The selected accounts from the Blue Door Corporation's accounting records are presented below for the year ended December 31, 2015: Advertising expense $ 55,000 Interest revenue $ 30,000 Common stock 250,000 Inventory 67,000 Cost of goods sold 1,085,000 Rent revenue 24,000 Depreciation expense 125,000 Retained earnings 535,000 Dividends 150,000 Salaries and wages expense 675,000 Freight-out 25,000 Sales discounts 8,500 Income tax expense 70,000 Sales returns and allowances 41,000 Insurance expense 15,000 Sales revenue 2,400,000 Interest expense 70,000 Prepare a multiple-step income statement.

Answers

Answer 1

Solution :

Sales Revenue

Sales                                                                                   $ 2,400,000

Less:

Sales discount                                $ 8,500

Sales returns and allowances       $ 41,000

                                                                                             $ 48,500

Net Sales                                                                              $ 2,350,500

Cost of goods sold                                                               $ 1,085,000

Gross profit                                                                            $ 1,265,500

Operating expense :

Salaries expenses                         $ 675,000

Advertising expenses                    $ 55,000

Depreciation expense                  $ 125,000

Freight expense                             $ 25000

Insurance expense                        $ 15,000

Total operating expenses                                                 $ 895,000

Operating income                                                              $ 370,500

Non operating income

Interest revenue                            $ 30,000

Rent revenue                                  $ 24,000

                                                                                           $ 54,000

Non Operating expenses  :

Interest expense                                                                 $ 70,000

Income before income tax                                                 $ 354,500

Income tax expense                                                            $ 70,000

Net income                                                                            $ 284,500


Related Questions

The browns are moving across the counrty. Mr. Brown leaves 2.5 hours before Mrs. Brown, if he averages 75 mph and she averages 85 mph, how many hours will it take Mrs. Brown to catch up to Mr. Brown?

Answers

Answer:

the time taken by Mrs Brown to catch up is 18.75 hours

Step-by-step explanation:

Given;

average speed of Mr Brown = 75 mph

average speed of Mrs Brown, = 85 mph

time first traveled by Mr Brown = 2.5 hours

The distance traveled by Mr Brown before Mrs Brown start her own Journey;

D = speed  x time

D = 75 mph x 2.5 h

D = 187.5 miles

Let the time taken by Mrs Brown to catch up = t

(85 - 75)t = 187.5

10t = 187.5

t = 18.75 hours

Check:

after 18.75 hours:  Mrs Brown will travel ⇒ 18.75 x 85 = 1593.75 miles

after (2.5 h + 18.75h) : Mr Brown will travel ⇒ 21.25 x 75 = 1593.75 miles

What is the edge length of
a cube of 1/8 m^3

Answers

Step-by-step explanation:

The volume of a cube is the edge³, so to find the edge, you need to calculate the cubic root of it:

[tex] \sqrt[3]{ \frac{1}{8} } = \frac{1}{2 } [/tex]

dylan invested $600 in a savings account at a 1.6% annual interest rate. He made no deposits or withdrawls on the account for 2 years. the intrest was compounded annually find to the nearest cent the balance in the account after 2 years

Answers

Answer:

below

Step-by-step explanation:

that is the procedure above

The balance in the account after 2 years is $619.35.

What is the compund interset?

The compound interest for an amount depends on both Principal and interest gained over periods.

Dlan invested $600 in a savings account at a 1.6% annual interest rate.

He made no deposits or withdrawls on the account for 2 years.

The balance in the account after 2 years is given by;

[tex]\rm Amount =Principal(1+rate)^{time}[/tex]

Substitute all the values in the formula

[tex]\rm Amount =Principal(1+rate)^{time}\\\\\rm Amount =600(1+0.016)^2\\\\ Amount =600(1.016)^2\\\\ Amount = 600 \times 1.03\\\\Amount =619.35[/tex]

Hence, the balance in the account after 2 years is $619.35.

Learn more about compound interest here;

https://brainly.com/question/14295570

#SPJ2

Eighty percent of students surveyed said they feel more focused after exercising. Nine hundred fifty students were surveyed.

Students Who Feel More Focused after Exercise
20%
20%
20%
20%
20%


How many students said they feel more focused after exercising?

Answers

Answer:

760

Step-by-step explanation:

it was 760 students that

Can someone please help me get surface area and lateral surface area

Answers

Answer:

Step-by-step explanation:

suface area of base=1/2×9×7.8=9×3.9=35.1 yd²

lateral surface area=3×1/2×9×10=135 yd²

total surface area=135+35.1=170.1 yd²

i assumed it is an equilateral triangular base.

as √(7.8²+4.5²)=9.0049≈9

Find the sum of the first seven prime numbers that have a units digit of 7.

Answers

Answer:

7, 17, 37, 47, 73, 79, 97

Step-by-step explanation:

they have 7's as one of their digits

This figure is known as a triangular prism. Find the surface area in square feet.
10 ft
3 ft
7 ft
8 ft

Answers

Step-by- step explanation : Perimeter of the triangular base=10+10 + 16 =36 ft Height of the prism n = 15ft Base area = Area of the triangle = 1 2 (Base)(Height ) = 1 2 (16)(6); =48 square ft Surface area of the triangular ism = 2(base area) + (perimeter * heig ) =2(48); + 36 * (15) = 96 + 540 =636

What is the length of /AB?

Answers

Answer:

[tex]\sqrt{53}[/tex]

Step-by-step explanation:

What value of b will cause the system to have an infinite number of solutions? y=6x-b -3x+1/2y=-3

Answers

Answer:

b = 6

Step-by-step explanation:

solve the second equation for 'y':

-3x + 1/2y = -3

add 3x to each side to get:

1/2y = 3x - 3

multiply all terms by 2 to eliminate the denominator to get:

y = 6x - 6

now compare '6x-6' with '6x-b'

you want both expressions to be equal because then there are an infinite number of solutions:

b = 6

A batter gets 6 hits in 12 times at bat. What is the experimental

probability that she will get a hit in her next time at bat?​

Answers

Answer:

1/2 or 50% or .5

Step-by-step explanation:

She hits at .500 that's pretty good. I'd take her on my fantasy team.

Find the missing angle measurements of HFG ? , fill in the boxes

Answers

Answer:

Angle HFG = 24 degrees

Step-by-step explanation:

From the diagram, we have the following;

Angle EFH and angle HFG are complementary (they add up to be 90 degrees)

angle EFH + angle HFG = 90

Angle HFG = 90-66

Angle HFG = 24 degrees

Lisa and Susan are driving to college together. They look at a map to find out how far they have to drive. On the map, Lisa measures the distance to be 4.5 inches. How many miles do they have to drive if the map scale is 1 in. = 40 mi?

A. 10 miles

B. 220 miles

C. 1/10 miles

D. 180 miles

Answers

Answer:

d 180 miles

Step-by-step explanation:

4.5×40= 180 miles

The actual distance to college Lisa and Susan going together is 180 miles.

What is a scale factor?

The scale factor defines a variable in a ratio of two different measurements.

Sometimes drawings of large models are represented in a scale factor of a smaller unit.

Given, The map scale is 1 in. = 40 mi.

Lisa and Susan are driving to college together, On the map, Lisa measures the distance to be 4.5 inches.

Therefore,

The actual distance to college is,

= (4.5×40) miles.

= 180 miles.

learn more about scale factors here :

https://brainly.com/question/30215119

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Challenge. Add a number to the original data set based on the instructions below:
Original data set:
3, 10, 8, 3, 10, 1, 10,
A)
Fill in the blank with a number that would make the range of the data set 20.
3, 10, 8, 3, 10, 1, 10,
B)
Fill in the blank with a number that would make the mean of the data set 15.
3, 10, 8, 3, 10, 1, 10,
C)
Fill in the blank with a number that would make the standard deviation smaller.
3, 10, 8, 3, 10, 1, 10,

Answers

Answer:

A) 23

B) 75

C) 6.30

Step-by-step explanation:

A) Range = highest value - least value

Range = 20

least value = 3

Thus,

20 = highest value - 3

highest value = 20 + 3

                      = 23

The number that would make the range of the data set 20 is 23.

B) Let the number be represented by x, so that;

15 = [tex]\frac{3 + 10 + 8 + 3 + 10 + 1 + 10 + x}{8}[/tex]

cross multiply to have

15 x 8 = 45 + x

120 - 45 = x

x = 75

The number that would make the mean of the data set 15 is 75.

C) The given data plus a number that is close to the mean would reduce the standard deviation.

mean of the data set = [tex]\frac{3+10+8+3+10+1+10}{7}[/tex]

                                   = 6.43

The required number could be 6.30

A career-placement test eliminates a profession when a person receives a score of 18 or less. The score is equal to the formula 2x - 3y, where x is the number of positive responses and y is the number of negative responses. Which graph represents the range of test results that would be eliminated under this scenario (all points may not apply to the scenario)?

Answers

Answer:

ITS D GOT 100 ON QUIZE

Step-by-step explanation:

Answer:

its d

Step-by-step explanation:

bc i said so

How many tiles would be in figure 100? Help :/

Answers

Answer: pretty sure it is 201 tiles

please mark me brainlies. That would be helpful

HELPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPPP

Answers

Answer:

Step-by-step explanation:

circumference of circle=2πr

=2*π*9

=18π m

[tex]{ \bf{ \underbrace{Given :}}}[/tex]

Radius of the circle = 9 m.

[tex]{ \bf{ \underbrace{To\:find:}}}[/tex]

The circumference of the circle.

[tex]{ \bf{ \underbrace{Solution :}}}[/tex]

A. C = 18 π

[tex]\sf\orange{The\:circumference \:of\:the\:circle\:is\:18\:π\:m.}[/tex]

[tex]\large\mathfrak{{\pmb{\underline{\red{Step-by-step\:explanation}}{\orange{:}}}}}[/tex]

We know that,

[tex]\sf\purple{Circumference\:of\:a\:circle \:=\:2Πr }[/tex]

[tex] = 2 \: \pi \times 9 \: m \\ = 18 \: \pi \: m[/tex]

Therefore, the circumference of the circle is 18 π m.

[tex]\large\mathfrak{{\pmb{\underline{\blue{Happy\:learning }}{\blue{!}}}}}[/tex]

A bakery offers a sale price of $3.00 for 4 muffins. What is the price per dozen?

Answers

Answer:

9 dollars.

Step-by-step explanation:

A dozen is 12.

12/4 = 3

$3 * 3 = $9

Step-by-step explanation:

3×4=12. 12 is a dozen. $3=4 muffins. $6=8 muffins. 9=12 muffins . so $9 for a dozen

Which one goes where?:( WILL GIVE BRAINLIEST!<33

Answers

Answer:

1 pair of parallel sides: B

2 pairs of parallel sides: A, D

3 pairs of parallel sides: C

Step-by-step explanation:

When two lines are parallel, they will never intersect.

HELPPP PLS!! WILL MARK BRAINLIEST!! #plato
Drag each tile to the correct box.
Arrange the entries of matrix A in increasing order of their cofactor values.

Answers

Answer:

a23, a31, a21, a11, a12, a33

Step-by-step explanation: I got it right on Edumentum.

Answer:

a23, a31, a21, a11, a12, a33

Step-by-step explanation:

GIJL is a trapezoid with mid segment of HK. If IJ =7 cm and GL=15 cm, what is the length of HK?

Answers

Consider IJ and GL are the parallel sides of the trapezoid.

Given:

In a trapezoid GIJL, HK is the mid segment, IJ =7 cm and GL=15 cm.

To find:

The length of the mid segment HK.

Solution:

The length of the mid segment of a trapezoid is:

[tex]\text{Midsegment}=\dfrac{b_1+b_2}{2}[/tex]

where, [tex]b_1,b_2[/tex] are two parallel side or bases of the trapezoid.

HK is the mid segment, and the parallel sides are IJ =7 cm and GL=15 cm. So, the length of the mid segment is:

[tex]HK=\dfrac{IJ+GL}{2}[/tex]

[tex]HK=\dfrac{7+15}{2}[/tex]

[tex]HK=\dfrac{22}{2}[/tex]

[tex]HK=11[/tex]

Therefore, the length of HK is 11 units.

What is the radius of a circle with a diameter of 6 meters

Answers

3 meters
radius = d/2

Hope this helps ;)

Answer:

the radius is 3 m

Step-by-step explanation:

the radius of a circle is always one half of the diameter.

Here the diameter is 6 m, so the radius is 3 m.

Simplify the expression. –(10)–2


100

–100

Answers

Answer:

-12, 0

Step-by-step explanation:

100 because two negatives make a positive

Find the total surface area of a right cylinder with a radius of 3 inches and a height of 17 inches. Round to the nearest tenth.

Answers

Answer:

Step-by-step explanation:

Find the total surface area of a right cylinder with a radius of 3 inches and a height of 17 inches. Round to the nearest tenth.

Your

Find B
Plzz find the right answer and don’t just guess

Answers

Answer:

Step-by-step explanation:

using pythagoras theorem

a^2 + b^2 = c^2

B^2 + 8^2 = 15^2

B^2 + 64 + 225

B^2 = 225 - 64

B^2 = 161

B = [tex]\sqrt{161}[/tex]    OR  12.7

What is the length of Line segment A C?

Answers

Answer:

12

Step-by-step explanation:

The triangles are similar because they have the same angles.

Make a proportion to solve for AC which we will substitute with variable x.

AM = MB = 4

AB = AM + MB = 8

BN = NC = 3

BC = BN + NC = 6

big triangle sides: 8, 6, x

small triangle sides: 4, 3, 6

now we can write proportion.

8/4 = x/6

x = 12

AC = 12

f(x) = 4* and g(x) = 45
Use the values given in the table and the functions to
determine the missing values.
A=
X
f(x)
g(x)
B=
1
-2
C =
16
1
4
-1
UNI->
0
1
1
4
2
2
16
с

Answers

Answer:

The missing values are [tex]A = \frac{1}{4}[/tex], [tex]B = 1[/tex] and [tex]C = 4[/tex], respective.

Step-by-step explanation:

We find the values regarding A, B and C by evaluating [tex]g(x)[/tex] at respective values of [tex]x[/tex]:

[tex]x = -2[/tex]

[tex]g(-2) = 4^{-\frac{2}{2} }[/tex]

[tex]g(-2) = 4^{-1}[/tex]

[tex]g(-2) = \frac{1}{4}[/tex]

[tex]A = \frac{1}{4}[/tex]

[tex]x = 0[/tex]

[tex]g(0) = 4^{\frac{0}{2} }[/tex]

[tex]g(0) = 1[/tex]

[tex]B = 1[/tex]

[tex]x = 2[/tex]

[tex]g(2) = 4^{\frac{2}{2} }[/tex]

[tex]g(2) = 4^{1}[/tex]

[tex]g(2) = 4[/tex]

[tex]C = 4[/tex]

Answer:       A=1/4,   B=1,   C=4

Step-by-step explanation:

Correct on edge 2022

What is the distance between the following points?

Answers

The answer is nine sorry if wrong

In the circle below, EG is a diameter and EF is tangent at E. Suppose mEF = 124°. Find the following. Does anyone know this?

Answers

Answer:

Step-by-step explanation:

If EG is a diameter, then arc EFG is a semicircle and its measure is 180. Arc FG then is 180 - 124 = 56. Since angle FEG is an inscribed angle and the arc it cuts off is arc FG, then the measure of the inscribed angle is half the measure of the arc it cuts off...so angle FEG is 28 degrees. Keep that in mind; we'll need it in a sec.

If HE is tangent to the circle at E, then angle HEG is a 90 degree angle. Adding that to angle FEG will give you angle FEH. Angle FEH = 90 + 28 = 118

attachment below or above

Answers

Answer:

840

Step-by-step explanation:

600×140% =840 hope this helps

To find the amount of grizzly bears there were in 1975, we are going to find 140% of 600 grizzly bears then subtract it from 600. The answer we get will be the amount present in 1975.

600 × 140/ 100 = 840 grizzly bears

840 - 600 = 240 grizzly bears

Please answer thanks! Brainliest

Answers

Step-by-step explanation:

The last two answers is correct

Answer:

4

Step-by-step explanation:

The answer to T - H is negative

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