FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question Help SC5-1 (book/static) During April, Bargain Hardware made sales of $42,300 and ended the month with inventories totaling $5,400. Cost of goods sold was

image text in transcribed
Question Help SC5-1 (book/static) During April, Bargain Hardware made sales of $42,300 and ended the month with inventories totaling $5,400. Cost of goods sold was $21.900 Total operating expenses were $10,800 How much net income did Bargain Hardware earn for the month? A. $4,200 OB. $20.400 OC. $9,600 OD. 515,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Accounting And Finance For Your Small Business

Accounting And Finance For Your Small Business

Authors: Eric James Burton, Steven M Bragg

1st Edition

9780471323600

More Books

Students also viewed these Accounting questions

Question

★★★★★
1. Mount Fuji, in Japan, is considered the most beautiful composite volcano in the world. The mountain is in the shape of a cone whose height is about 3.5 kilometers and whose base radius is about 3...

Answered: 1 week ago

Question

★★★★★
Find p such that u, v, w in Prob. 23 and p are in equilibrium. Data from Prob. 23 u = [8, -1, 0], v = [1/2, 0, 4/3], w = [-17/2 , 1, 11/3]

Answered: 1 week ago

Question

★★★★★
=+b) How long or short would the sample mean length would have to be to fall outside the 3s limit?

Answered: 1 week ago

Question

★★★★★
The following are frequently performed audit procedures for the verification of bonds payable issued in previous years: 1. Analyze the general ledger account for bonds payable, interest expense, and...

Answered: 1 week ago

Question

★★★★★
How to record a trade-in? Government Wide :Record at ticket price of the new asset Fund statement: only the cash aspects of the transaction be recognized as expenditures losses and gains should be...

Answered: 1 week ago

Question

★★★★★
1 . Consider a sample of beams with circular cross section. The diameters have mean 1 0 . 8 mm and standard deviation 0 . 3 8 mm . What is the uncertainty of the cross - sectional area, expressed in...

Answered: 1 week ago

Question

★★★★★
Shares in the Canadian maker of BlackBerry smart phones peaked in August 2007, at two hundred and thirty six dollars. In retrospect, the company was facing an inflection point and was completely...

Answered: 1 week ago

Question

★★★★★
5. (18 points) Solve the following integrals: (a) (4 points) | [+1 + (1.43) 50 + (r)] +=(1.43) - 50+ sec(x) dr. 2 (b) (4 points) (23 2w-cos(w)+ 3 w2 + 1 ) dw. (c) (5 points) [9t(1 + 1)- dt. (d) (5...

Answered: 1 week ago

Question

★★★★★
a) Give an example of a discrete random variable and report its domain. b) Give an example of a continuous random variable and report its domain. c) How many X values can your random variable example...

Answered: 1 week ago

Question

★★★★★
? Learn By Doing Adult male height (X) follows (approximately) a normal distribution with a mean of 69 inches and a standard deviation of 2.8 inches. a. What proportion of males are less than 65...

Answered: 1 week ago

Question

★★★★★
Under the Age Discrimination in Employment Act, how long must employers maintain specific information ( name , address, date of birth, occupation, rate of pay ) for each employee and applicant?

Answered: 1 week ago

Question

★★★★★
What predictions or trends are associated with this situation? (These can be organizational, industry-related, community relations, nation-related, etc.)

Answered: 1 week ago

Question

★★★★★
What do you learn about this situation from a literature review of scholarly and/or professional publications?

Answered: 1 week ago

Question

★★★★★
What is the central issue of the situation facing the organization?

Answered: 1 week ago

Previous Question Next Question