Answer:
40
Explanation:
Batches of apples produced in one hour = 35/100 = 0.35
Batches of peaches produced in one hour = 70/100 = 0.70
total hours it would take to produce 15 batches of apples = 15 / 0.35 = 42.86 = 43 hours
this would leave (100 - 43) 57 hours to make peaches
Batches of peaches that can be made in 43 hours = 57 x 0.7 = 39.9 = 40 batches
Answer:
8.6 days
Explanation:
The formula for average collection period
= Average received turnover ratio / 365 daya
= 90 × 35 / 365
= 8.6 days
Answer:
c. $3,800
Explanation:
Calculation for the amount of taxable income
Using this formula
Taxable income =Interest income from a checking account+Interest income from corporate bonds +Interest income from federal bonds
Let plug in the formula
Taxable income =$1,000+$2,050+$750
Taxable income=$3,800
Therefore on his current year tax return the amount of his taxable income will be $3,800
Answer: $68,000
Explanation:
Let us assume that we are given a tax rate of 34% to use in computing the question. Therefore, Purple Rose's current income tax expense or benefit will be:
Pre-tax book income = $500,000
Less: Tax depreciation = $300,000
Net Income = $500,000 - $300,000 = $200,000
Current income tax expenses at 34% will then be:
= 34% × Net income
= 34/100 × $200,000
= $68,000
