Answer:
<u>Multiple-step income statement for the year ended 31, 2019</u>
Sales 6,144,850
<em>Less</em> Cost of Merchandise Sold (3,925,500)
Gross Profit 2,219,350
<em>Less</em> Operating Expenses :
Administrative Expenses (515,750)
Selling Expenses (732,500)
Office Supplies (19,150)
Store Supplies (92,700) (1,360,100)
Operating Income 859,250
Less Non- Operating Expenses :
Interest Expense (9,950) (9,950)
Net Income 849,300
Explanation:
Multiple-step income statement show separately Income derived from Primary Activities of the Entity (Operating) and those Income derived from the Secondary Activities of the Entity (Non-Operating).
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A large negative value in Xn can pose a problem for an economy over the longer term. Xn represents the net export value and is used in calculating a country's GDP value. A negative value in Xn means that the value of goods imported is greater than the value of goods exported.
The amount of the projected operating cash flow is $152,500
<h3>What is operating cash flow?</h3>
Operating Cash Flow (OCF) is what measure the amount of cash generated by a company's normal business operations in its day to day activities.
Operating Cash Flow (OCF) is computed below:
Projected sales 435,000
(-) Costs 254,000
(-) Depreciation 35,000
Operating income 146,000
Operating income 146,000
(+) Depreciation 35,000
(-) Taxes 28,500
Projected operating cash flow $152,500
Hence, Projected operating cash flow is $152,500
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Answer: just give what u know the business is small so it can’t manage
Explanation:
Cheaters in cartels make more profit when the other cartel members keep their promises. Thus, option D is correct.
<h3>What are Cartels? </h3>
A cartel is a group of separate companies or social groups that combine to fix prices on goods or services. Within the same sector, cartels compete and work to lessen that rivalry by setting prices in accordance with themselves.
A cartel is an entity with no ethics, which means it often includes cheaters who tend to earn more money than the ones who keep promises. Therefore, option A is the correct option.
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The question is incomplete, the options are:
A)more; break
B)less; keep
C)zero; break
D)more; keep