FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Swed Help Save & Exit Submit Charlie's Chocolates' owner made investments of $56.000 and withdrawals of $23.000. The company has revenues of $89.000 and expenses

image text in transcribed
Swed Help Save & Exit Submit Charlie's Chocolates' owner made investments of $56.000 and withdrawals of $23.000. The company has revenues of $89.000 and expenses of $67000 Calculate its net income. Multiple Choice $33.000 $89.000 $67000 $22.000 $55,000

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_2

Step: 3

blur-text-image_3

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

Payroll Fraud Detection And Prevention Audit Expert System

Payroll Fraud Detection And Prevention Audit Expert System

Authors: Titus Oniyilo

1st Edition

136564345X, 978-1365643453

More Books

Students also viewed these Accounting questions

Question

★★★★★
Determine the autocorrelation xx(m) of the random sequence x(n) = A cos(1n + ) Where the amplitude A and the frequency 1 are (known) constant and is a uniformly distributed random phase over the...

Answered: 1 week ago

Question

★★★★★
Suppose the following information is collected from Robert Keeler on his application for a home mortgage loan at the Metro County Savings and Loan Association. a. Monthly payments: $2,227 b. Number...

Answered: 1 week ago

Question

★★★★★
Describe the four basic forms of organizational structure.

Answered: 1 week ago

Question

★★★★★
Methane and oxygen react in the presence of a catalyst to form formaldehyde. In a parallel reaction methane is oxidized to carbon dioxide and water: CH 4 + 0 2 HCHO + H 2 O CH 4 + 2O 2 CO 2 + 2 H 2...

Answered: 1 week ago

Question

★★★★★
Swed Help Save & Exit Submit Charlie's Chocolates' owner made investments of $56.000 and withdrawals of $23.000. The company has revenues of $89.000 and expenses of $67000 Calculate its net income....

Answered: 1 week ago

Question

★★★★★
Corporation A owns 70% of all classes of stock in Corporation B throughout 2021. Corporations A and B are Subchapter C corporations, and they are both domestic corporations. The Board of Directors of...

Answered: 1 week ago

Question

★★★★★
#3 #2 HOMEWORK #1 #1 Figure 1 Price Supply and Demand Suppose you have a demand curve for McDonalds Big Macs. Show the impact graphically (draw the graph) to illustrate the impact of each of the...

Answered: 1 week ago

Question

★★★★★
Sandhill Tar and Gravel Ltd. operates a road construction business. In its first year of operations, the company won a contract to build a road for the municipality of Cochrane West. It is estimated...

Answered: 1 week ago

Question

★★★★★
Blythe Inc. uses a perpetual inventory system and had the following activity for a single inventory item: Units Unit Cost Total Cost March 1, inventory 500 $2.50 $1,250 Purchases: March 5 250 3.50...

Answered: 1 week ago

Question

★★★★★
Exercise 14-15 Schedule of cost of goods manufactured and cost of goods sold LO P1, P2 Beck Manufacturing reports the following information in T-account form for 2019. Begin. Inv. Purchases Avail....

Answered: 1 week ago

Question

★★★★★
A firm using a niche competitive advantage _______. has an advantage that cannot be copied in the near future targets and serves a single segment of the market relies on experience curves to lower...

Answered: 1 week ago

Question

★★★★★
1. To what extent do you agree with the criticisms of Stephen Elops memo to his staff?

Answered: 1 week ago

Question

★★★★★
define the term outplacement

Answered: 1 week ago

Question

★★★★★
describe the services that an outplacement consultancy may provide.

Answered: 1 week ago

Previous Question Next Question