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timama [110]
2 years ago
15

The Nellie Company has provided the following information: Operating expenses were $115,000; Gross profit was $629,000; Cost of

goods sold was $470,000; Interest expense was $17,000; Income tax expense was $199,000. What was Nellie's operating income?A) $514,000.
B) $612,000.
C) $497,000.
D) $298,000.
Business
1 answer:
mrs_skeptik [129]2 years ago
6 0

Answer:

A) $514,000.

Explanation:

Operating income = Gross profit - Operating expenses

Operating income = $629,000 - $115,000

Operating income = $514,000

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Semenov [28]

Planning a firm's initial public offering is an example of a project that belongs to the functional area of accounting and finance.

A primary marketplace is a supply of recent securities. Frequently on a change, it is where organizations, governments, and other agencies go to achieve financing via debt-primarily based or equity-primarily based securities.

Number one markets are facilitated by way of underwriting corporations such as investment banks that set a starting charge range for a given protection and oversee its sale to buyers.

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3 0
1 year ago
Lupe rented her personal residence for 13 days to summer vacationers for $3,800.
Advocard [28]

Answer:

$95,000.

Explanation:

Adjusted gross income(AGI) is the income that is calculated after deducting all the line deduction items that are included in form 1040. It is used to calculate the net income tax due.

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7 0
3 years ago
What do you understand from the term, ‘monopoly’. Give an example of a government-created monopoly. Is creating this monopoly ne
hodyreva [135]

Answer:

A monopoly is a company that can control the market. For example the government could put a hight import tax on shoes so no one would ship shoes into the countryman this means that the only shoe brand in the country can adjust there prices of their shoes and people would still buy them because there is no other shoe brand. This shows that they have control over the market (Or sitting at at monopoly position)

4 0
3 years ago
Which of the following occupations would be best suited for someone with an intuitive-feeling style?A. Public relations B. Adver
Hitman42 [59]

Answer:

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There are 4 styles of learning namely:

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So for a intuitive-feeling style are those who continuously seek for self expression. They are not comfortable with routine tasks. Do not like following set procedures but act intuitively.

These set of people will do better on politics of public relations

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3 years ago
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