Author Question: The Spotless Car Wash Company has annual revenue of 200,000 . Their operating expenses include ... (Read 114 times)

jazziefee · **on:** Jun 24, 2018

The Spotless Car Wash Company has annual revenue of 200,000 . Their operating expenses include salary expense of 105,500, depreciation expense for equipment of 8,000, supplies expense of 12,000, and miscellaneous expenses of 2,000 . What is the net profit before federal income tax for the Spotless Car Wash Company?
a. 327,500

b. 127,500

c. 83,500

d. 72,500

Question 2

In general, important characteristics of probability distributions include the following distinctions:
a. discrete versus continuous
b. symmetric versus skewed
c. bounded versus unbounded
d. positive (or nonnegative) versus unrestricted
e. all of these choices