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algol13
3 years ago
11

Charlie's Chocolates' had stock issuances of $52,000 and dividends of $21,000. The company has revenues of $85,000 and expenses

of $65,000. Calculate its net income.
Business
1 answer:
cricket20 [7]3 years ago
7 0

Answer: $20,000

Explanation:

Given that,

Charlie's Chocolates' had

Stock issuance = $52,000

Dividends = $21,000

Revenues = $85,000

Expenses = $65,000

Net income is calculated by subtracting expenses from revenues.

Net income = Revenues - Expenses

                   = $85,000 - $65,000

                   = $20,000

Charlie's Chocolates' net income is $20,000.

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Answer:

D. a and c

Explanation:

I hope it helps.

8 0
3 years ago
dentify a true statement about sales-oriented firms. a. They target their products to specific groups of people. b. They recogni
stellarik [79]

Answer:

Correct answer is (d). They target their products at "everybody" or the "average customer."

Explanation:

Every sales-oriented firms want more customers and want to make more profit by selling to as many customers as possible, this makes them to seek and target their products to every potential buyers and other average customers available.

6 0
3 years ago
A produce distributor uses 773 packing crates a month, which it purchases at a cost of $11 each. The manager has assigned an ann
alekssr [168]

\sqrt\frac{2*773*28}{33}Answer:

Explanation:

Using the EOQ Formula =  EOQ\sqrt\frac{2*D*O}{H}

D = Demand = 773

O = Ordering Cost =28

H = holding Cost = 11*33% =3.63

So we have :

EOQ=\sqrt\frac{2*D*O}{H}

EOQ= \sqrt\frac{2*773*28}{3.63}

EOQ=\sqrt\frac{43288\\}{3.63}

EOQ= \sqrt{11925.06887}

EOQ= 109.20196

   

Previous per unit order cost = 28/773 =0.03622

No of Orders = D/o  

No of Orders = 773/109.20196 =7.0786

Cost per order =109.20196*0.03622 =3.9555

Total order cost= 7.0786*3.9555=27.9998

At EOQ holding Cost is equal to Order Cost

New Order cost =27.9998

Holding Cost = 27.9998

New cost As per EOQ = 56

Previous (33+28)  =  61

Net Saving = 5

6 0
3 years ago
You are the manager of a project that has an operating leverage rating of 2.8 and a required return of 14 percent. Due to the cu
slava [35]

Answer:

The change should you expect in operating cash flows next year would be 19.60%

Explanation:

In order to calculate the change should you expect in operating cash flows next year given your sales forecast we would have to make the following calculation:

change should you expect in operating cash flows=operating leverage rating*percentage of decrease sales next year

change should you expect in operating cash flows=2.8*0.07

change should you expect in operating cash flows=19.60%

The change should you expect in operating cash flows next year would be 19.60%

8 0
4 years ago
Suppose the economy is in a recession. The economy needs to expand by at least $350 billion, and the marginal propensity to cons
MissTica

Answer:

$140

Explanation:

Calculation for What is the least amount the government can spend to overcome the $350 billion gap

First step is to find the Multiplier using this formula

Multiplier=1(1-Marginal propensity)

Let plug in the formula

Multiplier=1/(1-0.6)

Multiplier=1/0.4

Multiplier=2.5

Now let calculate the least amount the government can spend using this formula

Least amount=Gap/Multiplier

Let plug in the formula

Least amount=$350 billion /2.5

Least amount=$140

Therefore the least amount the government can spend to overcome the $350 billion gap is $140

4 0
3 years ago
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