Answer: <u>
Net income = $201,000</u>
Explanation:
Net income = (Sales - COGS - depreciation - interest expense)(1 - tax)
where;
Sales = $1,400,000
COGS(Cost of goods sold) = $ 800,000
Depreciation = $175,000
Interest expense = $90,000
Tax = 40%
∴ Net income = (1,400,000 - 800,000 - 175,000 - 90,000) 
(1 - 0.4)
Net income = 335,000 0.6
<u>
Net income = $201,000</u>
Answer:
--- FIFO
-- LIFO
Explanation:
Solving (a):
FIFO method
This means that the first items to be listed were sold out and only 240 of the last item is left
This implies that the following units were sold
340 units at $5; 440 units at $7 and (540 - 240) units at $8
So: We're left with
Solving (b):
LIFO method
This means that the last items to be listed were sold out and only 240 of the fist item is left
This implies that the following units were sold
540 units at $8; 440 units at $7 and (340 - 240) units at $5
So: We're left with
In a decentralized organisation, employee uses more of their skills and enjoy professional development as well.
Decentralized organization is a type of organizational structure where most decisions-making are made by mid or lower level managers.
- Under a decentralized organizational structure, the senior management delegates majority of decision making to lower levels in the organization.
In conclusion, employees who works under a decentralized organisation viii make greater use of their skills. Development of professional career will be enjoyed because more freedom are given to them at the workplace.
Learn more about Decentralized Organisation here
<em>brainly.com/question/12653061</em>
Answer: Person who enjoys the benefits of a collective good, action, or service without any effort on their part.
Explanation:
In Economics, Free riders are people who benefit from resources and/or goods that are communal in nature and yet either do not pay or pay an insubordinate amount for enjoying same. Essentially they enjoy the benefits of a collective good without any effort on their part.
As a result, the good might become overused and degraded as it is not being maintained enough.
Answer:
A)
Explanation:
obesity epidemic in American society increased uniformity and rationality of society
