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SVEN [57.7K]
3 years ago
8

ABC Company has the following amounts in its multiple step income statement: revenues of $5,000; operating expenses of $4,000; a

nd income tax expense of $200. What is ABC Company's income from operations
Business
1 answer:
Nutka1998 [239]3 years ago
6 0

Answer:

$1000

Explanation:

Operating income is the income from the regular business operation before adjusting for taxes and interest. Operating income is similar to EBIT, which stands for earnings before interest and taxes.

For ABC company,  revenue is $ 5,000

Operating expense is $ 4,000

Income tax is $200

operating income

= $5000-$4000

=$1000

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Sound Company reported the following amounts for May, 2008: Direct materials purchased $254,000 Beginning raw materials inventor
Yakvenalex [24]

Answer:

$254,100

Explanation:

The computation of the  cost of direct materials used in production is shown below:

=  Direct materials purchased + Beginning raw materials inventory  - Ending raw materials inventory - Indirect materials requisitioned and used

= $254,000 + $12,000 - $7,900 - $4,000

= $254,100

Hence, all the other information is not considered. Therefore, ignored it

6 0
3 years ago
Carson Company purchased a depreciable asset for $560,000. The estimated salvage value is $28,000, and the estimated useful life
LenaWriter [7]

Answer:

$79,800

Explanation:

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I hope my answer helps you.

5 0
3 years ago
When the fed sells treasury bonds on the open market, it will tend to?
Ne4ueva [31]
Here is my answer. DECREASING THE MONEY SUPPLY AND RAISING THE INTEREST RATES is what happens when the Treasury Bonds are being sold by Fed on the open market. An open market is also the same with free market wherein there are only minimal restrictions. Hope this helps.
7 0
3 years ago
Despite your numerous emails and voicemail messages, a normally dependable vendor has not responded to your important question.
Bogdan [553]

Answer:

A) Consider sending a printed message.

Explanation:

According to the scenario, the most sensible step to get an important response from a supplier after the supplier has not responded would be to send a printed message.

This option would be ideal among the other alternatives above, as it demonstrates that you understand that the supplier may not have seen or been aware of your question, even if numerous e-mails have already been sent, and still awaits an answer , in accordance with professional and ethical communication standards.

8 0
3 years ago
How much should an airline charge students for a ticket if the price it charges the general public is $360?
Archy [21]
$300 
i made a guess.

hope it helped

6 0
3 years ago
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