Ask Question
26 November, 18:08

Net income is equal to the total revenue from selling an item minus the cost of producing the item. Determine the net income if the revenue from a business is $400,000 and the cost is $156,800. Use I=R-C where I = net income, R = revenue, C = cost a. $243,000 is the net income b. $556,800 is the net income c. $243,200 is the net income d. $556,000 is the net income

+3
Answers (1)
  1. 26 November, 18:37
    0
    Net income 400,000-156,800=243,200
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Net income is equal to the total revenue from selling an item minus the cost of producing the item. Determine the net income if the revenue ...” in 📗 Mathematics 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