<span>B .There are 24 days remaining in July (31 - 7 ); 31 days in August; 30 days in September; and 5 days in October (24 + 31 + 30 + 5 = 90 days).
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The days are not only based on estimation but on Accurate number of days in each month. Since it is written in july 7 then its maturity will be on october 5
I think it's one and four but not so sure?
Did that help?
Answer:
Tax Liability = $74,550
Explanation:
Particular Amount
Sales $1,855,000
Less: COGS(70% of sales) <u>$1,298,500</u>
Gross Profit $556,500
Less: Operating expenses <u>$225,000</u>
Operating profit $331,500
Add: Taxable dividend income $40,000
Add: Capital gain $10,000
Less: Interest Expenses <u>$26,500</u>
Net Taxable Income $355,000
Tax rate = $355,000 * 21%
Tax Liability = $74,550
Note: 21% is the Tax rate approved by the Tax cuts and Job Acts of 2017.
Answer:
1.90
Explanation:
Calculation for how many cells that the company require to satisfy predicted demand
Using this formula
Numbers of cell=Projected annual demand/Annual capacity per cell
Based on the information given we were told that Annual demand is 50,000 units in which it is forecasted that within 2 years it will tripple which means that Annual demand will be calculated as:
Projected annual demand = 50,000*2 years
Projected annual demand=100,000
Let plug in the formula
Numbers of cell=100,000÷(220 units/day × 238 days/year)
Numbers of cell=100,000÷52,360
Numbers of cell=1.90
Therefore the amount of cells that the company require to satisfy predicted demand will be 1.90
