Answer:
$0
Explanation:
As we know that the life insurance proceeds would be recieved by the beneficary on the insured person death is tax free
Since the amount of $12,000 would be received by May Green on her insured father so this amount would be tax free
Therefore the amount that subjected to income tax is $0
The answer to this question is "CKO or the Chief Knowledge Officer". He, the CKO, helps the design programs and systems to find and discover new sources of knowledge or to make and produce better use of existing knowledge in the organizational and management processes. He is also the person assigned and responsible for firm's knowledge management program.
Answer:
-3.41%
Explanation:
The computation of the annual rate of return is shown below;
We use the formula:
Future value = Present value × (1 + rate of interest)^number of years
$10,710,500 = $12,738,500 × (1 + rate of interest)^5
($10,710,500 ÷ $12,738,500)^(1 ÷ 5) = (1 + rate of interest)
(1 + rate of interest) = 0.965913622
r = (0.965913622 - 1) × 100
= -3.41%
Natural monopolies <span>benefit from large economies of scale, in which the costs of goods decrease as output increases.
</span>A natural monopoly<span> is a distinct type of </span>monopoly<span> that may arise when there are extremely high fixed costs of distribution, such as exist when large-scale infrastructure is required to ensure supply.</span>
Answer:
separates costs into fixed and variable component
can assist with management decision making
Explanation:
The contribution margin may be defined as when we deduct the expenses of the variable from sales. Where contribution margin shows the organization revenue is contributing to net income and fixed cost.
The statement of contribution margin income tells of the earnings at various stages of operations.
This report of income is not used for external reporting purposes but rather for internal decision making by the management.
Therefore according to the above description, the last two statements are correct.
