Answer:
A growing company may not be earning any profits yet, but may nevertheless provide a great investment opportunity.
Other times, a lack of profitability can be a huge red flag that something is wrong with the firm.
Explanation:
Answer:
the answer is $ 300
Explanation:
because by subtracting 1,500 - 1,200 it gives us 250 and the only one who gives us a similar pressure is multiply (1,500) (. 20) it gives us 300
Answer:
Sales Revenues 392,500
Sales Returns (20,000)
Freight outs <u> (9,700) </u>
Net Sales 362,800
Cost of good sold (221,000)
Gross profit 141,800
Operating Expenses
Rent expense (33,500)
nsurance expense (14,600)
Salaries and wages expense<u> (63,400) </u>
Operating Income 30,300
Income tax expense (4,300)
Net Income 26,000
Other comprehensive income 2,000
Comprehensive Income 28,000
Explanation:
the OCI is listed after-taxed thus do not change the total income tax expense
comprehensive income will be the sum of both concepts net income and OCI