Answer:
Option B
Explanation:
Both Nadia and Samantha have insured their cars and willing to pay $100 over the expected loss for insurance. If the car is stolen the company would pay expected loss and would earn nothing and if the car is not stolen the company would not be liable for any loss and would earn $200, Therefore the company would earn between $0 and $200.
 
        
             
        
        
        
Answer and Explanation:
The preparation of the income statement is presented below:
<u>Particulars        Amount </u>
Revenue           $160,000
Less:
Rental Costs       $30,000
Variable Costs     $50,000
Depreciation       $10,000
Profit before tax $70,000
Tax at 35%     -$24,500
Net Income     $45,500
Hence, the net income is $45,500
 
        
             
        
        
        
<span>anonymous 2 years ago</span><span>A company launched four new products. The market price, in dollars, of the four products after different number of years is shown below:
The price of which product will eventually exceed all others?</span>
        
                    
             
        
        
        
Answer:
Anthropologist - researches and analyzes historical human characteristics 
Agricultural Technician - gathers and test materials from plants and animals 
Archivist - organizes, maintains and protects documents and records 
Statistician - analyzes and explains numerical information