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Anuta_ua [19.1K]
2 years ago
6

Net income increases when: Group of answer choices fixed costs increase. depreciation increases. the average tax rate increases.

revenue increases. dividends cease.
Business
1 answer:
worty [1.4K]2 years ago
5 0

Net income increases when "revenue" increases.

<h3>What is revenue?</h3>

The overall revenue generated by a business over a predetermined period of time. This can be done by-

  • The entire income generated by a specific source, such as a property with high predicted yearly returns.
  • The total income a financial investment generates.
  • The amount of revenue that a political entity, such as a country or state, collects and deposits into the treasury for use by the general public.
  • The simplest way to determine revenue is to multiply the total number of units sold by the selling price.
  • A company's earnings, or bottom line, will be lower than its sales because revenues do not take expenditures or expenses into account.

To know more about the financial investment, here

brainly.com/question/334960

#SPJ4

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Answer:

a. Logan's recognized gain is $38,600

b. Logan's recognized gain is $23,160

Explanation:

a. If the worth of the land for Jonathan is $183,350, then the gain recognized by Logan would be;

the lower of the realized gain between the amount realized of $231,600 - adjusted basis of $193,000 = $38,600

or the fair market worth of the received boot i.e $48,250.

Therefore, Logan's recognized gain is $38,600

b. Suppose Jonathan's land is worth, $208,440, then we can calculate Logan's recognized gain to be ;

the lower of the realized gain I.e amount realized of $231,600 - adjusted basis $193,00 = $38,600

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Donald, the owner of a popular restaurant, is a religious man, and he needs to make a decision on whether he will add beer and w
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After the events of 9/11, a friend suggests to you that the Central Intelligence Agency (CIA) and Federal Bureau of Investigatio
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Question 13 of 20 : Select the best answer for the question. 13. The document a caterer uses to stipulate the terms, conditions,
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On November 1, 2018, Cullumber Farm entered into a contract to buy a $162000 harvester from John Deere. The contract required Cu
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The journal entry to record the contract on November 1, 2018 includes: credit to Accounts Receivable for $162000

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Following the Accrual accounting - an accounting method that revenue or expenses are recorded when a transaction occurs rather than when payment is received or made. On November 1, 2018, Cullumber Farm had to pay $162,000 in advance to John Deere. John Deere recorded the cash receiving by the entry:

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