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Kazeer [188]
3 years ago
6

You have set a par value of 25 chicken cutlets. Your inventory says you have 10 on hand from last night. How many should you ord

er and receive from your supplier today?
Business
1 answer:
alina1380 [7]3 years ago
3 0
15? since you have 10 left on hand after last night's inventory check you should get 15 if you don't know the rate at which each are sold.
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Cookies by casey has sales of $487,000 with costs of $263,000. interest expense is $26,000 and depreciation is $42,000. the tax
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The net income of Cookies by casey is $123,240

What is net income?

The net income of the company is the excess of its sales revenue over all costs of the running the business, which includes, the costs of sale, interest expense, depreciation as well as the taxes payable to the government authority which is 21% of profits before tax in this case.

Profit before tax=sales-costs of sale-depreciation-interest expense

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costs of sale=$263,000

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interest expense=$26,000

profit before tax=$487,000-$263,000-$42,000-$26,000

profit before tax=$156,000

tax rate=21%

net income=profit before tax*(1-tax rate)

net income=$156,000*(1-21%)

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