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
Vanyuwa [196]
3 years ago
14

A computer company had $3,000,000 in research and development costs. Before recording these costs, the net income of the company

was $3,400,000. What is the net income or loss after these costs have been properly accounted for
Business
1 answer:
JulijaS [17]3 years ago
7 0

Answer:

Net income of the company accounted for $400,000

Explanation:

Net income is the income or the amount of residual income from the earnings after deducting all the expense or cost from the sales.

The net income or loss of the company accounted for is computed as:

Net Income or Loss = Net Income - Research and Development cost

where

Net Income amounts to $3,400,000

Research and Development cost amounts to $3,000,000

So, putting the values above:

Net Income or loss = $3,400,000 - $3,000,000

Net Income  = $400,000

You might be interested in
During the gdl program, the dps can suspend or revoke your license for __________ or more moving violations in twelve months.
Oksi-84 [34.3K]
During the gdl (program, the dps can suspend or revoke your license for driving or more moving violations in twelve months. GDL stands for Graduated Driver License.  During the GDL young drivers<span> gain knowledge and </span>driving experience. There are <span>restrictions and responsibilities associated with the license the driver is about to receive.</span>
8 0
3 years ago
Free-market capitalism is characterized by
noname [10]
Had to look for the options and here is my answer:
When we say Free-Market capitalism, this means that this kind of market system has their own individual decisions and are not controlled by the government. Therefore, the one that fits the blank above is this answer: <span>the right to freedom of competition. Hope this helps.</span>
5 0
3 years ago
Categorize the statements according to whether they promote economic growth or inhibit economic growth. Promote economic growth
Marina86 [1]

Answer:

Categorization of Statements

Promotion of Economic Growth:

- clear laws regarding the transfer of property from one person to another

- the enforcement of trademarks

- A nation's central bank declares it will print money to pay for government expenditure.

- the use of competitive markets to allocate goods and services

Inhibition of Economic Growth:

- the creation of a price floor on sugar

- the development of regulations that make creating small businesses difficult

- a corrupt government

Explanation:

Economic growth can be increased by the reduction of the borrowing costs and interest rates and encouraging consumer spending and business investments.

The factors that inhibit economic growth also create market inefficiencies. They include lack of basic infrastructure, healthcare, and education, capital flight and economic uncertainties, ageing population, political instability, and rampant corruption.

6 0
3 years ago
expenditures for residential care facilities ambulance providers medical care delivered in nontraditional settings such as senio
love history [14]

The expenditures such as the medicaid programs represent about 5 percent of the cost of health care.

<h3>What is medicaid?</h3>

This is an insurance program that is done as a health coverage to millions of Americans in the United States.

The insurance helps to trake care of the costs of health care for the people that are unable to afford health care.

Read more on medicaid here: brainly.com/question/517714

8 0
2 years ago
In one or two sentences, describe which is greater: gross pay or net pay.
Dafna1 [17]
Gross pay<span> is almost always </span>greater<span> than </span>net pay<span>, as </span>net pay<span> is after taxes, benefits, etc. </span>Gross pay<span> is what the company tells you that they will </span>pay<span> you.</span>
8 0
3 years ago
Read 2 more answers
Other questions:
  • 2. Provide a definition for the following terms:
    15·1 answer
  • HELP PLEASE!!! YOU ARE TRYING TO DETERMINE HOW LONG TO STUDY FOR THIS EXAM. EXPLAIN ECONOMICALLY.
    7·1 answer
  • A _____ is subsidiary to the work-in-process account and is the primary document for accumulating all costs related to a particu
    12·1 answer
  • Which of the following movements started in Great Britain in the early 1980s when then Prime Minister Margaret Thatcher started
    6·1 answer
  • When a nation removes a tariff on a product, this policy action rev: 06_20_2018 Multiple Choice benefits domestic producers of t
    13·1 answer
  • One example of a company that is allowed to sell shares to the public​
    13·1 answer
  • Answer the question on the basis of the following list of assets:1. Large-denominated ($100,000 and more) time deposits2. Nonche
    13·1 answer
  • How do i get my phone back after bad grades?
    7·2 answers
  • PLEASE HELP ME ILL MAKE YOU BRAINLIEST
    9·2 answers
  • If you wish to enter the field of soil and
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!