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Effectus [21]
3 years ago
10

If assets total 45,000, expenses total 10,000, revenues total 35000, and stockholders' equity equals 30,000 what is the amount o

f net income?
Business
1 answer:
salantis [7]3 years ago
7 0

Answer:

$25,000

Explanation:

Calculation for the what is the amount of net income

Using this formula

Net income= Total Revenues-Total expenses

Let plug in the formula

Net income= 35,000+10,000

Net income=$25,000

Therefore the amount of net income will be $25,000

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Colter Steel has $5,400,000 in assets. Temporary current assets $ 2,800,000 Permanent current assets 1,590,000 Fixed assets 1,01
Mademuasel [1]

Answer:

Explanation:

Long term Financing = Permanent Current Assets + Fixed Assets

Long term Financing = $1,590,000 + $1,010,000  = $2,600,000

Short Term Financing = Temporary Current Assets  = $2,800,000

Long Term Interest Expense = $2,600,000 * 0.17 = $442,000

Short Term Interest Expense = $2,800,000 * 0.12 = $336,000

Total Interest Expense = $442,000 + $336,000  = $778,000

Earnings before Taxes = Earnings before Interest & Taxes - Interest Expense

Earnings before Taxes = $1,140,000 - $778,000  = $362,000

Earnings after Taxes = Earnings before Taxes * (1 – Tax rate)

Earnings after Taxes = $362,000 * (1 – 0.40)  = $217,200

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3 years ago
What is the cheif reason why a person would become a supervisor?
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The right answer for the question that is being asked and shown above is that: "C. work-related knowledge." the chief reason why a person would become a supervison is that of <span>work-related knowledge .</span>
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3 years ago
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Where do the prime minster lives
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Answer:

of which country!!!!!!!!!!!!!!!!!!!

The Prime Minister's official residence is 10 Downing Street; the Chancellor's official residence is Number 11. The government's Chief Whip has an official residence at Number 12. In practice, the individuals involved may live in different flats; the current Chief Whip actually lives at Number 9.

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A company that continually adds more features to an existing product to try to appeal to more customers may end up overwhelming
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A company that continually adds more features to an existing product to try to appeal to more customers may end up overwhelming customers and create an unintended consequence known as Feature fatigue.

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2 years ago
Quick Corp. has $270,000 of outstanding accounts receivable. On March 10, 1988, Quick assigned a $30,000 account receivable due
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Answer:

quick

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