The net income is $32,961
<u>Explanation</u>:
To calculate the net income, we will classify the transaction into income and expenses, and compute the difference between their totals;
Income;
Merchandise inventory Sept. 1 = $ 7,740
Merchandise inventory Sept. 30 = $ 11,372
Sales = $ 50,575
Total = $ 69,687
Expenses;
Purchases = $ 33,114
Selling expenses = $ 677
Administrative expense = $ 665
Rent Revenue = $ 1,118
Interest expense = $ 1,152
Total = $ 36,726
Net income = Total income - Total expenses
= 69,687 - 36,716
= $ 32,961
The Maslow hierarchy of need helps marketers to create various marketing strategies because its already provides a way of evaluating the customers' motivations beyond what raw data will give.
<h3>What is the
Maslow hierarchy of need?</h3>
The psychological theory established the motivation theory that models the 5 categories of human needs that helps to dictate an individual's behaviour.
The needs of human according to the Maslow Hierarchy includes Self-actualization, Esteem need, love and belonging need, safety need and physiological needs.
Read more about Maslow hierarchy
<em>brainly.com/question/19040822</em>
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A tenant whose apartment has just been converted to cooperative ownership
