Alot of profit will be gonna to a empty place
Answer:
The amount of net income is $25,600
Explanation:
In the income statement, the total revenues and the total expenses are recorded.
If the total revenues are more than the total expenditure then the company earns net income
And, If the total revenues are less than the total expenditure then the company have a net loss
The computation of the net income is shown below:
= Rent earned - Salaries expense - Insurance expense - Office supplies expense - Bike repair expense - Depreciation expense—Bikes
= $120,000 - $46,300 - $7,400 - $16,000 - $4,200 - $20,500
= $25,600
Answer: Your Advisor
Explanation:
MyUC / UC One is a portal for UC students.
Answer:
business model
Explanation:
A "business model" is used by companies in order <u>to make sure that their business will earn a profit.</u> This type of model identifies the company's business, such as its <em>products or services</em>. This includes the costs involved and the <em>sources of financing</em> that the company has.
Not all business models can be successful, but a successful one allows the company<u> to fulfill the needs of the customers.</u> This is coupled with a<em> competitive price of the good</em>s and services as well as<em> sustainable cost.</em>
So, this explains the answer.
Answer:
$31.25
Explanation:
40 hours a week x 4 weeks a month = 160 hours of work per month
$5,000 divided by 160 = $31.25
