Emery Mining Inc. recently reported $147,500 of sales, $75,500 of operating costs other than depreciation, and $10,200 of depreciation. The company had $16,500 of outstanding bonds that carry a 7.25% interest rate, and its federal-plus-state income tax rate was 25%. How much was the firm's net income

net income is $48452.81

Step-by-step explanation:

Sales =$147500

subtract operating expenses

-$75500 =$72000

subtract non- operating costs

depreciation -$10200 =$61800

-interest expense payable (16500*7,23%)$1196.25=63603.75

from profit before tax deduct income taxes =63603.75*25%=15150.9375

Net Income is therefore $63603.75-$15150.9375 = $48452.81

step-by-step explanation:

proportions are fractions that equal to each other. so if two fractions are the same, they are proportional.

let's check the answers to see if they are proportional.

question a is not proportional because you can't turn 1.5/3 to 3/9. if you try to multiply 1.5/3 by 2 or 3, you wont get 3/9. it's impossible to make the fractions the same.

question b is not proportional because you can't turn 22/33 to 4/6. 33 can't go into 6.

question c is proportional because when you multiply 2 and 3 by 71, you would get 142/213, and those fractions equal to each other

question d is proportional because when you divide 14 and 7 by 2, you would end up with 7/3.5, and those fractions equal to each other.