Answer:
The Income Statement is-
Sales = $435,000
Costs = 216,000
Depreciation = 40,000
EBIT= $179,000
Interest = 21,000
EBT = $158,000
Taxes = 55,300
Net income = $102,700
I have done this question before in my "Money Management" Dual enrolled class.
:)
The answer is b or a but I mean it both means the same thing, if this is on Plato it's a
It can be concluded from the Labor Union goals that changes in the social and economic environment determine the goals of labor in a given period. Thus the First option is correct.
<h3>What is Economic Environment?</h3>
Economic environment refers to the External factors of the economy which affects the working of the Company. For example The rise in the prices of the fertilizer will affect the farmer.
The goal of the labor union defines the changing patterns of the social and the economic environment estimates the aim of the labor in the given period of the time.
Learn more about the Economic environment here:
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<span><span>1. </span>Discuss the following statement: "Corporations are not
really run by their owners." Corporations are run by everyone who works
for the corporation and without everyone working together, it will not run
smoothly and bring in revenue.
</span>
<span>
2. Why might an investor choose to become a partner in a limited partnership
instead of purchasing the stock of an open corporation? If an investor decided
to join in a limited partnership instead of purchasing the stock on an open
corporation they would have less to do with the business side as they would in
an open corporation. When an investor joins in a limited partnership they have
less management responsibility and little to no liability besides their initial
investment.
</span>
<span>
3. Is growth a good thing for all firms? How does management know when a firm
is ready to grow? Growth is not a good thing for all firms. Depending on what a
company is looking to achieve long term, the financial assets they have now to
achieve their growth and other goals are all subject to what the company is
able to do with the finances and staffing they have. When a corporation is
trying to decide whether or not they should grow, management will examine all
aspects of the company to make sure they align with the growth plan.
</span>
<span>
4. If you were to start a business, which ownership form would you choose? What
factors might affect your choice? If I were to start a business, I would
probably choose a limited liability company (LLC) as the ownership form and
structure. An LLC is where the members within the company are not held personally
liable for the company’s debts or liabilities. Think ownership form works well
if you were to join forces an open up a business with a friend or family member.
An LLC keeps the tax side of the business easier as allowing the individuals to
be self-proprietors. When considering factors that may change this decision
they would include: who I am going in business with, what I am in business for,
my end goals, current goals and current financial status. </span>