A company has assets totaling $30,000, sales revenues of $100,000, rent expense of $24,000, wages expense of $9,000, unearned revenue of $6,000. What is net income? O. $103,000 $67,000 $73,000 $97,000
A company has assets totaling $30,000, sales revenues of $100,000, rent expense of $24,000, wages expense of $9,000, unearned revenue of $6,000. What is net income? O. $103,000 $67,000 $73,000 $97,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:A company has assets totaling $30,000, sales revenues of $100,000, rent
expense of $24,000, wages expense of $9,000, unearned revenue of $6,000.
What is net income?
O. $103,000
$67,000
$73,000
$97,000
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