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2 years ago

When drawing a histogram it is important to

Business

1 answer:

mel-nik [20]2 years ago

8 0

D, label the vertical axis so the reader can determine the counts or percent in each class interval.

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Following are the transactions of Green Company. May 1 The company billed a customer $3,400 in consulting revenue for sustainabl

Kisachek [45]

Answer:

Accounts Receivable 3,400

Consulting Revenue 3,400

Supplies 1,000

Accounts Payable 1,000

Cash 2,400

Accounts Receivable 2,400

Accounts Payable 1,000

Cash 1,000

Utilities expense 800

Cash 800

Explanation:

The services are earned and were only billed not collected. So the company should reocgnize the receivable

The purchase of supplies is con credit, the company will recognize a liability

When the company collects from the account, it will decrease and cash will increase

When paying the supplier, their cash decrease and the liability is write-off

The utilities expense are cost of the period, so are recognize as expense.

3 0

2 years ago

Brown Office Supplies recently reported $20,000 of sales, $8,250 of operating costs other than depreciation, and $1,750 of depre

laiz [17]

Answer:

Net earnings before taxes = $9,300

Explanation:

Provided information, we have

Sales for the period = $20,000

Less: Operating Cost = $8,250

Less: Depreciation = $1,750

Operating income = $10,000

Less: Interest = $10,000 $\times$ 7% = $700

Thus, net earnings before taxes = $9,300

Note: All the expenses including depreciation, and interest are charged before taxes.

Therefore, depreciation and interest has been deducted before charging taxes.

4 0

2 years ago

Raner, Harris & Chan is a consulting firm that specializes in information systems for medical and dental clinics. The firm h

Snezhnost [94]

Answer:

The Break Even Point is the Sales Value that will cover the cost of production. Meaning the Sales Value that will bring profitability to Zero

Break Even sales for Company wide = $378,000

Break Even Value for Chicago is $111,429

And Break Even Value for Minneapolis is $120,000

The Addition of both Outlets/Offices Break Even Sales is less than the Company-wide because the Offices don't share in the Common Fixed Expense as these are specific to Group reporting.

Explanation:

6 0

2 years ago

A stadium has two sponsorship deals. Deal A has revenue of $100,000 and expenses of $10,000. Deal B has revenue of $50,000 and e

vladimir2022 [97]

Profit can be found by subtracting revenue from expenses.

The profit for Deal A is $100,000 - $10,000 = $90,000

The average profit as a percentage of revenue for the stadium for Deal A is Average profit divided by revenue multiplied by 100. That is 90,000/100,000 x 100 is 90%

The profit for Deal B is $50,000 - $20,000 = $30,000

The average profit as a percentage of revenue for the stadium for Deal B is Average profit divided by revenue multiplied by 100. That is 30,000/50,000 x 100 is 60%

8 0

2 years ago

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How were the earliest benefits of the Industrial Revolution distributed between factory owners and workers?

qaws [65]

The answer is <span>Factory owners benefited greatly, while conditions for workers were poor.

During the Industrial Revolution, capitalists were focused on getting more profit. They actually have poor management with worker benefits. Workers work long hours and receive insufficient pay for all their work. Their condition moved them to form Unions and held strikes for decent salary and benefits.
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8 0

2 years ago

Read 2 more answers