Last year, Sams swimming pool cleaning had a gross profit of $105,355 and net income of $72,010. Calculate sams operating expenses for last year.
A.3,335
B.33,345
C.17,734
D.177,345

Answers

Answer 1
The answer is B. You subtract the profit and income and you should get 33,345.
Answer 2

The operating expenses for the last year in the books of Sam's is $33,345. Option B is correct.

What is the operating expense?

The costs of running business are known as operating expense, commonly referred to as selling, general, and administrative expenses (SG&A). Rent and utilities, sales and accountancy, marketing and advertising, and management and administrative wages are among them.

The cost of creating or delivering non-consumable pieces for the product or system is its counterpart, a capital expenditure.

Costs that aren't primarily connected to ongoing business activities are referred to as non-operating expenses. Interest on debt, restructuring charges, inventory write-offs, and payments to settle litigation are a few examples of non-operating expenditures.

Computation of Operating expense:

Operating expense = Gross Profit – Net Profit.

Operating expense = $105,355 – $72,010

Operating expense = $33,345.

Therefore, option B is correct.

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Related Questions

Randy owns a shoe company and recently retooled his company's marketing mix strategy. His new target market is wealthy, craftsman-quality-seeking younger individuals. He has hired more craftsmen in his factory, purchased premium materials to construct high-quality shoes and will distribute the shoes through Nordstroms, Zappos, and his own website. Shoe prices now begin at $500 and up. What promotion strategy would support the rest of his marketing mix decisions?

Answers

The promotion strategy should use is direct marketing.

Direct Marketing is simply known as a type of marketing that is often aim directly to a person. By communicating your product with a narrow group of potential customers, one can promote their offerings through telephone marketing, snail mail, email, or catalogs and brochures.

Thougn a lot of offers are available through junk mail and telemarketers, direct marketing still very important.

It gives a producer or companies a predictable and cost-effective way of reaching their target markets.

Conclusively, the use of popular promotional tactic of deploying email messages to people who have interacted with a service is still very good method to use.

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It is important to emphasize benefits in a sales presentation to a prospective buyer because benefits:_______.
a) focus on the psychological reasons of a purchase.
b) fulfill the buyer's needs and motives.
c) fulfill the buyer's economic wants.
d) focus on rational reasons of a purchase.
e) focus on emotional reasons for a purchase.

Answers

Answer:

b) fulfill the buyer's needs and motives.

Explanation:

When the company gives the presentation based on the sales so it should be benefit for the buyer as the company fulfill buyer needs and motives and gains the maximum satisfaction while delivering the goods and services to the consumer

Therefore in the given case, the option B is correct as the company meets the customer needs, wants and motives

Hence, all the other options are wrong

According to the Fisher Effect, the expected rate of inflation does not influence the:________.

Answers

Answer:

ex ante real interest rate.

Explanation:

According to Fisher effect the expected inflation rate will affect indices like nominal interest rate, current prices of goods, and the demand for money.

However it does not affect the ex ante real interest rate.

The Fisher effect shows how real interest rate is related to nominal interest rate.

Real interest rate = Nominal interest rate - Expected inflation rate

Ex ante real interest rate is the anticipated real interest rate in the future.

This is not considered in the Fisher effect

A business student is preparing for the Graduate Management Admission Test (GMAT) so he can get into a good graduate business school. He knows that any money he spends on a tutor will be worthwhile if he can improve his scores. He's heard that there is a great tutor in his local community but has no idea who she is. Marketing does not occur in this situation because

Answers

Answer:

For the parties to connect, there seems to be no way.

Explanation:

Marketing should be about fulfilling the expectations and wishes of consumers, generating demand, influencing different players, requiring interaction that can be carried out by the other groups and individuals.

For marketing, this same four components needed are:

Two or maybe more parties to expectations that are unmet. An appetite and capacity to be fulfilled on their part. A means enough for parties to connect. To share everything.

And according to the format prescribed throughout the problem, the business student realized he wanted a tutor for his performance to be enhanced. He discovered that throughout his local neighborhood, a wonderful teacher is readily accessible but uncertain of her identification to express it. He can interact with her towards his tuitions across multiple channels as she contributes to something like the surrounding community.

Answer:

.                                                       .

Explanation:

Which activity involved in the distribution function of a business concerns the supply of products from the manufacturer to the retailer?

Answers

Answer:a charge

Explanation:

Answer:

Transportation

Explanation:

Its in my notes that transportation is an important part in the distribution function

Katherine explains that she did tell the truth and that there was not available funding for employee wage increases. Alisa most likely decoded Katherine's explanation in what way?

Answers

Answer:

Katherine was lying and/or hiding something

Explanation:

Alisa most likely decoded Katherine's explanation in such a way that she believed Katherine was lying and/or hiding something. This is because based on psychological studies, individuals tend to state that they are "telling the truth" and yet still provide no actual proof when they are lying. In this scenario, Katherine simply states that she is "telling the truth" but has not shown Alisa any financial reports or other valuable data that proves that there was not enough funding, which would be easy to provide if they actually existed.

Which examples demonstrate workplaces common to Management workers? Check all that apply. Lamont has a separate office with a door so he can discuss confidential information with employees. India works from home all the time at a small desk in her kitchen and does not interact with others very often. Zoe frequently travels to the different locations of her large company to meet with the workers she supervises. Mickey sits at a desk out in the open in a busy office environment and is responsible for greeting new visitors.

Answers

Answer:

a and c

Explanation:

.

Lamont has a separate office with a door, so he can discuss confidential information with employees and Zoe frequently travels to the different locations of her large company to meet with the workers she supervises are the examples demonstrate workplaces common to Management workers. Hence, options A and C are correct.

What is Management workers?

A general manager, business manager, administrator, director, or other person who has operational or managerial control over, or who directly or indirectly manages, the day-to-day operations of a facility, organization, or agency is referred to as a managing employee.

Top-level managers, middle managers, first-line managers, and team leaders are the four most typical categories of managers. These positions differ not only in terms of their daily duties but also in terms of their overall role within the company and the types of personnel they supervise.

To accomplish particular objectives, managers plan, organize, direct, and control resources. The best strategy to accomplish their goals is determined throughout the planning process. In order to execute the company's strategy, resources must be allocated.

Thus, options A and C are correct.

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A transaction is initially recorded in the____journal, and then subsequently posted to the general____.
a. general ; ledger.
b. trial ; balance.
c. general ; journal.

Answers

Answer:

a. general ; ledger.

Explanation:

A transaction is initially recorded in the general journal, and then subsequently posted to the general ledger. In Financial accounting, this process of transferring information about a transaction from the general journal to the general ledger is known as posting.

Additionally, the main purpose of a general ledger is to list all accounts used in recording an organization's transactions and as such it contains a list of transactions affecting each account and the account's balance.

On the other hand, the purpose of a general journal is to record a chronological listing of every transaction for an organization at a given time.

Which is the equilibrium for an economic perspective

Answers

In economics, economic equilibrium is a situation in which economic forces such as supply and demand are balanced and in the absence of external influences the (equilibrium) values of economic variables will not change.

Growth has which positive effect for businesses?
A. It widens the area inside the frontier on a production possibilities
curve.
B. It allows products to be sold in a wide variety of new markets.
C. It cuts down on the amount of capital investment needed for
expansion.
D. It ensures that opportunity costs will never exceed overall
productivity.

Answers

Growth widens the area inside the frontier on production possibilities and has a positive effect on businesses. Thus option A is correct

What is business?

A corporation or creative entity engaging in business, industrial, and business life is referred to as a business. Corporations could be for-profit corporations or charitable institutions. Limited liability firms, sole traders, corporation, and collaborations are among the several types of businesses.

Growth benefits firms by expanding the territory inside of the frontier of production frontier. There might not be enough money to cover the cost of development. Your workplace and workers will be under more strain if you take on ever more tasks to boost you revenue. Facing pressure, business may be acting quickly in response instead than strategically.

Therefore, option A is the correct option.

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The elasticity of demand for a good is –0.75. A 4% increase in price will cause a:______.
A) 3% iecrease in quantity demanded.B) 5.33% decrease in quantity demanded.C) 5.33% increase in quantity demanded.D) 0.19% decrease in quantity demanded.

Answers

Answer:

A) 3% decrease in quantity demanded.

Explanation:

As we know that

The price elasticity of demand is

= Percentage Change in quantity demanded ÷ Percentage change in price

Since the elasticity of demand is -0.75

And, there is a price of 4%

Since, the price elasticity of demand is in negative that means the quantity demanded is decreased by 3% that comes from

= 4% × - 0.75

= -3%

Hence, the first option is correct

Pilot Company pays for two years of rent in advance. Recording this transaction would include a debit to:______.

Answers

Answer:

prepaid rent

Explanation:

From the question we were informed about how a Pilot Company pays for two years of rent in advance.

Incase of Recording this transaction, it would include a debit to prepaid rent

debit to prepaid rent is one of the journal entry for prepaid rent, and a prepaid rent is usually pen down as asset and it gives the rent expenses in future time , since the Pilot Company pays for two years of rent in advance,debit to prepaid rent must be included when recording the transaction.

List 5 common sections that are included in a résumé.

Answers

Answer: Contact Information

Accomplishments/Achievements

Education

Work Experience

Career Narrative

Explanation:

Answer:

Contact Information

Accomplishments/Achievements

Education

Work Experience

Career Narrative

Explanation:

Identify the career that matches the description. Develops new processes to improve crops and harvests: Creates decorative flower arrangements: Plants, grows, and harvests crops: Supervises workers who grow and harvest plants for individual customers: Maintains lawns, gardens, and parks:

Answers

Answer:

Identify the career that matches the description.

Develops new processes to improve crops and harvests:

✔ Soil or Plant Scientist

Creates decorative flower arrangements:

✔ Floral Designer

Plants, grows, and harvests crops:

✔ Farmworker or Laborer, Crop

Supervises workers who grow and harvest plants for individual customers:

✔ Nursery or Greenhouse Manager

Maintains lawns, gardens, and parks:

✔ Landscaping or Groundskeeping Worker

Explanation:

Edge 2021

Identify the career that matches the description:

Develops new processes to improve crops and harvests:Soil or Plant Scientist.

Creates decorative flower arrangements:Floral Designer.

Plants, grows, and harvests crops:Farmworker or Laborer, Crop.

Supervises workers who grow and harvest plants for individual customers:Nursery or Greenhouse Manager.

Maintains lawns, gardens, and parks:Landscaping or Groundskeeping Worker.

How do you maintain the landscape?Inspect your trees and shrubs.Test your soil. Fertilize your lawn. Fertilize trees and Shrubs, too. Control Weeds.Make planting beds neat and tidy.Add an inch-thick layer of fresh mulch in plant beds and around trees. Inspect your irrigation system.

Why landscape maintenance is important?Failing to maintain your landscape leads to plants and trees that are less resilient and more prone to diseases and vitality loss. Regular landscape maintenance keeps your plants healthy by ridding them of diseases and pests and saves you time and money by preventing irreparable damage.

What means landscape management?Landscape management is the care of land to ensure that landscapes can fulfil needs and aspirations in an effective and sustainable manner for present and future communities of users.

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Which is the main reason why IT professionals need to pursue continuing education and self-directed learning?
to obtain a formal degree
to develop a broad historical perspective
to meet legal training requirements
to maintain and improve professional skills

Answers

Answer:

B

Explanation:

Continuous professional development gives people the chance to improve their existing abilities and fill in any knowledge gaps, giving them an advantage in situations where they might need it, like a job interview.

Thus, Option D is correct.

What does professional development serve as?

To support individual, school-wide, and district-wide improvements for the objective of raising student achievement, professional development aims to enhance knowledge and abilities. Federal and state mandates place a constant increase in demands on educators.

The rules and expectations for all public schools across the nation have drastically changed as a result of the federal No Child Left Behind legislation. One of the numerous modifications is the requirement that all professional development be directed on raising student accomplishment.

Therefore, professional development typically entails teachers expanding their knowledge of instructional strategies or extending their comprehension of academic content.

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What kind of strategy is being used when a company puts coupons in front of the product at the grocery store?
customer loyalty
word-of-mouth
pull marketing
push marketing

Answers

Answer:

d

Explanation:

Nonrenewable energy cannot keep up with population growth. True False

Answers

Answer:

True

Explanation:

if a food server worker follows directions, how long does it take to wash his/her hands

Answers

Not so sure but I feel like a good 20/30 sec. would be good

Answer:

A food server worker should wash his/her hands for 20 sec or longer.

Hopefully this helped :)

Carrie is creating a personal balance sheet. The heading includes the period of time that the balance sheet represents. Which could be the header of Carrie's balance sheet?

Answers

Answer:

The answer is Carrie's Balance Sheet (January 2013)

Explanation:

It is titled Carrie's Balance sheet and it shows the date in the title, it is the only one with a specific month compared to a longer period of time.

Answer:Carrie’s Balance Sheet (January 1, 2021)

Explanation: Got it correct on edge.

A student wanted to know the most effective way to grow bacteria in a lab. He conducted a descriptive investigation instead of an experimental investigation. What is a limitation of his investigation? O A descriptive investigation cannot show a cause-and-effect relationship between bacteria growth and possible factors affecting growth. O A descriptive investigation is always more expensive than an experimental investigation. aner O A descriptive investigation usually does not involve much data collection to support a hypothesis. O A descriptive investigation provides little prior knowledge or background information about bacteria growth.​

Answers

Answer:

C). A descriptive investigation usually does not involve much data collection to support a hypothesis.

Explanation:

The limitation of a descriptive investigation is that 'it lacks sufficient data to support the proposition.' A descriptive investigation does not test the validity of a truth or distinct methods of growing it or to make comparisons between them. It rather focuses only on describing in-depth instead of practically examining the validity of the fact and using it to supporting the claim made in the hypothesis, unlike an experimental investigation. Thus, option C is the correct answer.

Answer: A - A descriptive investigation cannot show a cause-and-effect relationship between bacteria growth and possible factors affecting growth.

Explanation: the other answer was wrong i put his answer and when i got it wrong i was given the correct choice so i do not want yall to mess it up

If you find yourself part of a team at work , what is the best way to behave during a team meeting ?

Answers

Answer:

there was no multiple choice but i took the test the answer is stay focused on the topic and make your contributions are relevant

Explanation:

Answer: Stay focused on the topic and make sure your contributions are relevant

Explanation: APEX

benefit of family buisness​

Answers

Answer:

Commitment and unified leadership.

Stability.

Trust and authenticity.

Flexibility and versatility.

Vision and long-term goals.

Decrease costs and expenditures.

Next-generation ingenuity.

Answer:

you can inherit and have your life made for you

Explanation:

An increase in demand means that quantity demanded is higher at each price level. True or false

Answers

Answer:True

Explanation:

Explain why having a good accountant is important for a large business. What does an accountant do? Do some research to find out. What might happen to a business if they did not have an accountant?

Answers

Answer:

Having a good accountant if you own a large business is important because any mistakes could be detrimental in the long run and upset clients.An accountant takes care of all finances, If a business did not have an accountant it would most likely take a turn for the worst.

-Hope i helped :D

Choose the true statement below.
A. The net pay is correct.
B. The Social Security tax is not correct.
C. The Medicare tax is not correct.
D. The state tax is not correct.

Answers

Please find attached full question

Answer:

The net pay is correct

Explanation:

Since Chloe knows that her federal tax is correct, state tax which is 23% of federal tax will also be correct.

Therefore the net pay (which is arrived at after deductions) is correct since deductions from gross pay(which is also correct)- social Security tax which is 6.2% of gross pay, Medicare tax which is 1.45% of gross pay and state tax which is 23% of federal tax, are all correct.

tv show suggestions?

Answers

Ratched on Netflix is pretty good

Answer:

the umbrella academy, the good place, locke and key, i'm not okay with this, and the end of the fkcunig world

Explanation:

 What one question do you need answered that you feel would take you into the new school year successfully?

Answers

Answer:

will i ever be bullied?

Explanation:

Answer:

Be at the top, be the most populer.

Explanation:

Everyone will respect you

how can you make money at 13 years old.​

Answers

You can clean peoples trash cans and recycling bins in you’re neighborhood. I do this and I’m 16. It’s super easy and you make so much, I charge 20 bucks for both bins and sometimes if ppl are nice, they’ll tip u extra ;). This is super creative and shows a lot about you to others in the neighborhood. All there is to it is spraying the hose in the bin with some dish soap, using some disinfectant spray on the inside, and using a fresh center spray in the bin to make it smell good :) people love this!!

Answer:

Start a online business, sell your old stuff, make money off your own talents if you have a talent. For example: if you like to paint or make jewlery, sell them on etsy or ebay. Make money by babysitting, walking a dog, chores. Sell feet pictures on omegle or kik (some ppl have foot fetishes, i know a friend who made hundreds a month for selling her foot pics).

Explanation:

To see all the constraints in a sketch, * Highlight all the sketch pieces you would like to see constraints for O Click the show constraints box in the sketch dialogue box O Hoover over the sketch geometry you would like to look at Other White constraint icons indicate * Goose​

Answers

Answer:

Explanation:

now where the to truck top shot dont f around i walk in the building with every chain on jaydayoungan every chain on gleeeeeeeeeee

Burr Publishers purchased a building on March 20, 20Y1, for $160,000. Other amounts related to this purchase are as follows:
Price listed by seller on Jan. 1, 20X1, $180,000
Burr Publishers’ initial offer to buy on Jan. 31, 20X1, $140,000
Purchase price on Mar. 20, 20X1, $160,000
Estimated selling price on Dec. 31, 20X3, $220,000
Assessed value for property taxes, Dec. 31, 20X3, $190,000
1. Which amount related to this purchase should be recorded in the accounting records?
a. 220,000.
b. 180,000.
c. 140,000.
d. 160,000.
2. The resources owned by a business are its _____.
a. liabilities.
b. owner's equity.
c. assets.
d. none of these choices are correct.
3. The rights and claims of creditors on a company's assets are represented by _____.
a. liabilities.
b. owner's equity.
c. assets.
d. none of these choices are correct.
4. Which element of the accounting equation represents the rights of owners?
a. liabilities.
b. owner's equity.
c. assets.
d. none of these choices are correct.

Answers

Answer:

1. Which amount related to this purchase should be recorded in the accounting records?

d. 160,000.

According to the historical cost principle, assets must be recorded at their original purchase price, only accumulated depreciation can adjust their value.

2. The resources owned by a business are its _____.

c. assets.

Assets are all the resources a business uses to carry out their normal business activities and operations.

3. The rights and claims of creditors on a company's assets are represented by _____.

a. liabilities.

Liabilities represent all the debts that a company has.

4. Which element of the accounting equation represents the rights of owners?

b. owner's equity.

Equity refers to the part of a company owned by its stockholders or owners. A company can finance itself through all equity, or it can have a mixed financing structure with equity and debt (liabilities). The investment made by the owners of a company is represented by the equity part of the balance sheet.

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