Answer:
b. $65,000
Explanation:
Particulars Amount
Revenues
Service Revenue $390,000
Less: Sales Return and allowance $10,000
Less: Sales Discount <u>$5,000 </u>
Net Sales Revenue $375,000
Less: Cost of Goods Sold <u>$200,000</u>
Gross Profit $175,000
Less: Operating Expenses <u>$110,000</u>
Operating Income <u>$65,000</u>
Thus, income from operation is $65,000
If the buyer and seller have not reached a resolution on inspection issues by the Inspection Resolution Deadline the contract will terminate: on the expiration of the resolution deadline.
<h3>What is the contract of sale of goods?</h3>
(1) There may be a contract of sale between two co-owners in which the seller transfers, or agrees to transfer, the property in the products to the buyer in exchange for a monetary sum known as the "price." (2) A selling agreement may be either unconditional or conditional.
<h3>How is contract of sale made answer?</h3>
A contract of sale may be made verbally, in writing, partially verbally and in writing, or it may be implied from the behavior of the parties, according to the provisions of any legislation currently in effect.
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Guarantee cash flow. Sorry if I'm wrong
Hey <span>darwintoribio6449, thanks for submitting your question!
The answer to your question is aggregate demand.
</span><span>Aggregate demand is the total </span>demand<span> for final goods and services in an economy at a given time. It specifies the amounts of goods and services that will be purchased at all possible price levels.
This is the </span>demand<span> for the gross domestic product of a country.
</span><span>
Please let me know if you need any help with anything else, have a good one!
</span>
Answer:
$6.25 million
Explanation:
Calculation for free cash flow
Using this formula
Free Cash Flow = (Revenues - Expenses-Depreciation) × (1–Tax rate) + Depreciation
Let plug in the formula
Free Cash Flow= ($20 million - $12 million - $3 million ) × (1–0.35) + $3 million
Free Cash Flow=($5 million*0.65)+$3 million
Free Cash Flow=$3.25million+$3 million
Free Cash Flow=$6.25 million
Therefore free cash flow for the first and only year of operation wiill be $6.25 million
