Answer:
Sales Revenues 2,410,700
COGS (1,458,400)
gross profit 952,300
interest revenue 40,600
interest expense (49,100)
admin expense (219,700)
earnings before taxes 724,100
income tax (217,230)
net income 506,870
Explanation:
We subtract the cost of good sold rom the sales revenue to get the gross profit
Then we discount the other expenses and add up the interest revenue giving the earnings before taxes
Last, we apply the 30% rate to this amount giving our income tax expense
after we subtract it we obtain the net income.
Requiring a signed contract prior to acquisition of assets is an example of a high-level business policy
<u>Explanation:
</u>
An asset purchase agreement (APA) is an understanding between a purchaser and a dealer that finishes terms and conditions identified with the buy and closeout of an organization's advantages.
It's essential to note in an APA exchange, it isn't fundamental for the purchaser to buy the entirety of the advantages of the organization. Truth be told, it's basic for a purchaser to bar certain benefits in an APA.
Arrangements of an APA may incorporate installment of price tag, regularly scheduled payments, liens and encumbrances on the benefits, condition point of reference for the end, and so on.
An APA contrasts from a stock buy understanding (SPA) where organization shares, title to resources, and title to liabilities are likewise sold. In an APA, the purchaser must choose explicit resources and keep away from repetitive resources.
These benefits are organized in a timetable to the APA. The purchaser in a SPA is acquiring portions of the organization. For this situation, order isn't essential because of move of organization's possession happens in its present condition. The APA is the lawful system for executing a corporate merger or obtaining.
The oil and gas industry doesn't recognize a benefit and stock buy in naming its related buy understanding. In this industry, in the case of buying resources or stock, the conclusive understanding is alluded to as the Purchase and Sale Agreement (PSA).
Answer:
Letter b is correct.<u> Influencer.</u>
Explanation:
An influencer in the shopping center features a role whose central activities are to deliver opinions that can influence other members in the shopping center in the final decision-making process.
In the case of Reginald, he is an influencer for taking care of the initial and main details of a purchase, such as the decision-making process of choosing the best supplier for the purchase and the bureaucratic process, and sending the purchase order.
The influencer decides whether to buy, what to buy, where to buy, etc.
Answer and Explanation:
The computation is shown below:
a. For delivery service product cost:
Indirect materials $6,500
Depreciation on delivery equipment $11,800
Dispatcher's salary $5,530
Gas and oil for delivery trucks $2,300
Drivers' salaries $17,100
Delivery equipment repairs $500
Total $43,730
b) For Period costs:
Property taxes on office building $920
CEO's salary $12,400
Advertising $4,700
Office supplies $710
Office utilities $1,040
Repairs on office equipment $270
Total $20,040