Ask Question
8 June, 18:56

Charlie's chocolates inc.'s stockholders made investments of $74,000 and dividends of $32,000. the company has revenues of $107,000 and expenses of $76,000. calculate its net income.

+4
Answers (1)
  1. 8 June, 19:25
    0
    Net income = revenues - expenses

    N = $107,000 - $76,000 = $31,000

    Net income is $31,000

    Dividends and investments aren't included in net income.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Charlie's chocolates inc.'s stockholders made investments of $74,000 and dividends of $32,000. the company has revenues of $107,000 and ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers