Answer:
24.89 percent
Explanation:
The first $50000 is taxed at 15%;
The next (75000 - 50000) = $25000 is taxed at 25% and so on.
then:
Total taxes
= (50000*0.15) + (25000*0.25) + (25000*0.34) +(18740*0.39)
= $29558.60
Then the average tax rate is given by:
=Total taxes/Taxable income
= $29558.60/$118740
= 24.89%
Answer:
124 rooms per month
Explanation:
Total operating cost per month = 5500 +1000+1200+1868+(31*50)+(61*50)
= $14,168
Rental income per night = 115
Therefore, Breakeven point in number of rented rooms = 14168/115=123.2
Approximately, atleast 124 rooms should be rented in a month to break even
Answer: Yes, although the salesperson did not make any express warranties, the UCC imposes an implied warranty of merchantability under which the rotisserie is guaranteed to be fit for the ordinary purposes for which it is used.
Explanation:
From the information given, we can infer that Mason has a recourse. Even though the salesperson did not make any express warranties, it should be noted that the UCC imposes an implied warranty of merchantability and hence, the rotisserie will be guaranteed to be fit for the purposes ordinarily for which it is used.
Therefore, the correct option will be D.
False, I thinkkkkk but I’m not sure
Exclusive Distribution. strategy by which a manufacturer grants exclusive rights to distribute or sell a product to a limited number of wholesalers or retailers in a given geographic area