Answer:
= $8.80
Explanation:
<em>Under the Mark-up pricing system, the price of a product is determined by adding a desired percentage of the the cost (called mark-up) to the full cost of the product.</em>
Selling price = <em>The full cost of the product + mark -up</em>
<em>The full cost of a product = Variable cost + fixed cost</em>
Remember that fixed cost do not varying within activity range
Selling price = ($2.80 + $ 5.50) + 0.50 = $8.8
Sales price to be charged =$8.8
<em>Total sales value = $8.8× 42,000</em>
<em> = $369,600. (though this is not part of the requirement)</em>
Answer:
a. ensure that the company is profitable and has a sustainable competitive advantage.
Explanation:
The company T-square construction is looking forward to corporate social responsibility and for this purpose the company is looking for many philanthropic activities to serve humanity and society. If a company wants to achieve this vision the first and foremost thing it should consider is that whether the company is profitable or not. If T-square is not profitable or does not have a sustainable competitive advantage it will not be able to fulfill its legal codes, financial needs and ethical requirements. If the company is not profitable it will not have resources to accomplish its vision.
I believe the answer would be the mechanical solution.
Answer:
given statement is false
Explanation:
given data
active income = $210,000
portfolio income = $45,000
passive activity loss = $230,000
deduct passive activity loss = $230,000
solution
as per Topic Passive Activities
we know that Losses and Credits in IRS state here that Loss from passive activity is not allowed for current year
and here this loss will be carry forward to the next taxable year
as a similar rule is applicable to give credits from passive activities
so that given statement is false