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8090 [49]
3 years ago
6

Deleon Inc. is preparing its annual budgets for the year ending December 31, 2017.

Business
1 answer:
lyudmila [28]3 years ago
5 0

Answer:

Product JB50= $8,874,800

Product JB60= $5,448,600

Total sales revenue= $14,323,400

Explanation:

Giving the following information:

Product JB 50 Product JB 60

Anticipated volume in units 403,400 201,800

Unit selling price $22 $27

<u>A sales budget reflects the revenues of the company based on the estimated sales volume. It includes sales discounts and allowances.</u>

<u>Sales budget:</u>

Product JB50= 403,400*22= $8,874,800

Product JB60= 201,800*27= $5,448,600

Total sales revenue= $14,323,400

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Racicky was in the process of buying 320 acres of ranchland. While that sale was being negotiated, Racicky signed a contract to
deff fn [24]

Answer:

The correct answer here is Restitution.

Explanation:

The remedy which is available here to Simon is restitution ( termed as Restitutionary damages), according to this remedy a injured party ( Simon in this case ) would be compensated for the losses or damage that he has suffered because of the actions of the defendant ( Racicky in this case ). So here Racicky has to submit any gain that he has received by causing damage to the Simon.

Here expectation can't be the answer because Racicky is now bankrupt and specific performance can't be the answer because Racicky is not the owner of the land , he hasn't bought it because he has gone bankrupt.

5 0
3 years ago
These financial conglomerates provide a range of services, such as investment banking, commercial banking, and financial advisin
Degger [83]

Answer:

These financial conglomerates provide a range of services, such as investment banking, commercial banking, and financial advising. ⇒ <u>FINANCIAL SERVICES CORPORATIONS. </u>

The institution described is a Financial Services Corporation as they offer many services to customers including all the above services. The firm type depends on the services it offers.

They are owned by members so that members can share funds among themselves. Members who save deposit the funds. These funds are then loaned to members who need the funds. ⇒ <u>CREDIT UNIONS.</u>

This is a Credit Union. Credit Unions were designed to ensure that people had access to low interest loans. They are like banks in that they loan money but they only loan to members. Members own the Union and it is run on a non-profit basis which is why rates are so low.

With the use of advanced investment techniques, these largely unregulated portfolios are invested in securities. The investment objective is to offset potential losses by investing in counterbalancing securities. They are open to only a select class of investors. ⇒ <u>HEDGE FUNDS. </u>

Hedge funds invest in derivatives a lot and are largely unregulated. They use very advanced investment techniques to earn high returns for their exclusive class of investors who pool funds to provide the Hedge fund with capital for investment.

8 0
2 years ago
Which of the following is a service-based business? (Select the best answer.)
Talja [164]
A house cleaning company 
5 0
3 years ago
Reese, a calendar-year taxpayer, uses the cash method of accounting for her sole proprietorship. In late December, she received
AVprozaik [17]

Answer:

a. What is the after-tax cost if she pays the $20,000 bill in December?

= $20,000 x (1 - 32%) = $13,600

b. What is the after-tax cost if she pays the $20,000 bill in January?

total after tax cost (including investment revenue):

= $20,000 x (1 - 35%) = $13,000

= -$20,000 x 12% x 1/12 x (1 - 35%) = -$130

= $12,870

c. Should Reese pay the $20,000 bill in December or January?

January, since the after tax cost is lower

d. What is the after-tax cost if she expects her marginal tax rate to be 24 percent next year and pays the $20,000 bill in January?

= $20,000 x (1 - 24%) = $15,200

= -$20,000 x 12% x 1/12 x (1 - 24%) = -$152

= $15,048

e. Should Reese pay the $20,000 bill in December or January if she expects her marginal tax rate to be 32 percent this year and 24 percent next year?

December, since the after tax cost is lower

5 0
2 years ago
Cartels are difficult to maintain because a. ​the monopoly output is very difficult to determine. b. ​the number of firms is alw
Ostrovityanka [42]

Answer:

The correct answer is option d.

Explanation:

Cartels are generally formed in oligopoly markets. In such markets there are few firms which are interdependent. So, they form cartels to enjoy monopoly power.

Though cartels are generally short lived and difficult to maintain. The reason behind this is that each firm has the incentive to deviate and produce more than their quota in order to capture more market share.

So, option d is the correct answer here.

6 0
3 years ago
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