During the year a business recorded $100,000 in revenues, $55,000 in expenses, and dividends of $10,000. What would be the net income?

b. $45,000 Thus Revenue $100,000 - Expenses $55,000. Dividend is not an expense treated in the income or profit or loss statement to obtain net income. It occures in the statement of changes in equity which will give a retained earnings of $35,000 thus net income $45,000 - $10,000

Yes, Option B is the right answer.

b) $45000

The Dividend show up in the Statement of Retained Earnings, or the Statement of Changes in Equity, depending on what you use. Dividends are a distribution of profit, that is not an expense or a loss. So it will not comes in  Income Statement.

It would be b. $45,000.....

During the year a business recorded $100,000 in revenues, $55,000 in expenses, and dividends of $10,000. What would be the net income?

 

b)45,000

Answer is (b). Net income is45000$ as dividends is the form of earnings to shareholders, thus not deducted while calculating net income,

Obviously option B because income100,000 and here expense is55,000 Less expense from income i.e45,000 And dividend not deducted from net income

Answer is option B. Because dividened on common stocks will not deduct from income statement.

Correct answer is45000 thank you

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The total income is $100000 and expenses are $55000 and dividend is $10000,So in this case the income of firm is option B $45000