Answer:
option 2 $75,000
Explanation:
Data provided in the question:
Amount for which the copyright to a book purchased = $15,000
Agreed royalty = 10% of the book sales
Minimum royalty to be paid= $60,000
Total book sales = $750,000
Now,
The Amount of royalty according to the agreement
= 10% of Total book sales
= 10% of $750,000
= $75,000
Since,
The amount the greater than the minimum royalty
Hence,
the agreement amount will be paid
i.e
option 2 $75,000
Answer:
Cost-based contract
Explanation:
A cost-based contract is tied to various factors which can change the overall price of a good or service. Likewise, the only difference between the cost-based contract and the fixed-price contract is the change in the price during the contract. A price can change in a cost-based contract because of inputs and economic factors such as exchange rate or interest rate.
Answer:
Correct Answer:
B) "Statement ending date filter" at the right side of the transaction list
Explanation:
<em>The above option was the one that would enable someone to show all transactions when the person is working on a business reconcillation account of an organization.</em>
Answer:
The Democratic Party believes the wealthiest Americans and largest businesses must pay their fair share of taxes :3
Explanation:
:3
Answer:
Explanation:
Match the following terms with their definitions.
A. Confusion and Inconvenience :inflation decreases the reliability of the unit of account making it more complicated to differentiate successful and unsuccessful firms thereby impeding the efficient allocation of funds to alternative investments.
B. Shoeleather costs : the resources wasted when inflation induces people to reduce their money holdings.
C. Relative Price Variability : because prices change infrequently, higher inflation causes relative prices to vary more. Decisions based on relative prices are then distorted so that resources may not be allocated efficiently.
D. Unexpected Inflation :inflation decreases the real value of debt thereby transferring wealth from creditors to debtors.
E. Menu costs the cost of more frequent price changes at higher inflation rates.
F. Inflation Induced Tax Distortions
:the income tax is not completely indexed for inflation; an increase in nominal income created by inflation results in higher real tax rates that discourage savings.
