Answer:
The answer is $ 200,000
Explanation:
The net income reported by Goodman Auto for the year was,$475,000 - $275,000 = $ 200,000.
The net income is difference between revenue earned by the company and expenses incurred in order to earn this revenue. In the problem goodman auto revenue is equal to 475,000 and expense are 275,000. So the difference between 475,000 and 275,000 will be reported as net income.
Answer:
b) because it allows specialization, which increases total output
Explanation:
Specialization is when a nation or individual concentrates its productive efforts on producing a limited variety of goods. It oftentimes has to forgo producing other goods and relies on obtaining those other goods through trade.
Answer
A detailed statement of receipts and expenditure for a period of time in the future is called a Budget
Explanation
An estimate of revenue and expenses over a particular future period of time is referred as the budget. A budget can be made for a family, for an individual or a business entity. In companies, budget is utilized as an internal tool of management.
Answer:
The max revenue is "$32,300". The further explanation is described below.
Explanation:
(a)
The composition as well as response of models within 6 rows seems to be as described in the following:
Maximum 1650B + 850N + 790P (B bracelets, N necklaces and P pins produce overall revenue)
Yes of course,
The total gold ounces will be:
⇒ 
The total labor hours will be:
⇒ 
Integers B, N, P will become
The response for LINDO is:
B=10.0.
N=0
P=20
Final Value of Maximization will be:
= 32,300
(b)
- 10 bracelets, hardly any necklaces as well as 20 pins should always be made by the shop.
- These goods utilizing 125 ounces of gold simultaneously,
- It would use 310 hours of labor although 10 hours would then stay unused.
The maximum salary will become:
= $32,300.
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