The $16 is not enforceable because of a preexisting duty.
Answer:
Option (C) is correct.
Explanation:
Contribution per unit:
= selling price - variable cost per unit
= $225 - $90
= $135 per unit
Break-even in (Units):
= fixed expense ÷ Contribution per uni
= 354,060 ÷ 135
= 2622.67
So, Break-even in Sales:
= Break-even units × selling price
= 2622.67 × $225
= $590,100
Therefore, the break-even in monthly dollar sales is closest to $590,100.
Answer:
true
Explanation:
because if you improve the way thing look and the way thing work people will find working there amusing.
<u>Explanation:
</u>
Accounting principles: It is the general instruction or guidelines and rules that a company has to follow for reporting the company's accounts and financial data. There a five accounting principles, in general, they are Revenue Recognition Principle,
Historical Cost Principle, Matching Principle,
Full Disclosure Principle, Objectivity Principle.
auditing techniques: There are 5 steps in auditing techniques to walk through and test each in a controlled place of the service organization. The steps include observation, inquiry, examination or inspection of the evidence,computer-assisted audit technique (CAAT) re-performance.
standard tax law: The law proposed by the government stating that the portion of income that is not subject to tax is used to reduce your tax bill. The deduction is based on age, filing status, and whether you are disabled or claimed as a dependent on someone else's tax return.
general investigative methods: General investigative methods involve physical evidence examining, gathering data or related information, collect the available evidence, protection of evidence, interviewing the witness, and suspect interviewing and interrogation.
Answer:
By the midpoint formula, his income elasticity of demand for pro football game tickets is equal to <u>+3</u>, and football game tickets are <u>normal</u> goods.
Explanation:
The formula for calculating income elasticity of demand using the midpoint method is:
income elasticity of demand = {change in quantity demanded / [(old quantity + new quantity) / 2]} / {change in income / [(old income + new income) / 2]}
= {2 / [(2 + 4) / 2]} / {10,000 / [(40,000 + 50,000) / 2]} = (2 / 3) / (10,000 / 45,000) = 0.67 / 0.222 = 3
when the income elasticity of demand is higher than 1, the goods are normal goods.
