Answer:
A) $48,000
Explanation:
![$$$Gross Margin$$$- S&A expenses$$$Equals to Operative Income](https://tex.z-dn.net/?f=%24%24%24Gross%20Margin%24%24%24-%20S%26A%20expenses%24%24%24Equals%20to%20Operative%20Income)
Then:
![$$$Operative Income $$$- Interest Expense$$$Net Income](https://tex.z-dn.net/?f=%24%24%24Operative%20Income%20%24%24%24-%20Interest%20Expense%24%24%24Net%20Income)
Assuming there is no tax rate
![90,000 - 30,000 - 12,000 = 48,000](https://tex.z-dn.net/?f=90%2C000%20-%2030%2C000%20-%2012%2C000%20%3D%2048%2C000)
48,000 would be the net income
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Answer:
The correct answers are revenue; assets.
Explanation:
Just as you can use the vertical analysis applied to the Balance Sheet, you can also analyze the Income Statement, for which exactly the same procedure as for the balance sheet is followed, and the reference value will be sales, since it is due Determine how much a certain concept represents (Sales Cost, Operating Expenses, Non-Operating Expenses, Taxes, Net Profit, etc.) with respect to the total sales.
Answer:
1.2
Explanation:
Cross price elasticity of demand measures the responsiveness of quantity demanded of good D to changes in price of good C.
Cross price elasticity = percentage change in quantity demanded of good D / percentage change in price of good C = 60% / 50% = 1.2
I hope my answer helps you
Answer: a. sufficient incentives for innovation, as well as completely appropriate incentives for innovation
Explanation:
Some economists do not believe that providing intellectual property rights are enough to inspire or compensate for innovation and believe that even more rights should be given to inventors.
They also do not believe that patents are completely appropriate because they tend to expire eventually.