The preparation of Reading Readiness, Inc.'s multi-step Income Statement for the month ended January 31 is as follows:
Reading Readiness, Inc.
Income Statement
For the month ended January 31
Sales Revenue $175,500
Less:
Sales Returns 4,700
Sales Discounts 6,000
Net Sales $164,800
Cost of Goods Sold 67,700
Gross profit $97,100
Expenses:
Salaries and Wages $25,900
Depreciation Expense 13,800
Rent Expense 24,000
Operating expenses $63,700
Operating income $33,400
Interest Expense 1,600
Income before tax $31,800
Income tax expense 7,700
Net income $24,100
Data and Calculation:
Gross profit percentage = 59% ($97,100/$164,800 x 100)
Thus, the net income after deducting the income tax expense is $24,100.
Learn more: brainly.com/question/24257787
The problem simplified is 36√ 2abc
Answer:
t=9
Step-by-step explanation:
Move all terms that don't contain
t to the right side and solve.t=9
constant cost of 12
$1 for rides.
the number of rides you take is unknown, x
so its f(x) = 1x +12 or x+12
so if you rode 20 rides its
f(20) = 20+ 12 =32
A confidence interval tells us how many percents we are confident about the range of a parameter. In this problem, <span>a 95% confidence interval for the mean number of hours spent relaxing or pursuing activities they enjoy was (1.38, 1.92). That means we're 95% confident that the Americans spend from 1.38 hours to 1.92 hours per day on average relaxing or pursuing activities they enjoy. In other words, 95% of the samples of the same size would have a mean number of hours relaxing or pursuing activities they enjoy between 1.38 to 1.92.</span>
