Nataro, Incorporated, has sales of $742,000, costs of $316,000, depreciation expense of $39,000, interest expense of $34,000, an
LenaWriter [7]
Based on the information given the net income is $278,870.
<h3>Net income </h3>
Sales $742,000
Less Costs ($316,000)
Les Depreciation ($39,000)
EBIT $387,000
Less Interest ($34,000)
Taxable Inc. $353,000
Taxes (21%) $74,130
($353000×21%)
Net Income $278,870
($353,000-$74,130)
Inconclusion the net income is $278,870.
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answer
<em>c </em><em> </em><em>i </em><em>don't </em><em>need </em><em>to </em><em>explain </em><em>I'd </em><em>take </em><em>c</em>
Answer:
$2.07
Explanation:
the complete answer details is found in the attachment below
Based on the sales revenue and the net accounts receivable, the receivables turnover ratio is 12 times .
<h3>What is the receivables turnover ratio?</h3>
This can be found as:
= Net sales revenue / Average accounts receivable
Solving give:
= 720,000 / (62,000 + 58,000) / 2
= 720,000 / 60,000
= 12 times
Find out more on receivables turnover ratio at brainly.com/question/27523896.
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Answer: C. Decreasing returns to scale
Explanation: Economic of scale refer to a situation where as the level of output increases, the average cost will decrease. In the case of constant return to scale here the average cost will not change as the output increases.
In this question the firm is operating in the negative sloped portion of the long-run average total cost curve, which shows that it has a "Decreasing returns to scale " .
