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GrogVix [38]
3 years ago
9

Finn is interested in taking over a small business, but he wants to pay a fair price for it, so he consults their income stateme

nts. How can he determine the company's overall profitability in each quarter of the previous year?
a. Calculate total revenue minus taxes paid.
b. Calculate operating revenue minus operating expenses.
c. Calculate total revenue minus operating expenses.
d. Calculate total revenue minus total expenses
Business
1 answer:
Diano4ka-milaya [45]3 years ago
4 0

Answer:

d. Calculate total revenue minus total expenses

Explanation:

Profit is Calculated as Total revenue minus Total expenses. Therefore, consider all Incomes generated by the Business whether Primary or Secondary. Also consider all Expenses incurred by the business including Non - Operating expenses.

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A comparative income statement is given below for McKenzie Sales, Ltd., of Toronto: McKenzie Sales, Ltd. Comparative Income Stat
vfiekz [6]

Answer:

See explanation section

Explanation:

See image below to get the possible answer:

3 0
3 years ago
Data were collected on the amount spent by 64 customers for lunch at a major Houston restaurant. These data are contained in the
Naddik [55]

Answer:

a) ME= 1.93

b) confidence interval= (19.59,23.45)

Explanation:

a) Sample of customers is 64, population standard deviation is 6 and confidence level is 99%

Sample mean= 21.52

Sample size= 64

Confidence level= 99%

Population standard deviation= 6

Standard error of the mean= 0.75

Z-value= -2.5758 (From Z table)

Interval half width= 1.9319

Margin of error at 99% confidence interval is 1.93 from the output.

b) Confidence interval

Interval upper limit= 19.59

Interval lower limit= 23.45

99% confidence interval is (19.59, 23.45) from the output.

ME= \frac{23.45-19.59}{2}= 1.93

5 0
3 years ago
Sunshine Manufacturing Jafina works for a Sunshine Manufacturing, where her team shares a machine and materials with another tea
Xelga [282]

Answer: Sequential Interdependence.

Explanation:

Sequential Interdependence in a

organization is the dependence of a department on another department in that organization for resources or machines that they have just concluded using. Sequential Interdependence also explains the reliance of a department on the information that directly emanates from another department.

4 0
4 years ago
The _____________ holds that a rise in price level will make domestic goods relatively more expensive, ____________ exports and
exis [7]

The interest holds that a rise in price level will make domestic goods relatively more expensive, rate exports and effect imports.

<h3>What are domestic goods?</h3>

domestic goods  are goods that are being produced locally in a particular country which can as well be exported out.

In this case, The interest holds that a rise in price level will make domestic goods relatively more expensive, rate exports and effect imports.

Learn more about domestic goods on:

brainly.com/question/1383956

#SPJ1

3 0
2 years ago
What is the value of an annuity due at the end of 15 years of quarterly deposits of $2,000.00 with terms of 8 percent compounded
elena55 [62]

Explanations:

The formula for future value given

deposit amount, A = 2000

deposit interest,  i = 8% annually = 8/4 = 2%, compounded quarterly

compounding period = quarterly

number of periods, n = 15 years = 4*15 = 60 periods (quarters)

The future value is given by:

FV = A*((1+i)^n-1)/i

= 2000*(1.02^60/0.02)

= $228103.08  (rounded to the nearest cent).

The difference in the answer choice is probably due to the teacher's calculator does not have sufficient accuracy.

4 0
3 years ago
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