1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Triss [41]
2 years ago
15

determine the net income of a company for which the following information is available for the month of july. employee salaries

expense$ 197,000 interest expense27,000 rent expense37,000 consulting revenue468,000 multiple choice $207,000. $261,000. $281,000. $468,000. $729,000.
Business
1 answer:
Sonja [21]2 years ago
3 0

The net income of  the company is $207,000

What is the net income of the company?

The net income of the company is the consulting revenue minus the salaries expense, the interest expense as well as the rent expense for the month of July.

The net income=consulting revenue-rent expense-interest expense-salaries expense

consulting revenue=468,000

salaries expense=197,000

rent expense=37,000

interest expense=27,000

net income=468,000-197,000-37,000-27,000

net income=$207,000

Find out more about net income on:brainly.com/question/17281642

#SPJ1

You might be interested in
One of the most useful ways to break the glass ceiling in organizations is to _____. Select one: a. eliminate status-blind emplo
kobusy [5.1K]

(A) Eliminate status-blind employment practice.

What is a glass ceiling?

  • A glass ceiling is a metaphor used to represent an invisible barrier that prevents a given demographic from rising beyond a certain level in a hierarchy.
  • The metaphor was first coined by feminists in reference to barriers in the careers of high-achieving women.
  • In the United States, the term is sometimes extended to include barriers to minority women's and minority men's advancement.
  • Minority women in white-majority countries frequently face the greatest challenges in "breaking the glass ceiling," because they are at the convergence of two historically marginalized groups: women and people of color.
  • The phrase "bamboo ceiling" was coined by East Asian and East Asian American news outlets to describe the barriers that all East Asian Americans encounter in furthering their careers.

After reading all the questions option (A) is the most useful way to break the glass ceiling.

Therefore, the correct option is (A) Eliminate status-blind employment practice.

Know more about organizations here:

brainly.com/question/19334871

#SPJ4

3 0
2 years ago
The accounts used by a business can be kept on pages or cards, which are kept together in a book or file called a(n) ___________
mel-nik [20]
The accounts used by a business can be kept on pages or cards, which are kept together in a book or file called .. Ledger.
8 0
3 years ago
_____ helps us understand the different ways that children think differently from adults.
ASHA 777 [7]

Answer:

lets

Explanation:

that the messing

part

8 0
1 year ago
Read 2 more answers
Being a convicted felon...
zloy xaker [14]

Answer:

B.stays with you for life.

6 0
1 year ago
Your firm has sales of $47,000, current assets of $5,100, current liabilities of $6,200, net fixed assets of $51,500, and a prof
Llana [10]

Answer:

$1,013.50

Explanation:

Projected assets = (Current assets + Fixed assets) * 1.10

Projected assets = ($5,100 + $51,500) * 1.07

Projected assets = $60,562

Projected liabilities = Current liabilities  * 1.07 = $6,200 * 1.07 = $6,634

Current equity = Current assets + Fixed assets - Current liabilities = $5,100 +  $51,500 - $6,200 = $50,400

Projected increase in retained earnings = Sales * 5% * 1.07 = $47,000 * 5% * 1.07 = $2,514.50

Equity funding need = Projected assets  - Projected liabilities  -  Current equity - Projected increase in retained earnings

Equity funding need = $60,562 - $6,634 - $50,400 - 2,514.50

Equity funding need = $1,013.50

So therefore, the equity funding need is $1,013.50

6 0
3 years ago
Other questions:
  • How does the internet help consumers make well-informed decisions?
    13·2 answers
  • The practice of preparing budgets for each of several future periods and revising those budgets as each period is completed, add
    6·1 answer
  • Which of these are characteristics of successful entrepreneurs?(select four answers)
    6·1 answer
  • Gambrinus is a large company that owns and operates the breweries that produce Moosehead Lager, Bridgeport Ale, Pete's Wicked Al
    13·1 answer
  • NOVA Chemicals is a plastics and chemical company whose products are used in a wide variety of applications, including food and
    10·1 answer
  • Which of the following financial statements must special-purpose governments include in their financial statements if the specia
    5·1 answer
  • Preferred stock is like a bond in that it Multiple choice question. legally obligates the issue to pay the holder or face bankru
    6·1 answer
  • An import restriction (tariff or quota) creates a net loss in welfare for the importing nation because:___________
    13·1 answer
  • Yuhhhhhh let’s get into it
    5·2 answers
  • Selma deposited a paycheck for $378.42. she’ll use the check register to record her transaction. What will be her new balance?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!