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
natka813 [3]
3 years ago
13

At Sam’s Swimming Pool Cleaning, Sam charges each of his 85 customers $25 per week for 52 weeks of service every year. Since poo

l cleaning is a service, it has no cost other than labor and supplies, which cost Sam $48,000 each year. Calculate Sam’s annual net income.
Business
1 answer:
Nataly_w [17]3 years ago
7 0

Answer:

$ 62,500

Explanation:

1. calculating weekly revenue: 85 clientX25 dollars

       85x25=2,125.00

 2. Annual income:     2, 125x52=110,500 dollars.                      

3. Annual  expenses: =48,000 dollars

4. Annual revenue:  revenue - expenses=62,500.00

Annual income  dollars: 62,500.00

 

You might be interested in
In 2012, former Chief Financial Officer (CFO), Jennifer Cue, returned to Jones Soda as Chief Executive Officer, with a mandate t
Dvinal [7]

Part of the new strategy to save the company was to establish B2B partnerships with companies such as 7-Eleven and Fiat, in order to tap into the robust reseller market.

<h3>What is the B2B partnership?</h3>
  • A B2B partnership is a collaboration between two or more businesses with the aim of creating a win-win situation that will sustain growth and provide substantial value to all parties.
  • This might take the form of opportunities for product development, marketing, or general corporate growth.
<h3>What is the reseller market?</h3>
  • The market is made up of wholesalers and merchants that purchase goods to resell.
  • A reseller purchases goods with the intention of reselling them for a profit later.
  • Since resellers buy products and services in bulk from suppliers, they frequently get deals.
  • Then, through the process of resale, resellers establish a connection between producers and customers, delivering goods and services to customers.
  • These include supermarkets, department stores, and specialist shops like those that provide pet supplies or home improvement products.

Therefore, part of the new strategy to save the company was to establish B2B partnerships with companies such as 7-Eleven and Fiat, in order to tap into the robust reseller market.

Know more about wholesalers here:

brainly.com/question/7062667

#SPJ4

8 0
2 years ago
The current liability for Wages Payable (or Accrued Payroll) represents the:
Rainbow [258]

Answer:

2.

Explanation:

The current liability for Wages Payable (or Accrued Payroll) represents the net pay earned by employees for which they have not yet been paid. This amount  is entered into the company's balance sheet as a entry that is being adjusted and is then changed at the end of the month as a current liability that the company needs to pay.

4 0
3 years ago
Hip Manufacturing produces denim clothing. This year it produced 3,040 denim jackets at a cost of $91,200. These jackets were
Mila [183]

1. The income for each alternative for the damaged jackets of Hip Manufacturing is as follows:

                                      Scrap            Recycle           Rework

Sales Revenue           $18,240          $36,480         $136,800

Additional cost                      0              6,080            103,360

Income                      $18,240         $30,400           $33,440

2. The chosen alternative is C. reworking.

<h3>Data and Calculations:</h3>

Production units = 3,040

Production costs = $91,200

                                      Scrap            Recycle           Rework

Sales Revenue           $18,240          $36,480         $136,800

Additional cost                      0              6,080            103,360

Income                       $18,240          $30,400           $33,440

Thus, reworking yields the highest income and should be chosen as it reduces the loss from the damage more than scrapping or recycling.

Learn more about calculating income at brainly.com/question/25895372

#SPJ1

4 0
1 year ago
If a company reports a net loss...(10 points)? If a company reports a net loss, it A. will not be able to make capital expenditu
mr Goodwill [35]
The right answer for the question that is being asked and shown above is that: "D. may still have a net increase in cash." If a company reports a net loss...(10 points)? If a company reports a net loss, it <span>D. may still have a net increase in cash</span>
3 0
3 years ago
Question 20: If you are charged with selling/providing/delivering alcoholic beverages to an intoxicated person, the penalty is a
Viktor [21]

There are punishment for any offense. Selling alcohol to an intoxicated person is a misdemeanor offense and punishable by a maximum fine of $500 and sometimes about a year in jail.

  • But sometimes, the effect often extend more than just criminal charges. The establishment or person that sold the alcohol could be given a fined or have their liquor license to be suspended.

<h3>What is the penalty for selling alcohol without a License?</h3>

One cannot sell alcohol without having the legal license or permit to do so.

There is a fines or jail time if a person sell alcohol without having authorization and one should not be selling/providing/delivering alcoholic beverages to an intoxicated person.

Learn more about maximum fine from

brainly.com/question/3521571

6 0
2 years ago
Other questions:
  • A​ 12-cylinder heavy-duty diesel engine will have a guaranteed residual value of​ $1,000 in five years. Today​ (year 0) the equi
    8·1 answer
  • People who support free trade would MOST LIKELY support the efforts of which of these organizations?
    14·2 answers
  • Vornoda Inc., a multinational clothing and accessory brand, has been facing huge economic losses due to unpredictable exchange r
    11·1 answer
  • Potter &amp; Lopez Inc. just sold a bond with 50 warrants attached. The bonds have a 20-year maturity and an annual coupon of 12
    10·1 answer
  • In competitive settings, profits will lead firms to _________________ and losses will lead firms ___________, so the incentives
    5·1 answer
  • Select the correct answer.
    12·2 answers
  • A country might create safety standards for certain products that other nations can't comply with. As a result, these nations ca
    11·1 answer
  • Which form of retailing is Best Buy now using in airports to distribute its mobile phone and computer accessories, digital camer
    9·1 answer
  • You purchased one corn future contract at $2.29 per bushel. What would be your profit (loss) at maturity if the corn spot price
    13·1 answer
  • A method used for establishing a logical framework for identifying the required activities for the project is called
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!