Below is last month's business income statement for Korey's Comics. Using the information provided in the statement, determine both the gross profit and net income for Korey's Comics last month. Korey?s Comics Monthly Business Income Statement Revenue Sales: $5,670 Returns: $185 Net Sales: Cost of Goods Sold Beginning Inventory: $625 Purchases: $1,460 Goods Available for Sale: Ending Inventory: $665 Total Cost of Goods Sold: GROSS PROFIT: Operating Expenses Wages: $1,230 Rent: $650 Utilities: $185 Advertising: $90 Taxes: $125 Total Operating Expenses: NET INCOME: a. $4,065; $1,785 b. $5,485; $1,785 c. $4,065; $2,280 d. $5,485; $2,280 ANSWER IS A !!!

the correct answer is 1: 2

step-by-step explanation:

hope this your welcome : )

x=0

step-by-step explanation:

a

step-by-step explanation:

55.44 inches

step-by-step explanation:

part a. assuming a perfectly linear relationship, we can find the slope from the first two data points.

slope = m = (change in rainfall)/(change in years)

= (61.80 -62.33)/(2005 -2004) = -0.53/1 = -0.53

then the point-slope form of the equation of the line can be written as

y = m(x -h) +k . . . . . m = -0.53, (h, k) = (0, 62.33)

y = -0.53x +62.33 . . . x = years after 2004

part b. in 2017, x = 2017 -2004 = 13. then the predicted rainfall is

y = -0.53·13 +62.33 = 55.44 . . inches

the predicted rainfall in 2017 is 55.44 in.