7. Given the following Balance Sheet
extract, calculate the net profit on the
Income Statement. (Assuming tax rate
= 10% of operating profit)
Balance Sheet Extract:
Shareholders Equity
Common Stock
200
25
Retained Earnings
Revenues
170
Cost of Sales
(103)
Salaries
(30)
Interest
(12)

Answers

Answer 1

The net profit on the Income Statement based on the balance sheet given will be 21.

How to calculate the net profit?

The net profit will be calculated thus:

Revenue = 170

Less coat of sales = 103

Less salaries= 30

Operating income = 30

Less interest = 12

Income before tax = 25

Less Income tax = (10% × 37) = 3.7

Net profit = 21.3 = 21

Therefore, the net profit on the Income Statement based on the balance sheet given will be 21.

Learn more about net profit on:

https://brainly.com/question/15530787

#SPJ1


Related Questions

Given f(a, b) = 3a2 – 2ab + 5b2 , determine (a) f(-2, 3) and (b) f(x+y, x-y)

Answers

Answer:

1) 45

2) 6x^2-4xy+10y^2

Step-by-step explanation:

1) Given f(a, b) = 3a^2 – 2ab + 5b^2 , determine (a) f(-2, 3)

Replace a with (-2) and b with (3):

3(-2)^2-2(-2)(3)+5(3)^2

3(4)-2(-6)+5(9) *Took care of exponents and performed some multiplication in the middle term.

12-12+45 *performed more multiplication

0+45 *additive inverses property applied

45 *performed some addition

2) Given f(a, b) = 3a^2 – 2ab + 5b^2 , determine f(x+y, x-y)

Replace a with (x+y) and b with (x-x-y):

3(x+y)^2-2(x+y)(x-y)+5(x-y)^2

*Explained binomial squares

3(x^2+2xy+y^2)-2(x+y)(x-y)+5(x^2-2xy+y^2)

*Expand product of the sum of two numbers with the difference of said numbers

3(x^2+2xy+y^2)-2(x^2-y^2)+5(x^2-2xy+y^2)

*Distribute

3x^2+6xy+3y^2-2x^2+2y^2+5x^2-10xy+5y^2)

*Combine like terms

6x^2-4xy+10y^2

the normal return on investment considered effective inflation and purchasing power inflation rate positive the normal rate return will be go to the real real return on investment ​

Answers

Answer:

What is the normal rate of return?

Normal rate of return . ' means the average rate of return that a firm would receive in an industry when conditions of perfect competition prevail.

Step-by-step explanation:

A cylinder has a volume of 200 cm³. If the height of the cylinder is 10 cm, what is the radius of the cylinder

Answers

Answer:

2.5

Step-by-step explanation:

The radius of a cylinder formula is

R = √(V / π × h)

Plug in

R = √(200 / 3.14 × 10)

So . .

R = √(6.4)

R = 2.5

( I rounded to the tenth decimal place so you know!)

Simplify [2 x (10+5)] - 5

Answers

the answer is 25 because first we have to take care of the parentheses so 10+5 =15 then 2x15=30 then 30-5- 25 Simplified

Answer:

25

Step-by-step explanation:

[2 x (10+5)] - 5

[2 x (15)] - 5

[30] - 5

25

Find the sum of the first 14 terms of the finite geometric series given as:
0.5+ (-1) +2+...

Answers

The sum of the first 14 terms of the finite geometric series 0.5+ (-1) +2+... is -2730.5

How to determine the sum of the series?

The series is given as:

0.5+ (-1) +2+...

The above series is a geometric series, with the following parameters:

First term, a = 0.5Common ratio, r = -2Number of terms, n = 14

The sum of the first 14 terms is calculated using:

[tex]S_n= a *(1 - r^n) \div (1 - r)[/tex]

So, we have:

[tex]S_{14}= 0.5 *(1 - (-2)^{14}) \div (1 + 2)[/tex]

Evaluate

[tex]S_{14}= -2730.5[/tex]

Hence, the sum of the series is -2730.5

Read more about series at:

https://brainly.com/question/6561461

#SPJ1

A car rental company charges $120 plus $0.37 per mile, m. Which equation represents the total cost, c, of renting a car?​

Answers

Answer: 120 + 0.37m = c

Explanation: 120 is the cost of the renting so you just add that to the total amount. Next, since it is 0.37 PER mile, you will have to multiply and add 0.37 to each mile that the car is driven.

the perimeter of a rectangle is 84cm if the width of rectanle is 16 cm Find its lenth

Answers

Answer:

26 cm

Step-by-step explanation:

Formula for Perimeter

Perimeter = 2(Length + Width)

Solving (given Perimeter is 84 cm and width is 16 cm)

84 = 2(Length + 16)42 = Length + 16Length = 42 - 16Length = 26 cm

Answer:

L= 26cm

Step-by-step explanation:

Perimeter= 2(l x w)

Perimeter= 84cm

Width= 16cm

Length=?

84= 2l + 32

2l = 84-32

2l= 52

L= 52/2

L= 26cm

Scientists are tracking the population of a specific species of bird. They have determined that the function P(x) = 575 (1.025)x models the number of birds, P(x), after x years. Which of the following is true about the brid?

Answers

The following that is true about the bird is that it had been living long and happily and what is true is 30

does anyone know the answer?

Answers

Answer: Choice A

40.61 square meters

==========================================================

Explanation:

The area of a full circle is

A = pi*r^2

meaning half of it (aka semicircle) will have this area

A = 0.5*pi*r^2

The diameter of the semicircle is 5.4 meters, which divides in half to get the radius of r = 2.7

The semicircle has an area of...

A = 0.5*pi*r^2

A = 0.5*3.14*(2.7)^2

A = 11.4453

which is approximate since pi = 3.14 is approximate.

Now compute the area of the triangle

area = base*height/2 = 5.4*10.8/2 = 29.16

Then add those sub-areas to get the grand total area.

semicircleArea + triangleArea = 11.4453+29.16 = 40.6053

That rounds to 40.61 which shows why choice A is the answer.

simplify −4+x≤9 PLEASEE

Answers

Answer: HEYAA :))

I THINK YOUR ANSWER IS x≤13

Step-by-step explanation:

Solve for x by simplifying both sides of the inequality, then isolating the variable.

HOPEFULLY THIS HELPS YOOUUU

- MATTHEW ~^^

                - - - - - - - - - - - - - - - - - - - - - - - - -

[tex]\diamond\large\blue\textsf{\textbf{\underline{\underline{Question:-}}}}\diamond[/tex]

             Simplify -4+x≤9.

[tex]\diamond\large\textsf{\textbf{\underline{\underline{Answer and how to solve:-}}}}\diamond[/tex]

      ❖ Add 4 on both sides:-

x≤9+4

x≤13

  ✯ So the values of x less than or equal to 13 will make this inequality true.

Good luck.

        - - - - - - - - - - - - - - - - - - - - - - - - - - - -

53) Darryl wants to buy socks for $15.27. He
gives the cashier $20. What is his
change?

Answers

Answer:

$4.73

Step-by-step explanation:

just do 20 minus 15.27

DUBLE POINTS BECAUSE OF SEMESTER TESTING

Jacques plays a game that involves drawing cards to move around the board. He uses a uniform probability model to determine the probability that he will win on his next turn. There are 8 blue cards, 8 green cards, 8 red cards, 8 yellow cards, and 8 orange cards. Jacques needs either a blue or an orange card to win on his next turn.


What is P(blue or orange)?



1/20


1/4


3/10


2/5

Answers

total no of cards = 40

p(blue) = 8 out of 40

p(orange) = 8 out of 40

p(blue or orange ) = 16 out of 40

16÷40 = 2/5.

Express 29 l 360 ml into ml.

Answers

Answer:

569 millimetres because 290 +36 ml is 569

Avani misses 5% of the free throws she attempts in a season. How many total free throws did she attempt if she missed 4?

Answers

Answer:

She had a total of 80 throws.

Step-by-step explanation:

4x20 (20x5%=100%) = 80, so she had 80 throws.

Books cost $6.95 each. Mary had a $5 bill,a$1 bill.and 3 dimes.How much more money does she need to buy one book?

Answers

Answer:

65 cents

Step-by-step explanation:

5 + 1 + .30 = 6.30

6.95 - 6.30 = .65

what is the value of x for 3x^2 - x + 9 = 0

Answers

Correct option is A)

Consider the given equation,

3

2x

+10.3

x

−9=0

Let ,y=3

x

Now ,

y

2

−10y+9=0

y

2

−9y−y+9=0

y(y−9)−1(y−9)=0

(y−9)(y−1)=0

When,

x−9=0

x=9

Now ,

9=3

x

3

2

=3

x

x=2

When,

y−1=0

y=1

3

x

=1

3

x

=3

0

x=0

x=0,x=2

This is the answer

1 Use the Quadratic Formula.
1 In general, given
a
x
2
+
b
x
+
c
=
0
ax
2
+bx+c=0, there exists two solutions where:
x
=

b
+
b
2

4
a
c
2
a
,

b

b
2

4
a
c
2
a
x=
2a
−b+
b
2
−4ac



,
2a
−b−
b
2
−4ac





2 In this case,
a
=
3
a=3,
b
=

1
b=−1 and
c
=
9
c=9.
x
=
1
+
(

1
)
2

4
×
3
×
9
2
×
3
,
1

(

1
)
2

4
×
3
×
9
2
×
3
x
=
2×3
1+
(−1)
2
−4×3×9



,
2×3
1−
(−1)
2
−4×3×9





3 Simplify.
x
=
1
+
107
ı
6
,
1

107
ı
6
x=
6
1+
107



,
6
1−
107





To get access to all 'How?' and 'Why?' steps, join Cymath Plus!
x
=
1
+
107
ı
6
,
1

107
ı
6
x=
6
1+
107



,
6
1−
107



Graph the inequality x < - 10/3

Answers

Answer:

Picture Below :)

Step-by-step explanation:

*ta da*

- Have a great day -

Sarah makes a red hair bow using 21 4/5 inches of ribbon. She makes a purple hair bow using 18 1/4 inches of ribbon.

How much more ribbon is used to make the red hair bow than the purple hair bow?

Answers

Answer:

91/20 or 4 11/20

Step-by-step explanation:

First, convert the 2 amounts into improper fractions

Red: 21 4/5 = 114/5

Purple: 18 1/4 = 73/4

Then, using cross multiplication, you can give them the same denominator

Red: 114/5 = 456/20

Purple: 73/4 = 365/20

Then just subtract the numerators and keep the denominator

456/20 - 365/20 = 91/20

So your answer is

91/20 or 4 11/20

The function y = log(x) is translated 1 unit right and 2 units down. Which is the graph of the translated function?
please help​

Answers

Answer: [tex]y=\log(x-1)-2[/tex]

the graph of y = (x) is shown below

Answers

Answer:

Step-by-step explanation:

Solution

The question is a bit obscure. The best choice I think, would be A. F(x) could equal something like y = x - 3. When y = 0, x = 3 or put the other way, when x = 3 y= 0.

A training field is formed by joining a rectangle and two semicircles, as shown below. The rectangle is 86m long and 64m wide. Find the area of the training field. Use the value 3.14 for π, and do not round your answer. Be sure to include the correct unit in your answer. 64m 86m

Answers

To solve this problem, we have to find the area of the semi circles and the area of the rectangle and add them up together.

The area of the field is equal to 8719.36m^2

Area of the Field

Let us start by finding the area of the rectangle.

Data;

width = 86mlength = 64m

Area of a rectangle is given as

[tex]a = length * width \\a = 86 * 64\\a = 5504m^2\\[/tex]

The area of the rectangle is 5504m^2

Area of the semicircle

The formula of a semi circle is given as

[tex]A = \frac{1}{2} \pi r^2[/tex]

But since we have two semi circles here, we can simply multiply it by two and the formula becomes

[tex]A = 2 * \frac{1}{2} \pi r^2\\A = \pi r^2[/tex]

But in the question, we have the diameter of the semi circle as the length of the rectangle.

[tex]radius = \frac{diameter}{2} \\radius = \frac{64}{2} \\radius = 32m[/tex]

The radius of the semicircle is 32m

Area of the semicircle is

[tex]A = \pi r^2\\A = 3.14 * 32^2\\A = 3215.36m^2[/tex]

The area of the field is

[tex]area of field = 3215.36 + 5504\\area = 8719.36m^2[/tex]

The area of the field is equal to 8719.36m^2

Learn more on area of rectangle and semi circle here;

https://brainly.com/question/2906652

#SPJ1

What is the quotient?
-3/8 divided -1/4

Answers

Answer:

3/2    or   1.5

Step-by-step explanation:

(-3/8) ÷ (-1/4)

Copy dot flip

=(-3/8)* (-4/1)

=12/8

=3/2    or 1.5

A couple Invested $6100 in an account some of it went into a savings account paying 3% annual simple interest . The rest was invested in a riskier mini - mall development plan paying 11% annual simple interest . The combined interest earned for the first year was $503 . How much money was invested at each rate ?

Answers

Answer:

4387.63

Step-by-step explanation:

Read each item carerur 1. What is the rule of the sequence: 7, 13, 19, 25, 31? A. Add 6 B. Subtract 6 C. Multiply by 2 D. Multiply by 3​

Answers

Answer:

A.

Step-by-step explanation:

it’s add 6 because, 6 + 7 = 13 and 13 + 6 = 19 and it keeps on continuing this is how I know I am correct.

Answer:

the answer is A) Add 6

Step-by-step explanation:

you add so 7 plus 6 is 13 and 13 plus 6 is 19 and so it continues

hope this helps!!

Suppose we want to choose 3 letters, without replacement, from the 4 letters A, B, C, and D.

Answers

Answer:A) 24 waysB) 4 waysStep-by-step explanation:a) permutation occurrs when order of choices matters.N = 4P3 = 4!/(4-3)! = 4!/1!N = 24 waysb) combination occurs when order of choices doesn't matter.N = 4C3 = 4!/3!(4-3)! = 4!/3!(1!)N = 4 ways

Step-by-step explanation:

a) permutation occurrs when order of choices matters.N = 4P3 = 4!/(4-3)! = 4!/1!N = 24 waysb) combination occurs when order of choices doesn't matter.N = 4C3 = 4!/3!(4-3)! = 4!/3!(1!)N = 4 ways(hope this helps:)

What is 28 percent as a fraction?​

Answers

Answer:

28 as a fraction would be written as 56/2.

Step-by-step explanation:

The fraction can be written as 7/25.

Explanation:

Given Input Value = 28%

Place the Percentage Value at the top over 100. = 28/100

The given fraction is 28/100.

On reducing the fraction, we get the exact form 28/100. = 7/25

The exact form of the fraction is 7 /25.

Find the equation of the line using the point-slope formula. Write the final equation using the slope-intercept form. (x, y) = (−2, 10) and (x, y) = (4, −8) are points on the line

Answers

    ♪ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~  ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ♪

[tex]\textsc{heya!}[/tex]

☑︎  what we need to do:

find the equation of the line

☑︎ what we are provided with:

two points on this line

[tex]\textsc{solution:}[/tex]

equation: y=-3x+4

[tex]\textsc{explanation:}[/tex]

first, these are the points on our line:

• (-2, 10) • (4, -8)

what we need at this moment is the gradient (slope) of the line.

remember, there's a little formula that will help us find the gradient:

[tex]\large\text{$\displaystyle\frac{y_2-y_1}{x_2-x_1}$}[/tex]

our values are:

• (-2, 10) and (4, -8)

after substituting the values into the above formula, we obtain

[tex]\large\text{$\displaystyle\frac{-8-10}{4-(-2)}$}[/tex]

after simplifying, we obtain

[tex]\large\text{$\displaystyle\frac{-18}{4+2}$}[/tex]

simplifying more,

[tex]\large\text{$\displaystyle\frac{-18}{6}$}[/tex]

dividing,

[tex]\large\text{$-3$}[/tex]

but that's only part of our problem. we need to find the equation, and we have the gradient only.

let's use the first point in our equation

• (-2, 10)

[tex]\large\text{$y-y_1=m(x-x_1)$}[/tex]

m is the gradient.

this is what we obtain after substituting the values

[tex]\large\text{$y-10=-3(x-(-2)$}[/tex]

simplifying

[tex]\large\text{$y-10=-3(x+2)$}[/tex]

simplifying more

[tex]\large\text{$y-10=-3x-6$}[/tex]

moving 10 to the right side

[tex]\large\text{$y=-3x-6+10$}[/tex]

and finally

[tex]\large\text{$y=-3x+4$}[/tex]

[tex]\textsc{hopefully\:helpful}[/tex]

by:    • [tex]\textsc{$d^an_ci^ng$}[/tex]

[tex]\textsc{have\:a\:great\:rest\:of\:your\:day\:ahead!}[/tex]

           

31. (05.08 MC)
What is the equation for a geometric sequence with a first term of 3 and a second term of -9?

Answers

Answer:

[tex]a_n=3(-3)^{n-1}[/tex]

Step-by-step explanation:

Geometric sequence

General form of a geometric sequence: [tex]a_n=ar^{n-1}[/tex]

where:

[tex]a_n[/tex] is the nth terma is the first termr is the common ratio

Given:

[tex]a_1=3[/tex][tex]a_2=-9[/tex]

To find the common ratio r, divide consecutive terms:

[tex]\implies r=\dfrac{a_2}{a_1}=\dfrac{-9}{3}=-3[/tex]

Therefore, the equation is:

[tex]a_n=3(-3)^{n-1}[/tex]

h(x) = (x2 − 49)(x + 4)

Answers

Answer:

h(x) = x³ + 4x² - 49x - 196

Step-by-step explanation:

h(x) = (x² - 49)(x + 4) <== distribute

h(x) = x²(x) - 49(x) + x²(4) - 49(4)

h(x) = x³ - 49x + 4x² - 196 <== rewrite in standard form (descending degrees)

h(x) = x³ + 4x² - 49x - 196

Hope this helps!

What is the median of the set of data?

{131, 154, 204, 244, 244, 276, 263, 289, 288, 274, 207}

Enter your answer in the box.

Answers

207 that’s the correct awnser
the median of the set of data is 244
Other Questions
what is an impact study,and give 2 of it examples A student graphs the functions f(x) = | x+3 | and g(x) = x2-2x+3 on the coordinate plane shown.Which are the solutions of f(x) =g(x)? A. -3 and 1 B. -1 and 1C. 0 and 3D. 3 and 6 is anyone here taking legal environment of business semester one The founder of the Mughal Empire was Akbar.Please select the best answer from the choices providedTF entrails:plural noun1. inner workings2. deep parts3. remote parts4. innardsRead the sentence.The marine biologist dumped a bucket of fish entrails into the water to attract sharks.Which definition explains how the word entrails is used in the sentence?Definition 1Definition 2Definition 3Definition 4 Write the importance of the environment in your own words. PLEASE HELP The volume of a right rectangular prism can be found by using the product 6(4)(18). Which expression could also be used to determine the volume of this prism?6 + 4 + 182(6 + 4 + 18)32(18)4(6)(18) Circle the word that doesnt belong to the group 3. Manny's weekly wage as a welder are $520.75. He is single and claims 3 allowances. What amount isdeducted for federal taxes? Need help trying to find the answer If the coordinates of point Q are (12,32), then what is the value of tan(m) ? Option 1: use the applet to construct circles for problems 1 & 2 or 3 & 4. take a screenshot and insert them into your student companion. 1. circle a, with a diameter of 6 cm. 2. circle c, with a radius that is equal to circle a's diameter. 3. circle b, with a radius of 5 cm. 4. circle d, with a diameter that is equal to circle b's radius. Pls help fast!I wanted to see if my answers were rightwhich are : A, B D. A sample of lead with a mass of 54.3 g is heated to a temperature of 384.4 K and placed in a container of water at 291.2 K. The final temperature of the lead and water is 297.6 K. Assuming no heat loss, what mass of water was in the container? What is the slope of the line shown below? What was the Three-Fifths Compromise? A castle built for the man who founded the town of Redstone, CO, can now be yours, for $19.75 million. (Sherman, T.)A coal magnate, John Cleveland Osgood, built the castle for his wife near the town of Redstone, which was founded as a company town for people working in the coal mining industry. Construction began in 1897 and was completed in 1902. (Sherman, T.)In the early 1900s, John Cleveland Osgood was known as the King of Coal in the West. He was sixth richest of the Robber Barons, a group of elite industrialists. As a social and industrial experiment, Osgood decided he wanted to build a town in the Colorado mountains that would provide better living conditions for the miners working nearby. Instead of the tents and tiny cabins common in mining towns, Osgood built Swiss-style cottages with electricity and running water - along the river. He also built a clubhouse with a theater, school, library, lodge, community garden and stables. (Kesting, A.).Known as Redstone Castle and as the "Ruby of the Rockies," the 42-room castle has almost 30,000 square feet of interior space. It also has over 150 acres of land, surrounded by beautiful scenery along the Crystal River. (Sherman, T.)It's not the first time the castle has been up for sale in recent years. Steve and April Carver purchased it at an auction for $2.2 million in 2016. (Oravetz, J.)The Carvers worked to renovate and restore the castle and have operated it as a hotel since 2018. (Oravetz, J.)1. Calculate the annual compound growth rate of the Redstone Castle price since the house was purchased by Steve and April Carver (in 2016) until it was listed for sale in 2020. (The growth rate should be calculated to two decimals in percentage form. Round the number of years to the whole number). Please show your work. 2. Assume that the average compound growth rate prevailed since John Cleveland Osgood built the Castle in 1902 until 2016 was 5.52% per year compounded annually. Calculate the price of the house in 1902. (Round the number of years to the whole number). (TIP: To get the answer correctly you need to use the price of the house in your calculations in dollars with all zeros). Please show your work. 3. You were using the time value of money concept to answer question #2. Think about the timeline for that problem. What year is considered as the time point 0 in that problem? Please explain your answer 4. Assume that the average compound growth rate you were using in the question #2 now is compounded daily. Calculate the price of the house in 1902. Compare with your answer to the question #2. (Round the number of years to the whole number). (TIP: To get the answer correctly you need to use the price of the house in your calculations in dollars with all zeros). Please show your work. 5. Assume that the house was purchased for the price listed in 2020. A commercial bank loaned the buyer the whole price (zero down payment) for 30 years. The loan must be repaid in equal monthly payments at the end of the month. The annual interest rate on the loan is 3.45% of the unpaid balance. What is the amount of the monthly payments? Please show your work. can someone tell me what letter or variable it is after the = sign, is it an K or R? Integrating sensory information and neural functions is a function of the __________. a. forebrain b. cerebrum c. thalamus d. cerebellum please select the best answer from the choices provided a b c d An airplane is flying in a horizontal circle at a speed of 490 km/h. If its wings are tilted at angle = 45 to the horizontal, what is the radius of the circle in which the plane is flying? Assume that the required force is provided entirely by an aerodynamic lift that is perpendicular to the wing surface.