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

Please use the following image for the next 7 questions. Keep in mind that because XY is tangent to circle M, XM and XM form a right angle.
XM = 11 and YM = 36.

What is the area of circle M?
What is the circumference of circle M?
Find the length of XY .
Find the measure of angle M.
Find the area of triangle XYM.
Find the area of the minor sector that has been created as part of triangle XYM.
Find the arc length of the minor arc from point X to the point where YM intersects with the circle.

Answers

Step-by-step explanation:

• the area of circle M = 3.14×11² = 379.94

• the circumference of circle M =

2×3.14×11 = 69.08

• XY =√36²-11²=√1296-121=√1175=34.28

L M = cos~¹ 11/36 = cos~¹0.3055 = 72.21°

the area of triangle XY = ½×11×34.28

= 188.54

• the area of minor sector

= 72.21/360 × 379.94 = 76.20

• the minor arc from point X to

the point where YM intersects

withthe circle

= 72.21/360 × 69.08 = 13.86

need help again still struggling

Answers

Answer:

0.111111...

Step-by-step explanation:

Hi,

this function is stating that for any x the f is 9(3)^x.

SO if x was -4 it would be 9(3)^-4

Following order of operations we calculate the exponent first.

the answer is 0.1111111...

For tran appreciate it

Answers

The trip odometer reading will be between 378.3 km and 378.4 km. Nominally, it will read 378.3 km.

What are the coordinates of the point on the directed line segment from (- 3, - 9) to (4, 5) that partitions the segment into a ratio of 5 to 2?

Answers

Answer:

(2,1)

Step-by-step explanation:

the best way to figure it out is with a graph

(-3,-9) to (4,5)

for the x

-3 to 4 is exactly 7 points away so you should count 5 over and stop.

for the y

-9 to 5 is exactly 14 points away so you should count in twos and stop at 5 sets of 2

hope this helps <3

The question and multiple choice answers are in the image. Hope you can help!

Answers

Answer:

answer b, SAS rule

Step-by-step explanation:

The ASA rule states that: If two angles and the included side of one triangle are equal to two angles and included side of another triangle, then the triangles are congruent.

PLease help me :( You will get 20 pionts! And i will mark Brainliest!
picture is also included
Question:
Which term describes how the two sides of this figure are related ?

A. Induction
B. Symmetry
C. Scientific method
D. Deduction

Answers

Answer:

B. Symmetry

Step-by-step explanation:

They are symmetrical, meaning they are mirrored or both look the same.

Hope this helps! :)


A glass is 1/3 full then 40cm3 of orange juice is poured in the glass is now 5/7 full what is the total volume of the glass

Answers

Answer:

1/3 x + 40 = 5/7 x

7x +(21)(40) = 15x

21*40 = 8x

x = 105cm3

Step-by-step explanation:

Which is an equation of a direct proportion? CLEAR CHECK y=8x y=12x+4 y=12x y=4x−4

Answers

Answer:

[tex]y=8x, \\y=12x[/tex]

Step-by-step explanation:

Proportional functions can be written as [tex]y=kx[/tex], where [tex]k[/tex] is some constant of proportional. Since directly proportional functions always pass through the origin, the y-intercept must be 0 (no additional number before or after [tex]x[/tex] term). The only answers that fit this format are:

[tex]\rightarrow \boxed{y=8x}\\\rightarrow \boxed{y=12x}[/tex]

Answer: Y=8x

Step-by-step explanation:

Math help please help thanks

Answers

Answer:

62

Step-by-step explanation:

Draw a line from the bottom of the 4 foot line straight across (horizontally) until it hits the vertical line on your left.

The two lines (the one you drew and the left vertical line) meet at right angles.

The upper figure is a rectangle.

Area = L * W

L = 5

W = 4

Area = 5 * 4

Area = 20

Now the bottom rectangle can be found the same way.

Area = L * W

L = 14

W = 3

Area = 14 * 3

Area = 42

The total area = 42 + 20

Total area = 62.

The comment was correct.

the dishes have been cleaned by us into active voice​

Answers

Answer:

the dishes sparkled after we washed them.

Step-by-step explanation:

The dishes are clean once you wash them duh

Pls help I’ll give crown

Answers

Answer:

C) (0,5)and(-4,5)

Step-by-step explanation:

What’s the answer for this


155/18 x 2

Answers

Step-by-step explanation:

[tex] \tt{} \frac{155}{18} \times 2[/tex]

[tex]\tt{} \frac{155}{9} [/tex]

[tex]\tt{}17 \frac{2}{9} \\ \\ \\ [/tex]

can someone help please??

Answers

Answer:

The scores in order from least likely to most likely is 8, 3, 4, and 5.

Step-by-step explanation:

1. Calculate the probability of the spinner adding up to 1, 2, 3, 4, .... 8

You will get:

2 (1/16)

3 (2/16)

4 (3/16)

5 (4/16)

6 (3/16)

7 (2/16)

8 (1/16)

2. Given the scores from the problem, the probability of each number is 3 (2/16), 4 (3/16), 5 (4/16), and 8 (1/16).

3. With this, we can determine the scores in order from least likely to most likely is 8, 3, 4, and 5.

PLEASE GIVE ME THE PERCENTAGES FOR THIS CHART!

BRAINLIEST REWARD!!

Answers

Answer:

Sleeping - 30.2%

School - 17.6%

Homework - 0%

EC - 6.73%

Computer - 13.45%

Phone - 0%

Television - 1.68%

Excercise - 6.73%

Family time - 20.18%

Other - 3.36%

Step-by-step explanation:

hope this helps :)

Can U pls help with this number in the sequence​

Answers

Answer:

First one:

1², 2², 3² and so on (Square of 1,2,3,4,5,6,7.....)

Second one:

2, 13, 26, 41...

add 11, add 13, add 15 (add increasing odd numbers, beginning from 11)

Third one:

4, 14, 29, 49

+10, +15, +20 and so on (add the multiple of 5,beginning from 10)

Fourth one:

1, 8, 27, 64

1³, 2³, 3³, 4³ and so on(cube of 1,2,3,4,5,6,7.....)

Brainliest please

Jacob wants to enlarge a 4 in. By 6 in. Photo so that the longer side will be 14 in. How long will the shorter side be? (MUST SHOW WORK) HINT: Refer to your notes on Scale Drawings.

Answers

Answer: 9.3 in.

Step-by-step explanation:

Jacob wants to enlarge the larger side of the photo which is the 6 in. part, to becomes 14 in.

This means that Jacob wants to increase the larger side by a scale factor of:

= Length of enlarged picture / Length of original

= 14 / 6

= 2.33

2.33 is therefore the scale factor.

The shorter side will also increase by this same scale factor:

= 4 * 2.33

= 9.3 in.

How do I this math problem? If tan8 theta = cot 7 theta then theta =?

Answers

Given:

[tex]\tan 8\theta =\cot 7\theta[/tex]

To find:

The value of [tex]\theta[/tex].

Solution:

We have,

[tex]\tan 8\theta =\cot 7\theta[/tex]

We know that, [tex]\cot \theta =\tan (90^\circ -\theta)[/tex].

Using the trigonometric property, we get

[tex]\tan 8\theta =\tan (90^\circ -7\theta)[/tex]

On comparing both sides, we get

[tex]8\theta =90^\circ -7\theta[/tex]

[tex]8\theta +7\theta=90^\circ [/tex]

[tex]15\theta=90^\circ [/tex]

Divide both sides by 15.

[tex]\theta=\dfrac{90^\circ}{15}[/tex]

[tex]\theta=6^\circ[/tex]

Therefore, the value of [tex]\theta[/tex] is 6 degrees.

The rectangle below has an area of x2 - 16 square meters and a width of x + 4 meters.
What expression represents the length of the rectangle?
x +4
Length
x2 - 16
Length
meters

Answers

Answer:

Length = x - 4 meters

Step-by-step explanation:

Area of a rectangle = length × width

Area of a rectangle = x² - 16

width of the rectangle = x + 4 meters.

Length of the rectangle = ?

Recall:

Difference of two perfect square x² - 16 = (x + 4)(x - 4)

Area of a rectangle = length × width

(x + 4)(x - 4) = length * x + 4

Length = (x + 4)(x - 4) ÷ x + 4

Length = x - 4 meters

Bruce and Krista are going to buy a new furniture set for their living room. They want to buy a couch, a coffee table, and a recliner. They have narrowed it down so that they are choosing between 4 couches, 5 coffee tables, and 9 recliners. How many different combinations are possible?

Answers

Answer:

180

Step-by-step explanation:

to work out all possibilities you multiple the amount of options.

4x5x9=180

Choose the function whose graph is given by:
+1
2
x
+-1
- -2
-4
O
A. y= 4sin(x+1) - 2
B.y= 6sin(x+1) - 2
c. y= 4cos(x- 1) +2
D. y= 4sin(x-1) - 2

Answers

Your answer would be y=4sin(x+1)-2. That would be A.

The required function is y = 3 sin (x -2) + 1.

What is Function?

A relation between a collection of inputs and outputs is known as a function.

A mathematical phrase, rule, or legislation that establishes the link between an independent variable and a dependant variable (the dependent variable).

From the graph that is provided to us we observe that,

when x=2

then f(x)=1

Here, from the function y = 3 sin (x -2) + 1

So, when x=2

we get: y=1

Also,  all the other points are satisfied.

Learn more about Function here:

https://brainly.com/question/12801690

#SPJ7

Simon makes 30 cakes.
He gives 1/5 of the cakes to sali.
He gives 10% of the cakes to Jane.
What fraction of the 30 cakes does he have left?

Answers

Answer:

1/5 of 30 = 6 hes left with 24

10% of 24 = 2.4 hes left with 21.6

he has 21.6/30 left

Multiply number of cakes by 1/5 and 10%

Sali = 30 x 1/5 = 20/5 = 6 cakes

Jane = 30 x 10% = 30 x 0.10 = 3 cakes

Total he kept = 30-6-3 = 21 cakes left

Helpppp i need this quick im taking a timed test!!!

Answers

Answer: c

Step-by-step explanation:

Answer:c

Step-by-step explanation: it makes the most sense

Simplify the expression:
5(4x - 2)
i need help

Answers

Step-by-step explanation:

5(4× - 2)

5x4=20

5×2=10

Answer = 20x - 10

Answer:

20x-10

Step-by-step explanation:

Simply multiply.

5 × 4X = 20X

5× -2 = -10

Combine both

20X - 10

in the diagram below P(x:y)is a point in the third quadrant. ROP=B and 17 cos B is equal to -15 calculate the values of x and y and r ​

Answers

you showed no diagram or any picture / screenshot

HURRRRRYYYYY!!! This Stem-and-Leaf Plot shows the number of students in each of the cooking classes held at the local recreation center last week. What are the values of the following statistics? NO LINKKKKKKKKKKKSSSSS!!!! WILL GIVE BRAINLIEST!


Range =

Median =

Mode =

Answers

Answer:

4 im correct I don't care i used my brain and guessed

Step-by-step explanation:

Answer:

the  range is 16 mode is 5 and median is 11

Step-by-step explanation:

u can cheat if u exit out of  the assignment and then keep trying

What’s is the answer for
5x + 15=

Answers

What is x equivalent to?

i think it’s 5(x+3)

David takes out a 20year 70,000 loan from his bank 2010. The quadratic equation that approximates the year/loan balance relationship is y = - 98x ^ 2 - 1, 531x + 69, 71 , where x is the number of years and y is the balance In what year, will his loan balance be $37,2347

Answers

Answer:

2022

Step-by-step explanation:

The duration of the loan David takes = 20 year loan

The amount David takes as loan = 70,000

The year David takes the loan = 2010

The year/loan balance relationship is y = -98·x² - 1,531·x + 69,710 (We note that the proper constant for the loan balance should be approximately 70,000, therefore the added zero)

Where;

x = The number of yeas

y = The balance

The year his loan balance will be $37,234.7, is given as follows;

37,234.7 = -98·x² - 1,531·x + 69,710

-98·x² - 1,531·x + 69,710 - 37,234.7 = 0

-98·x² - 1,531·x + 32,475.3 = 0

Factorizing with a graphic calculator, gives;

-98·(x - 11.998)·(x + 27.62) = 0

∴ x = 11.998 ≈ 12 or -27.62

The number of years it takes for the loan balance to be $37,234.7 = 12 years

Given that he took the loan in 2010, the loan balance will be $37,234.7 in 2010 + 12 = 2022

The value of a boat is depreciating at a rate of 9% per year. In 2006,
the boat was worth $17,800. Find the worth of the boat in 2013.
Write an exponential decay function for this situation. Graph the
function and state its domain and range. What does the y-intercept
represent in the context of the problem?

Answers

Answer:

Hello yes indeed I am here now vote me brainliest.

Step-by-step explanation:

Why you ask? well first I want it even though I did not do anything to help him/her even though, it is funny. :)

Evaluate b^2 c^-1 for b = 8 and c = -4.

A. -16
B. 1/16
C. 16
D. 256

Answers

Answer:

-16

Step-by-step explanation:

b^2 c^-1

We know that c^-1 can also we written as 1/ c

b^2 / c

Let b =8 and c = -4

8^2 / (-4)

64 / -4

-16

Solve for x. Enter the solutions from least to greatest. Round to two decimal places. (x+7)^2 - 11 = 0

Answers


There is x+7 in the match

Answer:

lesser x = -10.32

greater x = -3.68

Step-by-step explanation:

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