Answer:
1 is 50 and 2 is 75
Step-by-step explanation:
i did the work
The preparation of Reading Readiness, Inc.'s multi-step Income Statement for the month ended January 31 is as follows:
Reading Readiness, Inc.
Income Statement
For the month ended January 31
Sales Revenue $175,500
Less:
Sales Returns 4,700
Sales Discounts 6,000
Net Sales $164,800
Cost of Goods Sold 67,700
Gross profit $97,100
Expenses:
Salaries and Wages $25,900
Depreciation Expense 13,800
Rent Expense 24,000
Operating expenses $63,700
Operating income $33,400
Interest Expense 1,600
Income before tax $31,800
Income tax expense 7,700
Net income $24,100
Data and Calculation:
Gross profit percentage = 59% ($97,100/$164,800 x 100)
Thus, the net income after deducting the income tax expense is $24,100.
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Answer:
i think the answe is A and B hope this helps
Step-by-step explanation:
Have a nice day!
Answer:
A) Lexi is 15 and Tanner is 18
B) Enrique has 24 magnets and Peter has 88 magnets
Step-by-step explanation:
1.
t = 3 + l
t + l = 33
substitute:
(t) + l = 33
(3 + l) + l = 33
3 + 2l = 33
-3 -3
2l = 30
/2 /2
l = 15
Lexi is 15
solve for t:
t + 15 = 33
-15 -15
t = 18
Tanner is 18
2.
e = p - 64
e + p = 112
substitute
(e) + p = 112
(p - 64) + p = 112
2p - 64 = 112
+ 64 +64
2p = 176
/2 /2
p = 88
Peter has 88 magnets
e + (p) = 112
e + 88 = 112
- 88 - 88
e = 24
Enrique has 24 magnets