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

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## MGT415

Surveys can be composed of open-ended or close-ended questions. Open ended questions have the following benefits except for ____________________. 1)allowing a more exhaustive list of response possibilities 2)alerting us to the multiple dimensions in a -
## 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 -
## 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 payable 15,800 equipment 46,000 motor vehicles 25,160 Account receivable 23,080 cash at bank 29,120 cash in hand -
## taxes

if a person made 1892.32 for the year of 2009 and they are claiming three dependents,will they get a good refund amount? -
## Math

In 1995-96 academic year there were 86,087 bachelor degrees awarded. That number fell to 71,261 for 2002-2003 school year. In 2008-09 it rose to 120,488 . How much greater was the percent increase from 2003 to 2009? How much was the percent decrease from -
## Accounting

A piece of equipment is purchased on May 1, 2007 for $80,000 and has a residual value of $5,000. The equipment's useful life is 8 years or 12,500 hours. It is used 2,700 hours in 2007, and 2,600 in 2008. The question is what is the book value on December -
## math

You work for a financial information website. You draw a random sample of 100 subscribers and determine that their mean income is $68,500. Which statement is true? A) You conclude that the income of all subscribers is $68,500. B) You conclude that half of -
## financial statement and reporting

Identify the working capital accounts related to (a) revenues recognized and deferred, (b) cost of goods sold, (c) employee salary and wages, and (d) income tax expense. For each account, indicate whether an increase in the working capital asset or -
## Macroeconomics

Assume the simple spending multiplier equals 10. Determine the size and direction of any changes in the aggregate expenditure line, real GDP demanded, and the aggregate demand curve for each of the following changes in spending: a. Spending rises by $8 -
## thesis statement for my research report below

The Philippines has constantly experienced typhoons, but Typhoon Durian that struck on December, 2006 has taken away the hope of 800,000. is it okay?? -
## economics

i have some questions please help Transportation equipment that was purchased in 2004 for $200,000 must be replaced at the end of 2009. what is the estimated cost of the replacement, based on, the following equipment cost index: Year INDEX YEAR INDEX 2004 -
## math ( having difficulty)

Superior has provided the following information for its recent year of operation: The common stock account balance at the beginning of the year was $18,000 and the year-end balance was $19,000. The additional paid-in capital account balance increased -
## ap stats

Based on historical data, an Oregon university enrolls 17% graduates and 83% undergraduates. Of graduates, 21% are expected to be non-residents and 79% are residents. Of undergraduates, 24% are non-residents and 76% are residents. During the 2008-2009 -
## calculating annuity

IF a company will generate 80,000 in annual revenue each year for the next eight years and the interest rate is 8.2% what is the present value of the savings? An EXCEL spreadsheet will be helpful for these types of calculations. Let S1 be savings in year -
## Accounting

Sections of income statement and brief explanation for each -
## accounting

These questions are so confusing. So I was wondering what are each of the formulas to solve each question or what steps I need to take to complete them? I've been trying and I can't find the correct answer. ____ 11. The Dayton Corporation began the current -
## algebra

in a recent year a single person could expect to pay 4160 in income taxes on an adjusted gross income of 26,000. how much more tax should the person expect to pay if her adjusted gross income increased by 4,000 knowing that this would not move her into the -
## accounting

Carlton company had assetsof $280,000 & liabilities of $120,000 at the beginning of the year and assets of $400,000 & liabilities of $140,000 at the end of the year. During the year, the owner invested an additional $40,000 in the business, and the company -
## Business

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 parameter estimation). b. Specify -
## ECONOMICS

Suppose you are a typical person in the U.S. economy. You pay 4 percent of your income in state income tax and 15.3 percent of your labor earnings in federal payroll taxes (employer and employee shares combined). You also pay federal income taxes as in -
## FIN 4018 - INCOME TAX PLANNING

During 2014, Jake Baxter made one charitable donation of $100,000 to ACO, a Canadian registered charity. His net income for the year is $120,000. Required: a) Calculate Jake’s maximum FEDERAL non-refundable tax credit for charitable donations if he -
## social studies

what is the most likely effect on a person's income if he or she has little education and few skills? A. the person's income will vary greatly. B. the person's will earn a high income. C. the person's income will decline over time. D. the person's will -
## Math-Statistics

Assume your expected lifetime income is $1.5 million and the standard deviation is $250,000. a) What is the chance that you will earn more than $1.1 million during your lifetime? b) What is the chance that you will earn less than $2 million during your -
## 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 -
## finance

A company began the year with retained earnings of $1,000. Net income for the year was $250, it repaid $350 of its line of credit balance, and it paid dividends to its shareholders of $200. What was the company’s retained earnings at the end of the year? -
## Finance

9. H Corporation is considering a training program that cost $600,000. Anticipated benefits are $60,000 in the first year, $75,000 in the second year, $85,000 in the third year, and $95,000 in the fourth year. Benefits will decline 8 percent a year after -
## investing

. Jamie Thompson is thinking about investing in some residential income-producing property that she can purchase for $200,000. Jamie can either pay cash for the full amount of the property or put up $50,000 of her own money and borrow the remaining -
## business

Using the financial statements for the Goodyear Calendar Company, calculate the 13 basic ratios found in the chapter. December 31, 2008 Assets Current assets: Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ -
## corporate finance

A company began the year with retained earnings of $1,000. Net income for the year was $250, it repaid $350 of its line of credit balance, and it paid dividends to its shareholders of $200. What was the company’s retained earnings at the end of the year? -
## Math

Suppose a man is 30years old and would like to retire at age 65 Furthermore, he would like to have a retirement fund from which he can draw an income of $50,000 per yearlong dash—forever! How can he do it? Assume a constant APR of 5%. He -
## medical

according to a December 4 hospital census of 100 , what are the total inpatient service days for December 5 ? -
## Finance

Compute taxable income. gross salary 46,660 interest earnings 225.00 dividend income 80.00 one personal exemption 3,400 itemized deductions 7,820 adjustments to income 1,150 What amount would be reported as taxable income? -
## 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 -
## 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 -
## math

Lara wrote the statements shown in the chart. Statement One: If two lines intersect, then they intersect at exactly one point Statement Two: In a right triangle, the square of the length of the hypotenuse is equal to the sum of the squares of the length of -
## geometry

Lara wrote the statements shown in the chart. Statement One: If two lines intersect, then they intersect at exactly one point Statement Two: In a right triangle, the square of the length of the hypotenuse is equal to the sum of the squares of the length of -
## financial accounting

Connection Station, an internet café, had the following operating activities during the month of May: 1. Bought 800 in jump drives and disks, which are available for resale from Office Depot on credit 2. Paid 900 in utilities for the month of may 3. Paid -
## fundamentals of accounting 1

journalizing payroll transactions, for Keller Systems;Inc, paid cash for april's payroll tax liability. withheld taxes from april payrolls; employee income tax,$532.00; social security tax,$634.88; and medicare tax,$148.48. paid cash for semimonthly -
## Absolute value statement

This is part b:can someone help me of I'm doing this right. Mr. Wizard started at zero and jump to left 7 feet. Auntie long legs started at zero and John to right 5 feet. Wright an absolute value statement that shows the distance that each frog ended up -
## Math

A financial consultant wishes to invest up to a total of $33,000 in two types of securities, one that yields 8% per year and another that yields 6% per year. Furthermore, she believes that the amount invested in the first security should be at most -
## MATH

A financial consultant wishes to invest up to a total of $33,000 in two types of securities, one that yields 8% per year and another that yields 6% per year. Furthermore, she believes that the amount invested in the first security should be at most -
## accounting

Dsoft manufactures PC’s. The company’s Notebook Division reports the following results for the current year: Sales Revenue $2,000,000 Operating Income $500,000 Average Operating Assets $5,000,000 Dsoft’s management’s required rate of return on -
## English

They get the least precipitation in May and the most in December. They get the least precipition in May, and the most in December. Which sentence is correct and why? -
## Introductory Accounting

The question is Burlin company starts the year with $188,000 in assets and $37,600 in liabilities. Net income for the year is $47,000, and no dividends are paid. How much is owners' equity at the end of the year? So what I thought what i would have to do -
## 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 -
## 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 -
## college Accouting

Bennis Company has the following comparative balance sheet data. BENNIS COMPANY Balance Sheets December 31 2011 2010 Cash $ 15,000 $ 30,000 Receivables (net) 70,000 60,000 Inventories 60,000 50,000 Plant assets (net) 200,000 180,000 $345,000 $320,000 -
## ACCOUNTING

Mary and Jack Gray, local golf stars, opened the Chip-Shot Driving Range on March 1, 2008, by investing $25,000 of their cash savings in the business. A caddy shack was constructed for cash at a cost of $8,000, and $800 was spent on golf balls and golf -
## math

Two investments totaling $23,500 produce an annual income of $795. One investment yields 2% per year, while the other yields 7% per year. How much is invested at each rate? -
## algegra

an editor gets a 2110 raise each year. after 8 years she makes 51,700 per year. write an equation that gives her income as a function of how many years she has worked -
## algebra

Two investments totaling $49,500 produce an annual income of $1770. One investment yields 2% per year, while the other yields 4% per year. How much is invested at each rate? -
## Algebra

Two investments totaling $19,000 produce an annual income of $1560. One investment yields 9% a year, while the other yields 4% per year. How much is invested at each rate? -
## investment

Mr. Centeno invested P50,000, part of which at 5%per year and the rest at 6% per year. His annual income from the 2 investments was P2,000. How much did he investat each rate? -
## algebra

two investments totaling $35,000 produce an annual income of $1395. One investment yields 6% per year, while the other yields 3% per year. How much is invested at each rate? -
## 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…… -
## economics

Assume that the equation for demand for bread at a small bakery is Qd = 60 - 10Pb + 3Y, where Qd is the quantity of bread demanded in loaves, Pb is the price of bread in dollars per loaf, and Y is the average income in the town in thousands of dollars. -
## 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 -
## math

in fiscal year 2005, the federal government had revenues of $2.153 trillion and outlays of $2.472 trillion. for fiscal year 2006, revenues were $2.407 trillion and outlays were $.654 trillion a) find an equation that relates the revenue R and the fiscal -
## 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 -
## Math

match the word with the definition: (A)Personal exemptions (B)Adjustments (C)Tax credits (D)Itemized deductions (1) The amount you may be able to deduct from your adjested gross income based on how you spent your money during the year. (2) A set amount -
## Describing Data

The following frequency table contains the total number of deaths worldwide as a result of earthquakes from 2000 to 2012. Year Deaths 2000 231 2001 21,357 2002 11,685 2003 33,819 2004 228,802 2005 88,003 2006 6,605 2007 712 2008 88,011 2009 1,790 2010 -
## Describing Data

The following frequency table contains the total number of deaths worldwide as a result of earthquakes from 2000 to 2012. Year Deaths 2000 231 2001 21,357 2002 11,685 2003 33,819 2004 228,802 2005 88,003 2006 6,605 2007 712 2008 88,011 2009 1,790 2010 -
## Describing Data

The following frequency table contains the total number of deaths worldwide as a result of earthquakes from 2000 to 2012. Year Deaths 2000 231 2001 21,357 2002 11,685 2003 33,819 2004 228,802 2005 88,003 2006 6,605 2007 712 2008 88,011 2009 1,790 2010 -
## Business

Using the financial statements for the Goodyear Calendar Company, calculate the 13 basic ratios found in the chapter. GOODYEAR CALENDAR COMPANY Balance Sheet December 31, 2008 Assets Current assets: Cash . . . . . . . . . . . . . . . . . . . . . . . . . . -
## History

Why did the Elizabethan period end? I know that it ended with Queen Elizabeth I, but I need a more elaborate explanation of why that era ended? -
## Anatomy

I am working on a research project. I am concerned about my opening paragraph. Could anyone read this to see if it makes sense. My topic is C. Diff. In 2009 according to the CDC and US Deparmtne of Social Secirty there were 2,437,163 people that died that -
## financial accounting

the long-term note payable bears an interest of 12% per year. the unadjusted interest expense account equals the amount paid for the first 11 months of the 2008 fiscal year.(3,300). The 300 accrued interest for april has not yet been paid or recorded.Note: -
## 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 -
## Govt. accounting

The following information relates to Dell City, whose first fiscal year ended December 31, 2006. Assume Dell has only the long-term debt specified in the information and only the funds necessitated by the information. 1. General fund: • The following -
## Math

Let p -> q represent the conditional statement All hummingbirds love nectar. This is equivalent to p = If it is a hummingbird and q = then it loves nectar. State your answers to the questions below both in words and in symbols. 1. What is the -
## math (please help)

A company's retained earnings increased $375,000 last year and its assets increased $973,000. The company declared a $79,000 cash dividend during the year. What was last year's net income? -
## 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 -
## king senzangakhona high school

Formulae income statement -
## Finance

The Sterling Tire Company’s income statement for 2008 is as follows -
## Finance

Are Estimated Uncollectible Accounts reported n the Income Statement? I think... yes. -
## 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 -
## quantitative methods

21. The Seneca Children’s Fund (SFC) is a local charity that runs a summer camp for disadvantaged children. The fund’s board of directors has been working very hard over recent years to decrease the amount of overhead expenses; a major factor is how -
## math

distribution of adjust gross income in individual federal income tax returns shows: Income: 30-74, 75-199, more than 200 Probability: 0.315, 0.180, 0.031 1. What is the probability that a randomly chosen return shows an adjusted gross income of $30,000 or -
## Statistics

2. In 2009 a random sample of 70 unemployed people in Alabama showed an average weekly benefit of $199.65. In Mississippi, for a random sample of 65 the number was $187.93. Assume population standard deviations of $32.48 and $26.15 respectively. a. Using -
## economics

Samantha Jones has a job as a pharmacist earning $30,000 per year, and she is deciding whether to take another job as the manager of another pharmacy for $40,000 per year or to purchase a pharmacy that generates revenue of $200,000 per year. To purchase -
## bookkeeping

bought 1053 brackets for .46 each bought 945 bushings at .35 each bought 1130 washers at .001each what amount should be entered in the accounts payable column of the purchase invoice register my answer is 518.59 january 1st $100,000 note due in 9months at -
## microeconomics: work-leisure model

Consider the work-leisure model. Assume leisure is a normal good and suppose the wage rate(W) increases, then in this case we will have the following. Substitution effect: W increases => hours of leisure decrease Income effect has TWO components: 1. -
## 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. -
## accounting

The market interest rate for Christian Charities is 8% on January 1, 2008. On that day, Christian Charities issued the following bonds. A. $500,000 7-year 7% bond B. $300,000 10-year 9% bond For both bonds, interest is paid semiannually on June 30 and -
## math consumer

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? 2)Lola has a two-year lease that -
## Math

in a recent year, a single person could expect to pay $4550 in income taxes on an adjusted gross income of $35,000. how much more tax should the person expect to pay if her adjusted gross income increased by $4000, knowing that this would not move her into -
## 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 -
## sample size question

A federal funding program is available to low-income neighborhoods. To qualify for funding, a neighborhood must have a mean household income of less than $15,000 per year. Neighborhoods with mean annual household income of $15,000 or more do not qualify. -
## accounting

P20-2A For the year ended December 31, 2010, the job cost sheets of DeVoe Company contained the following data. Job Number Explanation Direct Materials Direct Labor Manufacturing Overhead Total Costs 7640 Balance 1/1 $25,000 $24,000 $28,800 $77,800 Current -
## Accounting

At December 31, 2007, before any year-end adjustments, Bollis Company's Prepaid Insurance account had a balance of $2,700. It was determined that $1,500 of the Prepaid Insurance had expired. The adjusted balance for Insurance Expense for the year would -
## Economics

6. The chapter uses the analogy of a "leaky bucket" to explain one constraint on the redistribution of income. a. What elements of the U.S. system for redistributing income create the leaks in the bucket? Be specific. b. Do you think that Republicans or -
## Please Please help!! Math

Some cicadas called 13 year locusts come above ground every 13 years, while others called 17 year locusts come out every 17 years. Mark's grandmother told him about a terrible year when then cicadas were so numerous that they ate all the crops on her farm. -
## accounting

acc 230 prepare a statement of cash flows for Little Bit Inc. -
## Math

match the word with the definition: (A)Personal exemptions (B)Adjustments (C)Tax credits (D)Itemized deductions (1) The amount you may be able to deduct from your adjusted gross income based on how you spent your money during the year. (2) A set amount -
## 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 -
## personal finance

Donna and Sherman Terrel are preparing a budget for 2003. 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 -
## 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 -
## 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 -
## accounting

1. A pressurized spray painter was purchased on April 1 of the fiscal year for $4,800. It has a useful life of 4 years and a residual value of $300. Determine depreciation expense for the first two years, assuming a fiscal year end of December 31 and using -
## macroeconomics

23. The next four questions refer to the following price and output data over a five-year period for an economy that produces only one good. Assume that year 2 is the base year. Units of Price Year output per unit 1 16 $2 2 20 3 3 30 4 4 36 5 5 40 6 (a) If