subject
Business, 12.07.2019 03:10 Melymarrupe1345

Smarton company is in the process of preparing its budgeted income statement. it has determined its estimated gross margin to be $90,000. the company also expects to incur selling and administrative expenses of $30,000 and interest expense of $12,000. what would be smarton's budgeted net income? a) $48,000 b) $60,000 c) $30,000 d) $18,000

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:00
According to maslow's hierarchy of needs theory, which of the following would be an issue that requires the fulfillment of a lower order need? a)the need for a challenging project at work. b)the need for a promotion at work.c) the need to locate your business in an area with a low crime rate. d)the need for a mentor to you ascend within the company. none of the above
Answers: 3
question
Business, 22.06.2019 14:20
Jaynet spends $50,000 per year on painting supplies and storage space. she recently received two job offers from a famous marketing firm – one offer was for $95,000 per year, and the other was for $120,000. however, she turned both jobs down to continue a painting career. if jaynet sells 35 paintings per year at a price of $6,000 each: a. what are her accounting profits? b. what are her economic profits?
Answers: 1
question
Business, 22.06.2019 19:10
Coca-cola was primarily known for its core competencies in marketing, bottling, and distributing aerated drinks. however, with the success of gatorade, coca-cola developed competencies in the development and marketing of its own sports drink, powerade. which of the following is true of coca-cola? a. it is leveraging existing core competencies to improve current market position. b. it is building new core competencies to protect and extend its current market position. c. it is redeploying and recombining existing core competencies to compete in markets of the future. d. it is targeting the chasm between the early adopter and early majority market segment.
Answers: 1
question
Business, 22.06.2019 19:40
Lauer corporation uses the periodic inventory system and has provided the following information about one of its laptop computers: date transaction number of units cost per unit 1/1 beginning inventory 210 $ 910 5/5 purchase 310 $ 1,010 8/10 purchase 410 $ 1,110 10/15 purchase 255 $ 1,160 during the year, lauer sold 1,025 laptop computers. what was cost of goods sold using the lifo cost flow assumption?
Answers: 1
You know the right answer?
Smarton company is in the process of preparing its budgeted income statement. it has determined its...
Questions
question
Advanced Placement (AP), 22.05.2021 22:10
question
History, 22.05.2021 22:10
question
Mathematics, 22.05.2021 22:10
question
Mathematics, 22.05.2021 22:10
Questions on the website: 13722360