Business, 31.03.2020 04:22 babycakez3500

The following information relates to Bramble Corp. for the year 2022.

Retained earnings, January 1, 2022 $47,040
Advertising expense $1,760
Dividends during 2022 4,900
Rent expense 10,190
Service revenue 61,250
Utilities expense 3,040
Salaries and wages expense 27,440
Other comprehensive income (net of tax) 390

Compute the net income.

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 18:50

)a business incurs the following costs per unit: labor $125/unit, materials $45/unit, and rent $250,000/month. if the firm produces 1,000,000 units a month, calculate the following: a. total variable costs b. total fixed costs c. total costs

Answers: 1

Answer

Business, 22.06.2019 20:20

Faldo corp sells on terms that allow customers 45 days to pay for merchandise. its sales last year were $325,000, and its year-end receivables were $60,000. if its dso is less than the 45-day credit period, then customers are paying on time. otherwise, they are paying late. by how much are customers paying early or late? base your answer on this equation: dso - credit period = days early or late, and use a 365-day year when calculating the dso. a positive answer indicates late payments, while a negative answer indicates early payments.a. 21.27b. 22.38c. 23.50d. 24.68e. 25.91b

Answers: 2

Answer

Business, 22.06.2019 23:00

If the reserve requirement is 10 percent, what amount of excess reserves does a bank acquire when a business deposits a $500 check drawn on another bank?

Answers: 2

Answer

Business, 23.06.2019 02:30

Markets and competition in a perfectly competitive market, all producers sell identical goods or services. additionally, there are many buyers and sellers. because of these two characteristics, both buyers and sellers in perfectly competitive markets are pricetakers . true or false: the market for lettuce does exhibit the two primary characteristics that define perfectly competitive markets. true false

Answers: 2

Answer

You know the right answer?

The following information relates to Bramble Corp. for the year 2022.

Retained earnings...

Questions