Answer:
Total Assets = $2391000
Net Income = $318000
Explanation:
The corrected amount for total assets and net income for the year :
Total Assets = $2391000
Net Income = $318000
Answer:
<em>Economic growth refers to a steady increase in the production of goods and services in an economic system.</em><em> </em><em><u>True</u></em>
Answer:
40%
Explanation:
Initial amount invested = $50 × 100 × 50% = $2,500
Profit from sale and repurchase = ($50 - $40) × 100 = $1,000
Rate of return = $1,000 ÷ $2,500 = 0.40, or 40%.
Therefor, the rate of return would be 40%.
Answer:
total revenue = is 99300
Explanation:
given data
expects to sell in October = 3,000 units
expects sales to increase = 10%
Sales price stay constant = $10 per unit
solution
we get revenue hereby the sum of revenue of oct + nov + dec
revenue = price × quantity .........................1
total revenue = is 99300