Charlie's Chocolates' had stock issuances of $50,000 and dividends of $20,000. The company has revenues of $83,000 and expenses of $64,000. Calculate its net income.
A. $64,000.
B. $49,000.
C. $83,000.
D. $19,000.
E. $30,000.
Answer: D
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A fine luggage maker was struggling with heavy debt and a sharp decline in customers, and it eventually declared bankruptcy. The company followed which grand strategy?
A. Growth B. Stability C. Defensive D. Reduction E. Reactive
For purposes of fair value, when there is no ready market in which there are buyers and sellers for an asset, the fair value must be estimated through:
a. a method such as net future value. b. a method such as future value. c. a method such as net present value. d. either future value or net present value.
Which of the following is a useful tip on taking lecture or meeting notes?
A. Do not write notes directly on handouts. B. Try and take down everything the speaker says. C. Ask questions if permitted. D. Do not leave any margins or empty spaces in your notes.
Alyssa wants to become a better listener in the workplace. Which of the following is the best technique she can do to improve her listening skills?
A) Don't maintain direct eye contact because doing so may distract the speaker. B) Interrupt whenever she has an opinion on the topic to share with her speaker. C) Rephrase and summarize the speaker's message in her own words. D) Avoid asking any questions because doing so may distract the speaker.