treasurer for pittsburgh iron works wishes to use financial futures to hedge her interest rate exposure. she will sell five treasury futures contracts at $139,000 per contract. it is july and the contracts must be closed out in december of this year. long-term interest rates are currently 7.30 percent. if they increase to 9.50 percent, assume the value of the contracts will go down by 20 percent. also if interest rates do increase by 2.2 percent, assume the firm will have additional interest expense on its business loans and other commitments of $149,000. this expense, of course, will be separate from the futures contracts. a. what will be the profit or loss on the futures contract if interest rates increase to 9.50 percent by december when the contract is closed out
Answers: 1
Business, 22.06.2019 11:10, addsd
Sam and diane are completing their federal income taxes for the year and have identified the amounts listed here. how much can they rightfully deduct? • agi: $80,000 • medical and dental expenses: $9,000 • state income taxes: $3,500 • mortgage interest: $9,500 • charitable contributions: $1,000.
Answers: 1
Atkinson Company has the following information: Month Budgeted Sales January $76,000 February 85,000...
Mathematics, 31.01.2020 16:46
Physics, 31.01.2020 16:46
Mathematics, 31.01.2020 16:46
Mathematics, 31.01.2020 16:46
Social Studies, 31.01.2020 16:46
Physics, 31.01.2020 16:46
Biology, 31.01.2020 16:46
Physics, 31.01.2020 16:46