Answer:
Net income is $135,00 from the income statement.
Explanation:
In the Income Statement for a particular year, all expenses all expenses for the year are deducted from the income to arrive at net income for that year. Based this, we have:
Paradise Travel Service Income Statement For the Year Ended May 31, 2018
<u>Details ($) </u>
Fees earned 900,000
Office expense (300,000)
Miscellaneous expense (15,000)
Wages expense <u> (450,000) </u>
Net income <u> 135,000 </u>
Therefore, net income is $135,00 from the income statement.
Answer:
Private placements
Explanation:
private placements are cheaper to market than public issues
<u>Answer: </u>Option 2 discretionary
<u>Explanation:</u>
Spending can be mandatory spending or discretionary spending. Mandatory spending means the spending on essentials goods such as food. Discretionary spending means the spending on recreation and entertainment where people have additional money in hand after meeting their necessary expenses.
In this speech Obama speaks about the non essential expenses when they are controlled more investments can be made. He says when all the departments cut down their discretionary expenses then can result in economic growth.
Answer:
Through the newspaper ads.
Explanation:
Personal selling is one of the ways of selling of products by various businesses where the seller and the customers come in direct contact or face to face in order to discuss the features, benefits, and worthiness of any product that the seller is interested in selling This can be done through direct face to face interaction, on telephones, through video conferencing, and also on the internet but not through newspaper ads.
