Happy Home, Inc. provides housekeeping services. The following financial data have been provided. Service Revenue $60,000...

Fantastic news! We've Found the answer you've been seeking!

Question:

Happy Home, Inc. provides housekeeping services. The following financial data have been provided Service Revenue Cleaning Supplies Used Wages Expense Office Rent Expense Depreciation Expense-Machinery 21,500 19,350 5,350 850 Calculate the operating income for the company OA. $12,950 O B. $32,300 O c. $19,150 O D. $13,800

Posted Date: Oct 01, 2021 09:02 AM

See More Questions

The following financial data have been determined from analyzing the records of Tims Brake Co. (a one-product firm): Contribution margin per unit ......... $50 Variable cost per unit ............ 42...
The following financial data have been deter-mined from analyzing the records of Joes Ceramics (a one- product firm): Contribution margin per unit ..... $ 25 Variable cost per unit ........ $ 21...
The following financial data were reported by 3M Company for 2008 and 2009 (dollars in millions). Instructions(a) Calculate the current ratio and working capital for 3M for 2008 and 2009.(b) Suppose...
What is the equal payment series for 12 years that is equivalent to a payment series of $25,000 at the end of the first year, decreasing by $1,200 each year over 12 years? Interest is 7% compounded...
What is the difference between par value and stated value?
The following account balances were included in the trial balance of Twain Corporation at June 30, 2012. The Retained Earnings account had a balance of $337,000 at July 1, 2011. There are 80,000...
Describe how the transaction date is determined for the purpose of initially recognising items arising from foreign currency transactions.
Avril, Inc., sells electronics and appliances. The excerpts that follow are adapted from Avrils financial statements for 2012 and 2011. Requirements 1. How much was Avrils cost of plant assets at...
1. 2. (c) Be(OH)2 (d) Sr(OH)2 Number of amphoteric compounds among the following is (a) BeO (B) Bao The stepwise formation of [Cu(NH)]* is given below: C ANH, LE [Cu(NH, ) [Cu(NH)]+NH, [Cu(NH3)2]+NH,...
AOL Company is an oil and gas company operating in Southeast Asia. The management decided to expand its commodity-based business to countries in Asia and Europe. What types of risk may be faced by...
The complete bipartite graph K,m,n is the graph on m +n vertices {u1,..., Um, U1, -.., Un} where each u; is adjacent to each v;. Hence Km.n has exactly mn edges. Show that K(Km,n) = m"-!nm-1
True Or False A physician has a legal obligation to inform a patient about an alternative treatment even if he does not think the alternative treatment will work in the patients case.
True Or False Contributory negligence is not a defense to intentional torts or to claims of negligence per se.
What if a person is not a party to the action? Should fault be assigned to their actions?
True Or False Last clear chance is basically a defense for the plaintiff.
True Or False In most courts evidence of collateral benefits is inadmissible.
According to Peter Drucker, effective leaders should ______. Multiple choice question. focus on problems rather than opportunities prepare for meetings depending on the type of meeting speak first,...
Why is the national security argument for tariffs questionable?
What is the value of equity at time zero? A. 44,055. B. 77,973. C. 122,027. Mun Hoe Yip is valuing Pure Corporation. Pure is a simple corporation that is going out of business in five years,...
Economic income during Year 1 is closest to: A. 23,186. B. 29,287. C. 46,101. Mun Hoe Yip is valuing Pure Corporation. Pure is a simple corporation that is going out of business in five years,...
What is EP during Year 1? A. 12,101. B. 6,000. C. 6,000. Mun Hoe Yip is valuing Pure Corporation. Pure is a simple corporation that is going out of business in five years, distributing its income to...