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zubka84 [21]
3 years ago
12

Sparty Corporation has provided the following information for its most recent year of operation:

Business
1 answer:
Wewaii [24]3 years ago
7 0

Answer:

E. $40,600

Explanation:

Calculation for the amount of net income reported on Sparty's income statement

Revenue $97,000

Less: Operating Expenses $39,000

Profit Before Tax $58,000

(97,000-39,000)

Less Taxes $17,400

Net Income $40,600

($58,000-$17,400)

Therefore the amount of net income reported on Sparty's income statement will be $40,600

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To create rapid growth 

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Suppose that policymakers are considering placing a tax on either of two markets. In Market A, the tax will have a significant e
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Answer:

The answer is: B) Market B

Explanation:

Deadweight loss refers to an economic loss caused by market inefficiencies.

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Business firms that sell to retailers and other merchants, and/or to industrial, institutional, and commercial users-but which d
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Please explain to me CPJ and CRJ immediately I really need in depth explanation​
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8 0
3 years ago
An income statement for Sam's Bookstore for the first quarter of the year is presented below: Sam's Bookstore Income Statement F
yawa3891 [41]

Answer:

The contribution margin for Sam's Bookstore for the first quarter is 0.84 or 84 %

Explanation:

Contribution Margin = Contribution ÷ Sales

Where,

<em>Contribution = Sales - Variable Costs</em>

where,

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Variable Costs Calculation :

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Variable selling expenses ($5 × 18,000 books)               $90,000

Variable administrative expenses( 4% × $ 900,000)       $36,000

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7 0
3 years ago
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