Answer:
$126,000
Explanation:
Net income is computed by deducting total expenses from total income.
Accordingly,
net income = total revenue - total expenses
= 783,000 - 657,000
= $126,000
Additional common stock issuance will increase common stock and cash balance (both on the statement of financial position, not the income statement). Dividend payment is deducted after net income, and does not affect net income computation.
I believe the correct answer would be maximum performance. This is the rem used to describe the overall performance of a person at his best. This is the highest level of performance that can be shown by one. Hope this answers the question.
The most common method to measure flows of trade is the comparison between the exportation of merchandise, services, and the capital of the countries.
<h3>What is trade?</h3>
Trade is the situation where the countries buy (import) from or sell (export) to the countries outside the boundaries of their own territories.
Exports referred to the scenario where one country provides goods and services to another country abroad. The comparison of goods, services, and monetary capital of foreign countries with respect to their own countries can be used as a common method to measure the trade flows.
Therefore, the exporting of goods, services, and capital to other countries is the method to determine trade flows.
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According to the case, the use of Ph.D. on the ads for hair care products by John Smith is considered an example of the fallacy of inappropriate expertise.
The provided statement is true.
<h3>What is a fallacy?</h3>
A fallacy is an unlawful statement that is used by someone in stating any reasoning or argument which can even be harmful to society.
In the given case, John is having Ph.D. degree in the archaeology field, and his attempt to use the word Ph.D. on the haircare goods marketed by him would be a fallacy in respect of inappropriate expertise. The fallacy could be the use of the Ph.D. word on ads and the inappropriate expertise is that he doesn't have any knowledge regarding skincare and dermatology area.
Therefore, this may create a harmful effect on the individuals who are buying them as it is not authorized by a dermatologist.
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