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
melisa1 [442]
4 years ago
9

A company reports the following amounts at the end of the current year:

Business
1 answer:
snow_tiger [21]4 years ago
5 0

Answer:

The answer is $80,000

Explanation:

To start with, what is a permanent earning? - Permanent earnings are earnings that are still being generated from a company's continuing operations.

In this question, it is calculated as :

Sales revenue minus cost of sales minus selling expenses minus interest expense.

So we have:

$860,000 - $520,000 - $250,000 - $10,000

=$80,000

You might be interested in
What is the growth of the business of ben and jerry's ice cream
Butoxors [25]

Answer:

1978: With a $5 correspondence course in ice cream-making from Penn State and  a $12,000 investment ($4,000 of it borrowed), Ben and Jerry open their first  ice cream scoop shop in a renovated gas station in Burlington, Vermont.

1979: Ben and Jerry celebrate the shop's one-year anniversary – and the customers who made it possible – by holding the first-ever Free Cone Day: free scoops for all, all day long. The annual ice cream give-away continues today in scoop shops around the world.

1980: Ben and Jerry rent space in an old spool and bobbin mill on South Champlain Street in Burlington and begin packing their ice cream in pints. The reason? To distribute to grocery and Mom & Pop stores along the restaurant delivery routes Ben services out of the back of his old VW Squareback wagon.

1981: As the news of Ben & Jerry's spreads, more & more people want a lick. So the first franchised scoop shop opens in Shelburne, Vermont.

Ben & Jerry's ice cream is used to build "the world's largest ice cream sundae" in St. Albans, Vermont; the sundae weighs 27,102 pounds.

1984: Ben & Jerry's sets a precedent by discovering a little-known clause about stocks and brokering, then establishing a Vermont-only public stock offering to raise money for a new manufacturing plant.

1985: The Ben & Jerry's Foundation is established with a gift from Ben and Jerry & 7.5% of the company's annual pre-tax profits to fund community-oriented projects.

1986: Ben & Jerry's launches the Cowmobile, a modified mobile home used to distribute free scoops in a unique, cross-country "marketing drive." On the return trip, the Cowmobile burns to the ground outside of Cleveland, Ohio (no one was hurt). Ben said it looked "like the world's largest Baked Alaska."

1987: Ben & Jerry's introduces Cherry Garcia® ice cream. Named for Grateful Dead guitarist Jerry Garcia at the suggestion of two "DeadHeads" from Portland, Maine, Cherry Garcia® becomes the first ice cream named for a rock legend

1988: Ben and Jerry are named “U.S. Small Business Persons of the Year” by President Reagan in a White House Rose Garden ceremony. Jerry's one suit comes in handy and, luckily, Ben finds an Italian waiter's jacket to wear.

1989: Ben & Jerry's comes out against Recombinant Bovine Growth Hormone (rBGH), based on concern about its adverse economic impact on family farming and public confidence in the wholesomeness of dairy products.

Explanation:

(This is not written in my own words, since Brainly doesn't let you send /*nks I had to copy and paste this, also there is more but, Brainly also doesn't let you send more than 5000 words so)

5 0
3 years ago
A company's scope defines the products and markets on which it will concentrate.True or false?
serious [3.7K]

Answer:

The statement is: True.

Explanation:

A company's scope determines which sector of the market they will focus on and in what product specifically. For new businesses, it is recommended to engage in the production of one service only so the company can have enough control of it but the organization's goal should be to diversify as long as the firm grows and starts earning stable revenues.

8 0
3 years ago
If Ed=2 and price decreases by 1%, by what percentage and in what direction will quantity demanded change?
Arte-miy333 [17]

<u>Given:</u>

Elasticity of Demand = 2

Decrease in price = 1%

<u>To find:</u>

Change in quantity demanded

<u>Solution:</u>

The percentage change in quantity demanded is the mathematical product of the percentage change in price and elasticity of demand. This can be mathematically represented as,

\% \text{ change in quantity demanded }=\% \text{ change in price }\times\text{Elasticity of demand }\\\\ \Rightarrow \% \text{ change in quantity demanded }=1\times2\rightarrow 2\%

Since, there is a decrease in price, the demand for the product will increase. Therefore, we can conclude that there will be 2% increase in quantity demanded

3 0
3 years ago
If the price of Spanish olives imported into the United States decreases, then:
Maurinko [17]

Answer:

d. the consumer price index will decrease, but the GDP deflator will not decrease.

Explanation:

If the price of Spanish olives imported into the United States decreases, then the consumer price index will decrease, but the Gross Domestic Products (GDP) deflator will not decrease.

The GDP price deflator also known as the implicit price deflator, measures the changes in the level of prices for all of the final goods and services produced domestically in an economy in a year.

The GDP deflator can be calculated by using the formula;

GDP deflator = (Nominal GDP/Real GDP) × 100.

6 0
3 years ago
What is anomie? What effects does it have?
enot [183]
Anomie is the lack of the usual social or eithnical standards.
7 0
3 years ago
Other questions:
  • Imagine designing a conjoint for your b-school’s café. In particular, you’re in charge of the daily pizza orders. Pizzas are tri
    7·1 answer
  • Tanner-UNF Corporation acquired as a long-term investment $310 million of 6% bonds, dated July 1, on July 1, 2021. Company manag
    7·1 answer
  • Angela, a recent university graduate, wants to start a fashion boutique that will sell tailor-made garments and accessories. She
    10·1 answer
  • A _____ is a legally-binding agreement between two or more parties. Select the best answe from the choices provided. contract la
    15·2 answers
  • Bob lives in New York City and runs a business that sells guitars. In an average year, he receives $851,000 from selling guitars
    12·1 answer
  • What are the sources of externalities and market​ failure?
    9·1 answer
  • Which set of international standard focusess on company's enviornment responsibility? Options ISO 9000 ISO 9001 ISO 14000 ISO 90
    10·1 answer
  • In an attempt to minimize agency problems in a company (potential conflict of interest between the company's managers and shareh
    12·1 answer
  • Oriole Company received proceeds of $761500 on 10-year, 8% bonds issued on January 1, 2019. The bonds had a face value of $72000
    5·1 answer
  • A bank has ​$200 comma 000 of checkable deposits and a required reserve ratio of 5 percent. The bank currently holds ​$190 comma
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!