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
Olegator [25]
3 years ago
13

Suppose Torche Corporation has the following revenue and expenses for 2019:

Business
1 answer:
OlgaM077 [116]3 years ago
8 0

Answer:

The value of net income is $3,008,000

Explanation:

Income statement:

Revenues= 9,100

COGS= (2,730)

Gross profit= 6,370

Other Expenses= (600)

Sales, General, & Administrative Expenses= (910)

Depreciation Expenses= (500)

Interest Expenses= (180)

EBT= 4,180

Tax= (1,672)

Depreciation= 500

Net income= 3,008

The value of net income is $3,008,000

You might be interested in
A bed mart company is in the business of manufacturing beds and
vladimir1956 [14]

The maximum daily profit for the company is $860

<h3>What is an inequality</h3>

Inequality is an expression that shows the non equal comparison of two or more variables and numbers.

Let x represent the number of bed and y represent the number of pillow, hence:

4x + 2y ≤ 40    (1)

Also:

2x + 4y ≤ 32   (2)

From the graph, the solution is at:

(8, 4)

Profit = 80x + 55y = 80(8) + 55(4) = $860

The maximum daily profit for the company is $860

Find out more on inequality at: brainly.com/question/24372553

3 0
2 years ago
The measure used to report price changes at the wholesale level is the:
ivanzaharov [21]

The measure used to report price changes at the wholesale level is the <u>"Producer Price Index (PPI)".</u>


The producer price index (PPI) is a group of indexes that estimates the normal change in offering costs gotten by household makers of merchandise and enterprises after some time. The PPI estimates value changes from the point of view of the seller and varies from the buyer value record (CPI), which estimates value changes from the buyer's viewpoint. The PPI thinks about three regions of generation: industry-based, product based and item based last interest transitional interest. It was known as the discount value file, or WPI, until 1978.  

5 0
3 years ago
B.F. Goodrich has been manufacturing and marketing automotive tires for over one hundred years. It spends much of its marketing
hjlf

Answer:

maturity

Explanation:

Based on the information provided within the question it can be said that the tires are in the maturity stage of their product life cycle. This is the longest stage in the product life cycle in which the introduction and growth stages has already passed and the product advertisements have minimal impact on sales since people have already seen the product. This seems to be the case since Goodrich has sold it's tires for more than a hundred years and only focuses on short term marketing.

8 0
3 years ago
Carmen Company issued 10-year bonds on January 1. The 15% bonds have a face value of $100,000 and pay interest every January 1 a
il63 [147K]

Answer:

d. $7,032          

Explanation:

The computation of the interest expense is shown below:

= Sale value of the bond × market interest rate ÷ 0.5

= $117,205 × 12% ÷ 0.5

= $117,205 × 6%

= $7,032

Simply we multiply the sale value of the bond with the market interest rate so that the accurate amount of the interest expense can come.

We divide it by 0.5 because as the number of months is 6 months and total months is 12. The six month is calculated from the January 1 to July 1

4 0
3 years ago
When inspecting a fire extinguisher:
NikAS [45]
B because it the right answer there
7 0
3 years ago
Other questions:
  • A perfectly competitive industry consists of many identical firms, each with a long-run average total cost of LATC = 800 – 10Q +
    5·1 answer
  • Some people consistently make great investment decisions. Why?
    14·1 answer
  • How does Wikipedia work? What is different about this operation from other encyclopedias?
    6·2 answers
  • Icarus Inc. manufactures fighter planes for the government. It made a strategic decision to outsource the production of wings an
    6·1 answer
  • Which is the most accurate definition of bankruptcy?
    12·1 answer
  • What is the marginal product? (A.)amount of input used in the coat of production (B.)increase in input added by the last unit ou
    13·1 answer
  • A year ago, Kim Altman purchased 200 shares of BLK, Inc. for $25.50 on margin. At that time the margin requirement was 40 percen
    8·1 answer
  • A client invests in an equity indexed annuity that has a guaranteed rate of 3% annual return, a 10% cap and 80% participation. i
    6·1 answer
  • What is a DBA name, and when does a company need one?
    15·1 answer
  • The law of demand says that as the price of a good decreases, the quantity demanded of the good __________.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!