The income statement of Trixle Motors Inc. is given to you. What is the net profit for the given period? A.
$1,600,000
B.
$ 43,500
C.
$1,665,600
D.
$1,556,500

The Income Statement Of Trixle Motors Inc. Is Given To You. What Is The Net Profit For The Given Period?

Answers

Answer 1

Answer:

D.$1,556,500

Explanation:

Net profit is calculated by subtracting total expenses from total revenue.

In the case, total revenue is equal to sales revenue + interest revenue

=1,580,000 + 20,000

=1,600,000

Total expenses will be salaries + Rent + advertisement + repair

=26,000 + 6,000 + 7,000 +4500

=43,500

net profit = 1,600,000 - 43,500

net profit =1,556,500

Answer 2

Answer:

D.  

$1,556,500

Explanation:


Related Questions

What media format provides ads that do not disappear from sight or hearing
within a matter of moments?
A. Loud speaker announcements
B. Print publications
C. Television
O D. Radio
SUBMIT

Answers

Answer:

B. Print Publications

Explanation:

Speaker announcements, television, and radio ads disappear after the ad is done. But, printed ads stay on the paper.

Print publications media format provides ads that do not disappear from sight or hearing within a matter of moments. The correct option is B.

Why is print advertisement important?

Print advertisements enable businesses to reach out to these consumers and market their products or services. Print ads are ideal for local businesses: Print ads can be used by local businesses to target consumers in their area. This is an excellent strategy to raise brand recognition and gain the trust of potential customers.

Print advertising refers to advertisements that are printed in hard copy in publications that your target audience is likely to read. Benefits: By purchasing an advertisement in a large circulation magazine, you boost your chances of reaching a large audience.

Thus, the ideal selection is option B.

Learn more about print advertisements here:

https://brainly.com/question/15002007

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What were true about all the states of natures in Decision making under ignorance (hint: how likely was any one of them to happen

Answers

Answer: They would be treated equally

Explanation:

States of natures in decision making under ignorance would be treated equally, and as such they would be treated equally.

..............................

Answers

.............................. .......... ..........

Frankini has a coffee shop business he opened in the small country of Timpopo. After paying for his business license he opened the shop. Business has be increasing, but he is continually squeezed by corrupt policemen wanting bribes for protection and greedy politicians continually making new rules to extract more money from his business. Frankini’s business environment is not really supportive. What would make business in Timpopo better?

a. More international trade unions.
b. Government programs to assist the poor and needy.
c. A set of effective laws and adequate protection under those laws.

Answers

Answer: c. A set of effective laws and adequate protection under those laws.

Explanation:

Out of the options given in the question, the option that'll make business in Timpopo better is a set of effective laws and adequate protection under those laws. The set of effective laws and adequate protection would be vital in order to curb corruption in the country.

When these are out in place, the atrocities commuter by both the policemen and the greedy politicians will be curbed and this will bring about a supportive business environment.

Can anyone help me
What is more important than ability in making a good employee?
A. Education
B. Integrity
C. Family history
D. Salary

Answers

It’s either A or B I think

The more important than ability in making a good employee is the  education. Thus, option (a) is correct.

What is employee?

The term employee refers to the work in the company to earn the money. The employee is the provided the services to the company with exchange of the salary. The employees are the work with the unity are the increased the wealth of the company.

According to the employee, are the significant ability to the education. The education refers to the gaining knowledge and learning the new things. The person can earn money as they need to education. The education is level wise and based on capacity of the revised knowledge of the student. The education is included a basic necessity of the people.

As a result, the more significant than ability in making a good employee is the education. Therefore, option (a) is correct.

Learn more about on employee, here:

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Which of the following is correct?

a. APC + MPS = 1.
b. APS + MPC = 1.
c. APS + MPS = 1.
d. APC + APS = 1.

Answers

Answer:

Option d is correct.

Explanation:

We know that,

Income (Y) = Consumption (C) + Savings (S)

In can be written as

[tex]Y=C+S[/tex]

Dividing both sides by Y, we get

[tex]\dfrac{Y}{Y}=\dfrac{C+S}{Y}[/tex]

[tex]1=\dfrac{C}{Y}+\dfrac{S}{Y}[/tex]

[tex]1=APC+APS[/tex]                              [tex][\because APC=\dfrac{C}{Y}\text{ and }APS=\dfrac{S}{Y}][/tex]

Since APC+APS=1, therefore the correct option is d.

Quantitative Problem: 5 years ago, Barton Industries issued 25-year noncallable, semiannual bonds with a $1,000 face value and a 9% coupon, semiannual payment ($45 payment every 6 months). The bonds currently sell for $896.87. If the firm's marginal tax rate is 25%, what is the firm's after-tax cost of debt

Answers

Answer:

7.67%

Explanation:

The Excel rate function can be used to determine the before-tax cost of debt as follows:

=rate(nper,pmt,-pv,fv)

nper=number of semiannual coupons in the remaining 20 years=20*2=40

pmt=semiannual coupon=$45

pv=current amrket price= $896.87

fv=face value=$1000

=rate(40,45,-896.87,1000)=5.11%

5.11%  is the semiannual yield

yield to maturity=5.11%*2=10.22%

after-tax cost of debt=pretax cost debt*(1-tax rate)

tax rate=25%

after-tax cost of debt=10.22%*(1-25%)=7.67%

A company has fixed costs of $50,000 while manufacturing a product that has variable costs of $4 per unit and sells for $14 per unit. The break-even point is:_____

Answers

Answer:

the break even point in units is 5,000 units

Explanation:

The computation of the break even point in units is shown below:

= Fixed cost ÷ contribution margin per unit

= Fixed cost ÷ (Selling price per unit - variable cost per unit)

= $50,000 ÷ ($14 - $4)

= $50,000 ÷ $10

= 5,000 units

hence, the break even point in units is 5,000 units

We simply applied the above formula so that the correct value could come

And, the same is to be considered

A perfectly competitive firm should shut down immediately in order to incur only fixed costs whenever the price is

Answers

Answer:

This question is incomplete, the options are the following:

a) Higher than the average total cost.

b) Higher than the average variable cost.

c) Lower than the break-profit point.

d) Lower than the average variable cost.

And the correct answer is the option D: Lower than the average variable cost.

Explanation:

To begin with, a perfect competitive firms works in a market that has an homogeneous product as well as a lot of sellers and consumers so therefore that they are all price takers given the forces of the market and their interactions. Moreover, in the proper graphic of the perfect competition market the different cost curves and the incomes curves will show how the market behaves according to the quantities and the prices given for those quantities. So the firm will always have to shut down the production when in the graphic the price is lower than the average variable cost given the fact that from that point down the firm will not be able for cover the fixed costs.  

The manufacturing process used to make a wide variety of highly customized products typically in small quantities as small as one is a:_____

Answers

Answer:

"Job Shop" would be the appropriate solution.

Explanation:

A workshop seems to be a small enterprise or organization that makes unique items within one person at the same time. It is a production unit that deals in tailor-made including custom-built components in limited amounts. Under that same production or manufacturing economy, a large number of products are manufactured with smaller quantities requiring a remarkable setup as well as production measures.

20 Point

Which portion of the passage indicates that Neil’s prototype product requires many more changes?

1.(Neil created a robot that works on certain commands.) 2(However, the robot freezes and dismantles itself on hearing commands it does not recognize.) 3(While the robot recognizes most commands,) 4(it sometimes confuses similar-sounding commands.) 5(Neil spent five years creating this robot and invested all his savings in it.)

Answers

Answer:

Number 2 or Number 4.

Explanation:

On number 2, the robot freezes when it doesn't recognize the command. Obvious problem. On number 4, the robot confuses similar sounding commands. Also an obvious problem.

Answer:

2

Explanation:

Consider the economy of Athenia. In 2018, Athenia has a GDP of $100 billion and a net national debt of $50 billion. Over the next 5 years, Athenia experiences economic growth, increasing its GDP to $120 billion in 2023. During the same 5 year period, the net national debt increases to $55 billion. Calculate Athenia's debt ratio for 2018 and 2023.

Answers

Answer:

2018 50 %

2023 45.8%

Explanation:

Calculation for Athenia's debt ratio for 2018 and 2023

Calculation for 2018 Athenia’s debt ratio using this formula

2018 Athenia’s debt ratio=2018 Net national debt/2018 GDP

Let plug in the formula

2018 Athenia’s debt ratio= ( $50 billion/$100 billion)

2018 Athenia’s debt ratio =50 %

Calculation for 2023 Athenia’s debt ratio Using this formula

2023 Athenia’s debt ratio=2023 Increase in Net national debt/2023 Increase in GDP

Let plug in the formula

2023 Athenia ‘s debt ratio ($55 billion/$120 billion )

2023 Athenia ‘s debt ratio=45.8%

Therefore Athenia's debt ratio for 2018 will be $50% and 2023 will be 45.8%

The investor is worried that the beta of his portfolio is too high, so he wants to sell some stock C and add stock D, which has a beta of 1.0, to his portfolio. If the investor wants his portfolio to have a beta of 1.72, how much stock C must he replace with stock D

Answers

Answer: $36,000

Explanation:

First calculate the individual weights for the different stocks as this will help with the calculation of beta.

Total amount invested = 16,000 + 48,000 + 96,000 = $160,000

Stock A weight = 16,000/160,000 = 10%

Stock B weight = 48,000/160,000 = 30%

Stock C weight = 96,000/160,000 = 60%

Stock D is to be bought by replacing some of stock C which means that the weight of stock C in the new beta calculation will be exactly less than 60% by the weight of D.

Assuming the weight of d is x, beta is;

Portfolio beta = ∑(weight of stock * beta)

1.72 = (10% * 1.3) + (30% * 1.8) + ((60% - x) * 2.2) + ( x * 1)

1.72 = 0.13 + 0.54 + 1.32 - 2.2x + x

1.72 = 1.99 - 1.2x

1.2x = 1.99 - 1.72

x = (1.99 - 1.72) / 1.2

x = 0.225

Weight of stock D will be 0.225 which is how much of stock C will have to be sold.

The amount of stock C that should be replaced by D is therefore;

= 160,000 * 0.225

= $36,000

Globalization forces small businesses to compete worldwide. The result of globalization is that operation manager (OM) or owner must do which of the following to stay competitive:

Answers

Answer:

- Making sure the cost of their asset management is as low as possible

- Maximize their product delivery

- Making sure that their price of operation is efficient

- making sure price of their product is competitive

Explanation:

Due to globalization, businesses are forced to compete on foreign markets that they might not be familiar with. In such situations, lowering cost of production while maintaining the quality of their products is the best thing that they can do to maintain a healthy profit margin. This can be done by lowering the cost that they need to make maintenance of their assets and minimizing the cost they need to acquire materials.

On top of lowering cost of production, they also need to provide better services and reasonable price range for the costumers. They need to put a good customer service call along with on time delivery to keep customers happy.

Helen Martin is interested in buying a five-year zero coupon bond with a face value of $1,000. She understands that the market interest rate for similar investments is 8.5 percent. Assume annual coupon payments. What is the current value of this bond

Answers

Answer:

the current value of the bond is $665.05

Explanation:

The computation of the current value of the bond is shown below:

Current Value = Face value ÷ ( 1 + rate of interest)^time period

= $1,000 ÷ (1 + 0.085)^5

= $1,000 ÷ (1.085)^5

= $1,000 ÷ 1.503657

= $665.045423

= $665.05

hence, the current value of the bond is $665.05

We simply applied the above formula so that the correct value could come

And, the same is to be considered

The book value per share of stock is the amount of money an investor would have to pay to purchase a share of stock in an open market. This statement is

Answers

Answer:

False

Explanation:

The book value per share of stock can be defined as a measure of the total amount of value associated with a net asset that an investor is entitled to when he or she buys a share of stock.

The book value per share of stock is a ratio of the equity gotten by an investor to the amount of outstanding shares.

Hence, the book value per share of stock is not the amount of money an investor would have to pay to purchase a share of stock in an open market. This statement is completely false.

_____ is the process of tapping information systems to extract and report data in organized ways that are helpful to decision makers.

Answers

Answer:

The answer is "Business intelligence".

Explanation:

It's a technology-based data mining system that allows managers, customers, and executives to make more informed marketing decisions as well as provides order to make efficient.

It is a system that implies a big data value, which is created as the authority of the data in the organization was being used as a tool.

A bond that matures in installments at regular intervals is a:_____

a. term bond.
b. serial bond.
c. periodic bond.
d. terminal bond.

Answers

Answer:

b. serial bond.

Explanation:

The serial bonds are the bond that matured the investment for a time period. In simple terms, the bond in which the maturity date is spread in a periodic manner over a time period that we called as a serial bonds

Since in the question the bond that matured the investment for a regular intervals so this represents a serial bond

Hence, the correct option is b.


Which of the following items are normally classified as current liabilities for a company that has a one-year operating cycle? (You may
select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and
double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be
automatically graded as incorrect.)
Portion of long-term note due in 10 months
Note payable maturing in 2 years.
Note payable due in 18 months.
Accounts payable due in 11 months.
FICA taxes payable.
Salaries payable.

Answers

Answer:

Portion of long-term note due in 10 months Accounts payable due in 11 months. FICA taxes payable. Salaries payable.

Explanation:

Current Liabilities are those that are to be paid within the operating cycle of a company which in this case is one year.

The current liabilities will therefore be any liabilities maturing or to be paid in a year. That includes the portion of a long term note due in 10 months, accounts payable due in 11 months and FICA taxes and Salaries payable as these should not pass a year to be paid either.

To what extent might the slow service be a source of employee irritation and dissatisfaction

Answers

Answer:

Slow service can be an extension and source of employee irritation and dissatisfaction. In any business, you rely on employees to perform simultaneous tasks. It is a team effort. Good management usually incentives good work.  As a result, when you have an employee or a cluster of employees that are not satisfied the service will more likely be poor. For example, a fast-food restaurant may have two employees that are dissatisfied with the manager. These employees will look for any distraction and will abuse breaks and so forth. The attention to detail will be minimized and items on the menu will be missing something. Finally, the business will suffer in the long run. Customers will complain and the food will have to be prioritized. Customers will leave if it is taking too long. As a team, when one or two slack off the entire team suffers. Think of a football game if two players decide to try and make all the points and fail in doing so. They have jeopardized the potential of winning or producing.

Explanation:

A corporate bond has an annual coupon rate of 7.5% and pays interest annually. The face value is $1,000 and the current market price is $1,108.15. The bond matures in 14 years. What is the yield to maturity?

a. 6.31%
b. 7.82%
c. 8.00%
d. 8.04%
e. 8.12%

Answers

Answer:

the correct option is a. 6.31%

Explanation:

The computation of the yield to maturity is shown below:

Given that

Present Value = $1,108.15

NPER = 14

Future Value = $1,000

PMT = $1,000 × 7.5%

Now the formula is shown below:

= RATE(NPER;PMT;-PV;FV;TYPE)

= 6.31%

hence, the yield to maturity is 6.31%

Hence, the correct option is a. 6.31%

All other options are wrong

Jerry and Ann paid the following amounts during the current year: Interest on automobile loan $1,500 Interest on bank loan (proceeds were used to purchase municipal bonds) $5,000 Qualified home mortgage interest $3,150 What is the maximum amount they can use as interest expense in calculating itemized deductions for the current year

Answers

Answer:

the maximum amount is $3,150

Explanation:

The computation of the maximum amount that could be used as an interest expenses while calculating the item deductions for the present year is shown below:

Here we considered only the home mortgage interest i.e. qualified i.e. $3,500

The other things would not be considered like interest on automobile loan, interest on bank loan etc as it is not allowed

Therefore the maximum amount is $3,150

Two months ago, Lisa was honorably discharged from the Air Force where she spent four years training as an airplane mechanic. After discharge, she relocated to take a 40 hour per week apprentice mechanic job with a major airline company where she earns $18 an hour. Last month, her husband Dave, who has worked the past two years as a registered nurse, found a nursing job with a local hospital making $625 per week. They just bought a new car and pay $400 each month on that loan and have no other monthly debts.

What is the maximum mortgage payment (PITI) a lender would allow for a conventional loan based on the housing expense ratio?

Answers

Answer:

The maximum mortgage payment (PITI) a lender would allow for a conventional loan based on the housing expense ratio is:

$1,506.40

Explanation:

a) Data and Calculations:

Lisa works 40 hours at $18 an hour

Lisa weekly income = 40 * $18 = $720

Lisa monthly income = 40 *$18 * 4 = $2,880

Dave weekly income = $625

Dave's monthly income = $625 * 4 = 2,500

Total joint monthly income =            $5,380

b) If Lisa and Dave, her husband, file jointly for taxes, then the maximum mortgage payment (PITI) they can make is 28% of the gross income.

Therefore PITI = $5,380 * 28% = $1,506.40

c) The housing expense ratio is the percentage of your gross monthly income devoted to housing expenses, which should not exceed 36% of your monthly or annual gross income.  According to the general rule, the household expense payments, primarily rent or mortgage payments, cannot exceed more than 28% of the monthly or annual income.

What is the payback period for a project with an initial investment of $180,000 that provides an annual cash inflow of $40,000 for the first three years and $25,000 per year for years four and five, and $50,000 per year for years six through eight?

Answers

Answer:

It will take 5.2 years to cover the initial investment.

Explanation:

The payback period is the time required to cover the initial investment.

year 1= 40,000 - 180,000= -140,000

Year 2= 40,000 - 140,000= -100,000

Year 3= 40,000 - 100,000= -60,000

Year 4= 25,000 - 60,000= -35,000

Year 5= 25,000 - 35,000= -10,000

Year 6= 50,000 - 10,000= 40,000

To be more accurate:

(10,000/50,000)= 0.2

It will take 5.2 years to cover for the initial investment.

Goals set for and by first-line managers are called _____ goals.

Answers

Do you have the multiple choice answers?

The GDP is one way to measure the size of a country's economy.


False

True

Answers

True because
GDP is just one way of measuring the total output of an economy. Gross National Product, or GNP, is another method. GDP, as said earlier, is the sum value of all goods and services produced within a country.

Answer:

It's true

Explanation:

on edge 2021

On December 31, 2017, Extreme Fitness has adjusted balances of $800,000 in Accounts Receivable and $55,000 in Allowance for Doubtful Accounts. On January 2, 2018, the company learns that certain customer accounts are not collectible, so management authorizes a write-off of these accounts totaling $10,000. What amount would the company report as its net accounts receivable on December 31, 2017

Answers

Answer:

Accounts receivable is $745,000

Explanation:

The company would report as net receivable, the total amount on accounts receivable minus total amount on the Allowance for uncollectible Accounts, which implies that the balance represent the amount of credit that will not be possible to collect again hence, the value represent balance on net accounts receivable.

Accounts receivable = Adjusted balance in accounts receivable - Allowance for doubtful accounts

= $800,000 - $55,000

= $745,000

Your goal is to earn an annual salary of $100,000 three years from now. You expect to increase your salary by 6.5 percent annually. How much do you need to earn this year if you are going to reach your goal?

a. $72,988.08
b. $82,784.91
c. $87,878.88
d. $84,363.13

Answers

Answer:

$87,878.88

Explanation:

Calculation How much do you need to earn this year

Using this formula

PV = FV/ (1 + r )^n

Where,

FV =Future Value=$100,000

PV = Present Value

r = rate of interest=6.5%

n= no of period=3 years

Let plug in the formula

PV = $100,000 / ((1 + 6.5%)^3)

PV = $82,784.91

Therefore the amount you need to earn this year will be $82,784.91

A fashion designer who creates pieces from start to finish for a Paris runway show has a job that has:________

Answers

Answer:

High task identity.

Explanation:

A task identity can be defined as a measure of the extent or degree to which a project or job requires the completion from the beginning of the project to the end rather than just a bit or a fraction.

A fashion designer who creates pieces from start to finish for a Paris runway show has a job that has high task identity.

A movie theater charges $5 per ticket and averages 300 customers each night. If prices are raised to $7 per ticket, the theater estimates that average nightly ticket sales will be $1,750. How many customers is the theater expecting to average each night with the new ticket price ?

Answers

Answer:

250

Explanation:

I did 1750 divide 7 which got me 250

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