1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Annette [7]
4 years ago
11

Sunny Corporation began the year with cash of $ 142 comma 000 and land that cost $ 47 comma 000. During the year Sunny earned se

rvice revenue of $ 285 comma 000 and had the following​ expenses: salaries, $ 185 comma 000​; ​rent, $ 81 comma 000​; and​ utilities, $ 25 comma 000. At​ year-end Sunny​'s cash balance was down to $ 79 comma 000. How much net income​ (or net​ loss) did Sunny experience for the​ year?
Business
1 answer:
Dmitry [639]4 years ago
6 0

Answer:

How much net income​ (or net​ loss) did Sunny experience for the​ year?

Net loss 6000

Explanation:

Cash 142.000

Land 47.000

 

Revenue    285.000

Salaries          185.000

Rent            81.000

Utilities            25.000

Net loss     -6.000

You might be interested in
Companies having the greatest impact on the computation of the Dow Jones Averages and the Standard & Poor's Indexes have the
Softa [21]

Answer:

This question is incomplete, the options are missing. The options are the following:

a) Highest price; highest total market value

b) Highest total market value; highest price

c) Highest price; lowest liquidity

d) Greatest number of shares outstanding; highest price

And the correct answer is the option B: Highest total market value; highest price.

Explanation:

To begin with, both terms the Dow Jones Averages and the Standard & Poor's are indexes for the respective american stock market in where the better companies of the country are in the list so that why that mostly of them will obviously have the  highest total market value and its respectively highest price due to the fact that are the companies that produce more and work better than others and the public buy stocks from them and that makes them richer and richer.

3 0
3 years ago
our Grandfather wants to establish a scholarship in his father’s name at a local university and had stipulated that you will adm
inn [45]

Answer:

The correct answer is Option A. you will need to deposit $111,111 so that you can fund the scholarship forever, assuming that the account will earn 4.50% per annum every year.

Explanation:

Perpetuity is the cash flows to be receivable for an unspecified period of time. The present value of a perpetuity is calculated as the cash flows divided by the interest rate provided.  

Given data;

Amount needed to be deposited = $5000

Interest rate = 4.50%

Present Value of Perpetuity = Cash Flows ÷ Interest rate  

= $5000 ÷ 0.045

= $111,111

3 0
3 years ago
True or false. hospital bylaws define the process for documentation within a health record for all members of the workforce.
solong [7]
The statement is "True".

<span>Hospital medical staff by-laws are critical. Governing board of a hospital can by them confers on the staff the ability to set up a type of association by which that staff can give affirmation of quality clinic medicinal care.</span>

4 0
3 years ago
. Consider an economy that produces only chocolate bars. In year 1, the quantity produced is 4 bars and the price is $4. In year
NikAS [45]

Answer:

Nominal GDP in year 1 = $16

Nominal GDP in year 2 = $25

Nominal GDP in year 3  = $36

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Net export = exports – imports

Nominal GDP is GDP calculated using current year prices

Nominal GDP in year 1 = 4 x $4 = $16

Nominal GDP in year 2 = 5 x $5 = $25

Nominal GDP in year 3 = 6 x $6 = $36

5 0
3 years ago
when firms manage the return of goods from consumers either because they are defective or for recycling purposes, they are invol
Vladimir [108]

Reverse logistics is the process by which businesses handle the return of consumer items for recycling or because they are defective.

Supply chain management that sends goods back from buyers to sellers or producers is known as reverse logistics. Reverse logistics are needed for procedures like returns or recycling after a customer receives a product. Reverse logistics begin at the customer and work their way backward through the supply chain to the producer or the distributor. Reverse logistics can also refer to procedures where the customer is in charge of the product's final disposal, such as recycling, refurbishing, or resale.

To learn more about Reverse Logistics here

brainly.com/question/15888400

#SPJ4

6 0
2 years ago
Other questions:
  • The Coffee Express has computed its fixed costs to be $.48for every cup of coffee it sells given annual sales of 145,000 cups. T
    14·1 answer
  • For a certain good, when price rises from $50 to $55, quantity demanded falls from 8,400 to 7,500. The price elasticity of deman
    11·1 answer
  • Jan Holliday Dance Studios is a chain of 45 wholly owned dance studios that offer private lessons in ballroom dancing. The studi
    8·1 answer
  • 8.A company requires 100 pounds of plastic to meet the production needs of a small toy. It currently has 10 pounds of plastic in
    7·1 answer
  • Why might individuals want to participate in the financial market?
    5·1 answer
  • The following information was taken from the financial statements of Fox Resources for December 31 of the current fiscal year: C
    10·1 answer
  • Which of the following types of venue is favored by small-business retailers?
    12·1 answer
  • Jane is a roofing contractor. Jane's friend needed a new roof but did not have the cash to pay. Jane's friend instead paid with
    11·1 answer
  • ayton Inc. reports in its Year 7 annual report, sales of $7,362 million and cost of goods sold of $2,945 million. For next year,
    8·1 answer
  • Product recall is an example of: Select one: a. prevention costs b. appraisal costs c. internal failure costs d. external failur
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!