if you are looking to tell how much money you made or lost last month, you should consult your

Answers

Answer 1

To know how much money you made or lost last month, you should consult your income statement.

What is income statement?

An income statement serves as a financial statement that display a company's income and expenditures.

Therefore, this statement will shows whether a company is making profit and how much money you made or lost last month.

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Related Questions

what are the key of success of business.

Answers

Explanation:

I think Creativity is one of the keys to success in business. You need to demonstrate creativity in constantly looking for ways to improve your business and help it stand out from the others. You have to be open to new ideas and new approaches to doing business.

I hoped I helped u

Jamison Company has two service departments and two producing departments. Square footage of space occupied by each department follows:



Custodial services 1,600 feet
General administration 3,600 feet
Producing Department A 8,600 feet
Producing Department B 8,600 feet
22,400 feet

The department costs of Custodial Services are allocated on a basis of square footage of space. If Custodial Services costs are budgeted at $44,000, the amount of cost allocated to General Administration under the direct method would be:

Answers

The total cost allocated from the Custodial Services to the General Administration under the direct method would be $3,745.

What is the direct method of cost allocation?

The direct allocation method is an accounting technique for charging the overhead costs of service departments to other units or departments of a business in an attempt to ensure that these costs are absorbed by production units or jobs.

The direct method is distinguished from the step-down method and the reciprocal method of cost allocation.

Data and Calculations:

Custodial services 1,600 feet

General administration 3,600 feet

Producing Department A 8,600 feet

Producing Department B 8,600 feet

22,400 feet

Total Custodial Services costs = $44,000

Allocation method = direct method

Thus, the total cost allocated from the Custodial Services to the General Administration under the direct method would be $3,745 (1,600/18,800 x $44,000).

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Select all the correct answers. What are the two reasons that private lending institutions offer a title loan to consumers who have a poor or average credit score? because they are certain that the loan will be repaid because ownership of the car remains with them because the loan amount is minimal because they earn a high interest because they are doing a charitable service

Answers

Explanation:

1) because ownership of the car remains with them

2) because they earn a high interest

here your picture!yay

Answers

very pretty but dont have that money :(

Being optimistic judgmental and critical are creativity

Answers

Answer:

yes, I suppose they could be traits of creativity although not the most common.

Explanation:


The standard rate per unit that a company expects to pay for variable overhead equals the

Answers

When a company comes up with a standard rate per unit for variable overhead, it should equal the variable portion of the predetermined overhead rate.

What should the variable overhead equal?

The predetermined overhead rate is divided into a fixed and variable portion to cater for the different types of costs there are.

The standard rate per unit for the variable overhead should therefore be equal to the variable part of that predetermined overhead rate.

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In order to reset yourself after a lost deal, which strategy should you use

Answers

Answer:

For every lost opportunity schedule a check up call.The time when you schedule your back in call depends on the length of contract you were selling.For example, if you were selling a year’s worth of services and lost the deal you’d want to be back in front of that prospect within 9 months.

Explanation:

hope this helps if not please  let me now

can someone help me!

1. The following table shows sales of a shoe company during years 2020 and 2021. Forecast the next four points, i.e., Spring, Summer, Fall, and Winter of 2022.
Date # of shoes sold
Spring 2020
Summer 2020 12000 D2
9000 D1
Fall 2020
Winter 2020 4000 D4
Winter 2021
2. Use the same table in the question one and this time use the moving average method to forecast F5, F6, F7, F8.
8000 D3
Spring 2021
Summer 2021 13000 D6 Fall 2021 7500 D7
8500 D5 3300 D8

Answers

Using the moving average method, F5, F6, F7, and F8 are as follows:

F5 = 8,250 (33,000/4)

F6 = 8,125 (32,500/4)

F7 = 8,375 (33,500/4)

F8 = 8,250 (33,000/4).

What is the moving average method?

The moving average method is a technique that creates a series of averages.

To compute a moving average, add up all the data points during a specific period and divide the sum by the number of periods.

Data and Calculations:

Date           Number of shoes sold

Spring 2020               9000                 D1

Summer 2020           12000                D2

Fall 2020                    8000                D3

Winter 2020               4000                D4

Spring 2021               8500                 D5

Summer 2021          13000                 D6

Fall 2021                   7500                  D7

Winter 2021              3300                 D8

Using the moving average method to forecast F5, F6, F7, and F8 are as follows:

Date           Number of shoes sold

Spring 2020               9000                 D1        

Summer 2020           12000                D2

Fall 2020                    8000                D3

Winter 2020               4000                D4

Spring 2021               8500                 D5            F5 = 8,250 (33,000/4)

Summer 2021          13000                 D6             F6 = 8,125(32,500/4)

Fall 2021                   7500                  D7             F7 = 8,375 (33,500/4)

Winter 2021              3300                 D8             F8 = 8,250 (33,000/4)

Thus, using the moving average method, F5, F6, F7, and F8 are as follows:

F5 = 8,250 (9,000 + 12,000 +8,000 + 4,000/4)

F6 = 8,125 (32,500/4)

F7 = 8,375 (33,500/4)

F8 = 8,250 (33,000/4).

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plagerism COMPARISON OF PRIMARY AND SECONDARY RESEARCH

Primary research is the first research that is involved in collecting data. The primary researcher assembles first-hand information to form the basis of systematic analysis, rather than utilizing available data. Generally speaking, research is largely based upon specific needs, which often necessitates a large number of highly qualified individuals. Because of this, this type of research gives the researcher full control of the data, making it extremely useful in fast-paced environments. This is why many companies outsource market research to third parties. Unlike secondary research, primary research grants the investigator 100% control over the study data, which makes it extremely valuable."

In secondary research, the secondary researcher does not have to gather first-hand information. In addition, research helps avoid knowledge repetition by mapping out previous research efforts, allowing the original researcher to concentrate on new areas of inquiry. On the other hand, research builds upon already gathered data to develop a systematized investigation. This implies that data is not actively collected by the researcher. In secondary research, the researcher does not acquire secondary data, so he or she cannot confirm the accuracy of the research materials. Secondary research can be accomplished relatively quickly and with few resources because the study data already exists unlike primary research, which is time-consuming and expensive.

Answers

thanks for the answer...

#20 Employers include __________ plan coverage in fringe benefit programs to retain high-quality employees and ensure productivity by providing preventive medical care to create a healthy workforce.

a. group health
b. municipal
c. public
d. government

Answers

20 Employers include __________ plan coverage in fringe benefit programs to retain high-quality employees and ensure productivity by providing preventive medical care to create a healthy workforce.

a. group health

In general, a health plan offered by an employer or employee organization that provides health coverage to employees and their families.

Employers include group health plan coverage in fringe benefit programs to retain high-quality employees and ensure productivity by providing preventive medical care to create a healthy workforce. Thus, option A is correct.

Who are the employees?

Employees can be defined as the ones who have a job under an employer Fist of for the work that they are doing they are getting paid. It can be a variety of work that can be needed. Some may need a person to do a particular job but it is not a necessity.

Employers to maintain good health care and good coverage often include Healthcare or health insurance for the workforce that they are having. This would help them to create good morale around the company. It will also help to increase productivity by providing them a mental assurance.

Therefore, option A is the correct option.

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#SPJ2

A sales person sets a starting price of a new car that the buyer thinks is slightly too high. What type of price might the buyer counter with?

A bid price
An offer price

Answers

Answer:

Brainliest pls

Explanation:

A bid price

Answer:

1. a bid price

2. equilibrium point

3. the average market price is lower than the equilibrium price

4. the total market demand has not changed

5. the entire demand curve will shift upwards

6. the supply point will increase by moving along the existing supply curve; the curve itself will not change

7. spot price

8. the price is likely to decrease because supply has increased

9. scarcity

10. more product will be produced that consumers want to purchase

Explanation:

100% on apex quiz

What’s the best advantage of a fha loan

Answers

Some advantages of an FHA loan are that:

They have a low down payment. They have low discount points.

What is a benefit of FHA loans?

A Federal Housing Administration (FHA) loan is a loan that has government protection because it is insured by the FHA.

The benefit of this is that it has a low down payment and low discount points because there is a lower risk of default with the government backing it.

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A customer requirement from an online retail store is "timeliness of clothing delivery." Which of the following is most likely to be the specific measure of that requirement?

Answers

The thing that is likely to be the specific measure of timeliness regarding retail store is delivery in 7 days or less.

What is a retail store?

A retail store simply means a state where goods are sold to the final consumers.

In this case, the specific measure is about timeliness. Therefore, the customer will want the good as soon as possible.

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Marco Company shows the following costs for three jobs worked on in April.


Job 306 Job 307 Job 308
Balances on March 31
Direct materials used (in March) $ 29,000 $ 37,000
Direct labor used (in March) 24,000 18,000
Overhead applied (March) 12,000 9,000
Costs during April
Direct materials used 134,000 210,000 $ 120,000
Direct labor used 104,000 155,000 103,000
Overhead applied ? ? ?
Status on April 30 Finished (sold) Finished (unsold) In process


Additional Information

Raw Materials Inventory has a March 31 balance of $89,000.
Raw materials purchases in April are $550,000, and total factory payroll cost in April is $386,000.
Actual overhead costs incurred in April are indirect materials, $54,000; indirect labor, $24,000; factory rent, $34,000; factory utilities, $21,000; and factory equipment depreciation, $55,000.
Predetermined overhead rate is 50% of direct labor cost.
Job 306 is sold for $650,000 cash in April.
Required:
1. Determine the amount of overhead applied to each job in April.

Answers

The determination of the amount of the overhead applied to each job in April based on the predetermined overhead rate of 50% of direct labor cost for Marco Company is as follows:

                                              Job 306      Job 307       Job 308

Overhead applied in April $52,000       $77,500       $51,500

What is overhead allocation?

Overhead allocation is the process of assigning overhead costs to jobs or units of products.

Some companies use the predetermined overhead rate, which is a companywide (departmental) rate while others use the ABC overhead rates, which are based on the activity levels.

Data and Calculations:

Overhead allocation = 50% of direct labor cost

                                              Job 306      Job 307       Job 308

Direct labor used                $104,000     $155,000     $103,000

Overhead applied in April $52,000       $77,500      $51,500 ($103,000 x 50%)

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Consider a bond selling at par with modified duration of 10.6 years and convexity of 210. A 2% decrease in yield would cause the price to increase by 21.2% according to the duration rule. What would be the percentage price change according to the duration-with-convexity rule? Group of answer choices 25.4%

Answers

Based on the calculation done below, the percentage price change according to the duration-with-convexity rule is 25.4%.

Calculation of Percentage Price Change According to the Duration-With-Convexity Rule

The percentage price change according to the duration-with-convexity rule can be calculated using the following formula:

∆P/P = (-D*∆y) + (1/2) * (Convexity * (∆y)^2) …………………. (1)

∆P/P = Percentage change in price = ?

D = Modified duration = 10.6

∆y = Change or decrease in yield = -2%, or -0.02

Convexity = 210

Substitute the values into equation (1), we have:

∆P/P = (-10.6*-0.02) + (1/2) * (210 * (0.02)^2)

∆P/P = 0.212 + 0.042

∆P/P = 0.254, or 25.4%

Therefore, the percentage price change according to the duration-with-convexity rule is 25.4%.

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For cost of capital purposes, the firm should always consider reinvested earnings as the first source of capital – i.e. use these funds first- because reinvested earnings have no cost to the firm.
A. True
B. False

Answers

I think it is true.

Can an employee be suspended or terminated by not accepting promotion? If YES, why? If NO, why not?

Answers

Answer:

no

Explanation:

because it's his or her own choice

Answer:

no

Explanation:

its their wish because in the end its them who is gonna handle the pressure and work so i think they should have the choice to choose as its them in the end

What is the term used to describe the total amount of money produced by
the sele of goods and services.

Answers

I’m pretty sure GDP
GP is the amount of money made by good and services inside of country

2) Can a caterer use leftover foods donated to a charity as a charitable tax deduction? Why or why not?

Answers

Answer:

it would be deductible as a charitable donation on your personal return if you are taking the itemized deduction instead of the standard deduction.

Explanation:

Which is a special clause in an insurance contract that stipulates additional coverage over and above the standard contract?

a. deductible
b. copayment
c. coinsurance
d. rider

Answers

Answer:

coinsurance

Explanation:

Coinsurance refers to additional pay over standard health contract

Take a example

If your coinsurange is 30%

then for

100$ you have been paid 30$

The interest rate that is printed on the bond certificate is referred to as any of the following except: Question 6 options: Effective rate. Contract rate. Stated rate. Nominal rate.

Answers

The interest rate that is printed on the bond certificate is referred to as Stated rate.

What is states interest?

Stated interest rate is that interest rate that usually attached to a bond this is decided by the company or the individual.

This money is paid by the person or company that issued the bond.

Therefore, The interest rate that is printed on the bond certificate is referred to as Stated rate.

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Compute prime cost given the following data: direct materials, $ 47,500; direct labor, $ 96,300; factory overhead, $ 87,900; and selling expenses, $ 54,290. a. $ 142,190 b. $ 285,990 c. $ 143,800 d. $ 184,200

Answers

Answer:

577,1970

Explanation:

that correct answer

Mark carefully analyzed his financial portfolio and found out that every time the European Central Bank increases its discount rate by a decimal point his revenue decreases by 100 €. On the other hand, if the ECB lowers its discount rate by a decimal point his revenue increases by 65 €. In February 2012 (leap year) the ECB has not changed the discount rate for 19 days;
when it did change the rate, the variation was always of a single decimal point. Assuming the ECB can vary its discount rate only once a day, how many times did it make a positive change in the rate if Mark's revenue increased by 155 € at the end of the month? ​

Answers

If Mark's revenue increased by 155 € at the end of the month, the number of times that the ECB made a positive change in the rate is 2.4 times.

What is the ECB's monetary policy?

The European Central Bank's monetary policy aims to influence:

Price stability
InflationConsumptionEconomic growthLiquidityPreserve the value of the Euro.

Data and Calculations:

Mark's revenue increase when ECB lowers the discount rate = 65 €

Increase in Mark's revenue = 155 €

The number of times the ECB lowered the discount rate = 2.4 times (155 €/65 €).

Thus, if Mark's revenue increased by 155 € at the end of the month, the number of times that the ECB made a positive change in the rate is 2.4 times.

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Forecasting the demand for labor

Answers

Answer:

In short, labor demand forecasting revolves around predicting how busy your company is likely to become in the future. Most forecasting methods of this nature revolve around estimating future demand based on historical sales data and market conditions.

Differentiate between per capita national income and Human Development index

Answers

Answer:

National income is the total value a country's final output of all new goods and services produced in one year whereas national income is calculated by taking sum of all sectors personal, public or government. per capita income = total income ÷ total population.

Click this link to view O*NET’s Skills section for Hotel, Motel, and Resort Desk Clerks.

Note that common skills are listed toward the top, and less common skills are listed toward the bottom.

According to O*NET, what are common skills needed by Hotel, Motel, and Resort Desk Clerks? Select four options.

science
social perceptiveness
service orientation
speaking
active listening
equipment maintenance

Answers

Answer:

getting information - interacting with computers - communicating with supervisors, peers, or subordinates - organizing, planning, and prioritizing work.

Explanation:  or in other words b, c, e, f :)

Answer:B,C,D,E

Explanation:if it's not the other dudes

Assume that you are the president of your company and paid a year-end bonus according to the amount of net income earned during the year. When prices are rising, would you choose a FIFO or weighted average cost flow assumption? Explain, using an example to support your answer. Would your choice be the same if prices were falling?

Answers

As the president of the company, at a time when the prices are said to  be rising, what is would do is to choose the Weighted average cost.

Why I would have to choose the Weighted average cost

This due to the fact that it is going to be more satisfactory to have the lower Bonus bill.

The year end bonus is an amount that is calculated from all of the net income from the year.

A lower net income is only going going to help to bring about a smaller bonus bill.

At a time when the prices are falling, the FIFO is what would be the best choice. It gives a smaller ending cost of inventory since the ending prices are going to be at their lowest.

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You have $27,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 14 percent and Stock Y with an expected return of 10.5 percent. If your goal is to create a portfolio with an expected return of 12.88 percent, how much money will you invest in Stock X and Stock Y? (Do not round intermediate calculations and round your answer to the nearest dollar, e.g., 32.)

Answers

Answer:

stock x with an expected return of Y

Explanation:

The job of a manager demands a mixture of several types of skills

Answers

Answer: What is the question exactly?....... Are you asking for the several types of skills?

Explanation:

Please answer in one minute will mark BRAINLIST

Answers

Answer:

it's b reckless. ... ...

Answer:

b

Explanation:

reckless

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