The net income of Cookies by casey is $123,240
What is net income?
The net income of the company is the excess of its sales revenue over all costs of the running the business, which includes, the costs of sale, interest expense, depreciation as well as the taxes payable to the government authority which is 21% of profits before tax in this case.
Profit before tax=sales-costs of sale-depreciation-interest expense
sales=$487,000
costs of sale=$263,000
depreciation=$42,000
interest expense=$26,000
profit before tax=$487,000-$263,000-$42,000-$26,000
profit before tax=$156,000
tax rate=21%
net income=profit before tax*(1-tax rate)
net income=$156,000*(1-21%)
net income=$123,240
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<span>The rate for the general population was 37.5 percent. This is for people who do not work to make their heart function at the optimal level and take other preventative actions to make sure that they can lower their risk of heart attack or other cardiac issues to a minimum.</span>
Answer:
$778460
Explanation:
Using the highlow method, we calculate the variable cost per unit,
- VC / unit = 855460 - 651960 / 730000 - 545000 = $1.1per unit
- The total fixed cost will be = 855460 - (1.1 * 730000) = $52460
The cost estimating equation will be,
- Total cost at x number of unit = 1.1x + 52460
The cost of manufacturing supplies for the month of July will be,
- Total cost (July) = 1.1(660000) + 52460 = $778460
<span>They have to use reasonable care to warn about hidden risk. These are the dangers that might not be totally foreseeable at a location, but still need to be brought to light in case they do take place. The business needs to make sure that the ordinary person, exercising the average level of judgment, would not do something that would lead to injury or damage in some way.</span>
Answer: Fill or kill order
Explanation:
A fill or kill order is used when an individual or firm wants to either buy or sell a stock and in such cases, the order must be done as quickly as possible in its entirety.
If the order isn't done immediately at the price that has been specified or a price that's more than the specified price, such order is cancelled. Also, for a fill or kill order, partial execution isn't applicable.
