Answer and Explanation:
As we know that the credit amount should be allowed a qualified deduction of 100% till $2,000 and the next 25% is $2,000
In the given situation, the credit amount would be
= $1,600 × 100%
= $1,600
As the AGI is $175,000 i.e. exceeded the prescribed amount i.e. $160,000 so it would be phased out till $180,000
So, after considering the phase out application limits, the credit is
= $1,600 × ($180,000 - $175,000) ÷ ($180,000 - $160,000)
= $400
So, the total credit is $400 out of which $160 is refundable and the remaining balance i.e. $240 would be non-refundable
Answer: $15,614.68
Explanation:
Sales are projected to grow by 4.8% the next year.
= 387,000 * ( 1 + 4.8%)
= $405,576
The Projected addition to Retained Earnings = Expected Sales * Profit Margin * Retention ratio ( amount that is not paid as Dividend)
= 405,576 * 0.055 * ( 1 - 0.3)
= $15,614.68
Answer:
C
Explanation:
Because he can not price discriminate
Answer:
Option d ($44,280) is the correct option.
Explanation:
Given:
Maintain monthly inventory,
= 30%
October production,
= 24,600 units
Rate per kg,
= $4
For September month,
The desired ending units will be:
=
=
=
The required quantity will be:
=
=
=
hence,
The total price will be:
=
=
= ($)
Answer:
contractual vertical
Explanation:
A vertical marketing system can be defined as a form of cooperation that exists between the different levels that makes up a distribution channel. The individuals in the channel ensure that they work in unity inorder to accelerate the rate of efficiency.
The three elements that constitutes a a vertical marketing system include:
- Producer
- Wholesaler
- Retailer
In a corporate vertical marketing system a single organization is responsible for production, development, marketing, and distribution of a particular product. All levels of the distribution channel is handled by a single company.