1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zheka24 [161]
3 years ago
14

Calculate the net income for jupiter inc. whose total revenue is $1,000,000, and total expenses, inclusive of taxes, is $500,000

.
Business
1 answer:
ikadub [295]3 years ago
7 0
Net income is also called net profit. Its formula is: Net income= Total Revenue-Total expensesTotal revenue: 1,000,000Total expenses and taxes: 500,000Net income= 1,000,000-500,000Net income= $500,000
You might be interested in
The Constitution sets forth specific powers that can be exercised by the national government and provides that the national gove
jasenka [17]

Answer:

All other powers are reserved by the states under the tenth amendment. So in the USA, national government according to the constitution has the specific powers that it can use to deliver best to the people. These powers are delegated to national government because they are elected by the people of USA and owe a duty of care to them by giving them powers to act in their best interest.

6 0
3 years ago
What happens to the price of a good or service when a shortage of that good or service occurs?
Pachacha [2.7K]

Answer:

If shortage of goods and services occurs, obviously, the price will touch the sky, i. e. the price will increase twice or thrice the Real price...

8 0
2 years ago
Suppose a marketing manager wants to review his/her firm's recent sales report to help determine the impact of a new marketing c
Rina8888 [55]
I'm almost positive it is b marketing intelligence... but don't quote me on it.
5 0
3 years ago
Hi I need help with this question. I don't know what I'm doing so I hope you can explain how to solve it. Thank you in advance.
lora16 [44]
Invest into 3D printing organs you will become a million trust me
3 0
2 years ago
During its first year of operations, Bramble Corp. had these transactions pertaining to its common stock. Jan. 10 Issued 25,200
crimeas [40]

Answer and Explanation:

The journal entries are shown below:

a.

On Jan 10

Cash Dr $100,800 (25200 shares × $4 )

              To Common Stock  $100,800

(Being the common stock is issued)

To record this, we debited the cash as it increased the assets and, at the same time, it also increased the total equity of the stockholder so common stock is credited

On July 1

Cash $357,000  (51,000 shares × $7)

     To Common stock $204,000  (51,000 shares × $4)

      To Additional Paid in capital in excess of par value - Common stock   $153,000  (51,000 shares × $3)

(Being the issuance of the common stock is recorded)

To record this, we debited the cash as it increased the assets and, at the same time, it also increased the total equity of the stockholder and the common stock is credited with the additional capital paid for common stock

b.

On Jan 10

Cash $100,800  (25,200 shares × $4)

     To Common stock $25,200  (25,200 shares × $1)

      To Additional Paid in capital in - Common stock   $75,600   (25,200 shares × $3)

(Being the issuance of the common stock is recorded)

To record this, we debited the cash as it increased the assets and, at the same time, it also increased the total equity of the stockholder and the common stock is credited with the additional capital paid for common stock

On July 1

Cash $357,000  (51,000 shares × $7)

     To Common stock $51,000  (51,000 shares × $1)

      To Additional Paid in capital in - Common stock   $306,000   (51,000 shares × $6)

(Being the issuance of the common stock is recorded)

To record this, we debited the cash as it increased the assets and, at the same time, it also increased the total equity of the stockholder and the common stock is credited with the additional capital paid for common stock

8 0
3 years ago
Other questions:
  • An employer establishes a physical exercise area in the workplace and encourages all employees to use it. This is an example of
    15·1 answer
  • What is required for a patent?
    9·1 answer
  • If you have a question regarding a compliance concern, or you suspect illegal or unethical documentation or business procedures
    11·1 answer
  • f an agent indulges in commingling, she _____. Select one: a. most likely will not be liable for loss to the principal b. violat
    15·1 answer
  • Refer to exhibit 4-5. if a free market were allowed in the transplanted kidney market, then the equilibrium price would be p2. t
    14·1 answer
  • An oligopolistic market structure is distinguished by several characteristics, one of which is either homogeneous or differentia
    9·1 answer
  • Which statement is true?
    7·1 answer
  • Companies typically start their international foray with ________, which involves working through independent intermediaries who
    10·1 answer
  • Shoprite's business productivity​
    14·1 answer
  • `927487658732478597349579-3489812o798-1265946582399749-82635-`221-976489-6128-`6-495465487561298576087
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!