During the year, FastDry Corporation has $ 340,000 in revenues, $ 155,000 in expenses, and $ 12,000 in dividend declarations and payments. Net income for the year was:

Answers

Answer 1

Answer:

Answer:

$185,000

Step-by-step explanation:

We have been been given that during the year, Fast Dry Corporation has $ 340,000 in revenues, $ 155,000 in expenses, and $ 12,000 in dividend declarations and payments.

We will use following formula to solve our given problem.

$\text{Net income}=\text{Revenues}-\text{Expenses}$

$\text{Net income}=\$340,000-\$155,000$

$\text{Net income}=\$185,000$

Therefore, the net income for the year was $185,000.

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Answers

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Answers

The correct answer for the question that is being presented above is this one: "d. 2/5." John is playing a game of darts. The probability that he throws a dart into the center of the dart board (the Bull’s eye) is 1/10. The probability that he throws the dart into the 10-point ring is 3/10. The probability that he either hits a Bull's eye or scores 10 points is 2/5

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