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
Vesnalui [34]
3 years ago
7

a company has net sales of $126,000, cost of goods sold of $72,000, operating expenses of $38,000, and other expenses of $3,000.

the company's net income is
Business
1 answer:
earnstyle [38]3 years ago
3 0

Answer:

$13,000

Explanation:

Net income= net sales -net expenditure

in this case:

net sales=$126,000

net expenses =  $113,000 {COGS + operating exp.+other exp.}

Net income= $126,000-$113,000

                    =$13,000

You might be interested in
HELPPPPP please!!
vlabodo [156]

Answer:

B

Explanation:

I'm taking public speaking in college now dress is important because it conveys the character of the speaker.

4 0
2 years ago
Use the following information to answer the next three questions.
nalin [4]

Answer:

The  alignment of numbers in the first part of the question is off. However, you solve this question as shown below. The correct answer is C. $1,124.

Explanation:

This is a one-time cashflow type of question where the principal amount is invested once and no other addition is made to the account. You use the future value formula to solve the result of the compounding effect at year 3.

FV formula;

FV = PV(1+r)^n

PV = 800

discount rate; r = 12% or 0.12

total duration of investment; n = 3

therefore; FV = 800(1+0.12)^3

FV = 800 * 1.404928

FV = 1123.94

To the nearest whole dollar, the amount will grow to $1,124

6 0
2 years ago
How is health insurance different from auto insurance?
Bess [88]

While both types of insurance are required, if you do not have health insurance, you will be required to pay a fee on your taxes.

FYI, while this used to be true the United States has recently removed the requirement known as the "individual mandate" for people to have health insurance or face a penalty.

6 0
3 years ago
Adding _____ to a query specifies conditions that must be met for the values of the records to be returned by the query.
Deffense [45]

Search Parameters(APEX VERIFIED)

5 0
3 years ago
Read 2 more answers
Suppose an economy has a law that requires all wages to be adjusted quarterly to reflect changes in the general price level. Thi
8_murik_8 [283]

Answer:

economic (or business) cycles are less severe.

Explanation:

If the wages follow the general price level, it means that they will follow the inflation rate. When the economy is strong and inflation might rise, then the wages should increase accordingly. When the economy is starting to enter a recession then the inflation rate will reduce, so wages will not increase as much (if any increase at all).

This type of economic policy favors expansion cycles since private consumption is the main component of the GDP and also helps when the economy enters a recession because the wages will follow inflation rate which will help make the recession less severe and hopefully shorter.

One basic concept for this to work is that inflation is always a positive number, countries rarely (if ever) go through deflation processes.

8 0
2 years ago
Other questions:
  • Chocolate Co. reports the following information from its sales budget: ​ Expected sales:
    14·1 answer
  • he following information was drawn from the accounting records of Chapin Company. On January 1, Year 1, Chapin paid $56,000 cash
    6·1 answer
  • Web resumes are posted to the internet in html format T or F
    11·2 answers
  • When a student enters college, tuition is the
    5·2 answers
  • A delivery company is considering adding another vehicle to its delivery fleet; each vehicle is rented for $100 per day. Assume
    15·1 answer
  • Developing the marketing mix and its budget are part of which step in the planning phase of the strategic marketing process?
    6·1 answer
  • I rlly need answers quick guys! This isnt Business tho!
    10·1 answer
  • With regard to social welfare, oligopolists forming a cooperative alliance is Group of answer choices good because it leads to l
    13·1 answer
  • Diusitech Inc. Income Statement For the Year Ending on December 31 (Millions of dollars)
    11·1 answer
  • ____ is not a physical work environment characteristic.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!