Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. marcia has sales of $79,600. the cost of goods sol

Marcia has sales of $79,600. The cost of goods sold is $48,200 and the other...

80.2K

Verified Solution

Question

Accounting

Marcia has sales of $79,600. The cost of goods sold is $48,200 and the other costs are $18,700. Depreciation is $8,300 and the tax rate is 35 percent.

What is the net income?

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

Convert (6, 5pi/6) to exact rectangular coordinates. Then give another ordered pair with a negative r and negative...

Basic Math
Q

1)-Why is the distinction between desirable and undesirable conceptions of After-Life so critical for Hick's argument?

Psychology
Q

Gayle runs at a speed of 3.95 m/s and dives on a sled, initially at rest...

Physics
Q

Response A dog sled driver prepared for her race Her sled was loaded with equipment...

Physics
Q

7 Prove that the quadrilateral whose vertices are the points A 1 1 B 3...

Geometry
Q

9 A sample of 600 values produced the following summary descriptive statistics upper Q1 35...

Statistics
Q

Marin Inc. has recorded all necessary adjusting entries, except for income tax expense, at its...

Accounting
Q

Julie paid a daycare center to watch her two-year-old son while she worked as a...

Accounting
Q

ACCT 2028 Winter 2024 Communication Assignment Emilia Natashy Emilia...

Accounting
Q

Part 5: Describe the Horizontal Analysis method for financial statements. Provide a real life business...

Accounting
Q

Assume all sales are one-time credit sales with a probability of collection of 96 percent....

Accounting
Q

QUESTION 7 What is the present worth of an equal series of $1000 received at...

Finance