Answer:
A.
Explanation:
Based on the information provided within the question it can be said that the most likely result would be the collapse of local fisheries, because of the damage to coral reefs from ocean acidification
. This is mainly because the coral reefs provide habitat for a vast majority of the fish, and the same carbon dioxide that is causing global warming is also causing ocean acidification. Which in term is destroying the coral reefs, and therefore the habitats of all these fishes who will die without them.
Answer:
The correct answer is D.
Explanation:
Giving the following information:
A charity plans to invest annual payments of $60,000, $70,000, $75,000, and $50,000
We need to use the following formula for each deposit:
FV= PV*(1+i)^n
Deposit 1= 60,000*(1.055)^3= $70,454.48
Deposit 2= 70,000*(1.055^2)= $77,911.75
Deposit 3= 75,000*(1.055)= $79,125
Deposit 4= 50,000
Total= $277,491.23
Answer:
STARK COMPANY
INCOME STATEMENT
FOR THE YEAR ENDED DECEMBER 31
PARTICULARS AMOUNT$
Service Revenue 20,000
<u>Less-Expenses</u>
Supplies expense 200
Interest expense 500
Insurance expense 1800
Utilities expense 1300
Depreciation expense 2000
Wages expense 7500
Total expenses <u>13,300</u>
Net profit <u>$6,700</u>
STARK COMPANY
STATEMENT OF RETAINED EARNINGS
FOR THE YEAR ENDED DECEMBER 31 Amount$
Retained earnings December 31 prior year end 14,800
Add- Net income 6,700
Less- Dividends 3,000
Retained earnings, December 31 Current year end $18,500
Answer:
C) Yes, income will increase by $250.
Explanation:
normal selling price $8
special order for 15,000 at $4 each
incremental costs per plane:
- direct materials $1.25
- direct labor $2.05
- variable manufacturing overhead $0.50
- decals $0.05
- total $3.85 per plane
plus $2,000 in special machine
gain/loss resulting from special order = total revenue - incremental costs per plane - special machine = ($4 x 15,000) - ($3.85 x 15,000) - $2,000 = $60,000 - $57,750 - $2,000 = $250
net profits will increase by $250
