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ki77a [65]
3 years ago
12

Joe and Janice run an accounting firm. The firm receives $5,000,000 as income from its services. It pays an annual rent for offi

ce premises amounting to $240,000. The salary paid to staff amounted to $100,000. Other operating expenses added up to $24,000. What is the net income earned by their business? The total expenses of the accounting firm amounted to $ . Thus, the net income earned by the business is $ .
Business
1 answer:
Alexus [3.1K]3 years ago
3 0

Answer:

Expenses:  $364,000.00

Net income :  $4,636,000.00

Explanation:

The total expenses will be the sum of

Rent     $240,00.00

Salaries     $100,000.00

Operating expenses   <u>$24,000.00</u>

Total expenses   <u>$364,000.00</u>

Net income is the total revenue - total expenses

=$5,000,000.00  - $364,000.00

=$4,636,000.00

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Based on the CPI in both places, the Brexington salary in Charlieville is $30,000.

<h3>Brexington salary in Charlieville </h3>

This can be found by the formula:

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Solving gives

= 50,000 x (90 / 150)

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3 years ago
Leaders at ElectroExpo Inc. want to develop a results-oriented organizational culture. To do this, they devise a new system to m
neonofarm [45]

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Explanation:

With regards to the information given in the question, the best option will be for the leaders to find ways to enable the employees to see the value in changes that are needed for the organization to succeed.

In every organization, communication is key between the management and the employees. In this case, the leaders should inform the employees about the reason that they are taking the decision and how the decision will have an impact on the organization.

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5 0
3 years ago
Thomas Kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operat
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Answer:

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Explanation:

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b. And, the average inventory is

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B. Right to simplicity

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70,000
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Paid 10,000 owed
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