$250,000
$1,458 x 12
Months = 17,496
17,496/0.07
=$249,942
Answer:
1. Economic investment refers to the creation and expansion of business enterprises.
Explanation:
Economic investments: increase of the capital of a company. This can range from human resources, equipment, facelities, raw materials and others. in general it refers to tangible assets used into the business operations,
While Financial investments refer to allocation of cash to achieve a certain yield over a period. In financial investment we can find bonds, stock, rela state ventures, derivates among others. If it is traded with the expectation of a financial gain (cash inflow in the future are greater than cash outflow at purchase) could be considered this type of investment.
The answer is, the Fifth Amendment privilege does not extend to the custodian of corporate records.
<h3>What defines a pharmaceutical company?</h3>
- A pharmaceutical company, often known as a drug company, is a for-profit organization with a license to conduct medication research, development, marketing, and/or distribution, usually in the context of healthcare.
<h3>What is the role of pharmaceutical companies?</h3>
- The pharmaceutical sector creates, produces, and markets pharmaceutical products. Its goal is not to define sickness.
- The majority of drugs created by pharmaceutical corporations are designed to treat conditions that have already been identified as such by the medical community.
<h3>What is an example of pharmaceutical?</h3>
- Pharmacies or prescribed medications are mentioned in the definition of pharmaceutical.
- Prozac is an example of a pharmaceutical drug. (medicine) Of, pertaining to, or involving a pharmacy or pharmacists
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Answer and Explanation:
The journal entry for the recording of sales and sales tax payable is shown below:
Accounts Receivable $3,472
To Sales $3,200
To Sales tax payable $192 ($3,200 × 6%)
To Local tax payable $80 ($3,200 × 2.5%)
(Being the sales and sales tax payable is recorded)
For recording this we debited the account receivable as it increased the asset and credited the sales, sales tax and local tax as it increased the revenue and liabilities
Answer:
Option D is the correct answer.
<u>Yes,it should be eliminated. Because operating income will increase by $15,200</u>
Explanation:
Increase (Decrease) in operating income
= Avoidable fixed costs - Contribution margin lost
= 26,400 - 11,200
= $15,200
