The preparation of Reading Readiness, Inc.'s multi-step Income Statement for the month ended January 31 is as follows:
Reading Readiness, Inc.
Income Statement
For the month ended January 31
Sales Revenue $175,500
Less:
Sales Returns 4,700
Sales Discounts 6,000
Net Sales $164,800
Cost of Goods Sold 67,700
Gross profit $97,100
Expenses:
Salaries and Wages $25,900
Depreciation Expense 13,800
Rent Expense 24,000
Operating expenses $63,700
Operating income $33,400
Interest Expense 1,600
Income before tax $31,800
Income tax expense 7,700
Net income $24,100
Data and Calculation:
Gross profit percentage = 59% ($97,100/$164,800 x 100)
Thus, the net income after deducting the income tax expense is $24,100.
Learn more: brainly.com/question/24257787
Answer:
-4 and 4
Step-by-step explanation:
<u>Method 1</u>
Apply Difference of Two Squares Formula: 
Given 
Rewrite 16 as 4²
Therefore, 
and 
<u>Method 2</u>
Given equation:
Add 16 to both sides:
Square root both sides:
Therefore, x = -4, x = 4
A rectangular floor covered without overlaps or gaps by 7 identical tiles, each of the length l and with w. If the w=12 ft, what is the total area of the floor?
Answer:A number decreased by 40
Step-by-step explanation: I really don't feel like explaining this lol...
