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
vovangra [49]
3 years ago
11

The owners equity in a business amounted to $56,000 at the beginning of the year and $100,000 at the end of the year. the owner

had made no additional investments and had withdrawn $19,000 during the year. the net income for the year amounted to
Business
1 answer:
natta225 [31]3 years ago
4 0
Net income = revenue - expenses.

The revenue was $100,000 + $19,000 = $119,000
Expenses was $56,000

$119,000 - $56,000 = $63,000 


The net income is $63,000.
You might be interested in
When responding to questions face-to-face, how should you organize your response?
iragen [17]

Answer:

A. Using the same format you would use if you were responding in writing

Explanation:

here the answer should be A that is

A. Using the same format you would use if you were responding in writing.

What this means is that,  the response should be neutral and catered in a way that we would if we're writing the answer in order to allow a better, more neutral understanding of the process, unless otherwise stated.

7 0
2 years ago
Aneko is a media buyer with simantel, an advertising agency. Aneko typically purchases radio and television commercial time slot
Tema [17]

If Aneko typically purchases radio and television commercial time slots for local customers.  These commercials are examples of <u>measured </u>media.

<h3>What is Measured Media?</h3>

Measured media is a media that comprises of the following:

  • Newspaper
  • Publishing
  • Radio broadcast
  • Television broadcast

Measured media is important as it enables business owners to know the best media platform to choose when it comes to advertising their product.

Therefore these commercials are examples of <u>measured </u>media.

Leatn more about measured media here:brainly.com/question/24018854

7 0
2 years ago
What is choice ? Choice is problem how
lora16 [44]

Answer:

Problem of choice refers to the allocation of various scarce resources which have alternative uses that are utilized for the production of various commodities and services in the economy for the satisfaction of unlimited human wants.

8 0
2 years ago
To estimate the company's WACC, Marshall Inc. recently hired you as a consultant. You have obtained the following information. (
frez [133]

Answer:

The correct answer is: 8.72%

Explanation:

Cost of debt K d = I (1 – t) + (-pi)/n

(SV + RV)/2

= 80(1 – 0.40) + (-75)/25

(1,000 + 1,075)/2

= 0.043 or 4.3%

Cost of equity K e = R f + b (R m – R f)

R m – R f = 5.5% = market risk premium

R f = risk free rate = 4.5%

B = beta = 1.2

K e = 4.5% + 1.2(5.5%)

= 11.1%

WACC = W d * K d + We * K e

= 35% * 4.3% + 65% * 11.1%

= 1.505 + 7.215

= 8.72%

3 0
3 years ago
Barbara wanted to go into the long-distance trucking business. She bought a used tractor and trailer for $102,000. However, the
Norma-Jean [14]

Answer:

Basis in the tractor 78.000 and new trailer basis 30.000

Explanation:

The adjusted basis is referred to as the cost basis of the assets as reduced by  the cost recovery amount including the depreciation at the point of sale. Alternatively, the adjusted basis can be termed as the unrealized cost basis of the assets. The formula for the adjusted basis is:

Adjusted basis = cost basis - Cost recovery deductions

The adjusted basis for B's tractor and trailer is calculated as follows:

Adjusted basis for tractor = Cost of tractor

=102.000 - 24.000

=78.000

Adjusted basis for new trailer = Cost of trailer

=30.000

3 0
3 years ago
Other questions:
  • A client who is a skilled artist and has an Associate’s degree from the local community college, is interested in becoming a med
    12·1 answer
  • You sold a car and accepted a note with the following cash flow stream as your payment. What was the effective price you receive
    5·1 answer
  • Using what you have learned in your focus group, you begin your analysis of the buyer decision process. In the first stage of th
    13·1 answer
  • Alfred, the director of a large company producing construction materials, is linked through a professional network to several ma
    8·1 answer
  • Suppose that the federal government places a binding price floor on chocolate. To help support the price floor, the government p
    11·1 answer
  • El señor Mario estevan cifuentes quiere saber cuanto se le retiene del ISR si gana Q.14,300
    11·1 answer
  • A financial analyst, assesses the likelihood of various possible future values of a stock price, assigns the following probabili
    13·1 answer
  • What are the benefits of bank feeds in Quickbooks online?
    6·1 answer
  • What are hard skills?
    5·1 answer
  • Suppose the government introduces tax incentives to increase private household saving. What would be the effect on net capital o
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!