Please correct me if I'm wrong. Just checking my work. Please
show all your steps and write neatly! (reposting bc the person that
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![Addition to retained earnings dividend net profit tax Earnings before tax $2,677.00 $1,105.00 $3,782.00 $1,544.76 $5,326.76 add add [ 3782 (1-0.29) x 0.29 ] Sales Costs interest Earnings before tax Depreciation $50,269.00 $37,937.00 $1,401.00 $5,326.76 $5,604.24 less: less: less:](http://img.homeworklib.com/questions/62fb2970-73db-11ea-a3aa-9f7f249c011e.png?x-oss-process=image/resize,w_560)
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Please correct me if I'm wrong. Just checking my work. Please
show all your steps and...
all my answers are wrong and i cannot figure out what i'm doing wrong, please help!...
all my answers are wrong and i cannot
figure out what i'm doing wrong, please help!
CANTON CORPORATION Income Statement for 20x1 Sales $187,200 (15,600 units at $12.00) Cost of goods sold 109,200 (15,600 units at $7.00) Gross profit $ 78,000 Selling and administrative expense 11,232 Depreciation 10,000 Operating profit $ 56, 768 Taxes (30%) 17,030 Aftertax income $ 39,738 a. Assume in 20X2 the same 15,600-unit volume is maintained but that the sales price increases by 10 percent. Because...
Hi, can you please check my work and tell me where I went wrong please? ive...
Hi, can you please check my work and tell me where I went
wrong please? ive tried countless times. thank you so much!
Premium Amortization On the first day of the fiscal year, a company issues a $1,500,000, 11%, 10-year bond that pays semiannual interest of $82,500 ($1,500,000 11% x V), receiving cash of $1,593,465. Journalize the first interest payment and the amortization of the related bond premium. Round to the nearest dollar. If an amount box does not require...
Please show all steps for the proofs. I'm having trouble wrapping my heads around these. 15.65CALC...
Please show all steps for the proofs. I'm having trouble
wrapping my heads around these.
15.65CALC Waves of Arbitrary Shape. (a) Explain why any wave described by a function of the form y(x, )f(x - ) hat when moves in the tx-direction with speed u. (b) Show that y(x,1) =f(x-v) satisfies the wave equation, no matter what he figure? the functional form of f. To do this, write y(x, rf(), where harp (fre- power P(x, r) as given by Eq....
Please make sure to double check your work for the correct answer & please show all...
Please make sure to double check your work for the correct
answer & please show all steps! Thank you.
For the most recent year, LMN, Inc., had sales of $467396, cost of goods sold of $234116, depreciation expense of $51178, and additions to retained earnings of $69054. The firm currently has 18455 shares of common stock outstanding, and the previous year's dividends per share were $1.31. Assuming a 27 percent income tax rate, what was the times interest earned ratio?...
Please check my work for me, if I did anything wrong please give me an explanation...
Please check my work for me, if
I did anything wrong please give me an explanation for the correct
answer. I have to do Balance sheet, RE statement, and Income
Statement base off the Adjusted Trial balance.
MAF, Inc. Adjusted Trial Balance Nine Months Ended September 30, 2020 237,130 1,135,000 60,000 750 320,000 3,500 (6,000) (2,500) 50,000 31,000 16,500 57,600 39,600 200,000 470,000 Cash Accounts receivable Allowance for uncollectible accounts Interest receivable Equipment Inventory Supplies Prepaid insurance Prepaid advertising Notes...
show work please just checking my answers # 7,500 #17 DOO # 22,500 45,000 X#20 / 0,05 = Value allocated to equipment...
show work please just checking my answers
# 7,500 #17 DOO # 22,500 45,000 X#20 / 0,05 = Value allocated to equipment = #45000 30,000/16000 Question 2 (12 points) On January 2, 2016, Alpha Company acquired a new machine by signing a 5 year note for 562,000. The estimated service life is eight years and the total units of output to be 200,000. The estimated residual value is $8,000. Using the straight-line method how much is: (Enter only whole dollar...
hi please help me with this i think i got it all wrong. Xy2 Company purchased...
hi please help me with this i think i got it all wrong.
Xy2 Company purchased a new machine to be used in their factory. The cost of the machine was $48,450. In addition, the following expenses were incurred: sales tax of 8%, a foundation on which to mount the machine $36 installation S280 and lunch for the installation crew $56. The used 2,200 hours in the first year, 1,950 and 2,020 hours in years two and three respectively. 1....
please just double check my work and correct me if im wrong thank you :) eramics...
please just double check my work and correct me if im wrong thank
you :)
eramics Etc. is a manufacturer of large tower pots for urtan settings. The company has these standard EEB (Click the loon to view the standards) (Click the icon to view the actual resuits.) Requirements Data Table Ceramics Etc. allocated fixed manufacturing overhead to production based on standard direct labor Data Table hours. Last month, the company reported the following actal results for the production of...
some of these are wrong but I'm not sure which, please help and show work. Thank...
some of these are wrong but I'm not sure which, please help and
show work. Thank you!
Tony and Suzie graduate from college in May 2021 and begin developing their new business. They begin by offering clinics for basic outdoor activities such as mountain biking or kayaking. Upon developing a customer base, they'll hold their first adventure races. These races will involve four-person teams that race from one checkpoint to the next using a combination of kayaking, mountain biking, orienteering,...
Please help me with this study guide! I'm getting conflicting results with my friends. 1. (15...
Please help me with this study guide! I'm getting conflicting
results with my friends.
1. (15 pts) With the following Income Statement find the following financial ratios: Income Statement - XYZ, Inc. - Jan 1 - Dec 31 Sales 800,000 Expenses Cost of Goods Sold 350,000 Gross Profit 450,000 Operating Expenses Salaries 180,000 Freight 15,000 Bad Debt 4,000 Utilities 22,000 Depreciation 14,000 Amortization 8,000 Insurance 12,000 Advertising 15,000 Interest 9,000 Miscellaneous 4,000 Total Oper Expenses 283,000 Operating Profit 167,000 Income...
all my answers are wrong and i cannot
figure out what i'm doing wrong, please help!
CANTON CORPORATION Income Statement for 20x1 Sales $187,200 (15,600 units at $12.00) Cost of goods sold 109,200 (15,600 units at $7.00) Gross profit $ 78,000 Selling and administrative expense 11,232 Depreciation 10,000 Operating profit $ 56, 768 Taxes (30%) 17,030 Aftertax income $ 39,738 a. Assume in 20X2 the same 15,600-unit volume is maintained but that the sales price increases by 10 percent. Because...
Hi, can you please check my work and tell me where I went
wrong please? ive tried countless times. thank you so much!
Premium Amortization On the first day of the fiscal year, a company issues a $1,500,000, 11%, 10-year bond that pays semiannual interest of $82,500 ($1,500,000 11% x V), receiving cash of $1,593,465. Journalize the first interest payment and the amortization of the related bond premium. Round to the nearest dollar. If an amount box does not require...
Please show all steps for the proofs. I'm having trouble
wrapping my heads around these.
15.65CALC Waves of Arbitrary Shape. (a) Explain why any wave described by a function of the form y(x, )f(x - ) hat when moves in the tx-direction with speed u. (b) Show that y(x,1) =f(x-v) satisfies the wave equation, no matter what he figure? the functional form of f. To do this, write y(x, rf(), where harp (fre- power P(x, r) as given by Eq....
Please make sure to double check your work for the correct
answer & please show all steps! Thank you.
For the most recent year, LMN, Inc., had sales of $467396, cost of goods sold of $234116, depreciation expense of $51178, and additions to retained earnings of $69054. The firm currently has 18455 shares of common stock outstanding, and the previous year's dividends per share were $1.31. Assuming a 27 percent income tax rate, what was the times interest earned ratio?...
Please check my work for me, if
I did anything wrong please give me an explanation for the correct
answer. I have to do Balance sheet, RE statement, and Income
Statement base off the Adjusted Trial balance.
MAF, Inc. Adjusted Trial Balance Nine Months Ended September 30, 2020 237,130 1,135,000 60,000 750 320,000 3,500 (6,000) (2,500) 50,000 31,000 16,500 57,600 39,600 200,000 470,000 Cash Accounts receivable Allowance for uncollectible accounts Interest receivable Equipment Inventory Supplies Prepaid insurance Prepaid advertising Notes...
show work please just checking my answers
# 7,500 #17 DOO # 22,500 45,000 X#20 / 0,05 = Value allocated to equipment = #45000 30,000/16000 Question 2 (12 points) On January 2, 2016, Alpha Company acquired a new machine by signing a 5 year note for 562,000. The estimated service life is eight years and the total units of output to be 200,000. The estimated residual value is $8,000. Using the straight-line method how much is: (Enter only whole dollar...
hi please help me with this i think i got it all wrong.
Xy2 Company purchased a new machine to be used in their factory. The cost of the machine was $48,450. In addition, the following expenses were incurred: sales tax of 8%, a foundation on which to mount the machine $36 installation S280 and lunch for the installation crew $56. The used 2,200 hours in the first year, 1,950 and 2,020 hours in years two and three respectively. 1....
please just double check my work and correct me if im wrong thank
you :)
eramics Etc. is a manufacturer of large tower pots for urtan settings. The company has these standard EEB (Click the loon to view the standards) (Click the icon to view the actual resuits.) Requirements Data Table Ceramics Etc. allocated fixed manufacturing overhead to production based on standard direct labor Data Table hours. Last month, the company reported the following actal results for the production of...
some of these are wrong but I'm not sure which, please help and
show work. Thank you!
Tony and Suzie graduate from college in May 2021 and begin developing their new business. They begin by offering clinics for basic outdoor activities such as mountain biking or kayaking. Upon developing a customer base, they'll hold their first adventure races. These races will involve four-person teams that race from one checkpoint to the next using a combination of kayaking, mountain biking, orienteering,...
Please help me with this study guide! I'm getting conflicting
results with my friends.
1. (15 pts) With the following Income Statement find the following financial ratios: Income Statement - XYZ, Inc. - Jan 1 - Dec 31 Sales 800,000 Expenses Cost of Goods Sold 350,000 Gross Profit 450,000 Operating Expenses Salaries 180,000 Freight 15,000 Bad Debt 4,000 Utilities 22,000 Depreciation 14,000 Amortization 8,000 Insurance 12,000 Advertising 15,000 Interest 9,000 Miscellaneous 4,000 Total Oper Expenses 283,000 Operating Profit 167,000 Income...
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