Answer:
Revenue (Consulting revenue + Rental revenue)=33000+22000=55000.
Operating expense (salaries expense+rent expense)=20000+12000=32000
Selling and administrative expense = 8000
Explanation:
Armani Company
Year end Income statement 2019
Revenue = 55000
less: Operating expense =(<u>32000</u>)
Gross Profit 23000
less :Selling and administrative expense = (<u>8000</u>)
Net profit 15000
Notes: Question should be mentioned the company nature of business so that we can identify company real business.
Answer:
By using credit, you're building up your overall score. Cash purchases go unnoticed by companies and your bank.
Explanation:
Answer:
$21,000
Explanation:
Given;
net change in cash = $50,000
net cash provided by investing = $5,000
net cash provided financing activities = $14,000
net change in cash = net cash provided by operating + net cash provided by investing + net cash provided financing activities
50000 = net cash provided by operating + 5000 + 14000
net cash provided by operating = 50000 - 5000 - 14000
= 21000
net cash provided by operating is $21,000
Answer:
A , C, D
Explanation:
Answers:
A: Try to convince the coach to give them more money
C: Quit the Team
D: Attend fewer practices
sold 500 tickets therefore it is not economically efficient
