Answer:
$209,600
Explanation:
Calculation of the net income (or loss) for the year
Stockholders’ equity = Total Capital + Net Income - Dividend
Therefore the Net Income will be:
Using this formula
Net income= Stockholders’ equity + Dividend - Total Capital
Where,
Stockholders’ equity =$343,200
Dividend =$20,000
Total Capital =$153,600
Let plug in the formula
Net income= $343,200 + $20,000 - $153,600
Net income= $209,600
Therefore the net income (or loss) for the year will be $209,600
Distance ran by Chris Gilbert, D = 96 yards
Speed, S = 4.9 s / 40 yards
Time ran by Chris Gilbert, T = D x S
T = (96 yards) x (4.9 s / 40 yards)
T = 11.76 s, total time ran by Chris Gilbert
<span>Since we only bought one cheese, the amount of money needed to pay for it could be identifiable by the price of one cheese (no need to use variable). The groceries are the opposite since we do not posses any information regarding their prices, so we could replace it with a variable.
The expression could be written as:
11 + 5 + g and 5 + 11 +g
or
(11 + 5) + g and 11 + (5 + g)</span>
Isovolumetric is the type of thermodynamic process that takes place. This process is also called the constant volume process or the isochoric process of thermodynamic, during which the volume of the closed system undergoing such a process remains constant. Thermodynamis process is when heat moves, either within systems or between systems. There are four types of thermodynamic process isovolumetric, isobaric, isothermal and adiabatic.
Answer:
Explanation:
Horizontal analysis
December31/14 December31/13 Amount Incre. %incre.
over base over base
Net sales 600000 500000 100000 20.00%
Cost of goods sold414000 350000 64000 18.29%
Gross Profit 186000 150000 36000 24.00%
Operating Expensese 150000 120000 30000 25.00%
Net Income 36000 30000 6000 20.00%
Looking at the table above you’ll notice that the company is showing a healthy growth in all the figures bott at the top line as well as bottom line. The percentage in gross profit has increased and even higher than the % net sales increase over last year. This clearly reveals that the company has enhanced its economy of scale. But this enhancement has been invalidated by the corresponding increase in the operating expenses %.
Vertical analysis (having net sales as base)
Net sales 100% 100%
Cost of goods sold 69.00% 70.00%
Gross Profit 31.00% 30.00%
Operating Expenses 25.00% 24.00%
Net Income 6.00% 6.00%
There is not much variation in vertical analysis. The companies performance here is stable as last year.