Answer:
$135,100
Explanation:
Given :
Cost of purchasing: $140,500
Operating expenses :$80,600
beginning inventory:$12,900
Ending inventory:$18,300
sales revenue :$300,700
Gross profit of the year can be determined by
Cost of purchasing + beginning inventory - Ending inventory
=140,500 + 12,900 -18,300
=$153,400-$18,300
=$135,100
She may be entitled to protection under the <u>Business Judgement Rule</u>, which is a doctrine that courts generally defer to the business decisions of company executives when the decisions were in good faith.
Answer:
Piper should report $308,000 as net income for the year . Option C
Explanation:
Accumulated Depreciation till 2014 = [$600,000×(5+4+3)] ÷ 15 = $ 480,000
Book Value at beginning 2015 = $600,000 - $480,000 = $120,000
Depreciation Expense in 2015 = $120,000 ÷ 2 = $60,000
Net Income before depreciation & taxes = $ 500,000
Depreciation = $ 60,000
Electronic Benefits Transfer = Net Income before depreciation & taxes - Depreciation
= $ 500,000 - $ 60,000
=$ 440000
Tax Expenses = $440,000 × 30% = $132,000
Net Income =$ 308,000
A. <span>making at least the minimum payment, even if they are late</span>
Answer:
3
Explanation:
Various educators teach rules governing the length of paragraphs. They may say that a paragraph should be 100 to 200 words long, or be no more than five or six sentences. But a good paragraph should not be measured in characters, words, or sentences. The true measure of your paragraphs should be ideas.
