Jing company was started on january 1, year 1 when it issued common stock for $28,000 cash. also, on january 1, year 1 the company purchased office equipment that cost $15,200 cash. the equipment was delivered under terms fob shipping point, and transportation cost was $1300. the equipment had a five-year useful life and a $5700 expected salvage value. assume that jing company earned $17,400 cash revenue and incurred $11,000 in cash expenses in year 3. using straight-line depreciation and assuming that the office equipment was sold on december 31, year 3 for $8900, the amount of net income or (loss) appearing on the december 31, year 3 income statement would be:

You have $22,000 to invest in a stock portfolio. your choices are stock x with an expected return of 11 percent and stock y with an expected return of 13 percent. if your goal is to create a portfolio with an expected return of 11.74 percent, how much money will you invest in stock x? in stock y?

Laurelton heating & cooling installs and services commercial heating and cooling systems. laurelton uses job costing to calculate the cost of its jobs. overhead is allocated to each job based on the number of direct labor hours spent on that job. at the beginning of the current year, laurelton estimated that its overhead for the coming year would be $ 61 comma 500. it also anticipated using 4 comma 100 direct labor hours for the year. in april comma laurelton started and completed the following two jobs: (click the icon to view the jobs.) laurelton paid a $ 20-per-hour wage rate to the employees who worked on these two jobs. read the requirements requirement 1. what is laurelton's predetermined overhead rate based on direct labor hours? determine the formula to calculate laurelton's predetermined overhead rate based on direct labor hours, then calculate the rate. / = predetermined overhead rate

Which is not true of birthday and/or annual review automatics? a. the purpose is to trigger a telephone call for a face-to-face meeting.b. quarterly automatic contacts decrease cross-sales and lead to reduced referrals.c. you are expected to stay in touch with all your active prospects and clients through two personal contacts each year?