subject
Business, 10.09.2019 00:20 chilanka

Use the following information to compute net income.
the income tax rate is 40%.
sales 10,000
dividends 700
cost of goods sold $ 4,000
interest expense 1,100
selling and administrative expense 1,750.
a. 1,260b. 1,190c. 1,890d. 1,470e. 980

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 11:40
Define the marginal rate of substitution between two goods (x and y). if a consumer’s preferences are given by u(x,y) = x3/4y1/4, compute the consumer’s marginal rate of substitution as a function of x and y. calculate the mrs if the consumer has chosen to consumer 48 units of x and 16 units of y. show your work. (use the back of the page if necessary.
Answers: 3
question
Business, 22.06.2019 23:00
Which of the following is not one of the four principles of bottleneck management? a. increasing capacity at non-bottleneck stations is a mirageb. lost time at the bottleneck is lost system capacity.c. release work orders to the system at the bottleneck's capacity pace.d. increased bottleneck capacity is increased system capacity.e. bottlenecks should be moved to the end of the system process.
Answers: 1
question
Business, 22.06.2019 23:50
Analyzing operational changes operating results for department b of delta company during 2016 are as follows: sales $540,000 cost of goods sold 378,000 gross profit 162,000 direct expenses 120,000 common expenses 66,000 total expenses 186,000 net loss $(24,000) suppose that department b could increase physical volume of product sold by 10% if it spent an additional $18,000 on advertising while leaving selling prices unchanged. what effect would this have on the department's net income or net loss? (ignore income tax in your calculations.) use a negative sign to indicate a net loss answer; otherwise do not use negative signs with your answers. sales $answer cost of goods sold answer gross profit answer direct expenses answer common expenses answer total expenses answer net income (loss) $answer
Answers: 1
question
Business, 23.06.2019 00:00
Which of the following statements is correct? a major disadvantage of a partnership relative to a corporation is the fact that federal income taxes must be paid by the partners rather than by the firm itself. in a typical partnership, liability for other partners’ misdeeds is limited to the amount of a particular partner’s investment in the business.true in a limited partnership, the limited partners have voting control, while the general partner has operating control over the business, and the limited partners are individually responsible, on a pro rata basis, for the firm’s debts in the event of bankruptcy. partnerships have more difficulty attracting large amounts of capital than corporations because of such factors as unlimited liability, the need to reorganize when a partner dies, and the illiquidity of partnership interests.
Answers: 1
You know the right answer?
Use the following information to compute net income.
the income tax rate is 40%.
sales...
Questions
question
Mathematics, 19.11.2020 18:40
question
Mathematics, 19.11.2020 18:40
question
Biology, 19.11.2020 18:40
Questions on the website: 13722367