The answer to this question is the term net income. A net income is the remaining money after deductions or expenses have been taken from the gross income. Net income is also known as net profit. Net income also states and calculates the total revenue that exceeds after all operational expenses and taxes been deducted.
Answer:A
Explanation:
Veracity : This simply means conformity with truth or facts. Since Bjorn felt that the focus group did not give him fact, he would hereby, adopt veracity to achieve his secondary research.
Answer:
Let's say that the value of the US dollar goes down due to inflation.
A startup business would have to pay more money to it's employees, spend more money on products, try and charge the same prices, and lose a lot of money. Essentially, more money would be going out than coming in.
Answer:
Explanation:
The preparation of the 2021 EPS presentation for the Esposito Import Company is shown below:
Income from continuing operations $7 million
Less: Loss from discontinued operations ($1.4 million)
Net income $5.6 million
Now the earning per share would be
Earning per share = (Net income) ÷ (Number of shares)
= ($5.6 million) ÷ (1 million shares)
= $5.6 per share
First, the quotation for each car model has to be obtained. The quotation must include the taxes including insurance.Then, a comparison is done taking into account the mileage and the maximum allotted budget for the other expenses which is $800.
