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2 years ago

8

At the end of its first month of operations, a company reported Revenue of $37,000. It also reported Wages Expense, $6,000; Rent

Expense, $5,000; and Utilities Expense, $1,000. Calculate net income reported on the income statement at month-end.

1 answer:

Alexxx [7]2 years ago

8 0

Net income = Total revenues — Total expenses

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3 years ago

When new entrants into a competitive market have higher costs than existing firms, A. sunk costs become an important determinant

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Answer:

C.

Explanation:

When new entrants into a competitive market have higher costs than existing firms, market price will rise.

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3 years ago

Which of these statements about game design is FALSE?

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When it comes to game design, it is false to say that<u> </u><u>Games design </u><u>is not a </u><u>STEM career</u><u> because it is just abou</u><u>t making entertainment.</u>

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Is quite iterative.
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2 years ago

The U.S. National Treasury issued $3 million of 2.7% bonds, due in 10 years, with interest payable annually at year-end. Calcula

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Answer:

$81000

Explanation:

The calculation is simple. Bond interest is simply calculated by multiplying bond value with the assorted interest rate.

For example

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Hope that helps.

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3 years ago

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Answer:

cannot be provided to one person without making it available to others as well.

Explanation:

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A private good is a good that is excludable and rivalrous.e.g. a privately owned car

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3 years ago