Bravo Company began operations at the beginning of 20X6 with a $10,000 cash investment by stockholders. During 20X6, Bravo Company had revenue on account of $5,000; of this amount $2,000 was collected during 20X6 and $3,000 was an outstanding r incurred $3,000 of operating expenses during 20X6; of this amount $1,000 was unpaid at year end. During 20X6, $1,000 cash was disbursed as dividends. The only other transaction during 20X6 was the purchase of $5,000 of equipment for cash near the end of the year. How much was Bravo Company's 20x6 net income? le at year-end. Bravo Company 1b Beginning stockholders' equity was $120,000. Ending stockholders' equity was $195,000. Additional issuances of capital stock during the year amounted to he yeur amounied io $12000 How amuch income ar he year?

There are two unrelated sub-question in this question.

First question from start to the question: "How much was Bravo Company's 20x6 net income? le at year-end": The answer is $2,000.

Second question start from the end of the first question to the end. The question is: How much income for the year?": The answer is: $63,000.

Explanation:

* First question: Assume Bravo Company applies accrual accounting, we have: Bravo Company's 20x6 net income = Revenue for 20x6 - Expenses for 20x6 ( ignore cash flow because accrual accounting recorded revenues/expenses when they are earned/incurred rather than cash is collected/paid) = 5,000 - 3,000 = $2,000.

* Second question: We have income for the year = Ending Balance of equity - Beginning balance of equity - Additional issuance of equity ( as there is no information on dividend distribution or opening balance of retained earnings) = 195,000 - 120,000 - 12,000 = $63,000.  

ans.

heterothermic organisms include those organisms that can switch between homeothermic (having body temperature higher than environment) and poikilothermic (having variation in internal body temperature) strategies.

some migratory birds show heterothermy as they decrease their metabolic rate during cold nights to keep their body temperature low. drop in metabolic rate allows increase in production efficiency of birds that reduces the internal body temperature to make it equal to external cold temperature during cold nights.

thus, the correct answer is 'birds allow their temperature drop in order to increase their production efficiency.'

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