The preparation of Reading Readiness, Inc.'s multi-step Income Statement for the month ended January 31 is as follows:
Reading Readiness, Inc.
Income Statement
For the month ended January 31
Sales Revenue $175,500
Less:
Sales Returns 4,700
Sales Discounts 6,000
Net Sales $164,800
Cost of Goods Sold 67,700
Gross profit $97,100
Expenses:
Salaries and Wages $25,900
Depreciation Expense 13,800
Rent Expense 24,000
Operating expenses $63,700
Operating income $33,400
Interest Expense 1,600
Income before tax $31,800
Income tax expense 7,700
Net income $24,100
Data and Calculation:
Gross profit percentage = 59% ($97,100/$164,800 x 100)
Thus, the net income after deducting the income tax expense is $24,100.
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Answer:
65.532cm of rainfall over 12 months
Step-by-step explanation
Answer:
Option E.
Step-by-step explanation:
Let the intended length of Rebecca's swimming is = x units
and we assume the length of the pool = l units
Now it is given in the question that " She covers one fifth of her intended distance "
That means distance covered =
" After swimming six more lengths of the pool she had covered one quarter of her intended distance"
So
x = 20×(6l)
x = 120l
Therefore, Rebecca has to complete 120 lengths of the pool.
Option E is the answer.
Answer:
m<RPQ = 22°
Step-by-step explanation:
Given:
m<SRQ = 90°
PS = PQ
m<SQR = 46°
Required:
m<RPQ
Solution:
m<SQR + m<SRQ + m<RSQ = 180°
Substitute
46° + 90° + m<RSQ = 180°
m<RSQ = 180° - 136°
m<RSQ = 44°
Find m<PSQ:
m<PSQ = 180° - m<RSQ (Angles on a straight line
m<PSQ = 180° - 44° (Substitution)
m<PSQ = 136°
Find m<RPQ:
∆QSP is an isosceles triangle with two equal base angles. Therefore:
m<RPQ = ½(180° - 136°)
m<RPQ = 22°
Both of the other angles are 40° because a triangle has a total angle of 180° and an isosceles triangle means that at least two of the sides have to be the same length (two angles must be the same)
180 - 100= 80
80 ÷ 2 = 40