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
Rasek [7]
2 years ago
6

Paper Clip Company sells office supplies. The following information summarizes the​ company's operating activities for the​ year

: Utilities for the store ​$ 9 comma 600 Sales commissions 10 comma 100 Sales revenue 164 comma 800 Purchases of merchandise 89 comma 900 January 1 inventory 27 comma 000 Rent for store 13 comma 800 December 31 inventory 23 comma 500 What is operating​ income?
Business
1 answer:
marin [14]2 years ago
3 0

Answer:

$41,400

Explanation:

Calculation for Paper Clip Company Operating income

OPERATING NET INCOME for Paper Clip Company

Sales revenue 164,800

Less: Purchases of merchandise (89,900)

Utilities for the store (9,600)

Sales commission (10,100)

Rent for store (13,800)

Operating net income $41,400

Therefore the Operating net income will be $41,400

You might be interested in
If a car company collaborated with a sheet metal supplier, the car company would be the supplier's ______.
Ymorist [56]

If an assembler collaborated with a sheet metal supplier, the assembler would be the supplier's corporate partner.

<h3>What is corporate partnership?</h3>

Corresponds to commercial alliances between two or more companies with the objective of obtaining multiple business benefits, such as profitability, common market, exchange of information and sharing of risks and opportunities.

Therefore, corporate partnerships are positive strategies for obtaining market positioning, increasing quality and achieving objectives and goals.

Find out more about corporate partnership here:

brainly.com/question/25012970

#SPJ1

6 0
1 year ago
Dufner Co. issued 17-year bonds one year ago at a coupon rate of 6.3 percent. The bonds make semiannual payments. if the YMT on
MA_775_DIABLO [31]

Answer:

-_-

Explanation:

-

4 0
3 years ago
What is the problem associated with service quality standards such as "be nice" or "do what the customers want"?
Rama09 [41]

Answer:

b. They are not specific

Explanation:

The main problem with service quality standards such as "be nice" or "do what the customers want" is that they are not specific. An individual may think that they are being nice, while another person may take that behavior as being sarcastic or "having an attitude". The same goes for "do what the customer wants" since there are things that an employee is not allowed to do at all.

5 0
3 years ago
Which form of business organization is established as a separate legal entity?
densk [106]

Answer:

Corporations

Corporations. A corporation is considered by law to be a unique entity, separate from those who own it. A corporation can be taxed, sued and enter into contractual agreements. The corporation has a life of its own and does not dissolve when ownership changes.

Explanation:

corporation

Unlike a sole proprietorship or general partnership, a corporation is a separate legal entity, separate and distinct from its owners. It can be created for a limited duration, or it can have perpetual existence

7 0
2 years ago
When companies recruit people to promote products to friends and other contacts in exchange for free samples or other​ rewards,
barxatty [35]

Answer:

The answer is: Referral marketing

Explanation:

Referral marketing is like word of mouth marketing, but with a reward.

We are all social creatures, some more than others, and we like to tell our friends about things that might be considered interesting, new, good, etc (a little gossip). We also know by now that advertisement is usually not 100% accurate, so we don´t fully trust it. When one of our friends tells us that they tried product X and it was great, we do trust them and probably will end up buying product X.

4 0
3 years ago
Other questions:
  • Name the written test a potential driver must pass and list the minimum required score to earn a learner’s license.
    13·1 answer
  • Dell Computers would like to borrow pounds, and Virgin Airlines wants to borrow dollars. Because Dell is better known in the Uni
    8·2 answers
  • __________ is the process by which representatives of a union meet with representatives of management to negotiate a contract fo
    14·1 answer
  • The slope of a demand curve is not used to measure the price elasticity of demand because
    11·1 answer
  • A company produces three products from a joint production process:: A, B, and C. As a percentage of total sales value, a represe
    14·1 answer
  • Christine used $5,000 from her personal savings account to buy pottery tools for her business. The savings account paid 1% annua
    8·1 answer
  • A price-cutting tactic may backfire if
    7·1 answer
  • In an effort to reduce costs, many regional power companies want to lower their safety stock of electricity transformers. To sup
    15·1 answer
  • A(n) ________ is a force in the environment that requires a company to address it.
    11·1 answer
  • Describe what lilius, worline, dutton, kanov, and maitlus (2011) found about how the collective capacity for compassion was deve
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!