subject
Physics, 06.03.2020 19:04 P05182010

The income statement for Piura Merchandising Corporation is as follows: Piura Merchandising Corporation Income Statement For the Year Ended December 31, 20X1 Sales $ 1,500,000 Cost of goods sold Beginning inventory $ 400,000 Purchases 800,000 Ending inventory (200,000) (1,000,000) Depreciation expense (100,000) Amortization of patent (20,000) Wages expense (80,000) Insurance expense (40,000) Income before taxes $ 260,000 Income taxes (all current) (104,000) Net income $ 156,000 Other information is as follows: A. Accounts payable decreased by $20,000 during the year. B. Accounts receivable increased by $20,000. C. All wages were paid at the beginning of the year; at the end of the year, wages payable had a balance of $12,000. D. Prepaid insurance increased by $24,000 during the year.

ansver
Answers: 3

Other questions on the subject: Physics

image
Physics, 21.06.2019 14:40, janessa0502
If the moon has a diameter of 2,159.14 miles, what is the maximum distance that it could be observed by the naked eye with enough detail that you could distinguish it from other celestial bodies (assuming that you have 20/20 vision)
Answers: 3
image
Physics, 21.06.2019 22:50, toddbecca9
Acar of mass m goes around a banked curve of radius r with speed v. if the road is frictionless due to ice, the car can still negotiate the curve if the horizontal component of the normal force on the car from the road is equal in magnitude to 101) a) mv2/r b) mg/2. d) mg e) tan[v2/(eg)]
Answers: 2
image
Physics, 21.06.2019 23:00, yourgirlnevaeh
For general projectile motion, when the projectile is at the highest point of its trajectory, its acceleration is zero? a)the horizontal and vertical components of its velocity are zero. b) its velocity is perpendicular to the acceleration. c)the horizontal component of its velocity is zero. d)its velocity and acceleration are both zero.
Answers: 1
image
Physics, 22.06.2019 03:50, ash011519
The force acting on a beam was measured under the same operating conditions and a sample of 5 data points was collected. this process was repeated by 3 observers. the pooled standard deviations of these 3 data sets was 1.21. determine the true mean force using all pooled data (with a 95% probability). the result should look like this: true mean = mean +/- margin of error
Answers: 1
You know the right answer?
The income statement for Piura Merchandising Corporation is as follows: Piura Merchandising Corporat...

Questions in other subjects: