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aev [14]
3 years ago
5

Charlie's Chocolates' stockholders made investments of $90,000 and received dividends of $40,000. The company has revenues of $1

23,000 and expenses of $84,000. Calculate its net income.
Business
1 answer:
mrs_skeptik [129]3 years ago
7 0

Answer:

Net income                                                $79,000

Explanation:

The net income of the Charlie's Chocolates shall be determined using the below mentioned calculations:

Revenue=                                                   $123,000                                              

Less: Expenses=                                        ($84,000)

Add: Dividend income=                             $40,000

Net income=                                                $79,000

 

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mariarad [96]

Answer:

bottom-up

Explanation:

According to my research on different financial strategies, I can say that based on the information provided within the question Acloe Inc. is most likely to adopt the bottom-up budgeting approach. This approach focuses on attempting to determine costs of each department in an organization and then total up all of the departments. Which is what is being done in this situation.

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

4 0
3 years ago
An amortized loan: Multiple Choice requires the principal amount to be repaid in even increments over the life of the loan. may
babymother [125]

Answer:

The correct answer is: may have equal or increasing amounts applied to the principal from each loan payment.

Explanation:

Amortization can be defined as the process of spreading out the loan in monthly payments. An amortized loan has scheduled periodic payments for both interests as well as principal. If the payments for each period are equal it is called a fully amortized loan.

In amortized loans the interest is paid off first then the amount excess of interest reduces the principal. A common example of amortized loans is auto loans, home loans.

The payments for amortized loans can be equal or unequal for each period.

7 0
3 years ago
How are instrument families created?
Grace [21]
Musical instruments are grouped into families based on how they make sounds. In an orchestra, musicians sit together in these family groupings. But not every instrument fits neatly into a group. For example, the piano has strings that vibrate, and hammers that strike.

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5 0
3 years ago
With Dollar Shave Club, you can sign up online for a subscription of shaving and personal care products to be delivered to your
ch4aika [34]

In the case of Dollar Shave Club described above, the business uses the Direct Marketing Channel.

<h3>What is Direct Marketing Channel?</h3>

The direct marketing channel is used when advertising products outside of fixed retail outlets.

When people buy our products online in this day and age, direct marketing is used.

In place of an established offline marketing position, the online outlet now serves as a channel for selling to customers directly.

Direct marketing techniques include emails, online ads, flyers, database marketing, promotional letters, newspapers, outdoor advertising, phone text messaging, magazine ads, coupons, phone calls, postcards, websites, and catalog distribution.

Following are some of the main direct marketing channels: Face-to-face sales, direct mail, catalog marketing, telemarketing, TV, and other direct response media are among the other marketing methods. Kiosk marketing is another.

To know more about direct marketing channels refer to:  brainly.com/question/15331624

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6 0
2 years ago
What is the objective of financial reporting? Provide information that clearly portrays nonfinancial transactions. Provide infor
sladkih [1.3K]

Answer:

Provide information about the reporting entity that is useful to present and potential equity investors, lenders, and other creditors.

Explanation:

Financial reporting refers to the presentation and disclosure of financial information of an entity to the public, investors, lenders and other stakeholder.

Financial reporting is carried out by reporting financial statements (balance sheet, income statements), statement of cash flows and other relevant/necessary disclosures, notes as required by law or statute or which are essential for better comprehension of such financial information.

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8 0
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