The Beverage Act is the Answer
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Answer:
Wilson Towing Service
Income Statement
For the month ending June 30, 2016
Service revenue $12,500
Salaries expense ($2,500)
<u>Rent expense ($500)</u>
Operating profit $9,500
The income statement tells us how much profit/loss did a business make during a certain period of time. In this case, the operating profit was $9,500. In order to calculate net income we would need to subtract taxes but we are not given the tax rate or the taxes due.
Answer:
I think its D sorry if its wrong
Explanation:
A term of sales can be defined as an agreement that exists between the seller of a goods or services and a buyer.
<h3>
Company's sales increase per month</h3>
Correct option is B= $940
Given Information:
- Sales=$1000
- Equation=0.94x+12.5
The equation represents the company sales in thousand dollars and x is time in months.
Comparing to general form of linear equation.
y=mx + c
Comparing, we get,
Slope, m = 0.94
y-intercept, c = 12.5
Hence, the slope tells us the increase in sales of company with one unit increase in x that is it tells the increase in company's sale per month.
=0.94*1,000=$940
=$940 is the increase in company's sale per month.
Learn more about equations, refer to the link:
brainly.com/question/2601781