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
Answer:
12
Step-by-step explanation:
So, she practices 12 hrs per week, and already has practiced 3 hrs this week.
This means she has 9 hrs left to practice.
3/4 of an hour is one session, so to find out the number of sessions she needs, you have to do (9 hours)/(one session)
which is basically 9 / ( 3/4)
She needs 12 more sessions.
<h2><u>Answer:-</u></h2>
Given:
Two angles form a linear pair.
It means sum of their measures = 180°.
And,
Measure of one angle is 24° greater than the other.
Let the other angle be x.
→ First angle = (x + 24)
According to the question,
<h3>→ x + x + 24 = 180</h3>
→ 2x = 180 - 24
→ 2x = 156
→ x = 156/2
<h3>→ X = 78°</h3>
<u>There</u><u>fore</u><u>,</u>
- 1st angle = 78°
- 2nd angle = 78° + 24° = 102°
