Answer:
net income $72,000
Explanation:
The computation of the amount that should be reported is shown below:
Revenue $600,000
less:
operating expense -$420,000
restructing costs -$100,000
interest expense -$20,000
Add: gain on sale of investments $30,000
EBIT $90,000
less income tax at 20% - $18,000
net income $72,000
Making small talk at a meeting is a bad idea because it wastes a tremendous amount of time. Correct answer: B It is critical to ensure that meetings are well-organized, planned, and beneficial to the participants. The less time spent in meetings, the more productive and revenue-generating employees can be. Making small talk will only decrease the effcient time for the meeting.
Answer: The correct answer is "There was a slowdown in productivity growth.".
Explanation: The reason behind the slow growth in U.S. incomes during the 1970s and 1980s is that <u>there was a slowdown in productivity growth.</u>
In the decade between 1970 and 1980 the United States went through various economic problems that caused a slowdown in productivity growth which inevitably caused income growth to be noticeably slower.
Even though there was a miscommunication in the sale, Jones did not know that the stone was a diamond before selling it and Smith can easily say he did not know it was either. If Jones had taken the stone and received other opinions on it, he may have gotten more money but because he sold the stone, there is nothing he can take action on Smith for.
