Answer:
47 months
Explanation:
This can be calculated using a financial calculator :
I = 18% / 12 = 1.50%
PV = -5000
PMT = 150
FV = 0
N = 47 months
The total value of goods and services produce annually within the boarders of a country
Answer:
Urgent Messenger Service
Income Statement
for the fiscal year ended November 30, 20Y1
$ $
Fees Earned 990,000
Supplies Expense <u>(7,150) </u>
Gross Income 982,850
Less: Operating Expenses
Depreciation Expense 12,200
Insurance Expense c 5,750
Miscellaneous Expense 6,650
Rent Expense 80,000
Salaries Expense 502,400
Utilities Expense <u>40,000</u>
<u>(647,000)</u>
Net Income <u>335,850</u>
Explanation:
Income statement shows the the income / loss of a business for the period. It measure the net value after deducting all the expenses from the all the incomes of the business.
Agreed because it’s just so smart, BAHHAHAHAHAH I NEED POINTS LOL
