Answer:
The company's net income for the month was $27 comma 000
Explanation:
Net income = Total Sales - total expense
During the month of May,
Total Sales = credit sales + cash sales = $35,000 + $25,000 = $60,000
The company paid wages of $ 24 comma 000, the wages expense was $ 24 comma 000.
The company paid utilities of $ 9 comma 000, the utilities expense was $ 9 comma 000
Total expense = wages expense + utilities expense = $24,000 + $9,000 = $33,000
The payment that the company received from its customer was not the sales or expense. It made increase cash and reduce account receivable.
Net income = $60,000 - $33,000 = $27,000
Answer:
Annual
Explanation:
The ANNUAL compounding periods will yield the lowest effective annual rate given a stated future value at year 5 and an annual percentage rate of 10 percent
Better school supplies and better paper and printers to
Answer:
The correct answer is A. One of the benefits of the current pattern of global trade is that consumers pay lower prices for goods and services.
Explanation:
Today, globalization has expanded international markets, interconnecting nations and their economies through free trade agreements, tariff elimination agreements and even through the transfer of companies from developed countries to peripheral countries, generating work in these nations and lowering production costs that allow reducing prices. All this allows consumers to access goods and services at a much lower cost than they previously accessed, thus reducing the amount they dedicate to consumption and thus increasing the performance of their wages, even allowing poverty reduction and a greater quality of life for people.
Answer:
Jacko Inc Costo fo Capitak8.15%
Explanation:
From the gordon model for stock valuation
<em><u>we clear and solve for cost of equity </u></em>
D1 = D0(1+g)= 0.8 (1.08) = 0.0864
P 57.5
g 0.08
Ke 0.081502609 = 8.15%
