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

36,695 results, page 9

### finance

Assume you are planning to invest \$5,000 each year for six years and will earn 10 percent per year. Determine the future value of this annuity if your first \$5,000 is invested at the end of the first year.

### Finance

I really really need some help on this one!!! All I need is for someone to point me in the right direction. I have filled in the blanks of the income statement and figured out what the net income is. I am very stuck. How do I get the depreciation expense based on this ...

### Accounting

Complete the following exercise. In December 20X2, the Cardoso Company established its predetermined overhead rate for jobs produced during the year 20X3 by using the following cost predictions: Overhead costs: \$750,000 Direct labor costs: \$625,000. At year-end 20X3, the ...

### Math

im lost evaluate 30 divided by 5*3-2 all over/2-2divided by 3 Math - jim, Tuesday, October 20, 2009 at 5:39pm You 'll have to clarify that. Do you mean: 30 / (5*3-2)/ (2-2/3) ? Math - Diana, Tuesday, October 20, 2009 at 7:40pm no Ill try to write it out thirty divided by 5 ...

### Math (Problem Solving)

Sasha took in a car loan with a maturity of 5 years in which the first payment was on December 2016. Right after paying the first month on December 15, she made an advance payment for two (2) months and he intends to pay extra month every two months. In addition, she also ...

### personal finance concepts

Donna and Sherman Terrel are preparing a budget for 2010. Donna is a systems analyst with an airplane manufacturer, and Sherman is working on a master's degree in educational psychology. The Terrels do not have any children or other dependents. Donna estimates her salary will ...

### American government check my answer

Statement 1 – Illegal immigrants who have resided in the United States for years should qualify for alternative paths to citizenship. Statement 2 – Diversity in backgrounds and experience creates a society that teaches tolerance and respect. Statement 3 – The government ...

### accounting

On December 1, Nautilus corporation borrowed \$90,000 from a bank and signed a 10%, 90-day note payable in the amount of \$90,000. The December 31 adjusting entry will be:

### business

On December 31 of last year, Wolfson Corporation had in inventory 400 units of its products, which cost \$21 per unit to produce. During January, the company produced 800 units at a cost of \$24 per unit. Assuming that Wolfson Corporation sold 700 units in January, what was the ...

### financial accounting

Everett Co. was organized on July 1, 2015. Quarterly financial statements are prepared. The unadjusted and adjusted trial balances as of September 30 are shown below. EVERETT CO. Trial Balance September 30, 2015 Unadjusted Adjusted Dr. Cr. Dr. Cr. Cash \$ 8,744 \$ 8,744 Accounts...

### accounting

Frieden Company's contribution format income statement for the most recent month is given below: Sales (46,000 units) \$ 966,000 Variable expenses 676,200 Contribution margin 289,800 Fixed expenses 231,840 Net operating income \$ 57,960 The industry in which Frieden Company ...

### Finance

Due to a recession, expected inflation this year is only 2.75%. However, the inflation rate in Year 2 and thereafter is expected to be constant at some level above 2.75%. Assume that expectations theory holds and the real risk-free rate is r* = 3%. If the yield on 3-year ...

### Financial management

On December 31 of last year, Wolfson Corporation had in inventory 400 units of its product, which cost \$21 per unit to produce. During January, the company produced 800 units at a cost of \$24 per unit. Assuming that Wolfson Corporation sold 700 units in January, what was the ...

### florida

On December 31, 2010, XYZ made the following cash payments: •\$100,000 for a two-year office lease beginning on February 1, 2011

### math

A man was injured in an accident at work he receives a disability grant of R4800 in the first year. This grant increases with a fixes amount each year.. a). What is the annual increase if over 20 years he would have received a total of R143500 b). His initial annual ...

### accounting and finance

1.Yukon Bike Corp. manufactures mountain bikes and distributes them through retail outlets in Canada, Montana, Idaho, Oregon, and Washington. Yukon Bike Corp. has declared the following annual dividends over a six-year period ending December 31 of each year: Year 1, \$28,000; ...

### Business

Which of the following is not true about you adjusted gross income? 1- income minus deductions 2-income plus deductions 3- determines if your eligible for additional tax breaks 4- gross income minus deductions my answer is 2

### 10 grade math..

Jay can deduct the amount over 7% of his gross income as medical expenses on his income tax return. If his annual salary is \$18,500 and his medical expenses one year were \$1,450, how much could he deduct on his tax return?

### Math

A new law requires that 12% of an individual's income be invested in the stock market. Your accounts show that you need to put \$420 in the stock market this year. How much did you earn this year. A \$5,040 B \$350 C \$504** D \$3,500

### Accounts

I have a question and I need to prepare the final accounts. In the additional information one of the questions is as follows: Machinery is depriciated at 10% per annum using the Straight Line Method, whilst Computer Equipment is depreciated at 15% per annum using the Reducing ...

### Math

Jay can deduct the amount over 7% of his gross income as medical expenses on his income tax return. If his annual salary is \$18500 and his medical expenses one year were \$1450 how much could he deduct on his tax return?

### Math

Zed can deduct the amount over 7% of his gross income as medical expenses on his income tax return. Is his annual salary is \$16700 and his medical expenses one year were \$1250 how much could he deduct on his tax return?

### medical coding

according to a December 4 hospital census of 100,what are the total inpatient service days for december 5? admissions 10 discharges 2 A&D 1 A.90 B.109 C.100 D.110

### Basic Accounting

Complete an Income Statement, Statement of Owner's Equity, and Balance Sheet using the information provided below for Rya’s Planning Services. Cash… …… ……… … … … ………\$21,500 Accounts Receivable………17,500 Office Supplies…… … ………500 ...

### ashford

At the beginning of 2012, the Jeater Company had the following balances in its accounts: Cash \$4,300 Inventory 9,000 Common Stock 10,000 Retained Earnings 3,300 During 2012, the economy experienced the following events: 1. Purchased inventory that cost \$2,200 on account from ...

### Stor 155

In computing the median income of any group, some federal agencies omit all members of the group who had no income. Give an example to show that the reported median income of a group can go down even though the group becomes economically better off. Is this true of the mean ...

### Finance

When Steve and Roslyn retire together they wish to receive \$40,000 additional income (in the equivalent of today’s dollars) at the beginning of each year. They assume inflation will be 4% and they expect to realize an after tax return of 8%. Based on life expectancies, they ...

### Accounting

How can I calculate the net income if I only know the assets total and liabilities total from both the beginning of the year and the end of th eyear? Net income is related calculated using revenues less expenses. Assets and liabilities are involved, but only indirectly.

### Managerial Finance

Due to a recession, expected inflation this year is only 2%. However, the inflation rate in Year 2 and thereafter is expected to be constant at some level above 2%. Assume that expectations theory holds and the real risk-free rate is r* = 2.25%. If the yield on 3-year Treasury...

### Math/Finance

Due to a recession, expected inflation this year is only 2%. However, the inflation rate in Year 2 and thereafter is expected to be constant at some level above 2%. Assume that expectations theory holds and the real risk-free rate is r* = 2.25%. If the yield on 3-year Treasury...

### business research

From Chapter 19 - Discussion Question #6, page 574: Sales of a product are influenced by the salesperson’s level of education and gender, as well as consumer income, ethnicity, and wealth. a. Formulate this statement as a multiple regression model (form only, without ...

### business

Brown Inc. has just paid its monthly bill,what balance sheet and income statement accounts will this transaction affect?

### Business Math

Assuming the required RoR for an Investment is 12% and using an inflation rate of 3%, would you recommend the investment?Investment at year 0 = \$8.5 million, Net income at years 1-5 is \$1.5 million for each year.

### Biological Influences

Benjamin O'Henry has owned and operated O'Henry's Data Services since its beginning ten years ago. From all appearances, the business has prospered. In the past few years, you have become friends with O'Henry and his wife. Recently, O'Henry mentioned that he has lost his zest ...

### chem

How would u prepare each of the following solutions 100 mL of a 245 ppm solution of urea, CH4N2O, in water and How would u prepare each of the following solution 100 mL of an aqueous solution whose K+ concentration is 0.084 M Write up the procedure, and I will gladly check it...

### tusd

last year, the sports athelitic club charges 20.00 per class. 70 people attended. The club wants to increase the class price. the club expects to lose one customer for each \$1.00 increase. a. what should the new price be to maximize the income? b. what is the maximum income ...

### accounting I

What would be the journal entry to record: Sept 28, 2009 A dividend was declared, which they intend to pay at \$0.10 per share by the end of the year. The company has 25,000 shares of capital stock

### math

Jack has 2009 unit cubes glued together to form a cuboid. He opens a packet containing 2009 stickers. He has enough stickers to stick one on each cube. How many stickers does he have left?

### Algebra

In a recent year, a single person could expect to pay \$4200 in income taxes on an adjusted gross income of \$30,000. How much more tax should the person expect to pay if her adjusted gross income increased by \$3000, knowing that this would not move her into the higher tax ...

### Java Computer Science

So in math, a restriction can be set. For example 30<x<60. So I'm trying to do this in a Java else if statement. else if (x>30 && x<60) {, will that do the same thing. Because I did that in my program but I'm getting my desired output twice. I'm suspecting this is ...

### accounting

On January 1, 2004, Carnival Shipping bought a machine for \$1,500,000. At that time, this machine had an estimated useful life of six years, with no salvage value. As a result of additional information, Carnival determined on January 1, 2007, that the machine had an estimated ...

### medical information management

According to a December 4 hospital census of 100,what are the total inpatient services days for December 5? Admissions 10 Discharges 2 A&D 1 A.90 B.109 C.100 D.110

### Medical Information Management

Accouding to a December 4 hospital census of 100, what are the total inpatient service days for December 5? Admissions 10 Discharges 2 A&D 1 A. 90 B. 109 C. 100 D. 110

### math

A new law requires that 15 of an individual’s income be invested in the stock market. Your accounts show that you need to put \$435 in the stock market this year. How much did you earn this year? (1 point) \$2,955.00 \$2,900.00 \$2,905.00 \$2,889.50

### statistics 7

Home values tend to increase over time under normal conditions, but the recession of 2008 and 2009 has reportedly caused the sales price of existing homes to fall nationwide (BusinessWeek, March 9, 2009). You would like to see if the data support this conclusion. The file ...

### statistics 7

Home values tend to increase over time under normal conditions, but the recession of 2008 and 2009 has reportedly caused the sales price of existing homes to fall nationwide (BusinessWeek, March 9, 2009). You would like to see if the data support this conclusion. The file ...

### Statistics 7

Home values tend to increase over time under normal conditions, but the recession of 2008 and 2009 has reportedly caused the sales price of existing homes to fall nationwide (BusinessWeek, March 9, 2009). You would like to see if the data support this conclusion. The file ...

### statistics 7

Home values tend to increase over time under normal conditions, but the recession of 2008 and 2009 has reportedly caused the sales price of existing homes to fall nationwide (BusinessWeek, March 9, 2009). You would like to see if the data support this conclusion. The file ...

### accounting

how do i prepare year-end adjusting entries?

### accounting

Savallas Company is highly automated and uses computers to control manufacturing operations. The company uses a job-order costing system and applies manufacturing overhead cost to products on the basis of computer-hours. The following estimates were used in preparing the ...

### math

Posted by connie on Monday, July 20, 2009 at 11:56pm. Find the indicated outputs for f(x) = 2x²-4x f(0)= ____? f(-1) =____? f(2) =____? Responses math - Reiny, Tuesday, July 21, 2009 at 8:00am f(0) = 2(0)^2 - 4(0) = 0*0 = 0 f(-1) = 2(-1)^2 - 4(-1) = 2(1) + 4 = 2 + 4 = 6 now ...

### Accounting

First, you have to categorize each transaction as financial, operating, or investment. THEN, determine if the total assets increases, decreases, or stays the same. THEN, determine if the total income decreases, increases, or stays the same. THEN determine what financial ...

### Chemistry

how to prepare 100cm3 of 1.0moldm3 copper sulphate and from this prepare 100cm3 of 0.1 moldm3 solution.similarly use the 0.1moldm3 to prepare a 0.05 moldm3 ,and the 0.05moldm3 solution to prepare 0.01 moldm3 and 0.001moldm3solution.

### math

Travis earned \$214 for each week of work. At the end of the year, Travis’s total income was \$10,700. How many weeks out of the year, did Travis work? Write an equation to show your answer. Variables and Functions

### financial management

On a Statement of Revenue and expense I have one year plus the percentage of change and I need to find the projected budget for next year Where can I find how to to do this problems

### chem 121

what volumes of the folowing concentrated solutions are required to prepare solutions of the final concentrations indicated (a) 12MH2SO4 to prepare 2.0 L 0f 1.5 MH2SO4 (B)2.0 MKCIto prepare 200ML 0f 0.5MKCI

### Accounting

On October 10, 2010, Mason Engineering Company completed negotiations on a contract for the purchase of new equipment. Under the terms of the agreement, the equipment may be purchased now or Mason may wait until January 10, 2011, to make the purchase. The cost of the equipment...

### accounting

On October 10, 2010, Mason Engineering Company completed negotiations on a contract for the purchase of new equipment. Under the terms of the agreement, the equipment may be purchased now or Mason may wait until January 10, 2011, to make the purchase. The cost of the equipment...

### finance accounting

Fakari had the following asset at the ending of the year 2013 having started the business at the beginning of the same year. kSH.000 Account payables 15,800 equipment 46,000 motor vehicles 25,160 Account receivable 23,080 Cash at bank 29,120 cash in hand 160,000 during that ...

### macroeconomics

18. The following is a list of figures for a given year in billions of dollars. Using this data, compute: (a) GDP; (b) NDP; (c) NI; (d) PI; (e) DI; (f) Net exports. Transfer payments \$ 16 Government purchases 80 Personal taxes 38 Corporate income taxes 28 Indirect business ...

### econimics

18. The following is a list of figures for a given year in billions of dollars. Using this data, compute: (a) GDP; (b) NDP; (c) NI; (d) PI; (e) DI; (f) Net exports. Transfer payments \$ 16 Government purchases 80 Personal taxes 38 Corporate income taxes 28 Indirect business ...

### Accounting

During the fiscal period just ended some of the inventory in the warehouse of Jamie Ltd. wasn’t counted. Jamie Ltd. uses a periodic inventory control system. Explain how the following are affected by the error: • Net income • Current ratio

### statistics

An economist wants to estimate the mean income for the first year of work for college graduates who majored in biology. How many such incomes must be found if the economist wants to be 95% confident that the sample mean is within \$500 of the true population mean? Assume that ...

### Math

Zoe's gross income is \$16,960. His medical expenses for the year amounted to \$812.35. If he can deduct only the amount over 7 1/2% of his gross income for medical expenses, how much can he deduct for medical expenses?

### macro economy

December 1994 a man in ohio deposited all of the 8 million pennies He had been saving for 65 year(his deposit weghed 48000 pounds) with reserve requirement of 55 what will be the cumulative change to the baking system? a)transaction deposit b)Total reserves c)lending capacity ...

### writing

"Part 1: Write an exploratory essay in which you compare and contrast online learning with classroom (on-ground) learning. Your evaluation may include preparation time, rewards, pitfalls, etc. You may select the features that you want to compare and contrast. • Using ...

### algebra

A light-year is the distance that light travels in one year. Find the number of miles in a light-year if light travels 1.86 × 105 miles/second. (Round to one decimal place, and assume that there are 365 days in a year.)

### math

If someone paid \$59.00 on their taxable income with a state income tax rate of 6%, determine the amount of their taxable income.

### Math

If someone paid \$59.00 on their taxable income with a state income tax rate of 6%, determine the amount of their taxable income.

### algebra

the revenues per share of stock y (in dollars) for california pizza kitchen for the years 2000 through 2009 are given by the ordered pairs. (2000, 7.86) (2001, 9.02) (2002, 10.92) (2003, 12.66)(2004,14.64) (2005,16.26)(2006,19.16)(2007,22.32)(2008,28.37)(2009,27.47)

### accounting

On July 1, 2010, Brower Industries Inc. Issued \$32,000,000 of 10-year, 12% bonds at an effective interest rate of 13%, receiving cash of \$30,237, 139. Interest on the bonds is payable semiannually on December 31 and June 30. The fiscal year of the company is the calendar year...

### Finance

When Steve and Roslyn retire together they wish to receive \$40,000 additional income (in the equivalent of today’s dollars) at the beginning of each year. They assume inflation will be 4% and they expect to realize an after tax return of 8%. Based on life expectancies, they ...

### Economics

Some people would prefer a single income tax rate because it? A) would increase the government’s revenue. B) is easier to calculate. C) would reduce the percent of income poorer families pay in income taxes. D)means everyone would pay the same income percentage in taxes.

### Math (check)

Masaru works as a salesperson and earns an hourly wage plus commission.He works 35 hours per week, at a rate of \$11.75 per hour. His commission is about \$125.00 per week. his expenses account for about 85% of his income. A. How much money does he put into savings in one year? ...

### statistics

Shown below are rental and leasing revenue figures for office machinery and equipment in the United States over a sever-year period according to the U.S. Census Bureau. Use these data to run a linear regression and then forecast the rental and leasing revenue for the year 2012...

### Math

Casies invested one part of her \$10,000 at 7.5% interest per year and the other part at 8.5% per year as well. Her income from the two investments was \$820. How much did she invest at each rate of interest?

### Geometry plz help

1.Which choice shows a true conditional with a correctly identified hypothesis and conclusion? •If next month is January, then this month is the last of the year. Hypothesis: This month is the last of the year. Conclusion: Next month is January. <===My answer •Next ...

### Personal Finance

Assume that you are 23 years old and that you place \$3,000 year-end deposits each year into a stock index fund that earns an average of 9.5% per year for the next 17 years. how much money will be in the account at the end of 17 years.

### Accounting

The Harding Co. in its first year earned \$39,000 in revenues and received \$33,000 cash from customers. They incurred expenses \$22,000, but had not paid \$2,250 of them at year-end. Harden also prepaid \$3,750 cash for expenses to be incurred in the next year. Calculate the first...

### Advanced Algebra

Jeffrey earned a gross income of \$51,280 last year. He made \$1,746.83 in student loan interest deductions, donated \$2,914 to his favorite charities and paid \$3,941.47 in home mortgage interest. Jeffrey claims a standard deduction of \$11,400 for himself and his non-working ...

### Advanced Algebra

Jeffrey earned a gross income of \$51,280 last year. He made \$1,746.83 in student loan interest deductions, donated \$2,914 to his favorite charities and paid \$3,941.47 in home mortgage interest. Jeffrey claims a standard deduction of \$11,400 for himself and his non-working ...

### Advanced Algebra

Jeffrey earned a gross income of \$51,280 last year. He made \$1,746.83 in student loan interest deductions, donated \$2,914 to his favorite charities and paid \$3,941.47 in home mortgage interest. Jeffrey claims a standard deduction of \$11,400 for himself and his non-working ...

### accounting

How are corporate income taxes paid during the year?

### Finance

How much could I save in a year if I budgeted 1.4% of a \$19,250. income?

### accounting

E11-9 The following stockholders’ equity accounts, arranged alphabetically, are in the ledger of Marvel Corporation at December 31, 2007. Common Stock (\$5 stated value) \$1,500,000 Paid-in Capital in Excess of Par Value—Preferred Stock 45,000 Paid-in Capital in Excess of ...

### math

Satelite Corporation projects a year-end net income of \$64,497. The net income represents 31% of its projected annual sales. What are Satelite's projected annual sales?

### Taxes on level of income

The effect of a decline in taxes on the level of income will differ somewhat from an increase in government expenditures of the same amount because: a. tax declines tend to be more expansionary b. households may not spend all of an increase in disposable income c. the MPC ...

### general math

the taxpayer should pay 6% of his total income if his income amounts to PHP 500,000 and PHP 1,000,000, the taxpayer should pay 8% of the total income. If the income is PHP 1,000,000 or more, he should pay 9.5% of the total income. Express the tax as a function of x for any PHP...

### English

1. i want to marry Mrs aouda tomorrow, the 23rd December. 2. i want to marry Mrs Aouda tomorrow, 23rd December. 3. i want to marry Mrs Aouda tomorrow, December 23rd. 4. i want to marry Mrs Aouda tomorrow, December the 23rd. 5. i want to marry Mrs Aouda tomorrow, December 23...

### Math

Betsy, a recent retiree, requires \$6,000 per year in extra income. She has \$60,000 to invest and can invest in B-rated bonds paying 13% per year or in a certificate of deposit (CD) paying 3% per year. How much money should be invested in each to realize exactly \$6,000 in ...

### Geometry

1.Which choice shows a true conditional with a correctly identified hypothesis and conclusion? •If next month is January, then this month is the last of the year. Hypothesis: This month is the last of the year. Conclusion: Next month is January. <===My answer •Next ...

### Finance

Jim Bob is a stock picking genius. Every year, based on his system, he has the ability to invest \$100 (only) in a security that is expected to earn a 20% return over the next year. That security always has a beta of one. Assume that the risk free rate is 4%, and the market ...

### Computer Programming

Must be in pseudocode. Compute the income tax due on taxable income entered by the user, given the data as shown in the following table. Be sure to include error checking to make sure the user does not enter a negative number. Assume all entries are integer values. Taxable ...

### accounting

A bauxite mine was acquired at a cost of \$1,500,000 and estimated to contain 6,000,000 tons of ore. During the year, 95,000 tons were mined and sold. Prepare the journal entry for the year's depletion expense.

### Accounting

NOTE: I NEED HELP WITH THESE 10 QUESTIONS,IT IS AN EMERGENCY PLEASE! Use the following information to answer questions 1-4. The Bayside Company uses the LIFO cost flow method to value inventory. In the current year, profit at Bayside is running unusually high. The corporate ...

### Accounting

NOTE: I NEED HELP WITH THESE 10 QUESTIONS,IT IS AN EMERGENCY PLEASE! Use the following information to answer questions 1-4. The Bayside Company uses the LIFO cost flow method to value inventory. In the current year, profit at Bayside is running unusually high. The corporate ...

### Accounting Questions

NOTE: I NEED HELP WITH THESE 10 QUESTIONS,IT IS AN EMERGENCY PLEASE! Use the following information to answer questions 1-4. The Bayside Company uses the LIFO cost flow method to value inventory. In the current year, profit at Bayside is running unusually high. The corporate ...

### Survey of Accounting

Calculate basic EPS Net income was \$659,250 for the year. Throughout the year the company had outstanding 18,000 shares of \$2.50, \$50 par value preferred stock in 105,000 shares of common stock. Required: Calculate basic earnings per share of common stock for the year.

### Public Finance

Suppose the corporate income tax were eliminated and corporate income allocated to shareholders on a pro rata basis according to their proportion of outstanding stock. How would such a change in tax policy affect the excess burden and incidence of the tax, assuming that all ...

### U.S/history AP

The french and indian war began in the colonies in the year 1754 and ended in the year 1763 in the colonies,the main reason for conflict between the french and colonists was over the Ohio river valley.After this war the english began the practice of -- ----- troops at the ...