Answer:
EBT= $5,000
Explanation:
<u>We need to calculate the earnings before taxes:</u>
Sales= 500*15= 7,500
COGS= 500*2= (1,000)
Gross profit= 6,500
Depreciation= (500)
Interest= (1,000)
EBT= 5,000
<u>Now, if we want to continue and calculate the net income:</u>
EBT= 5,000
Tax= (5,000*0.35)= (1,750)
Depreciation= 500
Net income= 3,750
<span>If there are too many units of any currency in circulation, this will cause an over-abundance of currency which will lead to inflation where value is lost. Retaining old currency will lead to confusion, so it's important that when a new currency is introduced a deadline is imposed on when an old currency must be used or exchanged by.</span>
Answer:
Therefore, An office is an important part of the organization in which different administrative and clerical functions are performed to achieve the objective of the organization. It has given importance to a functional area of business rather than a specific place. ... The office is the brain of an organization.
Answer:
Explanation:
The solutions have been attached, please check