Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Sales Revenue: November December January February TOTAL Total Sales $ 9,300.00 $ 12,000.00 $ 21,120.00 $ 16,080.00 $ 58,500.00 Total Expenses $ 14,029.00 $ 15,710.00

Sales Revenue: November December January February TOTAL
Total Sales $ 9,300.00 $ 12,000.00 $ 21,120.00 $ 16,080.00 $ 58,500.00
Total Expenses $ 14,029.00 $ 15,710.00 $ 26,637.00 $ 23,721.00 $ 80,097.00
NET INCOME -$ 4,729.00 -$ 3,710.00 -$ 5,517.00 -$ 7,641.00 -$ 21,597.00

Write down key information or brief description and 2 highlights contained in the chart. What is the trend of net income in the four months of operation?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Finance questions