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2 years ago

A good percentage to start with for saving is ________________ percent of your teaching income.

Business

1 answer:

Alja [10]2 years ago

6 0

A good percentage to start with for saving is. At least 20% percent of your teaching income

The term "revenue" generally refers to the transfer of money, property, and other value received over a period of time in exchange for services or products. There is no single standard definition. Income is defined according to the context in which the concept is used.

While individuals usually earn their income through wages or salaries, businesses generate income from the sale of goods or services in excess of their production costs. Most forms of income are subject to tax.

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Governor Smith of Georgia is presented with the following data: currently the state derives a total of $400 million of benefits

Rudiy27

Answer:

In order to use the Cost-Benefit Principle correctly we need to compare the marginal benefit of the new spending, which is $25 million, with the marginal cost of the new spending, which is $50 million. This new spending makes no economic sense.

Explanation:

The cost-benefit principle in accounting states that the additional benefit must outweigh additional cost in an accounting system.

Spending of $250 million is giving $400 million revenue. The new proposal of spending $300 million to get $425 million implies we are spending extra $50 million to make extra $25 million.

This is not a good investment according to the cost-benefit principle.

8 0

3 years ago

A company purchased a delivery van for $28,400 with a salvage value of $3,900 on september 1, year 1. it has an estimated useful

Lunna [17]

The deprecation expense in year 1 is $1225.

<h3>What is the depreciation expense in year 1?</h3>

Depreciation is a method that is used to expense the carrying value of an asset. Straight line depreciation is a depreciation method that allocates the deprecation expense evenly across the useful life of the asset.

Straight line depreciation expense is a function of the useful life of the asset, the cost of the asset and the salvage value of the asset.

Straight line depreciation expense = (number of months from Sept to Dec / number of months in a year) x (Cost of asset - Salvage value) / useful life

(3/12) x [(28,400 - 3900) / 5]

1/4 x (24,500/5) = $1225

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8 0

1 year ago

Black systems sold and delivered modems to white computers for $330,000 to be paid by white in three equal installments over the

patriot [66]

Why are they giving $110,000 more?

5 0

3 years ago

Pastoria Enterprises has scheduled raw material purchases of $100,000 in January, $130,000 in February, and $150,000 in March. T

IRINA_888 [86]

Answer:

Explanation:

The question asks to calculate how much will be disbursed by the company in February.

Firstly , we know that the company disburses 75% in the month of purchase and 25% during the month after purchase.

Now, 75% of $130,000 would be disbursed as February’s own payment:

Mathematically 75/100 * 130,000 = 97,500

Also, we should not forget that the company disburses 25% of previous month during the current. That is 25/100 * 100,000 = 25,000

Total amount disbursed is thus 25,000 + 97,500 = $122,500

6 0

3 years ago

Which is an example of an effective study skill?

Naddik [55]

Answer:

Teaching or asking a study partner the questions.

Explanation:

When you teach someone you take in the knowledge better and get to help someone else out.

7 0

3 years ago