The preparation of Reading Readiness, Inc.'s multi-step Income Statement for the month ended January 31 is as follows:
Reading Readiness, Inc.
Income Statement
For the month ended January 31
Sales Revenue $175,500
Less:
Sales Returns 4,700
Sales Discounts 6,000
Net Sales $164,800
Cost of Goods Sold 67,700
Gross profit $97,100
Expenses:
Salaries and Wages $25,900
Depreciation Expense 13,800
Rent Expense 24,000
Operating expenses $63,700
Operating income $33,400
Interest Expense 1,600
Income before tax $31,800
Income tax expense 7,700
Net income $24,100
Data and Calculation:
Gross profit percentage = 59% ($97,100/$164,800 x 100)
Thus, the net income after deducting the income tax expense is $24,100.
Learn more: brainly.com/question/24257787
Answer:
On a coordinate plane, a curve starts in quadrant 3 and then increases into quadrant 1. It crosses the y-axis at (0, negative 2) and crosses the x-axis at (1.5, 0)
Step-by-step explanation:
The attached graph is an example of the square root function scaled and translated.
_____
No transformation of the square root curve will turn it into a parabola or into two curves.
Answer:
x = -7
Step-by-step explanation:
How many 3
wires can be cut from a spool of wire that is 100 inches long?
How many inches will be left over?
Number of pieces of wires = length of spool of wire ÷ length of each piece of wire.
Number of pieces = 100 ÷ 3 = 100 ÷ 
That gives 
Simplifying gives 
= 
This is equivalent to 26
pieces
So 26 pieces of wires can be cut from a spool and of a piece will be left over.
