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quester [9]
3 years ago
6

Question five help please

Business
1 answer:
Ratling [72]3 years ago
5 0

Answer:

Its 4

Explanation:

hope it helps !!

brainliest plzzzz:))

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A company's financial records at the end of the year included the following amounts: Cash $70,000 Accounts Receivable 28,000 Sup
riadik2000 [5.3K]

The income statement for the year will show a net income of 87,000 during the financial year.

<h3>What is net income?</h3>

In business, net income refers to the amount of money left over after all expenditures have been paid, such as salaries and wages, the cost of items or raw materials, and taxes.

Net Income = Gross Profit — Operating Expenses — Other Business Expenses — Taxes — Interest on Debt + Other Income

Given:

Cash = $70,000

Accounts Receivable =28,000

Supplies= 4,000

Accounts Payable = 10,000

Notes Payable = 5,000

Retained Earnings, beginning of year = 17,000

Common Stock=  40,000

Service Revenue=  53,000

Wages Expense=  8,000

Advertising Expense  =  5,000

Rent Expense  = 10,000

so, the Net income during the given period will be :

NI = total revenue-total expenses

=1,02,000-15,000

=87,000

learn more about Net income:

brainly.com/question/13561878

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4 0
1 year ago
750 is what percent of 900
slamgirl [31]
83.3333333333% percent 
8 0
3 years ago
The difference between all the benefits derived from a total product and all the costs of acquiring those benefits is known as _
IgorLugansk [536]
The difference between all the benefits derived from a total product and all the costs of acquiring those benefits is known as customer value.


5 0
3 years ago
A well brand is a brand of liquor poured when a patron does not specify a particular brand.
kenny6666 [7]
Fghfjfjhfgjfgjhfg      fghgfgjfgurujgghfjjnvbjghjfgfdjhfldghodfghrgortgreiptoertjaeprtjer
teryreyeryer                                                                                                       
5 0
3 years ago
Value Products is an organization that operates several companies that market food products, restaurant equipment, and paper and
Nadusha1986 [10]

Answer: Diversification

Explanation: Diversification refers to the strategy in which the organisation tries to allocate its capital in several different businesses so that their risk exposure could be reduced.

In the given case, Value products is operating in different industries which are very much unrelated with each other. Thus, if one of their businesses incurs loss then they could cope it with the others.

Hence we can conclude that value products are pursuing diversification strategy.

4 0
3 years ago
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