All of the following could be on a multi-step income statement except for
A. non-operating income
B. income from discontinued operations
C. income from continuing operations
D. no subtotals or intermediate calculations of income before net income.

Answers

Answer 1

The correct answer is D. no subtotals or intermediate calculations of income before net income. A multi-step income statement includes sections for non-operating income, income from discontinued operations, and income from continuing operations.

A multi-step income statement is a financial statement that presents the revenues, expenses, gains, and losses of a company in a structured manner. It typically includes multiple sections or steps to provide more detailed information about the various components of a company's income. The components that could be included in a multi-step income statement are: A. Non-operating income: This section includes income or expenses that are not directly related to the core operations of the business, such as interest income, dividend income, or gains/losses from the sale of assets. B. Income from discontinued operations: This section reports the income or loss generated from the operations that have been discontinued or are held for sale. It includes the results of the discontinued segment until the date of disposal or classification as held for sale. C. Income from continuing operations: This section presents the income or loss generated from the ongoing operations of the company, excluding any income or loss from discontinued operations.

D. No subtotals or intermediate calculations of income before net income: This option is incorrect because a multi-step income statement does include subtotals and intermediate calculations to provide a clearer presentation of the components of income. It typically includes subtotals for gross profit, operating income, and income before taxes, leading to the final net income figure.

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Related Questions

What must people taking out a mortgage agree to? Check all that apply. A loan amount plans for repairs an interest rate renovation ideas payment terms.

Answers

The things which people who are taking out a mortgage must agree to are:

A loan amount, Interest ratePayment terms

According to the given question, we are asked to state the things which people who are taking out a mortgage must agree to and why they are essential for obtaining this loan.

As a result of this, we can see that when a person is taking out a mortgage loan, then he is expected to agee on the loan amount, the interest rate and the payment terms.

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Answer:

A loan amount,

Interest rate

Payment terms

Explanation:

in competitive markets with low entry barriers, the optimal channel structure will inevitably change over time. answers: true false

Answers

True, in competitive markets with low entry barriers, the optimal channel structure will inevitably change over time.

The reason for this is that low entry barriers make it easy for new competitors to enter the market, which in turn increases competition.

As competition intensifies, businesses need to adapt their channel structures to maintain or gain a competitive advantage. Evolving customer preferences and market dynamics may lead to changes.



In order to stay competitive, businesses may explore alternative distribution channels, adopt new technologies, or forge partnerships with other companies to enhance their channel efficiency.

For example, the rise of e-commerce has forced many traditional brick-and-mortar businesses to adopt online channels in order to reach their customers effectively.

Overall, constant changes in the competitive landscape, technological advancements, and consumer behavior make it essential for businesses to adapt and revise their channel structures in markets.

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Your father obtained a car loan payable in lump sum in 5 years at a total amount of P800,000 with an annual rate of 15%. What is the present value?

Answers

Answer:

the present value is $397,741.39

Explanation:

The computation of the present value is shown below

As we know that

Present value = Future value ÷ (1 + rate of interest)^years

= 800,000 ÷ (1 + 0.15)^5

= 800,000 ÷ 1.15^5

= $397,741.39

Hence, the present value is $397,741.39

Mama C's Pizza instructs its telephone pizza order takers to pick up the telephone on the first ring and not to put customers on hold. When answering the telephone, an order taker must be energetic, friendly and let the customer hear the smile on his or her face. Mama C's guidelines for order takers' telephone answering behavior will influence which of the following service quality dimensions for Mama C's?
A) Reliability
B) Responsiveness
C) Assurance
D) Empathy
E) Tangibles

Answers

Answer:

B

Explanation:

it's responsiveness bc you're responding in a positive way and it looks better in the customer service world

B is the answer

100% on edge

Which of the following characteristics of a professional business letter distinguishes it from a personal business letter?

Answers

Characteristics of a professional business letter distinguish it from a personal business letter is many professional business letters are printed on letterhead". Option (D) is correct.

What is Business letter?

A business letter is a communication between two businesses, or between businesses and their clients, consumers, or other outside parties. The relationship between the parties affects the letter's overall style.

Formal letters address someone professionally, whereas informal letters do so in a more personal manner. This is the major distinction between formal and informal letters. In addition, professional letters must adhere to a particular format, whereas casual letters can use any format.

Therefore, Option (D) is correct.

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Your question is incomplete, the complete question is;

which of the following characteristics of a professional business letter distinguishes it from a personal business letter? a. professional business letters come from individuals writing on their own behalf. b. many personal business letters are printed on letterhead. c. personal business letters come from individuals representing a company. d. many professional business letters are printed on letterhead.

R. E. Lee recently took his company public through an initial public offering. He is expanding the business quickly to take advantage of an otherwise unexploited market. Growth for his company is expected to be 40 percent for the first three years and then he expects it to slow down to a constant 15 percent. The most recent dividend was $0.75. Based on the most recent returns, the beta for his company is approximately 1.5. The risk-free rate is 8 percent and the market risk premium is 6 percent. What is the current price of Lee's stock

Answers

Answer: $77.13

Explanation:

Based on the information given in the question, the current price of Lee's stock will be calculated thus:

First, the required rate of return will be:

= 8% + (1.5 × 6%) = 8% + 9% = 17%

Year 1:

Cash flow: 1.05

Present value: 0.90

Year 2:

Cash flow: 1.47

Present value: 1.07

Year 3:

Cash flow: 2.06

Present value: 1.28

Year 4:

Cash flow: 118.34

Present value: 73.88

The current price of Lee's stock will be:

= 0.90 + 1.07 + 1.28 + 73.88

= 77.13

The current price of Lee's stock is $77.13.

hi i know this is random but this actress looks like someone famous to me and i can't figure it out. the actress is kristan stewart but she looks like someone else so i'm wondering who does she look like to y'all?

hi i know this is random but this actress looks like someone famous to me and i can't figure it out.

Answers

Answer:

she looks like elly or mary rose

the use of money and credit controls to change the macroeconomy is

Answers

According to economic theory, using money and credit controls to change the macroeconomy is "Monetary Policy."

What is Monetary Policy?

Monetary Policy is the policy or method by which government controls the amount of money in circulation in an economy.

Monetary policy can increase or reduce rue money in an economy.

The three primary tools of Monetary Policy are:Reserve requirementsDiscount rateOpen market operations

Hence, in this case, it is concluded that the correct answer is Monetary Policy.

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g explain how a monopolist can increase profits by price discrimination. what are the conditions necessary for price discrimination?

Answers

If demand is inelastic, then the monopolist can increase profits by increasing prices, where the increase in price more than offsets the drop in quantity

What exactly is a monopolist individual?

A monopolist is a person, organization, or business that controls and dominates the marketplace for a particular item or service. Due to the absence of substitute products or services and competition, monopolists can command high prices since they have sufficient market power.

How did monopolists behave?

A monopolist is a person, team, or business that dominates the market for an item or service. Monopolists frequently demand high pricing for their products. A significant piece of American legislation known as the Clayton Antitrust Act was passed in 1890 and forbade cartels, monopolies, and trusts in order to boost economic competition.

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Bob leased an apartment for three years from the Steiners. He was never late on his rent in those three years, kept the apartment immaculate, and never caused a moment of trouble. He has recently purchased his first home and moved out of the apartment. As expected, Bob gave the Steiners sixty days’ notice he would be moving and left the apartment in perfect condition. It has been 45 days since he moved out and he's been watching for his security deposit refund to purchase a new sofa. When should he expect his security deposit refunded?

Answers

Answer:

The remaining part of the question is:

When should he expect his security deposit refunded?

1. If there had been no damage or cleaning required, which seemed highly unlikely in Bob’s case, the landlord should have refunded his security deposit within 21 days of Bob’s vacating the property.

2. If there had been no damage or cleaning required, which seemed highly unlikely in Bob’s case, the landlord should have refunded his security deposit within 30 days of Bob’s vacating the property.

3. If there had been no damage or cleaning required, which seemed highly unlikely in Bob’s case, the landlord should have refunded his security deposit within 14 days of Bob’s vacating the property.

4. None of the Above.

Correct Answer:

1. If there had been no damage or cleaning required, which seemed highly unlikely in Bob’s case, the landlord should have refunded his security deposit within 21 days of Bob’s vacating the property.

Explanation:

According to the tenancy agreement which is binding between landlords and tenants, the most logical time fora tenant to be refunded his deposit would be within 21 days of exiting the apartment. Especially, if there has been no damage on the said apartment whatsoever.

Which of these statements about a business plan is true?

A. Businesses do not need to document a business plan.
B. Established businesses do not create a business plan.
C. A business plan is a business’s roadmap for the future.
D. A business plan guarantees a business’s success.​

Answers

Answer:

The correct answer would be option C, A business plan is a business's road map for the future.

Explanation:

A business plan is basically a written document, in which the goals of the company are written down. The methods to achieve those goals are also written down and the time to achieve the goals are specified. Goals with timelines and deadline are written. This helps a business in setting up a road map to move towards the set goals of the company. Established businesses always create and follow business plans as business plans guarantee a business's success.

Answer: C. A business plan is a business’s roadmap for the future.

when a person has an internal locus of control, which leadership style will likely be best for them?

Answers

When a person has an internal locus of control, the type of leadership style that will probably be the best for them is self control or self management.

What is an Internal Locus Control?

Internal Locus of Control refers to the personal perceptions that one's behaviour is depended on one's personal decisions and efforts. For example, a driver with an internal locus of control might blame his accident on their lack of driving skills, whereas drivers with an external locus of control may blame a faulty break or inappropriate driving by other driver.

Therefore, the correct answer is as given above

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A company's value chain Multiple choice question. is not analytically useful if it is a non-manufacturing company. includes only the company's supply chain management activities that add value for customers. includes only the primary activities that the company performs. identifies the company's internal activities that create value for customers.

Answers

Answer:

identifies the company's internal activities that create value for customers.

Explanation:

A value chain is a business model that shows the activities in the full range required for developing the product or service. Here the motive of value chain analysis is to rise the production efficiency so that the company is able to delivered the maximum value at the lesser cost

Also, it identified the internal activities of the company that could develop and add the value to the customers

FORM 2 BUSINESS HOLIDAY ASSIGNMENT
1 Differentiate between
ru Business and Business Studier
(2) Trade and Commerce
Qin External and internal business environments
(in Generic and enterprise forms of competitive environment
2. Explain five Characteristics of Economic resources
3. Explain five Characteristics of good thing System
4. Explain five uses of computers in an office
5. Explorin five examples of small-scale retailers wilu Shop
6. Explain five functibus of Wholesalers
, to producers
7 Give five terms of
payments
in home trade
8. Give five advantages of sole proprietorship forms of business to
9. Give four Sources of capital for public Limited Compar
10. Give five roles of Conimersial attache's
16 Give five essential elements of Communication
12. Give five importance of Warehouse
13. Explain five trending issues in transport
14. Explain Metuels of government involvement in basica
15. Explain five barriers to effeceive Communication​

Answers

Answer:

Explanation:

2.Private: Easily excluded and subtractive.

Common pool: Difficult to excluded and subtractive.

Toll: Easily excluded and jointly consumption.

Public: Difficult to exclude and jointly consumed.

3.These are hypothesized to include functional “goodness”, good infrastructure, reliability, connect-ability, versatility and benefits that overflow/overwhelm the system's scope or initial investment.

4.Some of the popular uses of computers in offices include preparation of word documents such as letters, reports, processing of work documents such as work orders and financial reports, presentation of reports and proposals to and behalf of executive and higher level office personnel, management of email services

6.(i) Buying and Assembling:

The wholesaler purchases goods in large quantities from different manufacturers and assembles them at one place and stores them in his warehouse and resell to the retailers.

(ii) Warehousing:

By preserving the goods received from different manufacturers in stores, the wholesaler performs the function of warehousing. The storage of goods is needed on account of time lag between production and consumption of goods.

(iii) Grading and Packaging:

The assembled goods are graded in accordance with their quality and packed in different containers before supplying to the retailers. In this manner, the wholesaler performs important marketing functions of grading and packing.

(iv) Transportation:

The wholesalers purchase goods from manufacturers and carry them to his godowns and then supply the same to the retailers. He may employ his own vans or hire vehicles for carrying the goods on account of bulk purchases. They can avail of economies in freight.

(v) Financing:

The wholesaler provides credit facilities to the retailers and manufacturers. They sometimes give advance to the manufacturers for the goods to be received later. By selling goods on credit they help the retailers.

7.

There are 5 types of payment methods available in international trade. These payment types are cash-in-advance, open account, documentary collections, documentary credits (letters of credit) and bank payment obligation.

8.Less paperwork to get started.

Easier processes and fewer requirements for business taxes.

Fewer registration fees.

More straightforward banking.

Simplified business ownership.

9.The main sources of funding are retained earnings, debt capital, and equity capital. These are long-term sources, medium-term sources and short-term sources.

10.Educating and advising exporters on trade regulations/practices in other countries.

Expansion and diversification of exports.

Organizing for trade fairs and exhibitions of local goods in foreign markets.

Expansion and diversification of foreign markets.

16. 5 elements of effective communication: the sender, language, environment, the receiver, and feedback. All of these elements contribute to sending and receiving a concise, clear message.

12.Warehousing allows for timely delivery and optimized distribution, leading to increased labor productivity and greater customer satisfaction. It also helps reduce errors and damage in the order fulfillment process. Plus, it prevents your goods from getting lost or stolen during handling.

13.Trend #1: Cloud-Based Systems Adoption.  

Trend #2: Integrated, Frictionless Travel.  

Trend #3: Visibility and Anti-Theft GPS.  

Trend #4: Self-Driving Trucks.  

Trend #5: Regulation Compliance.

15.There are five key barriers that can occur within a company: language, cultural diversity, gender differences, status differences and physical separation.

Hope this helped!!!

Mike and Joe enter into a contract. That contract involves an arbitration clause. A dispute arises. How will the terms of arbitration be determined?
A. The official rules of the American Arbitration Association.
B. The parties will agree before the arbitration begins.
C. In the relevant state statute books.
D. In the terms of the contract.

Answers

D. In the terms of the contract. The arbitration terms will typically be defined by the parties' agreement as expressed in the arbitrary class.

The clause explain the rules procedures and other terms that will help to govern the arbitration process which includes the selection of the arbitrators, the venue, the applicable law, and the important aspects.

It is very important to carefully review and analyze the clause of the arbitration before having a contract to ensure the terms of the arbitration are acceptable. In certain cases the parties may agree to the use of the official rules of an arbitrary association but this specifies the contract.

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When exports are greater than imports there is a favorable balance of trade.

-True

-False

Answers

the answer is true
hope that helps

Question 6
Cash flow is divided into two parts: cash
and cash

Answers

Answer: Cash Inflows and Cash Outflows

Explanation:

Cash inflows refers to those activities that are bringing cash into the company. These increase the cash balance and include things like sales revenue, share sales or loan acquisition.

Cash outflows take money out of the business and therefore reduce the cash balance. They include expenses, fixed asset acquisitions and investments in other company securities.

Walter is in dire need of $482. Out of other alternatives, he decides to take a cash advance on his credit card. His credit card has a cash advance fee of 3.4%. How much is his advance fee?

Answers

Walter needs $482 in urgent, and his credit card has a cash advance fee of 3.4%. Hence, his advance fees would be 3.4% of $482 which is $16.39.

What does place when you obtain a cash advance?

A cash advance is a loan that your credit card company provides. When you obtain a cash advance, you are borrowing funds from the available credit on your credit card. This loan must be repaid, and the amount transferred cannot be greater than the balance that is currently available on your credit card.

What dangers exist with cash advances?

When you take out a cash advance, especially one for a sizable sum, your utilization rate may rise, which could lower your credit score. One of the risks of credit card cash advances is a lower credit score. Cash advance grace periods do not exist.

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Name FIVE reasons why businesses do market research on their client base.​

Answers

Answer:

Identify new customers.

Get to know your existing customers.

Set realistic targets for your business.

Develop new and effective strategies.

Solve your biggest business challenges.

Pearson Co issue its $163,000 at a price of 97, the stated rate is 6%, the bond term is 4 years, and the market rate is 9%. Assume the term of the bonds is 4 years. Using the straight line method of amortization, the interest expense in the 1st year will be $_____

Answers

The interest expense in the 1st year is $11,002.50.

Here, we are to calculate the interest expense in the 1st year using the straight line method of amortization.

Face Value of Bonds = $163,000

Issue Value of Bonds = $163,000 * 97%

Issue Value of Bonds = $158,110

Discount on Bonds = Face Value of Bonds - Issue Value of Bonds

Discount on Bonds = $163,000 - $158,110

Discount on Bonds = $4,890

Annual Coupon Rate = 6.00%

Annual Coupon = Annual Coupon Rate * Face Value of Bonds

Annual Coupon = 6% * $163,000

Annual Coupon = $9,780

Time to Maturity = 4 years

Annual Amortization of Discount = Discount on Bonds / Time to Maturity

Annual Amortization of Discount = $4,890 / 4

Annual Amortization of Discount = $1,222.5

Annual Interest Expense = Annual Coupon + Annual Amortization of Discount

Annual Interest Expense = $9,780 + $1,222.5

Annual Interest Expense = $11,002.50

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Maury and John are opening a paint store. There are no competing paint stores in the area. They must decide how to organize the business. They anticipate profits $150,000 the first year, with the ability to sell franchises in the future. Although they have enough to start the business now as a partnership, cash flow will be an issue as they grow. They feel the corporate form of operation will be best for the long term. They seek your advice.
Read the requirements.
1. What is the main advantage they gain by selecting a corporate form of business now?
2. Would you recommend they initially issue preferred or common stock? Why?
3. If they decide to issue $10 par common stock and anticipate an initial market price of $35 per share, how many shares will they need to issue to raise $1,750,000?
Requirement 1. What is the main advantage they gain by selecting a corporate form of business now?
By selecting the corporate form of business now, Maury and John will
A. avoid the double taxation that affects partnerships and proprietorships.
B. be able to transfer ownership without affecting the continuity of the company.
C. benefit from the ability to exercise mutual agency within a corporation.

Requirement 2. Would you recommend they initially issue preferred or common stock? Why? You would recommend that Maury and John initially issue stock because
Requirement 3. If they decide to issue $10 par common si many shares will they need to issue to raise $1,750,000? The number of shares to issue in order to raise $1,750,000 common preferred initial market price of $
Requirement 2. Would you recommend they initially issue preferred or common stock? Why? You would recommend that Maury and John initially issue stock because initial market p a corporation can only issue a small amount of common stock a share of common stock costs more than a share of preferred stock a share of preferred stock costs more than a share of common stock dividends generally must be paid on preferred stock
Requirement 3. If they decide to issue $10 par common stock and anticipate an initial market price of $35 per share, how many shares will they need to issue to raise $1,750,000? The number of shares to issue in order to raise $1,750,000 is

Answers

They would need to issue 50,000 shares of $10 par common stock to raise $1,750,000.

Answer to the questions

1. The main advantage they gain by selecting a corporate form of business now is the ability to separate personal and business liabilities.

2. It would be recommended for Maury and John to initially issue common stock. Common stock represents ownership in the company and provides voting rights to the shareholders.

3. To raise $1,750,000 by issuing $10 par common stock with an initial market price of $35 per share, they would need to issue:

Number of shares = Amount to raise / Market price per share

Number of shares = $1,750,000 / $35

Number of shares = 50,000 shares

Therefore, they would need to issue 50,000 shares of $10 par common stock to raise $1,750,000.

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what are 2 things that could happen to disrupt customer loyalty life cycle???

Answers

Answer: salespeople and customers are essential for the success of business-to-business relationships, and research has shown that a change of the salesperson can severely harm financial performance.

Explanation: However, such interpersonal relationship disruptions may also have positive effects by encouraging vitalizing re explorations of the relationship.

Probably the best argument for a reverse stock split is to?

Answers

The best argument for a reverse stock split is to increase the stock price. This strategy aims to raise the per-share value of the stock by reducing the number of outstanding shares.

A reverse stock split is a corporate action where a company reduces the number of its outstanding shares. The primary motivation behind a reverse stock split is often to increase the stock price. By reducing the number of shares available in the market, the company aims to create a perception of higher value per share.

A higher stock price may have several benefits. It can attract more investors, particularly institutional investors who may have minimum price requirements for investment. Additionally, a higher stock price may enhance the company's image and increase its perceived value, potentially attracting more attention from analysts and investors.

However, it is important to note that a reverse stock split does not fundamentally change the value or financial condition of the company. It is a strategy aimed at influencing investor perception and market dynamics.

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if you put $700 in a savings account at an interest rate of 3 percent, how much money will you have in one year? multiple choice $679.61 $370 $703.00 $721

Answers

The total saving in 1 year will be $721. It can be calculated by multiply interest rate with total savings.

In economic and business, interest rate generally can be defined as the cost a customer pays to a lender for borrowing funds over a period of time. Interest rate also expressed as a percentage rate of the loan amount. A person who deposits money to financial institution or also bank, will accept an interest rate per year as a benefit for his savings in bank account.

The calculation:

The money that we have in 1 year = 3% x $700 + $700

The money that we have in 1 year = $21 + $700

The money that we have in 1 year = $721

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michael and belinda, an affluent couple, bought a sprawling mansion at a reasonable price in an urban neighborhood. they renovated the house to include luxurious amenities and converted a simple structure into an upscale property. this scenario best illustrates

Answers

They renovated the house to include luxurious amenities and converted a simple structure into an upscale property. This scenario best illustrates gentrification.

Gentrification is the method of converting the person of a neighborhood thru the inflow of more prosperous citizens and organizations. it is a common and debatable topic in city politics and making plans.

Gentrification is a notably contested difficulty, in component because of its stark visibility. Gentrification has the energy to displace low-income families or, greater frequently, save low-earning families from entering formerly low-cost neighborhoods.

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An agricultural economist estimated the following linear demand function for milk in Queensland: where Q represents the number of two litre milk bottles demanded per day in thousands and P represents the price of these bottles in dollars. If on a given day the two litre milk bottle retails for $3.40, predict the number of two litre milk bottles demanded in thousands (to nearest whole thousand

Answers

An agricultural economist estimated demand function for milk in Queensland will have 1,854 liter milk bottles demanded in number.

The given linear demand function for milk in Queensland is:

Q = 2330 - 140P

where:

Q represents the number of two-liter milk bottles demanded per day in thousands

P represents the price of these bottles in dollars

To predict the number of two-liter milk bottles demanded when the price is $3.40, we can substitute P = 3.40 into the demand function and solve for Q:

Q = 2330 - 140(3.40)

Q = 2330 - 476

Q = 1854

Therefore, the predicted number of two-liter milk bottles demanded in Queensland, when the price is $3.40, is approximately 1,854 thousand bottles (or 1,854,000 bottles when rounded to the nearest whole thousand).

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starting from a small open economy with balanced trade, if large foreign countries increase their domestic government purchases, this policy will tend to increase:

Answers

Starting with a small open economy with balanced trade, this policy will typically boost exports by the small open economy if large foreign countries raise their domestic government purchases.

The saving curve moves to the right as economy domestic saving rises, which causes the trade balance and net capital outflow to both rise. In this scenario, the supply of dollars will decrease, resulting in a decrease in foreign investment and an increase in the real exchange rate.

Because domestic items will cost more than foreign goods, the trade balance will decrease. The economic growth of nations with higher savings rates has outpaced that of nations with lower savings rates.

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who is the person who accepts the risks and opportunities inherent in a new business opportunity?

Answers

The person who accepts the risks and opportunities inherent in a new business opportunity is typically the entrepreneur. Entrepreneurs take on the responsibility of launching a new venture, identifying potential risks and opportunities, and making critical decisions that will impact the success of the business.

The person who accepts the risks and opportunities inherent in a new business opportunity is an entrepreneur. An entrepreneur is an individual who creates, organizes, and operates a new business venture, taking on the financial and personal risks associated with starting and running a business. Entrepreneurs are typically characterized by their willingness to take risks, their creativity and innovation, and their ability to recognize and capitalize on market opportunities.

Entrepreneurship is an important driver of economic growth and innovation, as entrepreneurs develop new products, services, and business models that can disrupt existing markets and create new ones. Successful entrepreneurs are often seen as role models and sources of inspiration for aspiring business owners, and entrepreneurship is widely regarded as a key element of a healthy and dynamic economy.

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what should you consider regarding auto insurance before buying a vehicle

Answers

Check to see if you can pay for the car for example when paying monthly can you meet the standards to pay the bill on time. The costs of repairs after the cars been broken down

Answer:both a and c

Explanation:

i did the quiz

Erica sells magazine subscriptions and makes a flat rate of $5. 35 for each subscription she sells. If Erica made $42. 80 on Monday, $64. 20 on Tuesday and $74. 90 on Wednesday, how many subscriptions did she sell in the three days? a. 32 b. 33 c. 34 d. 35 Please select the best answer from the choices provided A B C D.

Answers

The number of subscriptions she sell in three days is 34. The calculation is done by dividing the money earned with the rate per subscription.

What is division?

Division is one of the four basic operations in math. It is used to calculate the number of small units that can be obtained from a larger unit. In the given question, the amount of earning is divided by the rate per subscription to calculate the number of subscriptions sold.

Calculation:

Given:

\(\begin{aligned} \rm Rate\:per\:subscription &= \$5.35\\ \\ Money\: earned\: on\: Monday &= \$42.80\\ \\ Money\:earned\:on\:Tuesday &= \$64.20\\ \\ Money\:earned\:on\:Wednesday &= \$74.90\\ \\ Total\: money\: earned \:in \:three \:days &= \$42.80 + \$64.20 +\$74.90\\\\ &=\$181.90\end\)

Therefore, number of subscriptions sold in three days will be:

\(\begin{aligned} \rm Number\:of\:subscriptions &=\rm \dfrac{Total\:money\:earned}{Rate\:per\:subscription}\\ \\ \rm Number\:of\:subscriptions &= \dfrac{181.90}{5.35} \end\)

Hence the number of subscriptions Erica sell in three days is 34.

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