subject
Business, 19.04.2021 15:50 anime1546

The following information is available from the accounting records of Manahan Co. for the year ended December 31, 2019: Net cash provided by financing activities $ 168,000 Dividends paid 27,000 Loss from discontinued operations, net of tax savings of $70,000 155,000 Income tax expense 39,000 Other selling expenses 20,000 Net sales 966,000 Advertising expense 67,000 Accounts receivable 186,000 Cost of goods sold 552,000 General and administrative expenses 214,000 Required: a. Calculate the operating income for Manahan Co. for the year ended December 31, 2019.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 16:50
Which of the following is the most important role of marketing in the process selection decision? identifying points of differentiation for mass customization. stimulating demand in developing markets. estimating and managing future demand. providing translation of the voice of the customer.
Answers: 2
question
Business, 21.06.2019 17:10
Titus manufacturing, inc. provided the following information for the year: purchases - direct materials $91,000 plant utilities and insurance 68,000 indirect materials 11,170 indirect labor 4270 direct materials used in production 99,000 direct labor 117,500 depreciation on factory plant & equipment 4000the inventory account balances as of january 1 are given below. direct materials $44,000 work-in-progress inventory 10,000 finished goods inventory 50,000what is the ending balance in the direct materials account? $135,000 $36,000 $110,170 $6000
Answers: 3
question
Business, 22.06.2019 11:20
Ardmore farm and seed has an inventory dilemma. they have been selling a brand of very popular insect spray for the past year. they have never really analyzed the costs incurred from ordering and holding the inventory and currently fave a large stock of the insecticide in the warehouse. they estimate that it costs $25 to place an order, and it costs $0.25 per gallon to hold the spray. the annual requirements total 80,000 gallons for a 365 day year.a. assuming that 10,000 gallons are ordered each time an order is placed, estimate the annual inventory costs.b. calculate the eoq.c. given the eoq calculated in part b., how many orders should be placed and what is the average inventory balance? d. if it takes seven days to receive an order from suppliers, at what inventory level should ardmore place another order?
Answers: 2
question
Business, 22.06.2019 23:10
How are credit unions similar to banks
Answers: 1
You know the right answer?
The following information is available from the accounting records of Manahan Co. for the year ended...
Questions
question
Health, 31.10.2020 22:00
question
Social Studies, 31.10.2020 22:00
question
English, 31.10.2020 22:00
question
Mathematics, 31.10.2020 22:00
Questions on the website: 13722360