1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
12345 [234]
3 years ago
9

Charlie's Chocolates' had stock issuances of $64,000 and dividends of $27,000. The company has revenues of $97,000 and expenses

of $71,000. Calculate its net income.
Business
1 answer:
muminat3 years ago
3 0

Answer:

$26,000

Explanation:

Revenue for Charlie's chocolate is $97,000

Expenses is $71,000

Therefore the net income can be calculated as follows

= revenue - expenses

= $97,000-$71,000

= $26,000

Hence the net income is $26,000

You might be interested in
An economist has conducted extensive research and has found that jones cola is a substitute for tucker cola. ceteris paribus, th
madam [21]

Answer: Increase in demand

Explanation: Change in demand occurs when factors affecting demand other the its price changes. While, a change in quantity demanded occurs when the price of the good changes other things constant. Since, jones cola and tucker cola are substitutes to each other. A rise in the price of jones cola will shift demand towards tucker cola. This, will lead to a rightward shift in the demand curve for tucker cola and an increase in demand for tucker cola.

8 0
4 years ago
What did the Supreme Court decide about the use of prayers to open government meetings in 2014?
harkovskaia [24]

Answer:

The Supreme Court decided that the use of prayers to open government meetings in 2014 is constitutional and that such meetings can hold, even if it clearly favors one faith, provided that there is no attempt to harass, intimidate, or coerce other religion believers.

5 0
3 years ago
_____ is a stage of vertical integration that occurs when a company transforms a product from one stage to the next so that it h
postnew [5]

Answer:

Forward integration

Explanation:

The stage of vertical integration that occurs when a company transforms a product from one stage to the next so that it has more worth to the next company at the next stage in the chain is called the forward integration, a company transforms a product from one stage to the next so that it has more worth to the next company at the next stage in the chain by merging with business entities that were its customers while still maintaining control over its initial business. the major components of supply chain include raw materials, intermediate goods, manufacturing, marketing and sales, and after-sales service, Examples include iron mining companies that own "downstream" activities such as steel factories. The forward integration of this company will sustain profit of the company while minimizing loss of profits to the intermediate entities.

4 0
4 years ago
Deere company holds a​ $10,000 note receivable dated july​ 1, 2015, with​ 10% interest. what adjusting entry is needed on decemb
Ket [755]
<span>b. debit interest receivable for​ $500 and credit interest revenue for​ $500
</span>
7 0
3 years ago
Suppose that Sam, an economist from a research institute in Texas, and Teresa, an economist from a public television program, ar
Anuta_ua [19.1K]

Answer:

The correct answer is letter "B": differences in perception versus reality.

Explanation:

In the discussion, it is clear to see that Sam believes it is unfair to tax "responsible" people so others can benefit from the money collected. Whereas Teresa believes that providing part of those funds to promote health care programs is fair. The different points of view reflect a difference in perception over reality mostly in Sam's cases since not only "responsible" people are taxed. Everybody with revenue is. Even people who eventually benefit from social programs pay taxes too.

8 0
3 years ago
Other questions:
  • An advantage of the prototype model in describing how we think about concepts is that
    12·1 answer
  • Gomez runs a small pottery firm. He hires one helper at $16,500 per year, pa $22,500 per year on materials. He has $40,000 of hi
    6·1 answer
  • Rahm's credit card issuer calculates interest based on the outstanding
    15·1 answer
  • City Gas is a natural monopoly that supplies natural gas to a particular city. Its cost and demand information are given below.
    8·1 answer
  • How much water needs to be mixed with three liters of
    9·1 answer
  • Shannon has been a member of her school's newspaper club for 2 years and attends writing workshops in her free time.Which career
    13·2 answers
  • The manager of a fashionable restaurant open Wednesday through Saturday says that the restaurant does about 35 percent of its bu
    9·1 answer
  • How does a realistic market potential estimate affect small business success?
    14·1 answer
  • The graph shown below shows the relationship between the age of drivers and the number of car accidents per 100100100 drivers in
    9·2 answers
  • If your goal is to save more
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!