It defines the purpose. It serves as a guideline for decision-making. It could also attract support and donations.
Some Like it Hot - It was directed and produced in 1959, but set in 1929 by Billy Wilder. It starred Tony Curtis, Marilyn Monroe, and Jack Lemmon. It opened to mainly positive reviews and has been ranked as highest film in American Film Institute's list of "100 funniest movies of all time." This film is especially renounced for it's use of cross-dressing, and its openness in the use of homosexuality. This saw the film produced without the permission of Motion Picture Production Code. The film's overbearing success contributed to demeaning such moral codes in film production. It was especially one of the last nails in the coffin of Hays Code.
Answer:
$ 1.75 million
Explanation:
EBITDA stands for Earnings Before Interest, Tax, Depreciation and Amortization. Net Income is Earnings after Interest, Tax, Depreciation and Amortization.
So to find charge for depreciation and amortization we need to reconcile the EBITDA to the Net Income and find the missing figures,
<u>Reconciliation of EBITDA to the Net Income</u>
EBITDA $7.5 million
Less Net income ($2.1 million)
Interest, Tax, Depreciation and Amortization $5.4 million
Less Interest expense ($2.0 million)
Less Corporate tax ($7.5 million - $2.0 million) × 30% ($1.65 million)
Charge for depreciation and amortization $ 1.75 million
The United Arab Emirates is a member of the Gulf Cooperation Council and the Arab League and provides financial contributions to some Arab and other developing countries. She has also participated in numerous peacekeeping missions and humanitarian missions organized by the United Nations. The United Arab Emirates occupies a global position as a tolerant and prosperous country to develop the country into a global investment market, tourist destination and cultural center.<span>Official Name: United Arab Emirates.
The United Arab Emirates, formerly known as the Trucial States, is a modern country located in the eastern part of the Arabian Peninsula and on the Persian Gulf between Saudi Arabia and Oman. The state was founded in 1971-72 as a federation of seven emirates, following the end of the 19th century Great Britain in the region. On December 2, 1971, six out of seven emirates (Abu Dhabi, Ajman, Fujairah, Sharjah, Dubai and Umm Al Quwain) formed the United Arab Emirates and the seventh emirate, Ras Al Khaimah, joined in 1972
</span><span>Many Emiratis are Sheikh Zayed bin Sultan Al Nahyan, ruler of Abu Dhabi and the first president of the United Arab Emirates until his death in 2004, the founding father of the state. The capital of the United Arab Emirates is Abu Dhabi, the second largest emirate after Dubai. The official religion is Islam, and the official language is Arabic. However, due to the high number of foreign nationals, English is the common language of the country. Oil revenues, geographical location and moderate foreign policy have given the country a vital role in the Gulf and Middle East issues. In a very short period of time, the country has undergone a radical transformation: the development of modern institutions, civic centers, infrastructure, high-rise buildings and communications and transportation systems. The experience and scholarly hand to implement this change has attracted millions of foreign workers from around the world.
</span><span>Against the backdrop of major political transformations in the region and surrounded by larger neighboring countries, seven small Arab emirates on the Persian Gulf in the early 1970s had no choice but to unite. Thus emerged the UAE. Economically, the differences between the UAE are great: the largest and most lucrative oil reserves are Abu Dhabi, and the most diversified economy is in Dubai. This vibrant commercial and tourist center, which has become a global frontier and equivalent to Manhattan, was hit in 2009 by major economic problems and Abu Dhabi was supported by bankruptcy.</span>
Answer:
$34,100
Explanation:
The computation of the net income is shown below:
Net income = Total revenues - Total expenses
where,
Total revenues
= Service revenue + sales revenue
= $145,200 + $27,500
= $172,700
And, the total expenses is expenses incurred i.e $138,600
So, the net income is
= $172,700 - $138,600
= $34,100
As we know that the income statement records only revenues and expenses and the same is considered
