Refer to this income statement to answer the question below. Forks Gym Income Statement For the Month Ended August 31, xxxx Revenue: Membership Fees Revenue Rental Revenue Instruction Revenue Total Revenue 10,000.00 3,000.00 4,000.00 17,000.00 Expenses: Advertising Expense Rent Expense Utilities Expense Total Expenses 3,000.00 4,000.00 1,000.00 8000.00 Net Income 9,000.00 What is the total revenue for membership fees?

Answers

Answer 1

Answer:

The total revenue for membership fees is $10,000.00

Explanation:

As per given data

Revenue:

Membership Fees Revenue 10,000.00  

Rental Revenue _________3,000.00

Instruction Revenue ______4,000.00  

Total Revenue __________17,000.00

Expenses:

Advertising Expense _____3,000.00

Rent Expense __________4,000.00

Utilities Expense ________1,000.00

Total Expenses  _________8,000.00

______________________________

Net Income ____________9,000.00

_______________________________

Net Income is calculated as follow

Net Income = Total revenue - Total Expenses = 17,000.00 - 8,000.00 = 9,000.00

Total revenue for the membership fee is in the revenue section and it is 10,000.00 only.


Related Questions

Match the terms in Column I with the descriptions in Column II


Column I

1. Religious values

2. Prudential values

3. Intellectual values

4. Accountability

5. Aesthetic values

6. Integrity

7. Economic values


Column II

A. concerned with one's religious doctrine

B. concerned with beauty and appearance concerned with one's own interests

C. concerned with reasoning

D. concerned with cost, efficiency, and control

E. people with this value behave in a manner that is consistent with ethical beliefsa

F. quality in individuals whereby each knows, understands, considers and accepts

G. the impact and consequences of personal actions and decisions

Answers

Answer:

Where is a picture of the assignment

Explanation:

What is the answer ??? 10 points

Answers

Answer:

Initial payments includes a higher amount of money being paid upfront so the amount borrowed is less.

Explanation:

A down-payment is the initial cash payments that a borrower makes when they want to borrow money to finance the purchase of an expensive good or service. The down-payment is expressed as a percentage of the total amount to be borrowed. Because the nonpayment is paid in cash, it reduces the loan amount. A down-payment reduces the lender's risk enabling them to offer loans at lower interest rates

11. Calculating the price elasticity of supply Felix is a stay-at-home parent who lives in Houston and does some consulting work for extra cash. At a wage of $25 per hour, he is willing to work 4 hours per week. At $40 per hour, he is willing to work 10 hours per week. Using the midpoint method, the elasticity of Felix's labor supply between the wages of $25 and $40 per hour is approximately , which means that Felix's supply of labor over this wage range is

Answers

Answer:

The elasticity of Felix's labor supply between the wages of $25 and $40 per hour is approximately 1.08.

Since 1.08 is greater 1, this means that Felix's supply of labor over this wage range is elastic.

Explanation:

From the question, we have:

New number of hours willing to work = 10

Old number of hours willing to work = 4

New wage = $40

Old wage = $25

Generally, the formula for calculating the price elasticity of labor supply is as follows:

Price elasticity of labor supply = Percentage change in hours willing to work / Percentage change in wage ................ (1)

Where, based on the midpoint formula, we have:

Percentage change in hours willing to work = {(New number of hours willing to work - Old number of hours willing to work) / [(New number of hours willing to work + Old number of hours willing to work) /

2]} * 100 = {(10 - 4) / [(10 + 14) / 2]} * 100 = 50%

Percentage change in wage = {(New wage - Old wage) / [(New wage + Old wage) / 2]} * 100 = {(40 - 25) / [(40 + 25) / 2]} * 100 = 46.1538461538462%

Substituting the values into equation (1), we have:

Price elasticity of labor supply = 50% / 46.1538461538462% = 1.08333333333333

Approximated to 2 decimal places, we have:

Price elasticity of demand = 1.08

The elasticity of Felix's labor supply between the wages of $25 and $40 per hour is approximately 1.08.

Since 1.08 is greater 1, this means that Felix's supply of labor over this wage range is elastic.

Why is profit maximization supposedly not the most important goal of a company? Explain your answer by citing real life situations

Answers

Answer:

Profit maximization refers to a method adopted by the company to earn more amount of profit through its business operations and investments. Under this, a firm focuses that every decision should contribute profit in the account of the organization.

Explanation:


If a business experiences a loss for three years straight, the _______ concept tells us to assume the business will continue operations regardless.

Answers

Explanation:

Do you have any answer choices? Are do you have to find the blank?

Describe the importance of the OSHA and what help they provide for small companies.

Answers

Answer:

OSHA's role is to assure the safety and health of America's workers by setting and enforcing standards; providing training, outreach, and education; establishing partnerships; and encouraging continual process improvement in workplace safety and health

.What are some potential difficulties that you might encounter when doing business in the Chinese market?

Answers

Answer:

The answer is below

Explanation:

There are various potential difficulties one might encounter when doing business in the Chinese market. Some of which are:

1. Intellectual property issue: this is an area of business that is known to be one of the big issues in China. It is reported that a lot of inventors have problems in protecting their inventions, as many other competitors can just pick the invention idea and build on it without sanctions.

2. Governmental challenges: there is a huge issue of lack of transparency and corruption in China, most especially against foreign business owners.

3. Market Access: because of the diverse and big difference in consumers' consumption habits and distribution operations in China compared to other countries, most especially non-Indochina countries, will make the market access difficult for foreign business.

4. Consumer preference: consumers' preference in China is reported to be different and distinct compared to what is obtained outside China. Hence, foreign business owners will find it challenging to cope.

5. Bureaucracy: to obtain necessary licenses and permits in china requires going through a long process, which may even be more delayed to foreign business owners.

Dennis has just gotten a new job at a national credit card company's headquarters. He is working in the
human resources department. It is likely that, as far as health insurance is concerned,
his employer is paying 100 percent of the contributions
he must find his own health insurance
he is paying 100 percent of the contributions
he and his employer are both paying a portion of the contributions

Answers

Answer:

He and his employer are both paying a portion of the contributions

Explanation:

Most employees of private companies in the United States have employer-sponsored healthcare insurance. This means that the company they work for chooses the insurance plan, and pay the biggest share of the cost of the plan. However, the employee also has to contribute to the cost, allocating a percentage of his salary for this installment.

This is the type of plan Dennis would be enrolled once hired by the national credit card company.

The study of economics focuses most on...
A. all of the above
B. explaining how people deal with scarcity
C. explaining how incomes are earned and jobs are created
D. studying how things are made bought, sold, and used

Answers

A, all of above because they are all the study of economics

Think about your shopping habits .Make a list of all businesses to which you are a loyal customer .Now jot down some reasons that you remain loyal to that business .
Pls helpp.

Answers

Answer:

I need MILk... Answer 333

Explanation:

why do people care about their social status?

Answers

Answer:

because they could be very popular

Explanation:

can you give brainliest

what is 4/8 = ??????????????????????

Answers

Answer:

4/8 is equivalent to 1/2

Explanation:

Hope it helps a lot :]

Answer:

4 divided by eight? if this is the question then the answer is 1/2

Explanation:

let me know if that was what you were asking

HELP ME PLEASE
Based on the cell theory, which of the following is true? (5 points)
All cells are too small to be seen.
All living things are made of cells.
Small organisms have more cells than large organisms.
Large organisms have larger cells than small organisms.
5.
(04.02 LC)

Anton Leeuwenhoek devised a primitive microscope to observe a sample of his tooth scrapings. How did this help contribute to cell theory? (5 points)
It helped to show that cells cannot function independently.
It helped to show that some bacteria can swim like fish.
It helped to show that some bacteria are just one cell.
It helped to show that cells can be created from thin air.
6.
(04.02 MC)

A scientist eliminated all living organisms in a jar of soup by heating it. He then left the soup jar uncovered for some days. After a few days, he saw molds in the soup. What most likely formed the mold? (5 points)
Mold spores present around the jar
Nonliving matter in the environment
Water molecules in the soup
Glass particles in the jar
7.
(04.02 LC)

A scientific theory is different than the way we use the word theory in common speech. Which of the following describes the way the term theory is used in everyday life? (5 points)
It explains how nature works.
It is supported by observation and testing.
It is supported by experimental results and data.
It is a random guess about how something happened.
8.
(04.02 MC)

Read the two statements given below.

Statement 1: Children knocked over the trash can while cycling
Statement 2: Plant cells generate from sunlight and chlorophyll

Which of the following best relates the statement to the correct type of theory? (5 points)
Both statements are about scientific theories.
Both statements are about everyday life theories.
Statement 1 is about an everyday life theory, and statement 2 is about a scientific theory.
Statement 1 is about a scientific theory, and statement 2 is about an everyday life theory.
9.
(04.03 LC)


Which number label represents the nucleus?
6
5
3
2
10.
(04.03 LC)

Which organelle provides protection and support to a cell? (5 points)
Cell wall
Cytoplasm
Nucleus
Ribosome
11.
(04.03 MC)

Plant cells and animal cells were observed under a microscope. The characteristics of two cells are listed below.

Cell X: Has chloroplast
Cell Y: Does not have a cell wall

Which statement about the two cells is correct? (5 points)
Cell X has a cell membrane.
Cell X has a small vacuole.
Cell Y has a large vacuole.
Cell Y has chloroplast.
12.
(04.03 MC)

What will most likely happen in the absence of a cell wall? (5 points)
Photosynthesis will not occur.
The cell will lose its shape and support.
Cellular respiration will not take place.
Substances will not move in and out of the cell.

Answers

Answer:

I only know the answer to the last question, sorry.

The cell will lose its shape and support

Explanation:

I took the quiz.

The assets (what a business owns), liabilities (what a business owes), and capital (how much a
business is worth) are shown on a(n):
income statement
profit and loss statement
balance sheet
cash flow statement

Answers

Answer:

balance sheet

Explanation:

Businesses are required to prepare a balance sheet at the end of every financial year. The balance reports the net worth of a company. It lists all the assets and their values on one side and liabilities and equity on the side. The balance sheet follows the accounting equation to indicate the total assets on one side. It shows how the assets have been financed through liabilities and equity.

The main functions of human resource management can be categorized into ... A. Line function, management functions, and employee functions. B. Specialized functions and generalized functions. C. Staff functions, line functions, and coordination functions. D. Labor functions, coordinate functions, and general functions.

Answers

Answer:

C. Staff functions, line functions, and coordination functions

Explanation:

Human resource management functions may be classed into : line functions which involves the segment charged with the transition of an organization directly into its daily operational activities such as production, selling marketing and other customer service activities. The Staff functions of the human resource Management refers to advisory support on various activities of the organization which has to do with staffing, recruitment.

Coordination function involves the implementation of strategies which ensures synergy between various departments ensuring the adopting of best strategy to ensure maximum output.

You found something on the Internet about a
topic for a paper. Which of the following are
efficient ways to use the Internet? Check all of
the boxes that apply.
Check to see if this information is reliable.
Think critically about what you found to see
if it makes sense based on your prior
knowledge.
Make sure that the Internet is the best place
to be doing research of this type.
See what your social network is up to.

Answers

Answer:

its 1 2 3 thats the answer

Explanation:

1.Check to see if this information is reliable.

2.Think critically about what you found to see if it makes sense based on your prior knowledge.

3.Make sure that the Internet is the best place to be doing research of this type.

The following are efficient ways to use the Internet to find something on the Internet about a topic for a paper.

Check to see if this information is reliable.Think critically about what you found to seeif it makes sense based on your prior knowledge.

The correct options are A, B, and C.

How do you use the internet essay?

In essence, the Internet has made our lives more convenient and easy. Thanks to the internet, the entire world is now at our fingertips. We cannot help but recognize its significance when we consider how it has altered the world of today. Today, it is utilized in every aspect of life.

Sources you can trust are required for reliable information. A trustworthy source will offer a "thorough, well-reasoned theory, argument, etc. based on strong evidence," says UGA Libraries. Peer-reviewed academic books and articles are examples of sources that are widely regarded as reliable.

Thus, the ideal selection options are A, B, and C.

Learn more about The Internet here:

https://brainly.com/question/13308791

#SPJ5

Suppose that in order to discourage people from smoking the government decides to place an excise tax on every pack of cigarettes sold. As a result of the tax, the supply of cigarettes decreases by 150 packs of cigarettes at each price.

Answers

Answer:

Following are the solution to this question:

Explanation:

Please find the complete question in the attachment file.

For point A:

The complete table can be defined as follows:

[tex]\bold{price \ \ \ \ \ \ \ \ \ pre-tax \ \ \ \ \ \ \ \ \ post-tax}\\\\2 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 50\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 0\\\\2.5\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 100\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 0\\\\3\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 150 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 0\\\\3.5 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 200\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 50\\\\4 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 250\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 100\\\\[/tex]

For point B:

When the price is 3.5, producers are fully capable of selling 50 cigarette packages.

Slogan for voice notes it’s a notebook that’s writes for u when u speak

Answers

how much does it cost?

Which of these examples demonstrate common qualifications for Information Support and Services careers? Check
all that apply.

Gabriella is a good leader and handles responsibility well.

Blaine can stand for long periods of time without getting tired.

Maureen is able to lift heavy objects.

Kyung can accurately estimate how long different tasks will take.

Carter is skilled in art and graphic design.

Octavio is good at breaking down large projects into smaller steps.

Answers

Answer:

146

Explanation:

Answer: 1. Gabriella is a good leader and handles responsibility well.

4. Kyung can accurately estimate how long different tasks will take.

6. Octavio is good at breaking down large projects into smaller steps.

What is the title of the Access form shown above? frmBasic tblRetailer 0001 Spice World

Answers

Answer:

The answer is "frmBasic".

Explanation:

Some of the information is incomplete within that question and therefore its solution can be described as follows:

In Access, the form is a unique address, which you can use to construct a database user interface. In this, the 'bound' may be used to access, edit, or access data from the source of data directly connected to the data source, for example, the Table or query, and by right-clicking on form or document. It navigation pane and on the menu bar on Template View. At this the Title tab on the Design tab of the Header/Footer party, that's why the above given choice is correct.

Suppose Pepsi-Cola which includes Mount dew and several other sodas purchase Coca-Cola and cokes families of sodas to form one large metal company what do you believe would happen to the price of sodas in the United States

Answers

The price of soda would go-nowhere-because that is SOOO unrealistic! But it would go down because the more you have of something the cheaper it is

Select the correct answer from each drop-down menu.
What does a personal budget do?
A personal budget provides a ( salary slip, detailed account, summary)
of income and expenses for a (monthly,given,yearly)
period.

Answers

Answer:

A personal budget provides a detailed account of income and expenses for a period.

Explanation:

A personal budget is a plan of how one intends to spend their income.  It shows the source of income and the total on one side. The expenses are listed on a different side. Each expenditure item is listed and its estimated amount is indicated. The total of all incomes and expenses is shown on their respective sides.

A personal budget may be prepared for a regular income say monthly, weekly, or quarterly payments. It can also be prepared for irregular incomes such as loans, gifts, or bonuses.

Answer:

A personal budget provides a Summary of income and expenses for a

Given period

Explanation:

got it right on the test for edmentum.

Dividends declared is subtracted from the Statement of Retained Earnings. True or False.

Answers

Answer:

True

Explanation:

Retained earnings are profits that management opts not to distribute to shareholders. They are profits invested back in the business. The statement of retained earnings is the financial statement that records the retained earnings.

Calculation of retained earnings is by deducting dividends from the net profits. In the statement of retained earnings, net profits are added to the beginning balance of retained earnings and subtracting dividends declared.

Other Questions
John robs a convenient store. The police arrest himwithout reading him his rights. They question him.Though he requests a lawyer, he is not allowed tohave one present. John signs a written confession tothe crime because they promise a lighter sentence 7. Chris used some square tiles to make an array. He made 8 equal rowsand had 3 tiles left over. He started with more than 80 tiles, but less than 100.a) How many tiles did he start with? Find more than one answer.Show your steps. what is a solution for deforestation (full sentences please) pretend that you touch a hot pan on the stove, and you immedentially pull your hand away without thinking about it. in this scenatrio, what is the stimulus and the response? 9 (1+4) + 7 3 4 = Refer to your Expeditions in Reading book for a complete version of this text.Based on Solar Power for Public Buildings, which answer best states the authors position on the use of solar power in California?A The use of solar energy will double the pollution produced in California.B The states tap water will be purer if processed in solar-powered plants.C Increasing the use of solar power will positively impact the environment.D Solar panels remove most of the toxic chemicals found in the atmosphere. I'm learning about sin, cos, and tan but I don't know how to use my calculator. My problem right now is -1.8=cos x and I need to solve for x but I dont know what to do in my calculator. How is radioactive dating used to measure Earths age? choose one of the statement that accurately describes entrepreneurship: Which group of city states from West Asia colonized much of the Mediterranean and were named after their famous purple dye?Question 4 options:GreeksPhoenicians EgyptiansAkkadians a bus accelerates from 2 m/s to 10 m/s in 5 seconds. What was its average acceleration?Please Help . A system may become infected by some spyware through the internet or e-mail. Seventy percent of the time the spyware arrives via the internet, thirty percent of the time via email. If it enters via the internet, the system detects it immediately with probability 0.6. If via e-mail, it is detected with probability 0.8. What percentage of times is this spyware detected Anita is concerned that she'll be diagnosed with type 2 diabetes. What type of lifestyle change could she make to help prevent this diagnosis?A. switch to a diet low in fat and sugar and maintain an active lifestyleB. switch to a vitamin-rich diet and maintain a somewhat active lifestyleC. switch to a protein-rich diet but keep a sedentary lifestyle Twice the difference of a number and 2 is added to 6 and the result is 4 more than 3 times the number. help me please :) fvbyhbunybftfr What is the answer ??? 10 points What is 2+2 plzzzzz help Im only 83 Im literally gonna go insane from this TwT is 2/5 a reduction, enlargement or isometric The lowest recorded temperature in a town was 4F, without the windchill. With the wind, the temperature felt like 10F below zero. On a number line, what is the distance between the two temperatures?671415