Answer:
The correct answer is letter "A": Determining other purchase decision influencers.
Explanation:
While engaging prospective buyers into a purchase, salespeople should be aware of what the consumer is looking for. Different consumers have different preferences such as <em>price, brand, quality, technical features, </em>or <em>useful life</em>. Then, once the <em>purchase decision influencer</em> has been identified, clerks must focus on that characteristic to attempt closing the sale.
Thus, <em>Carlos must review his sales speech and pay special attention to what customers are looking for to determine which purchase decision influencer they are related to.</em>
Answer:
(a) Net cash flow provided by operations for Simon Co. for the year ended December 31, 2020 is $1,580.
(b) The correct answer is Option A.
Explanation:
(a) Preparation of statement of cash flows extract
Simon Co.
Statement of Cash Flows (extract) for the Year Ended December 31, 2020
Net income $840
Add: Depreciation and amortization expense 640
Decrease in Accounts receivable 90
Increase in Income taxes payable 70
Less: Increase in Inventory 40
Decrease in Accounts payable 20
Net cash flows from operating activities $1,580
(b) The difference is mainly from timing and recognition. The cash flows from operations is a valuable tool used by investors to evaluate a company's financial strength. This section of the cash flows is regarded as the <em>cash version of net income </em>as non-cash items are added back to net income and it also considers changes in working capital, including current assets and current liabilities.
Answer:
R(x) = 150x - 6
Explanation:
Marginal Revenue function = 150 - 12
Revenue function = 
R(x) = 150x - 8*(x^1/3+1) / (1/3 + 1) + c
R(x) = 150x - 8*3/4x^4/3 + c
R(x) = 150x - 6x^4/3 + c
Given R(o) = 0
R(o) = 0 = O + C --- C = O
R(x) = 150x - 6
Yield to maturity (YTM) = [(C+(F-P)/n) / ((F+P)/2)]*100
Given:
Duration/term = n = 4 year
Interest rate or coupon= 4%
Price = P = 98
To find: Yield to maturity
Face value of the bond = F = 100
So, interest/C = 4% of 100= 4
Solution:
Yield to maturity (YTM) = [(C+(F-P)/n) / ((F+P)/2)]*100
Now, putting values in the formula,
[(4+(100-98)/4) / ((100+98)/2)]*100 Answer = 4.54% is the yield to maturity
Answer: Keeping a log of business expenses Ignoring earnings from a lawn mowing business (Tax evasion )
Not reporting interest earned on a savings account ( tax avoidance )
Keeping a log of contributions to a charity ( tax avoidance )
Not reporting tips Claiming your dependents as tax deductions ( tax evasion )
Explanation: by keeping a log of expenses and ignoring the income of a lawn business you are deliberately carrying out tax evasion because you are not declaring your total earnings and profits.
By not reporting interest earned on a savings account you are devising a means to pay a lower tax legally.
Keeping a log of donations to charity
this is a perfect example of tax avoidance because by donating to charity you are trying to avoid paying high taxes legally.
By not reporting tips earned you are trying to evade paying additional tax.
B. Usually when you engage in tax evasion you risk exposing yourself to greater cost, which usually higher than normal. Once discovered fine payable can be as much as three times the amount concealed.
