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Akimi4 [234]
3 years ago
13

Catherine sat down with all of her income details from the past year to calculate the total income she had in that period. After

she created a consolidated income statement, she deducted some tax-exempt income details from the statement. What term would Catherine use for this final income calculation?
The final income that Catherine has calculated is called the
.
Business
1 answer:
HACTEHA [7]3 years ago
6 0

Answer:

<em><u>The answer is</u></em>: <u>Net income.</u>

<u />

Explanation:

Net income is a measure of the profitability of a company, or person. It is the income of an amount less the cost of goods sold, expenses, depreciation and amortization, interest and taxes for an accounting period.

<u>For households and individuals</u>, net income refers to gross income, less taxes and other deductions, for example, mandatory pension contributions. It is usually the basis for calculating how much income tax is owed.

<em><u>The answer is</u></em>: <u>Net income.</u>

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Answer:

The correct answer is letter "C": Ability of a firm to pay the interest on its debt.

Explanation:

The cash coverage ratio is a metric that measures a company's ability to pay its financial obligations. Generally, the higher the coverage ratio the better for the business to meet its debt obligations. It is best to compare coverage ratios of companies in the same industry or sector in the economy. Comparisons across industries are not useful as companies in different industries use debt in different ways.

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3 years ago
Items listed in a job description detailing work to be performed are _____. skills, tasks, tools, data
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<span>Items listed in a job description detailing work to be performed are </span>Tasks.
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g On January 2, 2010, Howdy Doody Corporation purchased 12% of Ranger Corporation's common stock for $50,000 and classified the
Aliun [14]

Answer:

$7,200

Explanation:

The calculation of income that should be presented in the income statement is shown below:-

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Therefore for computing the income that should be presented in the income statement we simply applied the above formula.

Therefore the above is the answer

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What do different jobs in the marketing career cluster have in common?
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B- sales of goods and services

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Trading in company stocks&gt; interest income only
Sphinxa [80]

Based on the merits and demerits of stocks and interest incomes, it is false to say that one is better than the other.

<h3>Which is better between interest income and stocks?</h3><h3 />

Interest income is more appealing to certain people such as those who don't want to incur a lot of risk because interest-based investments such as bonds are generally safer.

Stocks are appealing to people who don't mind higher levels of risk as stock returns are generally riskier.

These two things are therefore subjectively better depending on the risk tolerance of the investor.

Complete question:

Trading in company stocks> interest income only

True or False.

Find out more on risk tolerance at brainly.com/question/26507665.

#SPJ1

7 0
1 year ago
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