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3 years ago

The adjusted trial balance of Norton Company contained the following information. Assume the tax rate is 25%:

Business

1 answer:

const2013 [10]3 years ago

6 0

Answer:

b. $65,000

Explanation:

Particulars Amount

Revenues

Service Revenue $390,000

Less: Sales Return and allowance $10,000

Less: Sales Discount $5,000

Net Sales Revenue $375,000

Less: Cost of Goods Sold $200,000

Gross Profit $175,000

Less: Operating Expenses $110,000

Operating Income $65,000

Thus, income from operation is $65,000

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2 years ago

Suppose the majority of students who are graduating in May from a large university have found jobs and signed employment contrac

Aleks [24]

Answer:

increase , reduce

Explanation:

Assumption: The given problem has been solved upon the assumption that students, who are in the process of entering employment, will lead to the possibility of increased spendings, since such students disposable income rises.

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Mathematically, Aggregate Demand is represented as follows:

AD = C + I + Net Exports + G

wherein,

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3 years ago

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avanturin [10]

Answer:

Correct answer:

A. inaccurately high estimates of the labor force.

Explanation:

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Answer:

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I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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3 years ago

A meeting agenda includes which of the following

satela [25.4K]

- a date ( day\month/year)

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please vote my answer branliest. Thanks!

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3 years ago