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solmaris [256]
3 years ago
8

___________-reflects the true cash position of the company, and can differ from the balance that reflects the money that the bus

iness is left with after paying its operating expenses, interest expense, and taxes.
Business
1 answer:
ch4aika [34]3 years ago
3 0

Answer: net income

Explanation: Net income (also gross taxable revenue, net profit, end result, selling profit, or credit revenue) in company and accounting is a measure of a branch's profitability.

It is the revenue of a company versus the cost of selling goods, depreciation and amortization, taxes, and interest for a reporting period.Net earnings can be paid as a reward or kept by the corporation as an extension to uninvested cash by owners of common shares.

Although profit and earnings are interchangeably used mostly for income, net earnings and net profit are commonly observed as descriptors of net income.

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Adrian placed an X-Box on layaway as a Christmas gift. The price of the X-Box was $400.00. The store charges a 5% layaway fee an
fgiga [73]

Answer:

$59.5

Explanation:

Data provided;

The price of the X-Box = $400.00

layaway fee = 5%

Down payment = 15%

Now,

The total cost of the X-Box = $400.00 + 5% of $400.00

or

= $400.00 + 0.05 × $400.00

= $400 + $20

= $420

The amount of down payment = 15% of $420

= 0.15 × $420

= $63

The amount left after down payment = $420 - $63

= $357

Therefore,

The weekly payment = \frac{\textup{Total amount to be paid}}{\textup{Total weeks}}

= \frac{\textup{357}}{\textup{6}}

= $59.5

8 0
3 years ago
INCOME STATEMENT Patterson Brothers recently reported an EBITDA of $7.5 million andnet income of $2.1 million. It had $2.0 milli
VLD [36.1K]

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

6 0
3 years ago
In planning Hong Kong Disneyland, Disney took special care to assure that the theme park would be culturally acceptable by: Grou
loris [4]

Answer: All of the above

Explanation:

Disney realized that China has different values from the United States and so Disneyland had to be built by Chinese standards not that of the U.S. in order for it to be a successful venture.

To this end, they brought in a Feng Shui expert who helped construct the park according to the principles of Feng Shui. They also made sure that the park's hotels had no 4th floor because the number four is considered bad luck in Chinese culture.

They also set the opening date to a date that was considered auspicious for the opening of a business to inspire good luck.

3 0
3 years ago
you are forming a new company that delivers food to residents across college campuses. the primary focus is
Rus_ich [418]

Answer:

your primary focus should be on making sure that your system works

Explanation:

When doing this your primary focus should be on making sure that your system works. Meaning that you need to make sure that you have all of the necessary equipment to get the deliveries out on time and everything worked out so that you can assure customer satisfaction. Otherwise, customers will begin to review your company badly and as dysfunctional, which will destroy your business before it can even get started.

3 0
3 years ago
According to the video, what is the work environment of Loading Machine Operators like? Check all that apply.
cupoosta [38]

Answer:

noisy, dusty, cramped, dangeroues

Explanation:

just did on edugunity

5 0
3 years ago
Read 2 more answers
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