Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 20. the books of the monmouth corporation show the

20. The books of the Monmouth Corporation show the following: Average earnings for 2018 2017...

80.2K

Verified Solution

Question

Accounting

image
20. The books of the Monmouth Corporation show the following: Average earnings for 2018 2017 2016 prior 3 years $70,000 $75,000 $78,000 Net tangible assets $40,000 $42,000 $50,000 If it is expected that 15% would be normal earning normal earnings on net tangible assets, then the average excess earnings are bous 7510 A. $7,120 B. $8,333 D. $10,800 30 C. $9,800

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Match each of these non conventional fossil fuels with their description below Tar sands Oil...

Biology
Q

16x 16x 3x x 9x 18 2 6x 13x 6

Algebra
Q

The decline in sheep and lamb numbers in the U.S. can be attributed to multiple reasons...

Biology
Q

7 What is Ray Bradbury s message about the dangers of a society that does...

Biology
Q

Inscribed angle What is the name of the angle pictured Interscribed angle Central angle Circumscribed...

Geometry
Q

Find the measure of angle b 1 b 46

Geometry
Q

Simplify the trigonometric expression csc x cotx sin x 9 I Need Help Submit Answer...

Basic Math
Q

The function has an inverse f(a) defined on the domain x < 5. Find the...

Basic Math
Q

The letters x and y represent rectangular coordinates Write the given equation using polar coordinates...

Algebra
Q

The formula S SA 6 gives the length of the side s of a cube...

Algebra
Q

To the seller, a cash discount is also considered a(n) a. sales discount b. purchase...

Accounting
Q

Hammond's Cookie Toppings makes payments on its inventory purchases as follows: 20% in the month...

Accounting