Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. al's brake shop had sales revenues and operating c

Al's Brake Shop had sales revenues and operating costs in 2014 of $650,000 and $525,000,...

90.2K

Verified Solution

Question

Accounting

Al's Brake Shop had sales revenues and operating costs in 2014 of $650,000 and $525,000, respectively. In 2015, Al's plans to expand the services it provides to customers to include lubrication services. Revenues are expected to increase by $85,000 and operating costs by $50,000 as a result of this expansion. Assuming that there are no changes to the existing brake business, what is the amount of operating profits that are expected be earned in 2015?

a. $125,000

b. $85,000

c. $160,000

d. $35,000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

The number of cell phone subscribers in the United States between the years 2000 and 2010...

Basic Math
Q

Write down and explain in words and/or graphs the five Multiple Linear Regression (MLR) assumptions.

Statistics
Q

Determine which of the following polymers are the result of polymerization, and which are the result...

Mechanical Engineering
Q

4 Determine the mass of Earth using the magnitude of the gravitational field strength at...

Physics
Q

Graph the parabola.y = 3x + 18x+21Plot five points on the parabola: the vertevertex, and...

Basic Math
Q

P 500 1 24 500 1 0175 F 500 X 45 4 7 You deposit...

Algebra
Q

1 The table shows the numbering system used in the United States x and Europe...

Algebra
Q

Write the complex number in standard form.?-11?-22.

Algebra
Q

e elimination to solve the system 6x 4y 2 3x 2y 4 Points 0 of...

Algebra
Q

Divide 12 7i 6i 12 7i 6i Simplify your answer Type your answer in the...

Algebra
Q

Cash management is a critical issue for all businesses. To learn more about cash management,...

Accounting
Q

why is a long-term goal challenging ?

Accounting