To prepare an income statement, you will need to generate a trial balance report, calculate your revenue, determine the cost of goods sold, calculate the gross margin, include operating expenses, calculate your income, include income taxes, calculate net income and lastly finalize your income statement with business details and the reporting period.
If you can't find the time to make one from scratch, there are templates that can be used to help.
gross margin : the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides.
net income : net earnings, is calculated as sales minus cost of goods sold, selling, general and administrative expenses, operating expenses, depreciation, interest, taxes, and other expenses.
Answer:
C. to create awareness, organize customer trials, and develop a market for the product
Explanation:
The introduction stage is the first one in the product life cycle. At this stage, the product has just been launched in the market. The sales growth rate is low as customers are not aware of the commodity. The business incurs losses by having the product in the market.
The marketing goal at this stage is to create awareness about this product. The business makes efforts to create demand through promotions and awareness creation. The stage is associated with heavy advertisements as the business tries to popularize and establish a market share for the product.
Answer:
A. can afford to take on additional risk; increases
Explanation:
Saying that Risk and Return go hand in hand, tells us that you <u>can afford to take additional risk </u> as the length of the investment horizon <u>increases</u>. Increasing the length of the investment horizon increases the ability to take on additional risk because in the long run the investment pays off while it may be choppy in the short time horizon.
Indeed, most economists would argue that the best interests of international businesses are served by a <u>free-trade stance</u>.
<h3>What is a free-trade stance?</h3>
A free-trade stance is a government policy that does not restrict imports and exports because there are no import tariffs or export subsidies.
A free-trade stance is also known as laissez-faire policy because under a free-trade policy, goods and services are exchanged across international borders with little or no government interventions in the forms of tariffs, quotas, subsidies, or prohibitions.
Trade protectionism, which creates economic isolationism, is the direct opposite of the concept of free trade.
Thus, indeed, most economists would argue that the best interests of international businesses are served by a <u>free-trade stance</u>.
Learn more about the free-trade stance at brainly.com/question/10608502
Answer:
$168,400
Explanation:
Benders Gym repurchased their common stock at the rate of $140,000
Benders Gym pays a regular dividend of $18,500 four times in a year
For a period of one year 1,200 shares was issued at the rate of $38 per share
Therefore, the amount of cash flow to the stockholders for the past one year can be calculated as follows
=[18,500×4]-[1,200×38-(140,000)]
= 74,000-[45,600-140,000]
= 74,000-[-94,000]
= 74,000+94,000
= $168,400
Hence the amount of cash flow to the stock holders for a period of one year is $168,400
