Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 23, 2024

18 (1 point) The following amounts appeared in the accounting records of XYZ Inc. for the year: Operating expenses $ 45000 Net income 9000 Interest

18 (1 point) The following amounts appeared in the accounting records of XYZ Inc. for the year: Operating expenses $ 45000 Net income 9000 Interest expense 30000 Accounts receivables 30000 Income tax expense 40000 Bank loan 90000 There were no other expenses. What was XYZ Inc.'s sales revenue for the year? Your

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Navigating The World Of International Accounting Challenges And Solutions

Authors: Maria Adnan

1st Edition

979-8865399872

More Books

Students also viewed these Accounting questions

Question

Before trying the self-assessment in Figure 14.5, where would you have placed yourself on the Big Five personality dimensions? Where might your family and friends place you? Did the actual results...

Answered: 1 week ago

Question

★★★★★

Werner Manufacturing Corporation has a flat-file processing system. The information-processing facility is very large. Different applications, such as order processing, production planning, inventory...

Answered: 1 week ago

Question

★★★★★

18 (1 point) The following amounts appeared in the accounting records of XYZ Inc. for the year: Operating expenses $ 45000 Net income 9000 Interest expense 30000 Accounts receivables 30000 Income tax...

Answered: 1 week ago

Question

★★★★★

1 points Bard Co owned several subsidiaries at December 31. The following table shows each should ladinchadas a s in consolidated balance sheet at December 317 dary's stalties d e company raadions...

Answered: 1 week ago

Question

★★★★★

1. Find and describe a real-world example of a method for enhancing the bond strength between different phases of a composite. Include the materials system, the details of the technique being used...

Answered: 1 week ago

Question

★★★★★

Ria Company manufactures quality wooden furniture sets. A job order from Ebie Randall Company of Ohio, USA, for 5 sets of furniture was received. The cost information related to this order as at year...

Answered: 1 week ago

Question

★★★★★

You own a real estate development/home construction company. Differentiate competitive (business-level) strategies and corporate-level strategies used at your company. In particular, what generic...

Answered: 1 week ago

Question

★★★★★

2, answer asap QUESTION 2 Calculate the productivity of the following operation: A local IT company of 100 employees is trying to understand their productivity in order to re-negotiate their current...

Answered: 1 week ago

Question

★★★★★

10. What is meant by a feed rate?

Answered: 1 week ago

Question

★★★★★

3. To evaluate the proportion of money spent on training development, administration, and evaluation as well as to compare monies spent on training for different groups of employees (exempt versus...

Answered: 1 week ago

Question

★★★★★

1. Technical, academic, and practitioner literature summarizes the benefits that have been shown to relate to a specific training program.

Answered: 1 week ago

Question

★★★★★

1. To understand total expenditures for training, including direct and indirect costs.

Answered: 1 week ago

Previous Question Next Question