Marcie's has sales of $179,600,depreciation of $14,900, costs of goods sold of $138,200, and other costs of $28,400. The tax rate is 35 percent. What is the net income

-$1,235

Explanation:

Marcie's has a sales of $179,600

Depreciation is $14,900

Cost of goods sold is $138,200

Other costs is $28,400

Tax rate is 35%

Therefore the net income can be calculated as follows

= (sales - other costs-cost of goods sold-depreciation)(1-tax rate)

= (179,600-28,400-138,200-14,900)(1-35/100)

= -1,900 × 1-0.35

= -1,900 × 0.65

= -$1,235

Hence the net income is -$1,235

a recipe serves 8 people, and calls for 5 lbs of apples and 2 cups of flour. you want to prepare it for 24 people. divide 24 by 8 to get 3, and then multiply your ingredients by 3.

so for 24 people, you'll need 15 lbs of apples, and 6 cups of flour.