A customer's desire for a product coupled with the buying power or resources to obtain that product is called a _______

We cannot provide any information about your refund. be sure to: verify your filing date; check with your tax preparer if you fi

stira [4]

Verify your filing date...

5 0

3 years ago

Betty operates a beauty salon as a sole proprietorship. Betty also owns and rents an apartment building. This year Betty had the

nikitadnepr [17]

Answer:

Betty's AGI $33,558

Explanation:

Betty's AGI:

Revenue from salon $88,560

Salaries paid to beauticians ($46,440)

Nail salon supplies ($23,620)

Salon's operating income $18,500

+

Interest income $14,665

+

Rental revenue from apartment building $35,180

Depreciation on apartment building ($14,400)

Real estate taxes paid on apartment building ($11,980)

Rental income $8,800

-

Alimony paid to her husband $7,100

-

Self-employment tax on salon income $1,307

=

Betty's AGI $33,558

Real estate taxes paid on Betty's house and charitable contributions are itemized deductions (below the line deductions).

6 0

3 years ago

The Mixing Department of Complete Foods had 62,000 equivalent units of materials for October. Of the 62,000 units, 38,000 units

Art [367]

Answer:

Materials

62,000 equivalent units

Conversion

42,800 Equivalent untis

Cost of finished Goods

38,000 x (.75 + .55) = 38,000 x 1.3 = $49,400

WIP

24,000 x .75 = 18,000

4,800 x .55 = 2,640

Total WIP 20,640

Explanation:

Equivalent Units

38,000 complete

20% of 24,000 WIP = 4,800

Equivalent Units CC = 42,800

x .55 CC = 23540

Materials

62,000 x .75 = $46,500

6 0

3 years ago

A library shelving system has a fi rst cost of $20,000 and a useful life of 10 years. The annual maintenance is expected to be $

Debora [2.8K]

Answer:

The benefit cost ratio is 1.564

Explanation:

The benefit-cost ratio is the ratio of the present value of benefits to the present value of costs. It is thus calculated as follows.

Benefit-cost ratio = Present value of benefits / Present value of costs

Present value of costs = $20,000 + $2,500 (P/A, 10%, 10 years)

= $20,000 + $15,361

= $35,361

Present value of benefits = $9,000 (P/A, 10%, 10 years)

= $9,000 x 6.145

= $55,305

Benefit-cost ratio = $55,305 / $35,361

= 1.564

3 0

3 years ago

Mr Chavez has assets of S250.000 and liabilities of $18 000 Hedecides to finance the entire amount of tho purchase of a carvalue

Scorpion4ik [409]

The right answer for the question that is being asked and shown above is that: "Mr Chavez did not increase his assets or his net worth."
<span>Mr Chavez has assets of S250.000 and liabilities of $18 000 Hedecides to finance the entire amount of tho purchase of a carvalued at S20000. That statement is true.</span>

3 0

3 years ago

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A customer's desire for a product coupled with the buying power or resources to obtain that product is called a ________.