The company incurs net operating loss of -$15,000 having reported gross margin initially.
<h3>What is net operating income?</h3>
Net operating income is the sum total of a company's profit after subtracting its regular, recurring costs and expenses.
Net Operating income or loss is computed as :
= Total Revenue - Cost of Goods Sold - Operating Expenses
= $100,000 - $70,000 - $45,000
= -$15,000
Therefore, the net operating loss for the company is -$15,000
Learn more about net operating income here : brainly.com/question/25895372
Answer:
110
Explanation:
The computation of the price index is presented below:
= (Cost of purchase those identical goods in 2015) ÷ (Cost to purchase the items in 2014) × 100
= ($11,000) ÷ ($10,000) × 100
= ($11,000) ÷ ($10,000) × 100
= 110
We simply applied the above formula so that the price index could come by considering the cost of 2014 and cost of 2015
Answer:
Has its profits taxed as personal income
Explanation:
Sole proprietorship: The sole proprietorship is the person who is the single owner of a company. He is personally liable for all the acts which are held in the company. In this, there is no separate entity between the company and its members.
Moreover, during filling the return, the owner has to file a tax based on the profits on its personal income
Its owner choice to continue the business for longer period or for a shorter period. So, it does not has unlimited life, neither it have limited financial liability nor it involves significant legal costs during the formation process.
So, a sole proprietorship has its profits taxed as personal income.
Answer: a)$18,000 and b)$200,000
Explanation:
a) Deposit = $20,000
Reserve=10%
=10%x20,000 =$2,000
Loan - Deposit = 20,000-2,000 = 18,000
b) 1/Req. Rate Return* loan amount
20,000/10% =$200,000
This encourages spending so there is a shift up and to the right.
As the government increases spending, demand for loans increases and therefore increases the interest rates.
I welcome Brainliest thanks.
Answer:
Kindly check attached picture for drawing of Anna demand curve
