Below is last month's business income statement for korey's comics. using the information provided in the statement, determine net income for korey's comics last month. korey? s comics monthly business income statement revenue sales: $6,825 returns: $215 net sales: cost of goods sold beginning inventory: $780 purchases: $1,795 goods available for sale: ending inventory: $795 total cost of goods sold: gross profit: : operating expenses wages: $1,460 rent: $650 utilities: $185 advertising: $90 taxes: $125 total operating expenses: net income: a. $2,320 b. $2,510 c. $4,830 d. $6,610 select the best answer from the choices provided a b c d

Which analyst position analyzes information using mathematical models to business managers make decisions? -budget analyst -management analyst -credit analyst -operations research analyst

The following transactions occurred during july: received $1,000 cash for services provided to a customer during july. received $4,000 cash investment from bob johnson, the owner of the business received $850 from a customer in partial payment of his account receivable which arose from sales in june. provided services to a customer on credit, $475. borrowed $7,000 from the bank by signing a promissory note. received $1,350 cash from a customer for services to be rendered next year. what was the amount of revenue for july?

University hero is considering expanding operations beyond its healthy sandwiches. jim axelrod, vice president of marketing, would like to add a line of smoothies with a similar health emphasis. each smoothie would include two free health supplements such as vitamins, antioxidants, and protein. jim believes smoothie sales should fill the slow mid-afternoon period. adding the line of smoothies would require purchasing additional freezer space, machinery, and equipment. jim provides the following projections of net sales, net income, and average total assets in support of his proposal. sandwichesonly sandwiches and smoothies net sales $ 750,000 $ 1,350,000 net income 120,000 210,000 average total assets 350,000 750,000 return on assetschoose numerator ÷ choose denominator = return on assets÷ = return on assets÷ = profit margin÷ = profit margin÷ = asset turnover÷ = asset turnover÷ = times