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Ugo [173]
3 years ago
7

During the​ year, EcoWash Corporation has $ 310 comma 000 in​ revenues, $ 95 comma 000 in​ expenses, and $ 6 comma 000 in divide

nd declarations and payments. Net income for the year​ was:
Business
1 answer:
fiasKO [112]3 years ago
8 0

Answer:

$215,000

Explanation:

Given that,

EcoWash Corporation has:

Revenues = $310,000

Expenses = $95,000

dividend declarations and payments = $6,000

Hence, the net income is determined by subtracting expenses from the revenues.

Net income:

= Revenues - Expenses

= $310,000 - $95,000

= $215,000

Therefore, the EcoWash Corporation has a net income of $215,000 for the year.

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Alex Timbers, a wood supplier, receives an order of 10 wooden logs from a furniture manufacturing company. The client brief ment
tester [92]

Answer:

<em>Inaccurate</em>

Explanation:

<em>The information that was given to Alex Timbers who was a wood supplier that furniture manufacturing company requires teak wood, this information was </em><u><em>inaccurate</em></u><em>.</em>

Because we can see in the scenario which is mentioned in the question that the quality specialist of that furniture manufacturer company observes that the logs that was sent by Alex Timbers are very big, as the company itself ordered for teak wood, and we know that teak wood is very big. So, we can say that information provided by the company was inaccurate.

4 0
3 years ago
Today, it is stressed even more that companies go beyond just making a profit and take into consideration the environment and ph
Westkost [7]
Corporate social responsibility
3 0
2 years ago
Select the correct answer from each drop-down menu.
LUCKY_DIMON [66]

Answer:

1. Technical improvements cause production costs to decline, which causes supply to increase and prices to decrease.

2. Decreased unemployment causes consumer incomes to increase which causes demand to increase and hence price to increase.

Explanation:

Demand refers to a consumer's desire to purchase a particular good or service at a given time for a specific price. Supply on the other hand, is the willingness of a producer to produce a particular good or service at a given time for specific price.

1. Production cost is a factor that influences supply. For example, cost of labor or raw material cost. When production costs fall, more products can be produced at a lesser cost. Hence'

  1. The supply curve shifts right from S1 to S2.
  2. This causes quantity supplied to increase from QS1 to QS2
  3. And price to fall from P2 to P1. Please refer Diagram 1 in attachment.

2. When unemployment decreases, it means that more people are working in the economy and hence their incomes are also higher. This means there is a higher purchasing power and also higher demand for products. Hence,

  1. The demand curve shifts from D1 to D2.
  2. This causes quantity demanded to increase from QD1 to QD2
  3. And price to increase from P1 to P2.  Please refer Diagram 2 in attachment.

7 0
3 years ago
Suppose a bond has a $1,000 face value, a market price of $1,045.00, and pays a coupon of $80 annually. What is the bond's coupo
Lunna [17]

Answer:

8%

Explanation:

The Coupon rate can be defined as the rate of interest that is paid by issuers of bond on the face value of the bond. This is the periodic interest rate that is paid by bond issuers to their purchasers.

For this question

The face value of the bond is 1000 dollars

The coupon is 80 dollars

Such that We have

80/1000

= 0.08

This is 8% coupon rate.

4 0
3 years ago
It is not possible for abandonment options to decrease a project's risk as measured by the project's coefficient of variation.
Tatiana [17]

This is false abandonment options should decrease a project's risk.

4 0
3 years ago
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