Answer:
a) Net Income = 68200
b) Tingler net income= 8645
Shocker net income=29655
Total net income=38300
c) No, because net income would decrease from 68200 to 38300.
Explanation:
Find the attachment for explanation/solution.
Answer:
A. $50 increase
Explanation:
Basically there are three types of activities:
1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.
2. Investing activities: It records those activities which include purchase and sale of the fixed assets
3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.
The change in net cash provided by operation is shown below:
= Investment made - purchased goods on credit - paid amount
= $300 - $150 - $100
= $50
Answer:
$23,740
Explanation:
Given that,
Sales = $103,000
Fixed expenses for the month = $36,000
Contribution margin ratio = 58%
Net operating income:
= (Contribution margin ratio × Sales) - Fixed expenses for the month
= (0.58 × $103,000) - $36,000
= $59,740 - $36,000
= $23,740
Therefore, the best estimate of the company's net operating income in a month when sales are $103,000 is $23,740.
Sally is most likely in the formal operational stage of development. This answer based on Piaget's 4 stages of cognitive development which describes the stages of human's mental development. Piaget's 4 stages of cognitive development consist of the sensory motor, the preoperational, the formal operational, and the concrete operational stage<span>. Sally is in the second stage of this theory. This is because she already has developed her logical thinking.</span>
