Q 1. Authorised capital of a company is $0.5mn, 40% of it is paid up. Loss incurred during the year is $50,000. Accumulated loss carried from last year is $0.2mn. The company has a Tangible Net Worth of ______
Consider the below graph:
If the average profit made on each PC sold by Quick PC was $62, what was the total profit over the four months for Quick PC?
The Cape Cod Cotton Candy Company had the following information available regarding last year's operations:
If sales were to increase by 200 units, what would be the effect on net income?