# Prepare an income statement for the year ended December 31, 2009. (Assume that

36,695 results, page 14

### Business Maths

How do i calculate this proble and enter it in a journal entry: On January 1, the long-term liability section of a company’s balance sheet showed a balance of $20,000 in the bonds payable account. On December 31, the balance in the same account was $35,000. The change would ...

### Accounting

Your firm has the following income statement items: sales of $50,250,000; income tax of $1,744,000; operating expenses of $10,115,000; cost of goods sold of $35,025,000; and interest expense of $750,000. What is the amount of the firm's income before tax? 3) _______ A) $750,...

### Finance 200

The treasurer for Thornton Pipe and Steel Company wishes to use financial futures to hedge her interest rate exposure. She will sell five Treasury futures contracts at $105,000 per contract. It is July and the contracts must be closed out in December of this year. Long-term ...

### English

Can you please proofread this for grammar and spelling. If there is anything that needs to be changed please let me know. I was denied financial aid for college because they said that my dad made to much money but my dad has been unemployed for the last year. So this is a ...

### maceroenocmics

The money supply in $1 trillion, the price level equals 2, and real GDP is $5 trillion in base-year dollars. What is the income velocity

### Statistics

In a recent year, Delaware had the highest per capita annual income with $51,803. If o=$4850, find the mean X that falls at the 95th percentile for a sample of 35 residents.

### Finance

The Norman Automatic mailer Machine Company is planning to expand production. The expansion will cost $2000,000, which can either be financed by bonds at an interest rate of 12 percent or by selling 40,000 shares of common stock at $50 per share. The current income statement ...

### geometry

I had to complete the following solution by filling in the missing statements and reasons. I filled out the statements, but am having trouble wording the last two reasons. Following solution: x-2(3x-4)=18 Statement: x-2(3x-4)=18 Reason: Given Statement: x-6x+8=18 Reason: ...

### MicroEconomics

You are a typical person in the US economy. You pay 4 percent of your income in a state income tax and 15.3 percent of your labor earnings in federal payroll taxes (employer and employees share combined) You also pay federal income taxes 15%. How much tax of each type do you ...

### Math

A carousel at Playland, contains 38 horses. each carousel ride takes 4 minutes, riders need 3 minutes to exit and newcomber require 3 minutes to pick a horse and hop on. A carousel ride costs $0.75. The carousel makes $88,239.00 a year. How many horses are occupied per ride, ...

### Biophysics

Assume a liter of milk has an activity of 2400 pCi due to 40K. If a person drinks 2 glasses (0.460 l) per day, estimate the total dose (rem) received in a year. As a crude model, assume the milk stays in the stomach 13.5hr and is then released. Assume also that 15.0 percent of...

### Physics

11) Assume a liter of milk has an activity of 2400 pCi due to 40K. If a person drinks 2 glasses (0.460 l) per day, estimate the total dose (rem) received in a year. As a crude model, assume the milk stays in the stomach 13.5hr and is then released. Assume also that 15.0 ...

### Chemistry

My chemistry is bad. I know these are very easy but I cannot solve them . 1. a) Prepare 200 ml of 2 M HCl solution from stock bottle containing 37% w/w HCl and d = 1.2 (g/ml). MWHCl = 36.5 g b) Calculate M of 37% w/w HCl solution? d= 1.2, then solve the above problem 2. a) ...

### taxation

noncash items received as income must be included in income at their fair market value true or false?

### Math

If your annual income from a part-time job is $2,698, and the inflation rate is 4 percent, what is the purchasing power of your income?

### math

If your annual income from a part-time job is $4523, and the inflation rate is 6 percent, what is the purchasing power of your income?

### design of rc structure

Design a circular overhead water tank of 200 kL capacity overa staging of 25 m.Assume suitable propertions and prepare detailed structural drawings.

### Maths

What is the income when saving = 1870 And expenditure =83% of income

### Precalculus II

1. The number of hours of daylight D(t) in Halifax at day t can be approximated by the function D(t) = a sin(bt + c) + d, where t = 1 on January 1, and t = 365 on December 31. The period is one year, and the cycle starts on the vernal equinox, March 21, which has 12 hours of ...

### Math - Probability

19. On the 24th of December for the past 10 years it has snowed eight times. What is the chance for snow this next December 24? 20. Congressman X is up for his 6th term. Thus far in five elections he has won by 58,56,62,70, and 54 percent. On this basis of past record, with no...

### finance

28. Ag Silver Mining, Inc. has $500,000 of earnings before interest and taxes at the year end. Interest expenses for the year were $10,000. The firm expects to distribute $100,000 in dividends. Calculate the earnings after taxes for the firm assuming a 40 percent tax on ...

### finance

28. Ag Silver Mining, Inc. has $500,000 of earnings before interest and taxes at the year end. Interest expenses for the year were $10,000. The firm expects to distribute $100,000 in dividends. Calculate the earnings after taxes for the firm assuming a 40 percent tax on ...

### finance

28. Ag Silver Mining, Inc. has $500,000 of earnings before interest and taxes at the year end. Interest expenses for the year were $10,000. The firm expects to distribute $100,000 in dividends. Calculate the earnings after taxes for the firm assuming a 40 percent tax on ...

### Finance

Ag Silver Mining, Inc. has $500,000 of earnings before interest and taxes at the year end. Interest expenses for the year were $10,000. The firm expects to distribute $100,000 in dividends. Calculate the earnings after taxes for the firm assuming a 40 percent tax on ordinary ...

### Finance

28. Ag Silver Mining, Inc. has $500,000 of earnings before interest and taxes at the year end. Interest expenses for the year were $10,000. The firm expects to distribute $100,000 in dividends. Calculate the earnings after taxes for the firm assuming a 40 percent tax on ...

### Finance

Ag Silver Mining, Inc. has $500,000 of earnings before interest and taxes at the year end. Interest expenses for the year were $10,000. The firm expects to distribute $100,000 in dividends. Calculate the earnings after taxes for the firm assuming a 40 percent tax on ordinary ...

### finance

1. Assume investors expect a 2.0 percent real rate of return over the next year. If inflation is expected to be 0.5 percent, what is the expected nominal interest rate for a one-year U.S. Treasury security?

### finance

Assume investors expect a 2.0 percent real rate of return over the next year. If inflation is expected to be 0.5 percent, what is the expected nominal interest rate for a one-year U.S. Treasury security?

### Math

The table below shows the number of deaths in the U.S. in a year due to a variety of causes. For these questions, assume these values are not changing from year to year, and that the population of the United States is 312 million people. Table: Cause Deaths Passenger car ...

### Logic

Draw a flowchart for a program that reads a date in an 8-digit sequence (month, day, year) and determines if the date is a valid date. ignore leap year. Assume Feb has 28 days, and establish a table of days in a month so that you can access the appropriate month to determine ...

### Math-which is correct

1 euro is worth 1.2 U.S dollars if I budget 150$ per night for a hotel room. What is the maximum number of euros I should spend for a room? My answer is 108 euros as a maximum (with an actual number of 107.425) Correct??? * Math-check my answer - DrBob222, Tuesday, September ...

### reading and writing

Which of the following is a common error in composing a thesis statement? A. Your thesis statement is specific as opposed to general. B. You offer an original perspective on a familiar theme. C. You focus your thesis statement after you begin writing. D. Your thesis statement ...

### MARKETING

8. Net-4-You is an Internet Service Provider that charges its 1 million customers $19.95 per month for its service. The company's variable costs are $.50 per customer per month. In addition, the company spends $.50 per month per customer. or $6 million annually, on a customer ...

### math

Suppose that you want to purchase a home for $450,000 with a 30 year mortgage at 6% interest. Suppose that you can put 40% down. Assume that the monthly cost to finance $1,000 is $6.00. What is the total amount of interest paid on the 30 year loan?

### Please Help

Suppose that you want to purchase a home for $450,000 with a 30 year mortgage at 6% interest. Suppose that you can put 40% down. Assume that the monthly cost to finance $1,000 is $6.00. What is the total amount of interest paid on the 30 year loan?

### Finance

Shop-Til-You-Drop Inc. recently reported net income of $5.2 million and depreciation of $600,000. What is was net cash flow? Assume it has no amortization expense.

### Math

A researcher tagged 40 giant turtles in 2008.In 2009 she returned and captured 50 turtles,16 of which were tagged.In 2010,she returned again and captured 30 turtles,8 of which were tagged. ....use a proportion to estimate the turtle population for both 2009 and 2010........I ...

### accounting

On January 1, 2012, White Water issues $500,000 of 6% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 5%, the bonds will issue at $562,757.

### accounting

On January 1, 2012, White Water issues $500,000 of 6% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 5%, the bonds will issue at $562,757.

### Economics(Please respond, thank you)

The table below shows the market basket quantities and prices for the base year (year 1) Base year 1 Price in price Quantity base year yr 2 Product Pizza 15 $3 $3.75 t-shirts 4 $10 $9 rent 1 $500 $550 In year 1 the CPI was? In year 2 the CPI was? I know that cpi= (expenditures...

### economics

According to the permanent income hypothesis, households will tend to react to a temporary tax cut by? A) assuming the new tax level will be permanent. B) saving most of the additional disposable income. C) increasing consumption sharply in response to the higher disposable ...

### Case Management

I have to identify and discuss what approach (ego psychology, behaviorism, cognitive-behaviorism, and crisis intervention) would be most successful with the following clients. I believe I know the correct approaches but cannot explain why. Can someone please help and also ...

### Accounting

Les Fleurs, a boutique in Paris, France, had the following accounts in its accounting records at December 31, 20X2 (amounts in Euros, denoted as "E") Purchases………………... E250,000 Freight In……………… E8,000 Sales discounts…………. 4,000 Purchase returns...

### economics cost analysis

The XYZ corporation is planning to purchase an extruder at a purchase price of $350,000. XYZ plans to make down payment of 25% of the first cost of the extruder and to make a 7 year,10% yearly payment loan for the rest of the first cost of the extruder. XYZ believes that the ...

### college algebra

A car salesperson's annual income depends on the amount of his sales. His annual income is a salary of $11500 plus 12% of his annual sales. Write a linear equation for his annual income for sales of x dollars. ( I = mx + b ). 11500=I i Don't know what is mx+b is.

### economics

Suppose that the resident of vegopia spend all of their income on cauliflower,broccoli and carrots.in 2006 they buy 100 heads of cauliflower for $200,50 bunches of broccoli for $75 and 500 carrots for $50.in 2007 they buy 75 heads of cauliflower for $225,80 bunches of broccoli...

### help please

Financial advistors generally figure that one's disposable income will be _________percent(%)less than the gross income. A.5-10 B.10-20 C.20-30 D.40-50 i got C what do you think?

### gulf model

anil spent1/4 of his income on food 2/5 donated 1/6 on other expenses if he was left with 10000. find his monthly income

### Economics

Suppose the price elasticity of demand for a novel translated into English is perfectly inelastic. Assume the initial price of the novel is $24 and the quantity demanded is 222 copies per year. If the price of the novel increases by $3, then the quantity demanded will be ___ ...

### algebra with application

Suppose that you want to purchase a home for $450,000 with a 30 year mortgage at 6% interest. Suppose that you can put 20% down. Assume that the monthly cost to finance $1,000 is $6.00. What is the total amount of interest paid on the 30 year loan?

### Ecomonics(Urgent,please respond)

The table below shows the market basket quantities and prices for the base year (year 1) Base year 1 Price in price Quantity base year yr 2 Product Pizza 15 $3 $3.75 t-shirts 4 $10 $9 rent 1 $500 $550 In year 1 the CPI was? In year 2 the CPI was? I know that cpi= (expenditures...

### Intro to Accounting

Les Fleurs, a boutique in Paris, France, had the following accounts in its accounting records at December 31, 20X2 (amounts in Euros, denoted as "E") Purchases………………... E250,000 Freight In……………… E8,000 Sales discounts…………. 4,000 Purchase returns...

### fiancial accounting

Palomar Paper Products purchased land in 1990 for $15,000 cash. The company has held the land since that time. In 2008 Palomar purchased another tract of land for $15,000 cash. Assume that prices in general increases by 60 percent from 1990 to 2008. a. Assuming that Palomar ...

### accounting

What is the impact on the income statement if the cost of goods availaable were to be incorrectly assigned to the cost of goods sold? Also, is there an impact to the balance sheet?

### English

Writeacher, could you please check these sentences I wrote about a listening a need to prepare for tomorrow. 1) An elderly man remembers the regional tradition on New Year’s Eve when he was a child . In particular, what made New Year’s Eve special (for him?) was that most ...

### pre-calculus

$100,000 is divided into two investments with annual returns of 4% and 7.5%. find the amount invested at the lower rate if the total income at the end of the year is $5050?

### pre-calculus

$100,000 is divided into two investments with annual returns of 4% and 7.5%. find the amount invested at the lower rate if the total income at the end of the year is $5050?

### math

Julia is offered a job selling advertising for two different companies. Company A offers a base salary of $30,000 per year plus a year-end bonus equal to 3% of her total sales. Company B offers a base salary of $25,000 per year plus a year-end bonus equal to 5% of her total ...

### economics

Suppose the residents of Vegopia spend all of their income on cauliflower, broccoli, and carrots. In 2006, they buy 100 heads of cauliflower for $2 each, 50 bunches of broccoli for $1.50 each, and 500 carrots for $0.10 each. In 2007, they buy 100 heads of cauliflower for $3 ...

### Accounting

Absorption Income versus Contribution Margin Income Absorption Income versus Contribution Margin Income Given the computations for both gross profit on sales and contribution margin, can you give specific benefits to be derived from gross profit on sales as opposed to ...

### math

Sara had just rented her first apartment starting December 1 before beginning college in January. The apartment had washer and dryer hook-ups, so Sara wanted to buy the appliances to avoid trips to the Laundromat. The Saturday newspaper had an advertisement for a local ...

### Calculus

Suppose a certain country's population has constant relative birth and death rates of 97 births per thousand people per year and 47 deaths per thousand people per year respectively. Assume also that approximately 30000 people emigrate (leave) from the country every year. Which...

### Corporate Finance

Your firm is looking at 3 projects, each costing $500,000: A is estimated to save $125,000 per year for 5 years; B is estimated to save $75,000 for 6 years plus generate tax savings of $20,000 per year; C is estimated to save $75,000 per year for 10 years but requires ...

### accounting

Wendell Corporation exchanged an old truck and $25,500 cash for a new truck. The old truck had a book value of $6,000 (original cost of $25,000 less $19,000 in accumulated depreciation) and a fair value of $7,700. Required: 1. Prepare the journal entry to record the exchange. ...

### macro

Assume that the utility function of a consumer is given by U = ln c1 + ln c2 The interest rate is given by 5% and the endowments are given by (y1, y2) = (100, 120). (a) Draw the budget constraint. (b) Calculate the consumption and saving in period 1. (c) Draw the indifference ...

### math

Assume that you start with $900 per month healthcare increase and add five percent(5%) per year for the two (2) remaining years of a three year contract. Show the cash value and roll-up value of the increase

### Math

Suppose a person were to breath an average of 16 times per minute. How many years would it take for them to breath one billion times? Assume there are 365 days in one year. Round your answer to the nearest single year.

### Grammar and capitalization

Select the sentence with the correct capitalization. A) While driving his Mercedes down Main Street, he was rear-ended by a Toyota. B) While driving his Mercedes down Main street, he was rear-ended by a Toyota. C) while driving his mercedes down Main Street, he was rear-ended ...

### accounting

John's specialty store uses a perpetual inveentory system. the following are some inventory transaction for the month of may 2009. John's purchased merchandise on account for $5,000. FREIGHT CHARGE OF $300 WERE PAID IN CASH. JOHN'S RETURNED SOME OF THE MERCHANDISE PURCHASED IN...

### Accounting

Imagen Arquitectonica of Tijuana, Mexico is contemplating a major change in its cost structure. Currently, all of its drafting work is performed by skilled draftsmen. Alfredo Ayala, Imagen's owner, is considering replacing the draftsmen with a computerized drafting system. ...

### Acc/Federal Taxxtion

During the current year, Deborah Baronne, a single individual, paid the following amounts: Federal income tax $10,000 State income tax $4,000 Real estate taxes on land in France $1,500 Real estate taxes on land in U.S. $1,700 State sales taxes $2,000 State occupational license...

### Math

In 2008 output for the country of OZ was 12,000 tons of potatoes and the total labor force 1,100 workers. In 2009 output for the country of OZ was 14,300 tons of potatoes and the total labor force 1,150 workers. 2008: Employment = 1,000 workers Unemployment = 100 workers 2009 ...

### investing

Gregg graduated several years ago with his MBA. He founded Alpha Industries upon graduation and has worked hard to build the business. In the year that just ended, Alpha’s free cash flow was negative $10 million due to a significant capital expenditure. Alpha expects to ...

### math

Maura is a self-employed artist. She averages a monthly income of $2,980. If the FICA rate is 15.02%, how much FICA tax must she pay each year?

### math

June has twice as much money invested at 5% simple annual interest as she does at 4 %. If her year income from the two investment is $315 how much does she have at each rate?

### Finance

Need help with computing taxable income. Can someone explain to me how this is done. Gross salary, 46,660 Interest earnings 225 Dividend Income 80

### budgeting

Financial advisors generally figure that one's disposable income will be _____ percent (%) less than the gross income. A. 5 - 10 B. 10 - 20 C. 20 - 30 D. 40 – 50 I think its A or B because usually its 10%....

### History

The transition to a global economy has increased "what" within the U>S>? a- income inequality b- educational opportunity c- income equity d- buying power My answer is a

### Finance

7. One year ago, you purchased a rare Indian-head penny for $14,000. Because of the recession and the need to generate current income, you plan to sell the coin and invest in Treasury bills. The Treasury bill yield now stands at 8 percent, although it was 7 percent one year ...

### Accounting

══════════════════════ Memo: Whomever Date: A few minutes ago … From: Marie, Advanced Federal Taxation P.C. Re: 2007 Tax Return for New Client ...

### 6grade english

Give them fish they will eat for a day. Teach them to fish they will eat for years. With regard to low income countries and based on your knowledge and understanding of culture, society and social stratification provide support for or criticism of this statement.

### accounting

An employee earns $20 per hour and 1.75 times that rate for all hours in excess of 40 hours per week. Assume that the employee worked 55 hours during the week, and that the gross pay prior to the current week totaled $29,000. Assume further that the social security tax rate ...

### MARKETING

1. Introduction – You need to work out what is the business scope of the company. That is what business are they in? 2. You will conduct an internal environment analysis – with a particular view to how well the company is placed to operate in another country. 3. You will ...

### ALGEBRA

Suppose that you want to purchase a home for $450,000 with a 30 year mortgage at 6% interest. Suppose that you can put 40% down. Assume that the monthly cost to finance $1,000 is $6.00. What is the total amount of interest paid on the 30 year loan? I need help.Steps please.

### statistics

The human resources department of an engineering company gives IQ tests to a randomly selected group of new hires every year. They claimed that the mean IQ score of new hires, , from this year is greater than or equal to the mean IQ score of new hires, , from last year. This ...

### math

on november 1, the holiday house store marked up a $50 decoration by 30%. On November 28, the decoration was marked down 10%. It was marked up 20% on sales on December 1. Finally it was marked down 70% on December 26. Find the final selling price

### Stats 2

1. At the national level, the average income for a given occupation is $74 914. You want to determine if the income for member of the occupation is the same in Chicago. You take a random sample of 112 members of the occupation in Chicago. You find that mean of your sample is $...

### Math

When hired at a new job selling jewelry, you are given two pay options: Option A: Base salary of $16,000 a year, with a commission of 10% of your sales Option B: Base salary of $20,000 a year, with a commission of 3% of your sales In order for option A to produce a larger ...

### UALR

Information about a project Darcy Company is considering is as follows: Investment $1,000,000 Revenues $700,000 Variable costs $140,000 Fixed out-of-pocket costs $80,000 Cost of capital 12% Tax rate 40% The property is considered 5-year property for tax purposes. The company ...

### accounting

Information about a project Darcy Company is considering is as follows: Investment $1,000,000 Revenues $700,000 Variable costs $140,000 Fixed out-of-pocket costs $80,000 Cost of capital 12% Tax rate 40% The property is considered 5-year property for tax purposes. The company ...

### News Coverage-Please Help!

The presence of round-the-clock television news coverage and instantaneous Internet analyses often prevents a president from: 1. consulting with cabinet members and other top advisors before making decisions. 2. engaging in prolonged consideration of an issue before issuing a ...

### Chemistry Honors

What mass of calcium bromide is needed to prepare 150.0 mL of a 3.50 M solution? (Assume that the molecular weight of CaBr2 is 200.618 g/mol) A. 105 g B. 100.42 g C. 0.105 g D. 103.35 g

### History

How did the war end? As the Allies were dominating, the Central Power was getting weaker. On October 30, 1918 Turkey signed the armistice, a short-term contract to end the war, November 3, 1918 Austria Hungary signed it also, and finally on November 11, 1918 Germany signs it. ...

### Finance

The glenna gayle company (GGC) had sales of $400,000 in the past year, with operating expenses of $210,000 and cost of goods sold of $70,000. Interest expense was $30.000, and $10,000 in common stock dividends were received. The company had $20,000 in capital gains and $30,000...

### Math

A person has a total yearly income of $36,000. The part of thier income spent on transportation is 15%. How do I find the fraction in simplest form that represents the part of thier income spent on transportation? I don't want the answer, just how to get the answer. Thank you!

### Math

A person has a total yearly income of $36,000. The part of thier income spent on transportation is 15%. How do I find the fraction in simplest form that represents the part of thier income spent on transportation? I don't want the answer, just how to get the answer. Thank you!

### math

Assume that the business makes a profit with probability 0.3 in the first year. For each year thereafter, the business makes a profit with probability 0.7 if it made a profit in the previous year, and with probability 0.2 if it did not make a profit in the previous year. What ...

### FINITE

Assume that the business makes a profit with probability 0.8 in the first year. For each year thereafter, the business makes a profit with probability 0.8 if it made a profit in the previous year, and with probability 0.2 if it did not make a profit in the previous year. What ...

### Math

Suppose the first Friday of a new year is the fourth day of that year. Will the year have 53 Fridays regardless of whether or not it is a leap year? What is a rule that represents the sequence of the days in the year that are Fridays? How many full weeks are in a 365 day year...