Answer:
(b) $ 43 comma 750 increase
Explanation:
Consider the Incremental Costs and Revenues arising from accepting the Special Order.
Note: Cozy Company has enough idle capacity available to accept a one-time-only special order, therefore the fixed costs are irrelevant for this decision, since order is accepted within the normal operating capacity.
Sales (25,000×$ 7.50) $187,500
Variable manufacturing (25,000× $ 5.75) ($143,750)
Net Income/(loss) $43,750
<u>Conclusion</u>
Therefore, Operating Income would increase by $43,750 as a result of Accepting the Special Order.
,
Answer:
deductible expenses = $5000
Explanation:
given data
gross income = $30,000
medical expenses = $8,000
floor for deduction = 10 %
to find out
How much of a tax deduction will Kaye be able to deduct
solution
we find here deductible expenses that is express as
deductible expenses = medical expenses - ( 10% × gross income ) ...............1
put here value we get
deductible expenses = 8000 - ( 10% × $30,000 )
deductible expenses = 8000 - ( 3000 )
deductible expenses = $5000
Answer:
The correct answer is A: The sale of a security with a commitment to repurchase the same security at a specified future date and a designated price
Explanation:
A repurchase agreement (Repo) is a short term agreement between two parties in which one party sells the other party security (usually government securities) a<u>t a price with an agreement to repurchase the exact same security at a fixed time and price.</u> The maturity for a repurchase agreement can be from overnight to a year. The
Repurchase agreements are generally considered safe investments because the security in question functions as collateral, which is why most agreements involve U.S. Treasury bonds. The transaction allows the dealer to raise short term capital. It is a short term money market instrument in which two parties agree to buy or sell a security at a future date.