Based on the balance sheet of Company MSK, we can find the unknown amount of Net Income (loss) to be $18,843.
<h3>What is the Net Income (loss)?</h3>
The Assets as at 2021 should be equal to the sum of liabilities and equity.
The Equity is:
= Issued stocks + Net income - Dividends
The missing figure is therefore:
35,564 = 15,721 + 1,400 + Net Income - 400
Net Income = 35,564 + 400 - 15,721 - 1,400
= $18,843
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Answer: D) 10 jerseys
Step-by-step explanation:
Let j represent the number of jerseys and C for total cost
Local company eqn: C = 5.25j + 45
Online company eqn: C = 7.75j + 20
Set both sides equal to solve:
5.25j + 45 = 7.75j + 20
5.25j - 7.75j = 20 -45
- 2.5j = -25
j = 10
Therefore, the cost is the same for both companies when 10 jerseys are sold
Answer:
1,311
Step-by-step explanation:
Y = 3.5x + 6
Shows the 6 inital fee plus the 3.50 for each pound
Answer:
7
Step-by-step explanation:
