Answer:
Net Income for the year is $174,000
Explanation:
Net Income Calculation for the year is done below:
<u>Particulars</u> <u>$</u>
Revenues (290,000 + 50,000) 340,000
Less: Rent (30,000 / 2) (15,000)
Less: Salaries (110,000)
Less: Utilities (40,000 + 1,000) (41,000)
Net Income 174,000
Please note the following with regard to the calculation done above:
- Revenue includes both the cash collected from customers and cash owed by the customers, which received later on at the end of the year.
- Rent has been divided by two, this is due to the fact that calculation of net income is done for the current period so only one year rent is taken.
- Utilities include cash paid for utilities and the amount company owed to gas & electric company.
Answer:
The correct answer is letter "A": Operational control.
Explanation:
Operational control comprises the steps companies take to determine how the firm will conduct its operations. Operational control is the handbook for operations managers where the procedure for each activity in the company is explained in detail so, in front of malpractices, managers will have a clear idea on how to make assessments.
Answer:
B. Augmented products.
Explanation:
An augmented product has been improved by its seller with added features or services to recognize it from a similar product offered by its rivals. Augmenting a product includes adding intangible benefits or additional items that go past the product itself.
The actual product is the core product, whereas given by the Plezion Movie Palace to its customers is the augmented product.
To convert energy into food I think I'm not sure
