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Charlie's chocolates inc.'s stockholders made investments of $74,000 and dividends of $32,000. the company has revenues of $107,000 and expenses of $76,000. calculate its net income.

Respuesta :

tejanoajet
Net income = revenues - expenses 
N = $107,000 - $76,000 = $31,000

Net income is $31,000

Dividends and investments aren't included in net income. 
zubam2002

Answer:

$63,000

Explanation:

Net profit = sales revenue + dividends = $(107,000 + 32,000) = $139,000

Net income = Net profit - expenses

Net income = $139,000 - $76,000 = $63,000      

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