Maurice Tutor

(5)

$15/per page/Negotiable

About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 4 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 14 Aug 2017 My Price 11.00

Clever, Inc.,

Case 1

Clever, Inc., is a car manufacturer. Its 2011 income statement is as follows:

 

 

 

Sales revenue

$20,000

Less cost of goods  sold

   10,000

Gross margin

$10,000

Expenses

     8,000

Net income

 $ 2,000

 

Alexander, Inc., is a car rental agency based in Florida. Its 2011 income statement is as follows:

 

 

During 2011, both Clever, Inc., and Alexander, Inc., incurred a $1,000 fraud loss.

1.      How much additional revenue must each company generate to recover the losses from the fraud?

2.      Why are these amounts different?

3.      Which company will probably have to generate less revenue to recover the losses?

Answers

Maurice Tutor
(5)
Status NEW Posted 14 Aug 2017 10:08 PM My Price 11.00

Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------and----------- ac-----------qui-----------sit-----------ion----------- of----------- my----------- po-----------ste-----------d s-----------olu-----------tio-----------n.P-----------lea-----------se -----------pin-----------g m-----------e o-----------n c-----------hat----------- I -----------am -----------onl-----------ine----------- or----------- in-----------box----------- me----------- a -----------mes-----------sag-----------e I----------- wi-----------ll

Not Rated(0)