Lantz company has provided the following information: • cash sales totaled $255,000. • credit sales totaled $479,000. • cash collections from customers for services yet to be provided totaled $88,000. • a $22,000 loss from the sale of property and equipment occurred. • interest income was $7,700. • interest expense was $19,900. • supplies expense was $336,000. • rent expense for the store was $36,000. • wages expense was $49,000. • other operating expenses totaled $79,000. • unearned revenue was $4,000. what is the amount of lantz's operating revenues?
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Business, 22.06.2019 09:40
You plan to invest some money in a bank account. which of the following banks provides you with the highest effective rate of interest? hint: perhaps this problem requires some calculations. bank 1; 6.1% with annual compounding. bank 2; 6.0% with monthly compounding. bank 3; 6.0% with annual compounding. bank 4; 6.0% with quarterly compounding. bank 5; 6.0% with daily (365-day) compounding.
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Business, 22.06.2019 13:40
Computing equivalent units is especially important for: (a) goods that take a relatively short time to produce, such as plastic bottles. (b) goods with sustainability implications in their production processes. (c) goods that are started and completed during the same period. (d) goods that take a long time to produce, such as airplanes.
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Business, 22.06.2019 21:30
True or false payroll withholding includes income tax, social security tax, medicare tax as well as money you deduct for your retirement fund.
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Business, 22.06.2019 23:30
An outside supplier has offered to sell talbot similar wheels for $1.25 per wheel. if the wheels are purchased from the outside supplier, $15,000 of annual fixed overhead could be avoided and the facilities now being used could be rented to another company for $45,000 per year. direct labor is a variable cost. if talbot chooses to buy the wheel from the outside supplier, then annual net operating income would:
Answers: 1
Lantz company has provided the following information: • cash sales totaled $255,000. • credit sales...
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