The income statement illustrates that the net income will be $3530.
<h3>How to calculate the income statement?</h3>
The income statement will be:
<u>Revenue</u>
Consulting revenue 18350
<u>Expenses</u>
Miscellaneous expenses 720
Rent expense 4820
Salaries expense 8370
Telephone expenses 910
Total expenses 14820
Net income = 18350 - 14820 = 3530
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Remember that the vertex form of a parabola or quadratic equation is:
y=a(x-h)^2+k, where (h,k) is the "vertex" which is the maximum or minimum point of the parabola (and a is half the acceleration of the of the function, but that is maybe too much :P)
In this case we are given that the vertex is (1,1) so we have:
y=a(x-1)^2+1, and then we are told that there is a point (0,-3) so we can say:
-3=a(0-1)^2+1
-3=a+1
-4=a so our complete equation in vertex form is:
y=-4(x-1)^2+1
Now you wish to know where the x-intercepts are. x-intercepts are when the graph touches the x-axis, ie, when y=0 so
0=-4(x-1)^2+1 add 4(x-1)^2 to both sides
4(x-1)^2=1 divide both sides by 4
(x-1)^2=1/4 take the square root of both sides
x-1=±√(1/4) which is equal to
x-1=±1/2 add 1 to both sides
x=1±1/2
So x=0.5 and 1.5, thus the x-intercept points are:
(0.5, 0) and (1.5, 0) or if you like fractions:
(1/2, 0) and (3/2, 0) :P
Answer:
x=2
Step-by-step explanation:
Answer:
$14.80
Step-by-step explanation:
The price of Veronica's meal before tax and tip was $11.92. Veronica paid 8% tax, then added a 15% tip to the total
529.2 .......................................