Under what basis are property tax accruals recognized in financial statements? (A) When tax assessment is received (B) End of calendar year only (C) When payment is made (D) Pro-rata over the fiscal tax year

What was the net income for the year?

The magnitude of operating leverage for Pioneer Enterprises is 3.8 when sales are $200,000. If sales increase to $220,000, profits would be expected to increase by what percent?

Cleopatra Manufacturing, which uses the high-low method of estimating costs, reported total costs of $28 per unit when production was at its lowest level, at 15,000 units. When production increased to its highest level, 27,000units, the total cost per unit dropped to $20. What would Crestview estimate as the variable cost per unit?

During2022, Denton Services earned revenues of $145,000, had expenses of $95,000, purchased assets with a cost of $20,000, and paid dividends of $10,000. What was the net income for the year?

Please explain the solution to this financial accounting problem with accurate principles.

General Accounting

General accounting

Please help me solve this general accounting question using the right accounting principles.