The Monarchs Corporation has net income of $175,000.00, interest payable of $5,000.00, interest expense of $3,000.00, and average total assets of $75,000.00. Calculate the rate of return on total assets.

Which career pathaway features jobs that are focused on conservation? A-power, structural, technical systems B-Agribusiness C-Food Products D-Natural Resource Systems

A new public works project requires 20,000 hours of labor to complete. a. Suppose the labor market is perfectly competitive and the market wage is $15. What is the opportunity cost of the labor employed? b.

A company borrows cash from a local bank. The company records this transaction with a: Multiple Choice a. Debit to Accounts b. Receivable Debit to Cash c. Credit to Accounts Payable d. Credit to Retained Earnings

What is a Classified statement

Jc manufacturing purchased inventory for $5,300 and paid a $260 freight bill. jc manufacturing returned 45% of the goods to the seller and later took a 2% purchase discount.

In the current year, Mitchell Manufacturing expected Job No. 13 to cost $600,000 of overhead, $650,000 of materials, and $400,000 of labor. Mitchell applied overhead based on direct labor cost.

Cullumber Company has issued three different bonds during 2019. Interest is payable annually on each of these bonds. 1. On January 1, 2019, 1,000, 6%, 5-year, $1,000 bonds dated January 1, 2019, were issued at face value. 2.

All of the following are true regarding deferred revenues except: They are payments received in advance of services performed. The adjusting entry for deferred revenues increases assets and increases revenues.

Exercise 16-05 a-b (Video) In Waterway Company, materials are entered at the beginning of each process.

Who provides on-the-spot short term loans for up to 50 percent of an item's estimated value? Choose one answer. a. pawnbroker b. credit card c. ATM d. payday loan